Bank of New York Mellon has developed a netting service called Derivatives Collateral Net, which enables derivatives dealers to post only their net obligations against all other partici
Hedge fund managers have turned bullish on US equities, according to BarclayHedge and TrimTabs Investment Research. Bullish sentiment on the S&P 500 among hedge fund managers soared to 43% in July, the largest share since December 2010, from 27% in June. Bearish
SunGard is to provide Financial Information eXchange (FIX) connectivity through its SunGard Global Network (SGN) to DelphX to create CentralX, a neutral, centrally-cleared global facility. The CentralX market will be integrated within SGN to facilitate anonymous all-to-all interaction of orders
September trading volume in CBOE Volatility Index (VIX) futures totalled 2.96 million contracts, a 23 per cent increase from September 2012 and a 15 per cent decrease from the previous month. Average daily volume in VIX futures during September
Fidessa LatentZero, a provider of front-office software to the buy-side, has integrated its order and execution management system, Minerva OEMS, with Bloomberg’s Trading System Order Ex
Eurex Clearing, part of the international derivatives exchange Eurex, is examining various formats for the introduction a central counterparty solution for products that are currently hand
Liffe, the European-based derivatives business of NYSE Euronext, has announced the launch of futures on 13 MSCI indices on its wholesale derivatives service Bclear.
Order book turnover on Xetra, the Frankfurt Stock Exchange and Tradegate stood at EUR96.9bn in September 2013, down from EUR98.9bn in September 2012. Of the EUR96.9bn, EUR88.8bn was attributable to Xetra (September 2012: EUR91.1bn) and EUR4.2bn was attributable to
Concept Capital Markets is to acquire Alaris Trading Partners. The terms of the transaction, which is pending approval by the Financial Industry Regulatory Authority (FINRA), have not been disclosed. The combined company will offer institutional brokerage services to hedge funds,
BGC Partners’ subsidiary BGC Derivative Markets has launched operations as a swap execution facility (SEF), consistent with the derivatives trading regulations under the Dodd-Frank Act. "Today marks an important milestone as we enter a new era of derivatives transactions,"
