Orc Software, a technology provider for advanced trading, market making and brokerage, has announced significantly greater market demand in North America for Orc Software's advanced futures and options trading applications, and the CameronFIX connectivity products.
NAB Custodian Services (NCS), a securities services provider in Australia, yesterday announced the appointment of Markit Group as provider of its OTC derivatives valuations.
The International Securities Exchange (ISE) has launched trading in ISE FX Options. Four currency pairs began trading on 17 April on ISE’s options exchange: US dollar/euro (symbol: EUI), US dollar/British pound (symbol: BPX), US dollar/Japanese yen (symbol: YUK), and US dollar/Canadian dollar (Symbol: CDD). All four options classes traded with an aggregate volume of 101 contracts.
Smart Trade Technologies has announced that it has been selected by the fixed income markets division of Calyon, the Crédit Agricole corporate and investment bank, to build an interest-rate derivativ
The Intercontinental Exchange (ICE) has acquired a series of natural gas indices from the Intelligence Press, publisher of the Natural Gas Intelligence (NGI) newsletters.
The Spanish Exchange yesterday began to trade the first 'turbo' warrants, which have been issued by BNP Paribas Arbitrage Issuance (BNP Paribas). The issue consists of 8 Turbo Call and 8 Turbo Put warrants on the IBEX 35.
The world of investment management is changing with absolute-return strategies, portable alpha, hedge funds and yield enhancement becoming an integral part of the everyday life of traditional portfolio management, according to research and advisory firm TABB Group.
Derivatives solutions provider SuperDerivatives has announced that Saab is using its multi-asset real-time derivatives pricing and risk management platforms to implement the company's hedging strategy and to optimize the returns of its treasury pension trust.
Electronic options exchange HedgeStreet says that Susquehanna International Group (SIG) and DRW Trading Group (DRW) have launched market-making services on its platform. In addition, SIG and DRW have taken investment stakes in HedgeStreet. Together with a second investment from the Chicago Board Options Exchange (CBOE), HedgeStreet has closed its latest funding round.
Inrer-dealer brokers GFI Group and ICAP are launching the first multi-broker tradable iTraxx tranche fixings for the interbank market. The month-end fixings will be established by dealers inputting prices onto a joint GFI/ICAP platform and follows on from fixings in previous months operated by GFI.