CME Group has launched options on ether futures. These new contracts deliver one ether futures, sized at 50 ether per contract, and based on the CME CF Ether-Dollar Reference Rate, which serves as a once-a-day reference rate of the US dollar price of ether. “As market participants anticipate the upcoming Ethereum Merge, a potentially game-changing update of one of the largest cryptocurrency networks, interest in Ether derivatives is surging,” said Tim McCourt, Global Head of Equity and FX Products, CME Group. “The launch of our new Ether options contracts is particularly well-timed to provide the crypto community with another important

Cryptocurrency exchange KuCoin has partnered with Talos, a provider of institutional digital asset trading technology. The partnership will allow KuCoin to streamline institutional access to digital assets and further expand the capabilities of its user base. 

Beeks Group has launched a new offering combining its on-demand compute service with ICE Global Network’s (IGN) hosting and data access capabilities to offer clients an end-to-end solution. IGN is part of ICE Data Services, a division of Intercontinental Exchange (NYSE: ICE). The successful collaboration between IGN, which provides high quality content, delivery and execution services through an ultra-secure, highly resilient network, and Beeks Group’s Exchange Cloud provides a pre-integrated market-leading solution with security at the forefront. IGN can now deliver additional value to their clients with Beeks Group’s Exchange Cloud infrastructure, compute and analytics offering private cloud services at

Acadia, a provider of integrated risk management services for the derivatives community, has nboarded over 1,000 counterparty groups covered by Phase 6 of the Initial Margin (IM) rollout of Uncleared Margin Rules (UMR) onto its AcadiaPlus platform. Nearly 900 firms are actively monitoring their regulatory IM exposure and set up for Acadia’s IM Threshold Monitor (IMTM). Over 200 firms have signed up for IM Exposure Manager (IMEM) for the calculation and reconciliation of IM exposure, leveraging either the ISDA SIMM or schedule method. Acadia expects these firms will go live over the next 90 days, with over 50 of these

Apex Group has acquired Prometa Fund Support Services Inc (Prometa), a Canada-based provider of fund services to clients in Canada, the United States, and Bermuda, including hedge funds, LSVCCs and mortgage investment corporations.  Prometa administers over $28 billion in assets for approximately 50 fund companies representing more than 180 funds and approximately 225,000 individual investors.   The acquisition of Prometa will strengthen Apex Group’s presence in the Canada, adding 16 employees based in Winnipeg, supplementing the Group’s existing offices in Toronto, Ontario and increasing its overall Americas headcount to over 1,000 people. In addition to the acquisition of Prometa, Apex

Invast Global has selected oneZero, a specialist in multi-asset enterprise trading technology solutions, for its core trading technology needs across the firm’s global institutional business replacing several incumbent systems. As a multi-asset provider of prime services to brokers, hedge funds, proprietary trading firms and banks, Invast Global offers trading solutions for a wide variety of institutional market participants and sophisticated financial services clients. The oneZero solution now handles the complexities of an institutional business that delivers services via servers in London, New York and Tokyo, while adding reporting sophistication that helps to set their trading and hedging strategies for competitive

Acuity Trading has launched a newt online trading tool and broker offering, AssetIQ, a centralised multi-asset research experience, bringing together fundamental, technical, sentiment and alternative data viewpoints in a bid to deliver a deeper understanding of what is driving individual asset performance. AssetIQ goes beyond data visualisation by utilising Acuity’s AI technology to analyse these multiple, disparate data sets to deliver a single and concise Opportunity Score for every asset. Each Opportunity Score is ranked against other assets in the same group or class so traders can understand the strength of the opportunities presented.    This multi-indicator is aimed at

Cboe Global Markets is to launch the Cboe One Canada Feed, a new real-time market data solution that provides high-quality Canadian equities reference quote and trade information, on 12 September. Through a single consolidated feed, the feed will offer a complete and comprehensive view into the Canadian market with coverage of all Canadian stocks and exchange-traded products.   The Cboe One Canada Feed is Cboe’s first Canadian data offering following the company’s recent expansion into the country with its acquisitions of NEO, a Toronto-based stock exchange operator, and MATCHNow, Canada’s largest equities alternative trading system (ATS). The new data offering

Prime Trading, a privately held, proprietary trading firm, has partnered with Iress to improve its data quality whilst reducing API data latency and costs. Previously, during peak moments of market volatility, Prime Trading experienced latency issues and network constraints as it consumed tick by tick market data.  By implementing Iress’ API Data and Trading solution, Prime Trading has improved data accuracy, reliability and executability, as well as a significant reduction in network burden. In addition, Iress’ global, multi-vendor network ensured a straightforward and speedy integration to Prime’s third party order and execution management system. Iress’ BBO (best-bid-offer) from its premium