BNY Mellon has received regulatory approval to launch a new Issuer Central Securities Depository (CSD) entity that will offer market participants enhanced interoperability and efficiency in the global post-trade arena. BNY Mellon CSD SA/NV will offer issuer, settlement and safekeeping
NYSE Euronext global derivatives average daily volume (ADV) in March 2013 of 8.1 million contracts was in line with March 2012, and represented a decrease of 7.8 per cent from February 2013 levels. NYSE Euronext European derivatives products ADV
Montanaro Asset Management, a London based asset manager, has implemented Charles River’s Investment Book of Record (IBOR) to provide portfolio managers and traders with up to date position and cash information in the Charles River Investment Management Solution (Charles River IMS).
CBOE Futures Exchange plans to expand CBOE Volatility Index (VIX index) futures trading hours – currently 7:00 am CT to 3:15 pm CT – in two phases, beginning in May. The first phase of expanded trading hours is designed
Morgan Stanley has cleared over-the-counter interest rate swap transactions for clients of the firm at the Chicago Mercantile Exchange. Trades were cleared on the first day of operation of the CME Clearing service for interest rate swaps. This follows the
FIX Protocol Ltd (FPL), a non-profit, industry standards organisation for the global electronic trading community, has published recommended best practices and accompanying implementation guidelines for the electronic trading of bonds. These recommendations will enable bond market participants to benefit from
A brisk month of trading on the secondary market saw investors move funds in all available asset classes, according to Hedgebay’s Global Hedge Fund Secondary Market Index, with private equity and credit strategies particularly popular. The diversification of trading in
In March 2013, the international derivatives exchanges of Eurex Group recorded an average daily volume of 9.7 million contracts, down from 10.1 million contracts in March 2012. Of those, 7.3 million were Eurex Exchange contracts (March 2012: 7.4 million),
March 2013 was the third consecutive month in which total volume in futures on the CBOE Volatility Index (VIX) and total exchange-wide trading reached new all-time highs. A record 3,220,977 VIX futures contracts traded during March, exceeding the 3,062,344
Itiviti, a global provider of multi-asset trading technology and financial infrastructure, today announced that India-based brokerage firm Edelweiss Securities Limited (ESL) has deployed Itiviti’s client connectivity and trading solution to support its algorithmic trading business. ESL made the decision to
