India’s NSE overtakes CME Group as largest derivatives exchange globally
The NSE of India traded 6 billion contracts in 2019, up 58% from the year prior, compared to 4.83 billion contracts traded at CME Group.
News
Charles River IMS integrates with ChartIQ for data visualisation
ChartIQ software will provide traders using the Charles River IMS with greater insights into trading decisions.
Industry urged to accelerate Libor transition this year
Despite Libor being due to cease at the end of 2021, UK authorities have set out a timeline for the shift to the Sonia benchmark throughout this year.
Barclays to distribute bond liquidity metrics with FactSet
Barclays will distribute its Liquidity Cost Score bond metrics on the Open: FactSet Marketplace.
Horizon Software introduces upgraded equity derivatives EOMS for sell-side
Global head of client services at Horizon, Vincent Dumontoy, says the new EOMS system is unique to the options market.
LSEG’s futures exchange CurveGlobal appoints new sales head for US expansion
Robert Grillo joins CurveGlobal after a two-year hiatus as head of business development for the Americas.
Trad-X launches dealer-to-client electronic CLOB platform
The swaps MTF central limit order book from Trad-X provides real-time executable pricing and live updates on a range of swaps.
BlackRock looks to make Aladdin the ‘language of portfolios’
Larry Fink tells investors that BlackRock will use the eFront platform to add ‘sustainability sleeves’ to the Aladdin system.
Virtu Financial speeds up POSIT Alert and shifts to bilateral matching
Virtu’s POSIT Alert system was deemed slow compared to other blotter scraping tools, as the firm moves to 1:1 matching and significantly reduced latencies.
DASH launches new trading system for US listed options smart routing
The new system allows for automated RFQ trading and it has been designed to tackle liquidity seeking challenges in US listed options.