Derivatives

SGX adds eight new ADRs for Chinese, Japanese and Korean firms

Singapore Exchange will add eight more American depository receipts to its GlobalQuote board on 18 May. All the ADRs are fungible with those listed in the US and allow investors to manage their exposure to these companies outside of US trading hours.

European equity volatility ETF launches on Deutsche Börse

Bank of America Merrill Lynch has partnered with ETF Securities, a specialist issuer of exchange-traded products, to launch its IVSTOXX ETF, the first exchange traded fund linked to European equity volatility, on Deutsche Börse.

UBS launches new US options algos

UBS Investment Bank has launched a new suite of algorithms and tactical order types for trading US listed options that will be added to its existing suite.

BM&F Bovespa releases new indices

Brazilian exchange BM&F Bovespa has started the calculation and publication, in real time, of four new indices, which together will make it possible to create exchange traded funds.

Proposed OTC regulation up for review in EU and US

Following a meeting of the European Parliament's Economics and Monetary Affairs Committee yesterday, MEP Werner Langen, rapporteur for the European markets and infrastructure regulation, will table a paper that will whittle down some of the 975 amendments tabled by MEPs to the original proposals.

Omgeo sees booming interest in cross-border trade affirmation

Post-trade processing firm Omgeo says its Central Trade Manager platform, used for the central matching of cross-border and non-US domestic equity and fixed income transactions, has seen 40% year-on-year growth in clients for Q1 2011.

UBS adds ETFs to dark pool

UBS MTF, the dark multilateral trading facility operated by UBS, has begun offering exchange-traded funds on its platform.