The Commodity Futures Trading Commission’s (CFTC’s) Office of General Counsel has issued a no-action letter on June 28, 2011, permitting the offer and sale in the United States of Bursa Malaysia Derivatives Berhad’s futures contract based on the FTSE Kuala
JP Morgan has electronically executed and cleared credit default swap (CDS) and interest-rate swap (IRS) trades on Bloomberg’s Fixed Income Electronic Trading platform (FIT). Listed equity option trades were also executed on Bloomberg’s Execution Management system (EMSX). The trades
Abel/Noser has re-launched its monthly liquidity analysis that provides investors with trading information. Going forward, this report will be made available 10 days after the end of the month and will outline the top 20 liquidity figures for the
Accelize and Enyx have launched a fully integrated, FPGA contained trading platform aimed at financial firms looking for high performance trading solutions. The platform enables unparalleled tick-to-trade latency by integrating every element of the trading flow into a single
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. “Canada’s equity landscape will soon change dramatically. With CX2, we hope to
HedgeMark Risk Analytics has introduced a new risk reporting solution for hedge fund managers designed to meet all current industry requirements as defined by Open Protocol Enabling Risk Aggregation standards (OPERA). "We have seen increased demand for our risk
UBS has launched a new business area called UBS Quant HQ, focused specifically on the unique requirements of the systematic, or quantitative, trader. Organised as a global joint venture between the firm’s prime services and direct execution businesses, Quant HQ
MarketAxess Holdings has launched electronic trading for preferred stocks and consumer-based asset-backed securities (ABS) on its award-winning e-trading platform. MarketAxess is the first electronic fixed-income marketplace to offer trading of preferred stocks for institutional investors, with liquidity provided by
The Over-the-Counter (OTC) Derivatives Regulators Group (ODRG) has issued a report that identifies the current list of remaining cross-border implementation issues related to global reform of OTC derivatives markets. The ODRG is made up of authorities with responsibility for the
Algorithmics, a provider of enterprise risk solutions, has launched Algo Strategic Business Planning, a product that provides a banks’ senior management with a comprehensive view of their operations, and the ability to stress, forecast and optimise over a range of
