Derivatives

LCH to launch buy-side OTC clearing service

LCH.Clearnet Ltd, the UK arm of European clearing house LCH.Clearnet, plans to offer its SwapClear over-the-counter (OTC) interest rate swap clearing service to the buy-side trading community in the second half of 2009.

NYSE Technologies hosts 4th Story algo solution

NYSE Technologies, the technology unit of exchange group NYSE Euronext, has struck a deal to host software provider 4th Story’s algorithmic trading solution on its Secure Financial Transaction Infrastructure (SFTI) Integrated Partner Solutions platform.

Orc launches futures spread-trading tool

Orc Software, a global trading technology provider, has released Orc Spreader, a server-based, low-latency, high frequency solution for futures spread trading.

TSE delays options platform launch

The Tokyo Stock Exchange (TSE) has postponed the launch of its new options trading system, Tdex+, citing delays to the system development process.

US execution venues offer cheaper trading

Two US trading venues, equities platform Direct Edge and options exchange International Securities Exchange (ISE) – which owns 31.54% of Direct Edge – will introduce new fee schedules on 1 May that offer more attractive pricing.

Pipeline seals deal to acquire 3D Markets

Block trading venue Pipeline Financial has completed a deal to buy the assets of US block trading options firm 3D Markets, to foster institutional block crossing for US options trades.

SGX enhances options offering

The Singapore Exchange (SGX) has announced a series of initiatives to bolster its options market, including enhancing the instruments it offers and introducing a web-based electronic trade registration system.