Trading & Execution

NYSE Euronext (NYX) has reported Global derivatives average daily volume (ADV) of 7.5 million contracts in January 2012 - a decrease of 17.3% versus the prior year, with European Derivatives declining 31.3% and US equity options decreasing 4.1%.  »

The London Metal Exchange has begun publishing live forward prices for all metals traded in the last Ring session of the day (the afternoon “Kerb”), a refinement that will add further transparency to the procedures used to establish the Closing Prices. »

Singapore Exchange (SGX) saw year-on-year growth in its commodities, clearing and fixed income activities in January 2012. »

MarketAxess has released its first year-end review of trading activity in the US corporate bond market for 2011. The analysis was conducted by MarketAxess Research. »

Trading volume during at the CBOE Futures Exchange (CFE) during January 2012 totalled 811,283 contracts, an increase of four per cent from the 778,157 contracts traded in January 2011. This was the busiest January in CFE history and it ranks as the tenth most-active trading month ever at the exchange.  »

Silk Road Management has launched the Silk Road Iraq Index (SILKIQ) and Silk Road Iraq Oil Index (SILKIO), two debut equity indices that include largest Iraq-focused companies, listed on the Iraq Stock Exchange (ISX) as well as international bourses in London, Toronto and Oslo. »

The international derivatives market Eurex Exchange has exceeded five million contracts traded in the BTP derivatives segment since trading began in September 2009. The segment comprises three futures based on notional short-, medium- and long-term bonds issued by the Republic of Italy (Buoni del Tesoro Poliennali – BTP). »

The London Metal Exchange (LME) has launched LMEswaps for all of its non-ferrous metals. The financially settled contracts based on the average monthly price are the first of their type to be traded on-exchange in the world. They are designed for participants of the physical industry who need to hedge the monthly average price. »

The National Futures Association (NFA) has begun accepting applications from swap dealers (SDs) and major swap participants (MSPs) pursuant to the recent final registration rules and delegation of authority order that were approved by the Commodity Futures Trading Commission (CFTC) on 11 January. »

MarketAxess Holdings Inc, the operator of an electronic trading platform for US and European high‐grade corporate bonds, emerging markets bonds and other types of fixed‐income securities, has received authorisation from the Comissão de Valores Mobiliários – CVM (Securities and Exchange Commission of Brazil) and the Central Bank of Brazil to offer e‐trading of local currency debt. »