News Archive

May 02, 2013

ASX to launch client clearing service for OTC derivatives

ASX, the owner of the Australian Securities Exchange, has announced plans to launch by the end of 2013 both a clearing service for OTC derivatives and a collateral management service. read more>

May 02, 2013

Derivatives interest building across Asia, reckons NYSE Liffe

Demand among Asian customers for sophisticated derivatives products is building steadily, as reflected by growing membership of NYSE Liffe. read more>

May 02, 2013

Direct Edge offers new incentive to high-volume users

US exchange operator Direct Edge has released its latest incentive for high-frequency trading by offering active market participants a reduced fee to remove and route shares. read more>

May 02, 2013

Buy-side needs automated systems for swap clearing – TABB

Institutional investors risk higher margin requirements if they cannot eliminate errors when communicating swap transaction data to clearing houses, according to a new report from TABB Group. read more>

May 02, 2013

Irish aim to tackle twin hurdles to MiFID consensus

Rules on dark pools and post-trade competition are the remaining barriers to agreement on MiFID II by members of the Council of the European Union ahead the EcoFin meeting scheduled by the Irish Presidency for 14 May. read more>

May 02, 2013

SEC plans ‘robust and workable’ roadmap for cross-border swaps

SEC plans ‘robust and workable’ roadmap for cross-border swaps

The US Securities and Exchange Commission yesterday unveiled its new framework for cross-border swaps, with chairman Mary Jo White claiming that its ‘substituted compliance’ approach would reduce the regulatory complexity faced by global market participants. read more>

May 01, 2013

Thai launch marks Liquidnet’s tenth market in Asia

Thai launch marks Liquidnet’s tenth market in Asia

Liquidnet has launched Thai stocks on its platform, following hot on the heels of the buy-side block crossing provider's recent expansion into Indonesia, Malaysia and the Philippines. read more>

May 01, 2013

Japan’s domestic exchange increases market share as volumes spike

Equity turnover rose in Japan during April to US$854.89 billion for the month, compared to US$587.95 billion during March, with the incumbent exchange faring better than alternative venues. One year ago, in April 2012, total turnover within Japan's markets was $316.2 billion. read more>

May 01, 2013

CFTC to address systemic risks, moots ‘guidebook’ on swaps data

CFTC to address systemic risks, moots ‘guidebook’ on swaps data

The Commodity Futures Trading Commission (CFTC) is to lay out its plans to bolster the stability of US derivatives markets with the publication of a concept release before the end of June. read more>

May 01, 2013

BNPP hails new dawn of fully outsourced dealing desks

BNPP hails new dawn of fully outsourced dealing desks

A service launched this week that lets UK asset managers outsource trading is a natural, yet significant progression and will be vital for smaller buy-side firms to keep apace with technology and regulatory change, an executive leading the service believes. read more>