EBS, ICAP’s electronic FX platform, is making system and policy changes following consultation with its customers on both the buy and the sell side. The changes, which follow the publication of EBS’s new dealing rules on 10 July, are designed
The European Energy Exchange (EEX) is to start an initiative to relaunch its coal market. The initiative will focus on Trade Registration which means the registration of OTC trades for clearing. EEX has attracted several well-known brokers that support
List Group, the electronic trading provider behind 15 of Europe’s electronic markets, has launched its standard alone grid computing platform, FMR Grid. The platform enables financial institutions to conduct complex risk analysis simultaneously across asset classes, improving risk management performance
Newedge has been approved for membership to clear over-the-counter interest rate swaps at the Chicago Mercantile Exchange. Achieving authorisation means Newedge is the first futures commission merchant and non-traditional OTC IRS swap dealer to offer central counterparty clearing of OTC
Consolidated trading volume during August for options contracts on the Chicago Board Options Exchange (CBOE) and C2 Options Exchange (C2) and futures contracts on CBOE Futures Exchange (CFE) totalled over 91 million contracts. August 2012 average daily volume (ADV) for
In April the international derivatives exchanges of Eurex Group recorded an average daily volume of 8.7 million contracts, down from 9.8 million contracts in April 2013. Of those, 6.1 million were Eurex Exchange contracts (April 2013: 7.1 million), and 2.6
BNY Mellon Asset Servicing, the global leader in investment servicing, has been appointed by Barclays Wealth Funds Limited to provide transfer agency and fund accounting services to UK-domiciled assets valued at GBP4bn (USD6.4 million). The new mandate builds on
Instinet has launched a Instinet BLX Australia, a new dark liquidity pool for Australian equities, the company said on Wednesday. BLX, which already operates in the US and Canada, aggregates multiple orders from both buy- and sell-side participants and consolidates
Hedge funds are continuing to develop risk management practices that fit the needs of investors and fund managers alike, according to a study from the Managed Funds Association, BNY Mellon, and HedgeMark. The study, entitled “Risk Roadmap: Hedge Funds and
April 2014 average daily volume (ADV) and total monthly volume in futures on the CBOE Volatility Index (VIX Index) and total exchange-wide at CFE were down slightly from year ago levels. Average daily volume in VIX futures was 178,167 contracts
