MarketAxess, the operator of an electronic trading platform for fixed income securities and the provider of market data and post-trade services for the global fixed income markets, has reported total monthly trading volume for June 2013 of USD68.6bn. The
June 2013 was the most active trading month for futures on the CBOE Volatility Index (VIX) in exchange history. New records for total trading volume and average daily volume (ADV) were set during the month and for the second
The ICAP Securities & Derivatives Exchange (ISDX) has launched new admissions criteria for companies wanting to apply for admission to the ISDX Growth Market. The ISDX Growth Market is a venue for small and medium sized companies seeking to
Monarch Capital Management has joined the Deutsche Bank Global Markets FXSelect Currency Managers platform and related structured currency products.
Tarpon Trading a global macro foreign exchange manager, has launched its currency trading programme on the Horton Point incubation platform. Tarpon is run by J Stephen Theall, a 20-year veteran of quant FX and global macro trading at such
Depleted wallets, order allocation, CSA and algo trends, regulations and top brokers point to similarities between the US and European markets, but wallets and regulation will cause divergence, says Miranda Mizen, TABB’s director of equities research. Lower volumes have hit
NYMEX has announced a number of margin changes for its natural gas and gas-related futures contracts.
Citi is launching a new product quoting UK natural gas contracts denominated in euros rather than British pounds. The product, aimed at European counterparties active in the UK and continental gas and power markets, is designed to reduce the cost
London-based investment management platform, PCE Investors Limited (PCE), has added the Carbon Trading Fund Ltd to its platform.
Orc, a provider of technology and services for the financial industry, has launched Orc Flow Control, a new solution for managing and monitoring pre-trade risk. Orc Flow Control is designed to help brokers enhance their DMA offerings; and for banks
