UK-based derivatives systems vendor Patsystems has unveiled an application service provider, XConnect, which will allow market participants to connect directly to multiple exchanges in the Asia Pacific region.
The Committee of European Securities Regulators (CESR), the body that harmonises securities markets regulation across Europe, has issued consultation papers on measures to make the European OTC derivatives market more secure and efficient.
Information and analysis provider Bloomberg Professional Services has extended its Bloomberg Valuation Service (BVAL) to cover over-the-counter derivatives.
Citi has made three new hires to its European equity derivatives index team as it continues to redefine its equities sales capabilities and trading platform in the EMEA region.
The Johannesburg Stock Exchange's (JSE) equity derivatives market has introduced maker-taker pricing in a billing model change launched by the exchange on 5 July 2010.
Daiwa Capital Markets, the investment bank division of Japanese financial services firm Daiwa Securities Group, will purchase the global convertible bonds and Asian equity derivatives businesses of Belgian bank KBC Group.
The soon-to-be-finalised Dodd-Frank financial reform bill will introduce greater transparency and accountability to the over-the-counter (OTC) derivatives market in the US, but it has left a number of questions unanswered.
Citigroup has made a raft of hires in its central and eastern Europe, Middle East and Africa operations as it looks to boost its emerging markets equities business.
The US futures and options regulator, the Commodity Futures Trading Commission, has proposed new rules to ensure all market participants have fair and equal access to co-location and proximity hosting services.