Disagreements between UK and German ministers at the Council of the European Union's Economic and Financial Affairs Council have put paid to hopes that the European market infrastructure regulation might be approved before Q4 2011.
Mitsubishi UFJ Morgan Stanley Securities has selected financial technology services provider Orc Group's trading solution to enhance its options market making operations on Japan's Osaka Securities Exchange.
RTS Clearing Center, the clearing house for market and infrastructure operator the Russian Trading System, has begun to accept US dollars as collateral for trades on its Futures and Options on Russian Trading System, the RTS Standard markets and within the RTS Money service.
BNY Mellon, the investment management and securities servicing firm, has launched BNY Mellon Clearing International, a derivatives clearing services provider for buy- and sell-side institutions in Europe, the Middle East and Africa.
LCH.Clearnet, the pan-European central counterparty, has said that it will continue to serve NYSE Euronext's European securities and derivatives markets after November 2012.
US derivatives regulator the Commodity and Futures Trading Commission has voted to delay the effective date of new US derivatives rules introduced by the Dodd-Frank Act until 31 December 2011.
SwapClear, the OTC derivatives clearing business of Anglo-French clearing house LCH.Clearnet – an acquisition target of exchange group NYSE Euronext – has signed up US bank Wells Fargo and introduced a new onboarding solution.
Rapid growth of the Asia Pacific exchange-traded funds market has given rise to the need for algorithmic trading tools that enable institutional investors to access the ETF market efficiently and enhance the liquidity of these instruments.
Nanhua Futures, a China-based futures company, has selected technology provider SunGard's Global Network to facilitate access to its international clients' order flow.