Derivatives

The Stock Exchange of Thailand is to add a new channel for providing updates on the indicative net asset value of exchange-traded funds.

Pan-European multilateral trading facility (MTF) Chi-X Europe has partnered with Russell Investments, the US-based investment services and equity indices provider, to launch a new series of European indices.

ConvergEx Group, the US-headquartered trading technology provider and agency broker, has been awarded a patent for the technologies that support price improvement on its LiquidPoint options trading platform by the United States Patent and Trademark Office.

The Tokyo Stock Exchange has begun trading of the SPDR S&P 500 Exchange Traded Fund – the world's oldest and largest ETF by net asset value.

The Thailand Futures Exchange, part of the Stock Exchange of Thailand, began trading a new batch of 16 single stock futures based on SET50 stocks on 21 March.

Turquoise Derivatives, the pan-European derivatives business of the cash equities multilateral trading facility Turquoise, owned by the London Stock Exchange, will 'soft launch' in the first week of May, but hasn't yet secured the stock index licences needed for its planned full service offering.

Data vendor Bloomberg is preparing to launch a US trading venue for over-the-counter derivatives – also known as a swap execution facility – as it looks to capitalise on strong growth in fixed income volumes.

Eurex, the European derivatives market joint-owned by SIX Swiss Exchange and Deutsche Börse, has extended its over-the-counter clearing service to include interest swaps and equity derivatives.

Hong Kong Exchanges and Clearing has unveiled plans to introduce new functionality for trading synthetic futures based on five active stock option classes.

Newedge and trading technology provider Orc Software plan to offer a direct communications link between Chicago and the multi-asset brokerage's Hong Kong-based trading data centre, allowing US traders to trade Asian markets without establishing their own lines and connections.