Solutions
BidFX, a cloud-based provider of electronic foreign exchange trading solutions, is introducing support for FX clearing to investment managers via OSTTRA’s clearing connectivity service.
Integration with OSTTRA’s clearing connectivity solution provides Bid FX clients with the ability to submit trades directly to leading CCPs. Participants trading on BidFX can benefit from having their FX NDF trades submitted directly for clearing, at multiple CCPs, without the need to build out direct clearing connectivity. BidFX clients wishing to clear trades will immediately benefit from an established community of more than 30 executing bank clearing counterparties
With the implementation of phase six of
Derivatives marketplace FuturesCME Group is to launch the CBL Core Global Emissions Offset (C-GEO) futures on 7 March, 2022, pending all relevant regulatory reviews.
CBL C-GEO futures are intended to align with the Core Carbon Principles, an emerging set of transparent and consistent standards around the supply of carbon credits to be overseen by the Integrity Council for the Voluntary Carbon Markets.
CBL C-GEO futures complement CBL GEO and N-GEO futures, which launched last year. In 2021, over 57 million tons of CO2 equivalent were traded between the two contracts, with over 6.5 million offsets delivered through seven successful
Refinitiv has launched Refinitiv AI Alerts, a market-data powered intelligent assistant available in Microsoft Teams.
OptionMetrics, an options database and analytics provider for institutional investors and academic researchers worldwide, implementing new options implied methodology, offering even greater accuracy in options calculations in the US, Europe, Asia Pacific.
OptionMetrics replaces the zero curve (used by other providers) with its implied yield curve, constructed with a term structure of overnight rates and implied risk-free rates from options on major indices, for more accurate implied volatility, forward price, index dividend, and borrow rate calculations.
In leveraging data from index options, OptionMetrics more accurately reflects costs of borrowing and lending in options markets. The methodology reduces implied volatility
Accern, a no-code artificial intelligence (AI) platform for financial services, has formed a new strategic partnership with LPA, a software and consulting firm focused on technology for the capital markets.
The partnership will drive additional growth for both firms by combining LPA’s deep capital markets expertise with Accern’s platform, driving the adoption of AI-powered investment research among clients in North America, Europe, and Asia.
LPA provides technical innovations and consulting services for the capital markets industry, which optimise processes and ensure regulatory compliance. The partnership strategically aligns the long-term missions of both companies, aligning Accern’s approach to AI technology
Piper Sandler Companies has completed the acquisition of macro research firm Cornerstone Macro.
Cornerstone Macro’s senior research analysts connect macro insights from around the world to deliver a comprehensive overview of important global trends. Cornerstone Macro will continue providing its as Piper Sandler & Co’s macro research team, led by Nancy Lazar, Andy Laperriere, Roberto Perli and Michael Kantrowitz.
Cornerstone Macro’s research and equity derivatives trading team is an ideal complement to Piper Sandler’s single stock coverage platform, with over 1,000 companies covered and ranking No1 in total names under coverage in the small & mid-cap category.
big xyt, an independent provider of smart data and analytics solutions to the global trading and investment community, has launched the Global Exchanges Directory, an interactive web portal providing key information on 97 worldwide stock exchanges and alternative trading venues in seven regional categories.
Designed to address the problem of ever increasing complexity for market professionals who regularly use the global markets, the Global Exchanges Directory helps traders and others working in the financial markets to better understand the local market structure. They can easily navigate the mosaic of different time zones, trading calendars and market timings that they need
The CFA Society of the UK (CFA UK) has launched a new qualification, the Certificate in Climate and Investing (CCI).
Avelacom, a low latency connectivity, IT infrastructure and data solutions provider for global financial markets, has deployed its point-of-presence (PoP) at Bursa Malaysia to extend its network footprint into the country’s capital markets.