Institutional investors expect a positive impact from the migration of over-the-counter derivatives onto exchange, with 63% of respondents to November's poll on theTRADEnews.com forecasting higher volumes.
The custody division of Citibank has been appointed to issue unsponsored level 1 Brazilian depository receipts on the Brazilian equities and derivatives exchange BM&F Bovepsa, from 29 November.
Global multi-asset brokerage Newedge is using a solution from derivatives trading application provider FFastFill to provide qualified buy-side clients with access to China's futures markets.
The need to temper the risks inherent in the over-the-counter derivatives market was regarded by many as a necessity following the recent financial crisis, but will proposed reforms limit the effectiveness of these products to the buy-side?
Asian trading venue the Stock Exchange of Thailand is to list an exchange-traded fund, ETF China, on its exchange from 22 November 2010. The new product is Thailand's fourth ETF and the first to use foreign securities as its underlying.
Tradeweb, a fixed income and derivatives markets provider, has electronically traded and cleared an interest rate swap in the US from one of its clients for the first time.
Agency broker and technology provider ITG's Hedge Pro pairs trading algorithm has been rolled out via the firm's execution management system, Triton, with availability on major third party front-end systems expected to follow shortly.
Europe has been less direct in its approach to migrating over-the-counter derivatives onto exchange than the US – much to the frustration of some market participants – but harmonisation between the two regions is essential to ensure new rules can be enforced effectively.