Euronext to migrate Oslo Børs markets to Optiq platform after derivatives migration
Following the migration of the derivatives market to Optiq, Euronext plans to shift Oslo Børs markets to the new trading system next year.
Derivatives
European derivatives market valued at €735 trillion
Interest rate derivatives accounted for 76% of the market in Europe during 2018, according to an annual report from ESMA.
Eurex launches EUR fixed income ETF options
Eurex has launched EUR fixed income ETF options after launching USD fixed income ETF options in 2017.
Derivatives brokers eye switch to new trading systems by 2021
Acuiti study finds nearly one-third of derivatives firms planning to adopt new front-office technology provider in the next two years.
LCH hits $1 trillion mark in cleared SOFR swaps for 2019
LCH SwapClear said it is the first clearing house to offer swaps benchmarked to the secured overnight financing rate (SOFR).
Major banks trade first €STR swaps cleared at Eurex
Eurex Clearing is the latest CCP to clear swaps trades referencing the euro short-term interest rate €STR.
JP Morgan automates derivatives margin payments with DLT
JP Morgan has developed a DLT-based system to speed-up and automate post-trade margin payments.
Citi launches new calculation tool for uncleared margin rules
Citi has leveraged the ISDA SIMM model to launch a new regulatory margin calculation service for buy-side firms that come into scope from 2020 and 2021.
HFT Tower Research Capital in $67 million settlement for spoofing futures
Tower Research Capital will pay the largest settlement to date for a spoofing scheme which resulted in $33 million in market losses.
Bank of America and Citi execute first African NDF with EBS
CME Group’s EBS platform has expanded available NDFs with launch of African currency pairs following increased client demand.