The LME Board is making a number of amendments to its Exchange User Fee on the back of points raised by members. The new fee will now not apply to short-dated carries (anything from Tom to 15 days inclusive), which
More than 120 buy-side firms signed with EurexOTC Clear, Eurex Clearing’s central counterparty service for Interest Rate Swap (IRS), by the end of 2013. In addition, a total of 32 clearing members including all major global sell-side banks are connected.
NYSE Euronext’s global derivatives average daily volume (ADV) of 8.8 million contracts in June 2011 represents an increase of 8.0% versus the prior year driven by a 19.7% increase in US options ADV and a 14.3% increase in European fixed
BATS Chi-X Europe has added several new customers to BXTR, the exchange’s suite of on- and off-exchange trade reporting services. The service, which covers more than 11,800 reportable securities, has captured significant market share since its launch in November 2013,
Order book turnover on Xetra and the Xetra Frankfurt specialist trading stood at EUR181.6 billion in August – an increase by 102 per cent year-on-year (August 2010: EUR89.7 billion). Of the EUR181.6 billion, EUR173.4 billion were attributable to Xetra (+107
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
