Trading & Execution

CF Partners, the trading and investments firm, has expanded its main trading entity to include investments in commodities across the energy complex. »

UBS has launched a new business area called UBS Quant HQ, focused specifically on the unique requirements of the systematic, or quantitative, trader. »

BrokerTec, ICAP’s electronic fixed income trading platform, and MTS, a fixed income trading venue in Europe which is majority owned by London Stock Exchange Group, are launching a daily repo index series for the sovereign bond markets of the main eurozone countries. »

Chi-X Canada ATS, a wholly owned subsidiary of alternative trading venue operator Chi-X Global, is launching a second lit marketplace, CX2 ATS, in the first quarter of 2013. »

Interdealer broker ICAP is reorganising to create a single, global broking division to reflect the changing nature of its business and serve customers more effectively. »

In co-operation with ČEZ Group, the European Energy Exchange (EEX) has expanded its Transparency in Energy Markets platform with energy market data from the Czech Republic. »

The London Metal Exchange’s (LME) minor metals contracts have reached USD1bn in notional turnover. »

The secondary market, where investors historically went to trade their illiquid holdings in hedge funds, private equity and other alternative investments, is increasingly a source of liquidity in normal times and not just an escape hatch for investors in duress, according to a recent survey of more than 489 institutional investors managing gross assets of USD417bn. »

The international derivatives market Eurex Exchange has set several new records in its Euro-OAT Futures. »

NYSE Euronext European derivatives products average daily volume (ADV) in July 2012 totalled 3.5 million contracts, a decrease of 6.8 per cent compared to July 2011 and a decrease of 24.7 per cent from June 2012 levels. »