Morgan Stanley and LBBW have cleared the first €STR derivatives referencing the new interest rate benchmark.
The FCA has disputed a peer assessment that its analysis and integration of EMIR data in its supervisory approach is not meeting expectations.
ICE confirmed plans to acquire the MOVE index from Bank of America Merrill Lynch in August this year.
Foreign exchange EMS platform BidFX has expanded number of algo providers with RBC in response to client demand.
Justin Gmelich retired from Goldman Sachs earlier this year after 20 years with the investment bank.
Following the launch of ForexClear’s deliverable FX options clearing service last year, LCH is now clearing FX forwards.
David Solomon, CEO of Goldman Sachs, says zero commission trading for institutional investors is unlikely, but acknowledged pressures on commission rates.
Eurex extends partnership with MSCI to launch index futures for dividend exposure.
The LSEG cross-border initiative, known as the Global Equity Segment, aims to use London as a global trading bridge between Asia and the Americas.
CME Group market data will be accessible to clients next month via the Google Cloud Platform.