Derivatives

Goldman Sachs selects Fidessa as additional source for listed derivatives

royalblue, provider of Fidessa, yesterday announced that Goldman Sachs has selected Fidessa as an additional distribution platform for buy-side listed derivatives flow. Fidessa's global connectivity network provides a highly resilient solution for routing buy-side order flow to broker destinations. Through Fidessa's network, users will now have the capability to route listed derivatives, cash equities and algorithmic orders, across 60 exchanges and 23 countries, to Goldman Sachs.

Eurex launches emerging markets products, starting with derivaties on Russian underlyings

The derivatives exchange Eurex will be launching derivatives on Russian underlyings denominated in US dollars as of 23 April 2007, the firm has announced. This will enable investors to trade emerging markets derivatives on the Eurex platform for the first time. The derivatives will be traded in US dollars, another first at Eurex.

Nymex abandons plans for trading floor in London

The parent of the New York Mercantile Exchange has ditched plans to operate a trading floor in London. Open outcry trading in London "never took off the way that we hoped," a Nymex spokeswoman explain

Capitalia to start SwapsWire for equity derivatives

SwapsWire announced yesterday that Capitalia Spa is the first Italian bank using its system to automate OTC equity and interest rate derivative trade confirmations. Capitalia started confirming interest rate swaps trade electronically in August 2006 and went live with equity options on SwapsWire in December.