Trading & Execution

The Depository Trust & Clearing Corporation (DTCC) processed approximately USD19trn in securities transactions last week during the events of Superstorm Sandy. »

Eurex Clearing is to go live with Europe’s first central counterparty (CCP) service for the bilateral securities lending market on 22 November. »

Total monthly volume in futures on the CBOE Volatility Index (VIX) reached an all-time high for a second consecutive month in October 2012.  »

Strate (The Licensed Central Securities Depository for electronic settlement of Financial Instruments in South Africa) is to replace its current bond market system UNEXcor with the Market Infrastructure solution from the TCS BaNCS product suite. »

Horizon Cash Management is surveying commodity trading advisers (CTAs) and commodity pool operators (CPOs) to document the impact of the MF Global and Peregrine Financial Group (PFG) liquidations on the managed futures industry and its investors. »

Orc clients can now use high speed FPGA data feeds from NovaSparks. »

Asset Match, the UK’s first electronic platform for trading shares in private companies, has acquired Sharemark, the online stock market for smaller listed and non-listed companies, for an undisclosed sum.  »

Vega-Chi US has launched the only high-yield bond trading platform solely for institutional investors. »

The International Swaps and Derivatives Association (ISDA) is supporting the Clearing Connectivity Standard (CCS), an industry standard that helps improve over-the-counter (OTC) derivatives reporting and communication for asset managers, futures commission merchants (FCMs), central counterparties (CCPs) and custodians. »

Canadian investment firm Vertex One Asset Management is the latest client to sign up for Linedata’s newly launched Linedata Global Hedge hosted platform. »