NYSE Technologies, the commercial technology unit of NYSE Euronext, has announced the availability of OTC Markets Group as a new destination on the Secure Financial Transaction Infrastructure (SFTI® network.  As one of the industry’s fastest, most resilient electronic message transmission networks, SFTI provides customers with highly reliable access to the financial markets and market participants through a single point of access. This service is being rolled out across all SFTI Americas locations, allowing customers to access OTC Markets Group’s market data for the 10,000+ securities traded on OTC Markets’ OTC Link platform. 

OTC Markets Group is the latest addition to the

High frequency trading (HFT) strategies are rapidly being adopted in the FX asset class, with Celent estimating that 28% of volumes are executed through HFT, and HFT volumes are split across the interdealer and dealer-to-client segments. This is driving more firms to adopt HFT strategies, because spot is a preferred instrument of trade for the nonbank financial segment. High frequency trading volumes in the foreign exchange asset class have been growing constantly over the past few years. This growth is primarily due to technological advances in foreign exchange trading, which have not only driven the cost of technology down but

JP Morgan’s active tri-party repo clients have successfully completed the transition to three-way trade confirmation as mandated by the Tri-Party Repo Market Infrastructure Reform Task Force. By value, 99% of all tri-party repos booked daily through JP Morgan are now confirmed by both counterparties. According to Kelly Mathieson (pictured), Worldwide Securities Services Global Custody and Clearance Executive at JP Morgan: “This milestone reflects the concerted efforts of our whole community. JP Morgan has worked daily with dealers and cash investors in its tri-party repo program to familiarize them with our new tools and procedures and ensure their smooth transition to three-way

NYSE Euronext (NYX) has launched the CAC International 25 Index to increase the visibility of global firms listed in Paris. The CAC International 25 Index reflects the performance of the 25 largest international companies[1] listed on NYSE Euronext in Paris based on total market capitalizations and local trading volumes. Index constituents are equally weighted.   This new index is calculated and published at the end of each trading day after the market closes. The CAC International 25 Index will be revised annually in September and rebalanced four times a year in March, June, September, and December.              “We are very

Concerns about new regulations did not do much to slow institutional activity in flow equity derivatives last year, but a lack of conviction on the part of equity investors kept a lid on trading volumes. While US institutions entered the second half of 2011 expecting a pickup in trading volumes in the months to come, it remains to be seen how the recent market volatility will affect equity derivatives trading volumes.   More than a third of US institutions participating in the Greenwich Associates 2011 North American Equity Derivatives study say they expect to increase their use of flow equity

NYSE Euronext has reported significantly increased trading volumes year-on-year across all venues, but mostly down sequentially from unseasonally strong levels in August 2011, which were driven by heightened market volatility in the US and Europe.    NYSE Euronext global derivatives ADV in September 2011 of 9.5 million contracts increased 23.2% compared to September 2010, but decreased 8.4% from elevated August 2011 levels.  NYSE Euronext European derivatives products ADV in September 2011 of 4.8 million contracts increased 13.5% compared to September 2010 and increased 7.0% from August 2011 levels.  Excluding Bclear, NYSE Liffe’s trade administration and clearing service for OTC products,

Order book turnover on Xetra and the Xetra Frankfurt specialist trading stood at EUR131.6 billion in September – an increase by 26.7 per cent year-on-year (September 2010: EUR103.8 billion). Of the EUR131.6 billion, EUR126.1 billion were attributable to Xetra (+28 per cent y-o-y, September 2010: EUR98.3 billion). EUR5.5 billion were attributable to the Xetra Frankfurt specialist trading, an small increase y-o-y (September 2010: EUR5.4 billion). Order book turnover on Tradegate Exchange* totalled EUR2.9 billion in September. In equities, turnover reached EUR108.4 billion on Deutsche Börse’s cash markets (Xetra: EUR106.2 billion, Xetra Frankfurt specialist trading: EUR2.2 billion). Turnover in bonds was

In the first month of trading the AAM Mantis Program returned 2.49%, despite global economic problems. Whilst Portfolio manager Stavros Loizou’s mandate allows him to take long and short positions in Equity Indices, Bonds and FX, the Mantis’ return in September came solely from long positions in individual equities. This impressive fact proves that an aggressive sell-off can present appealing opportunities; and Stavros’ over 20 years of trading experience has helped him spot them. Loizou says: “Starting a new Program in the midst of a financial meltdown can sometimes be disconcerting. However, this is more the case for long term