USA news Archive

The International Swaps and Derivatives Association (ISDA) has signed up the first four firms to support its initiative to develop standardised reporting for cleared OTC derivatives. read more>

With the latest OTC derivatives clearing deadline due on Monday in the US, concerns remain that buy-side firms and third-party technology firms that serve them are not ready for the increased regulatory burden. read more>

Trading platform and technology provider MarketAxess has added live intra-day data for credit default swaps (CDS) to its BondTicker data service. read more>

US futures market Eris Exchange, one of three US exchange operators that championed swap futures last year, has reduced the notional size of the instruments by 90% ahead of next week's swap clearing mandate. read more>

US wholesale broker and market operator GFI Group has indicated an expansion of electronic trading services with the appointment of James Toffey as global head of electronic markets - a new position in the firm. read more>

Nasdaq OMX is set to implement operation performance monitoring (OPM) across its US platforms. read more>

The International Swaps and Derivatives Association has voiced disagreement with recent rules that dictate a minimum number of quotes market participants must seek when trading on new swap execution facilities. read more>

Brokerage and trading services provider ConvergEx has upgraded the infrastructure behind its US alternative trading system (ATS) Millennium ATS, claiming to have reduced latency by 75%. read more>

Over half of asset managers do not agree that sales traders understand their business and how they generate alpha, according to research from US consultancy Woodbine Associates. read more>

Barclays has confirmed it will continue reporting monthly aggregate data from its US dark pool LX citing the industry benefits of greater transparency, a month after rival dark pool operator Credit Suisse ceased relaying similar data. read more>