NYSE Liffe’s FTSE 100 Dividend Index futures contract has traded its millionth contract. The contract, which was launched in May last year, is available both through Liffe Connect and Bclear, the exchange’s trade administration and clearing service. NYSE Liffe launched
Convergex has become the first financial institution to establish a new ADR Depositary for the marketplace in almost 20 years. In addition to trading and converting ADRs with Convergex, clients now can direct Convergex to create ADR programs for them
By Simon Broch, AlphaDealing – Arguably, the Trading Desk is at the heart of the investment manager. Why then do so many new start-ups not invest in a dedicated trading desk? The answer is twofold. Usually, the start-up PM underestimates
Global funds transaction network Calastone has appointed Cris Conde as the firm’s new Chairman of the Board. Conde will be taking up his post with immediate effect working closely alongside Julien Hammerson, the CEO, to continue the growth trajectory of
US futures exchange volumes increased sharply in September 2014, bringing year-to-date volume to 2.3 billion contracts, according to TABB Group. However, the year-to-date total is 2.5 per cent lower than the same period a year earlier. During Q3 2014,
Wednesday’s outage at the Singapore Exchange (SGX), which disrupted trading activity for several hours, was caused by a malfunction in the uninterruptible power supply (UPS) systems deployed at the SGX data centre. Power is supplied to the data centre from
Just 18 months after starting development work, Clearstream and Standard Chartered Bank have now implemented a collateral management service for Singapore. From 17 November onwards, mutual customers will be able to consolidate their assets held across both institutions into one
Bloomberg’s multi-asset swap execution facility, Bloomberg SEF LLC, has launched a List trading tool for Interest Rate Swaps (IRS). The new List tool enables market participants to improve operational efficiency by creating and sending a “basket” of swaps that can be
Euronext is planning to launch a full rapeseed derivatives solution on 14 November 2014, which will allow the industry to trade individual futures and options contracts for rapeseed grain, meal and oil. Euronext is the first exchange in the world
Eurex Exchange continues to ensure market support for its recently launched listed variance futures contract, which is based on the EURO STOXX 50, the most prominent equity index in Europe. DRW Investments, developer of the variance conversion methodology, has started
