MarketAxess Holdings Inc, the operator of an electronic trading platform for US and European high‐grade corporate bonds, emerging markets bonds and other types of fixed‐income securities, has received authorisation from the Comissão de Valores Mobiliários – CVM (Securities and Exchange
The National Futures Association (NFA) has begun accepting applications from swap dealers (SDs) and major swap participants (MSPs) pursuant to the recent final registration rules and delegation of authority order that were approved by the Commodity Futures Trading Commission (CFTC)
Following a 1.50% drop in October, managed futures gained 0.11% in November according to the Barclay CTA Index compiled by BarclayHedge. Year-to-date, the Index remains down 3.09%. “In spite of a gut-wrenching reversal from risk-off to risk-on in the last
Aquis Exchange, the proposed pan-European equities trading exchange, has entered into agreements with EMCF, LCH.Clearnet and SIX x-clear for them to provide it with central counterparty (CCP) services. Aquis Exchange is set to introduce subscription pricing for European stock
Altegris Clearing Solutions has added BofA Merrill Lynch’s futures and options and OTC clearing unit to the roster of futures clearing firms with which it maintains introducing relationships. BofA Merrill Lynch is the eighth leading futures commission merchant (FCM)
June proved difficult for CTA strategies, according to Newedge’s monthly performance data for its suite of hedge fund indices. "Risk-on" movements in the first three weeks and final days of June hurt CTA positions, which were generally structured to benefit
By Anthony Masso, CEO, Succession Systems – The SEC Enforcement Order against Knight Capital calls for Brokers to institute fully automated ‘lock downs’, prohibiting orders from entering the market if risk thresholds are reached. Called ‘kill switches’, are you aware
Melanion Capital, the first alternative manager to specialise in investment in dividend futures, has welcomed the announcement from Eurex of record volumes in the exchange’s dividend-based derivatives segment. According to Eurex, September’s monthly trading was a record high of
Financial information services company Markit has been selected by members of the Asia Securities Industry and Financial Markets Association (ASIFMA) to provide an online solution to facilitate compliance with Hong Kong’s Securities and Futures Commission’s (SFC) new electronic trading rules.
Chicago Board Options Exchange has created a new benchmark volatility index – the CBOE Mid-Term Volatility Index (VXMT). The index is a measure of the expected volatility of the S&P 500 Index over a six-month time horizon. The index
