Derivatives

New development aims to offer clients improved execution services on an agency basis across listed derivatives and related financial instruments.

Incoming individual will oversee e-trading, equity derivatives, and equity-linked financing, as well as having oversight for the firm’s ‘Prime’ offering.

Specifically, EURO STOXX 50 Index Dividend Options and EURO STOXX Banks Index Dividend Options can now be directly traded from the US.

Industry experts from Liquidnet, FlexTrade, Tradeweb, BNY, and State Street Global Markets speak to The TRADE about their outlooks for the multi-asset sphere, including how the market structure landscape is shifting, increased cross-pollination, and outsourced trading expanding to more asset classes.

Scheduled to launch in Q1 2025, GFO-X is the UK’s first regulated and centrally cleared trading venue dedicated to digital asset derivatives.

The rates will be published in tenors of one, three, six, and 12 months, confirmed the firm.

Use of the service will enable participants to benefit from multilateral netting against all FX transactions.

The product will be available from 2 December; exclusively listed and traded on Cboe Options Exchange.

President and chief executive at FIA labelled the development as an “example of a trend that raises serious concerns about market regulation and systemic risk”.

New appointment previously held positions at both Deutsche Bank and NatWest Markets.