Derivatives

US Treasury futures exchange to launch in June

Electronic Liquidity Exchange (ELX), a bank-backed alternative exchange for US Treasury futures, has set its launch date for June this year, subject to approval by the Commodity Futures Trading Commission (CFTC).

LSE and Oslo Børs outline collaboration plans

The London Stock Exchange (LSE) and Oslo Børs have revealed details about how they will cooperate, following the strategic partnership the two exchanges announced last December.

LSE switches derivatives technology to ease expansion

The London Stock Exchange (LSE) has decided to replace its Nasdaq OMX derivatives trading system with Canadian exchange group TMX’s SOLA platform as part of a plan to develop its derivatives business.

Apama launches futures spread-trading tool

Apama, the complex event processing and algorithmic trading division of Progress Software, has launched a futures spread-trading application in association with FFastFill, a provider of derivatives trading technology provider.

ICE starts clearing US credit default swaps

ICE US Trust, a New York limited liability trust company owned by US futures exchange group IntercontinentalExchange (ICE), has started clearing and processing credit default swap (CDS) index transactions in the North American Markit CDX indices.

Buy-side calls for access to more trading venues – Fidessa

Fidessa LatentZero, a front-office software provider, has credited the 60% increase in users of its EMS Workstation execution management system in 2008 to the buy-side’s growing need to connect to more trading venues, particularly across Europe.