Trading & Execution

Eurex Clearing’s EurexOTC Clear for Interest Rate Swaps (IRS) successfully went live on 13 November 2012. »

The industry decision to close the US markets for two trading days due to Hurricane Sandy resulted in a nine per cent decrease in the number of trading days in October 2012 for NYSE Euronext’s US cash equity and equity options markets. »

Capital Markets Cooperative Research Centre (CMCRC), the Australian independent academic centre for capital market research, has shown that there is no link between high-frequency trading (HFT) and market manipulation, based on a new report using mathematical models for market abuse. »

NYSE Liffe’s Robusta Coffee and Cocoa Futures contracts will be added to the Rogers International Commodity Index (RICI) for the first time. »

The Eurex KOSPI Product traded 352,562 contracts on 7 November 2012 – a new daily record since the June 2012 introduction of the 500,000 KRW contract multiplier. »

NYSE Euronext has announced the 2013 holiday calendar and early closing dates for its European markets. »

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. »