Derivatives

NYSE US futures exchange to launch in September

The US Commodity and Futures Trading Commission (CFTC) has approved an application by NYSE Liffe, the US futures trading platform of exchange group NYSE Euronext, to become a designated contract market.

OSE and ISE halt Japanese options platform plan

The Osaka Securities Exchange (OSE) and the International Securities Exchange (ISE) have terminated their memorandum of agreement (MOA), which was signed back in February.

Warsaw reports Europe’s fourth-largest index futures volumes

Poland’s Warsaw Stock Exchange (WSE) recorded Europe’s fourth-highest trading volume in index futures contracts, both for the month of June and across the first half of this year, according to figures compiled by the exchange and the Federation of European Securities Exchanges.

Arca’s new options pricing sparks backlash

NYSE Arca’s decision last week to raise the fee for taking liquidity in its tier-one penny pilot options has prompted a negative reaction from options traders, according to Tony Saliba, president and CEO of LiquidPoint, the options division of agency broker BNY ConvergEx.

Software bug caused Tuesday’s TSE outage

A malfunction in the Tokyo Stock Exchange’s derivatives system, which disrupted trading for almost three hours on Tuesday, was caused by a software problem introduced during an upgrade over the weekend, according to a spokesman for the exchange.

Best execution still in its infancy for futures

The concept of best execution is spreading to areas of the listed derivatives market beyond options, according to Sabrina Belkadi, executive director, Goldman Sachs Electronic Trading.

MF Global connects to Indian exchanges

Futures and options broker MF Global now offers connectivity to the National Stock Exchange of India and the Bombay Stock Exchange (BSE) through its existing infrastructure, provided by derivatives trading solutions firm Patsystems.