Eurex Clearing, the central counterparty operated by German exchange Deutsche Börse, has announced further details of a new service that protects buy-side firms in the event of clearing member default.
Korean brokerage Samsung Securities has joined technology firm Orc Group's ExNet broker connectivity network, to meet demand from US and European high-frequency traders for access to the Korea Exchange.
Market operator Hong Kong Exchanges and Clearing has entered into talks with China's Shanghai and Shenzhen stock exchanges about a potential joint venture to develop index and equity derivative products.
Reforms to the US and European OTC derivatives markets will cause data levels to surge as much as 400% above current levels, forcing market participants to spend US$3.4 billion in 2011 on clearing and back office technology, according to a report by TABB Group.
Singapore Exchange has added BNP Paribas Securities (Singapore) as a trading member of its derivatives market and has reported strong performance in trading activity during the last month.
CME Group, the US-based derivatives market operator, has implemented a routing agreement with the Mexican Derivatives Exchange that allows US-based investors to trade Mexican futures contracts.
The risks of giving central counterparties open access to derivatives trading venues must be properly managed to ensure the safety of financial markets infrastructures, the International Swaps and Derivatives Association has warned.
The first foreign securities to be traded in Japan using the Japanese Depositary Receipt scheme will be listed on the Tokyo Stock Exchange on 23 August.