Bank of America Merrill Lynch has launched two new algorithmic strategies for futures as it seeks to capitalise on growing listed derivatives volumes and a new regulatory environment.
Citi has begun a major revamp of its exchange-traded derivatives business in a bid to enhance electronic trading capabilities and prepare for the introduction of new venues designed for trading over-the-counter derivatives.
China’s derivatives markets are still a closed shop for many foreign investors despite gradual shifts in the local regulatory regime, which have seen access to stock index futures broaden in contrast to continued restrictions on non-domestic commodities trading.
Agency broker and trading technology provider ITG has launched a new series of algorithms for futures trading in an effort to expand its multi-asset class offering.
Buy-side firms will suffer increased collateral management and margin requirements under the US Dodd-Frank Act's OTC derivatives reforms, claims analyst firm Celent.
European finance ministers yesterday agreed a common position on the European markets infrastructure regulation that fosters competition in the over-the-counter derivatives market, but rules out an extension of the regulation to listed derivatives.
Leading financial markets trade associations have written to the European Commission expressing concern at the potential for a lack of clearing choice following the introduction of the European markets infrastructure regulation.
A partnership between pan-European equities trading platform Chi-X Europe and indices provider Russell Indexes has borne fruit with the launch of the Chi-X Europe Russell Index (CHERI) series.
Market participants and clearing infrastructures will have to adapt to near real-time clearing of OTC derivatives within the next three to five years, according to a study by financial research consultancy TABB Group.
Exchange-traded funds have once more been thrust into the spotlight by the arrest earlier this month in London of Kweku Adoboli, an ETF trader at UBS, who allegedly hid his $2.3 billion in losses using fake positions. But what of Asian ETFs?