MarketAxess has reported total monthly trading volume for May 2013 of USD62.5bn on its electronic trading platform. The total consists of USD39.0bn in US high-grade volume, USD15.8bn in other credit volume, and USD7.7bn in liquid products volume. Monthly
Active Alpha, the Switzerland-based trading-oriented equity long/short manager, has successfully continued delivering strong and uncorrelated performance since going independent six months ago. “The rationale behind Active Alpha becoming an independent boutique was convincing in many ways, but most importantly, it
NYSE Euronext (NYSE: NYX) has received an unsolicited proposal from Nasdaq OMX Group, Inc (Nasdaq: NDAQ) and IntercontinentalExchange Inc. (NYSE: ICE) to acquire all outstanding shares of NYSE Euronext for a combination of USD14.24 in cash, 0.4069 shares of Nasdaq
BNY Mellon has created a new company to clear futures and derivatives trades on behalf of institutional clients in Europe, Middle East and Africa. Headquartered in Dublin, the business, BNY Mellon Clearing International Limited (BNYMCIL) is the first MiFID authorised futures and
In March 2011, the international derivatives exchanges of Eurex Group recorded an average daily volume of 11.8 million contracts (March 2010: 10.0 million). Of those, 8.7 million were Eurex Exchange contracts (March 2010: 7.1 million), and 3.1 million contracts (March
The international derivatives exchange Eurex will offer futures contracts based on particular dividends of individual shares from 11 January 2010. Eurex will launch dividend futures on the constituents of the Dow Jones Euro Stoxx 50. Following the introduction of the
Aquis Exchange, the proposed pan European stock exchange, plans to establish its primary data centre at the Equinix LD4 International Business Exchange (IBX) data centre inside the Equinix London Slough campus. Aquis Exchange, which will launch pending approval by
Eurex’s KOSPI Product exceeded the 1 million traded contracts threshold last Thursday, 12 May, for the first time since its launch on 30 August 2010. Monthly trading volume has been increasing steadily, reaching more than 147,000 contracts in the
LCH.Clearnet and Australia’s Financial and Energy Exchange Group (FEX), have agreed initial terms for LCH.Clearnet to provide clearing for the FEX Exchange Traded Derivatives Market, subject to regulatory approval. LCH.Clearnet will clear energy, commodity and environmental derivatives listed on FEX. Participants
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
