Former BofA director joins Broadridge to oversee derivatives clearing product management
New global product manager of derivatives clearing previously spent 30 years at Bank of America.
Derivatives
LSEG to shutter derivatives exchange CurveGlobal after just five years
The derivatives exchange will cease trading of all instruments on 18 January next year following an ongoing unsuccessful period.
BNP Paribas and Standard Chartered among first to support new CME sustainable clearing service
As a market first, CME’s new sustainable clearing service will allow participants to track whether their hedging strategies are achieving their sustainability goals.
CME to launch E-mini Russell 2000 Monday and Wednesday options
New weekly options contracts will increase precision, adding more granularity to trading strategies, allowing Russell 2000 Index exposure to be more fine-tuned, said the exchange.
ION expands derivatives business with Clarus Financial Technology acquisition
Acquisition of Clarus will expand ION's post-trade clearing and settlement platform and complement its margin pricing and valuation service.
BMO partners with start-up to deploy AI for derivatives structured note pricing
The partnership between BMO and Riskfuel Analytics builds on a previous pilot project where the pair also developed a solution to speed up autocallable notes.
Cboe collaborates with SmartStream for newly launched European derivatives exchange
SmartStream’s reference data utility (RDU) has made Cboe Europe’s data available to its clients following its launch on 6 September.
Euronext expands Eurozone Banks Index derivatives suite
The new option contract will beat competitors’ offerings with stronger financial advantages, the exchange operator claimed.
Nasdaq to support Abu Dhabi Securities Exchange derivatives market launch
The US exchange has signed an agreement to deliver marketplace matching, clearing and settlement technology solutions to support the launch.
ICE to launch micro MSCI index futures
The launch of Micro MSCI USA and Europe Index Futures follows an extension of MSCI and ICE’s partnership to support their expansion into Asia Pacific.