Asset Classes

New ITG algo usurps closing principle

Agency broker ITG has released a new algo that targets the point at which US exchanges release imbalance information to better tap into closing auction liquidity.

EMIR delay avoided with last-ditch deal

The final sign off of the European markets infrastructure regulation will avoid lengthy delays after regulators agreed a last minute deal related to the treatment of non-financial swaps users.

Nasdaq OMX to offer new US treasury derivatives

Nasdaq OMX has partnered with custodian bank BNY Mellon to introduce new derivatives based on US treasury securities, which it claims will help investors hedge interest rates more efficiently.

OpenLink unveils new tool for EMIR compliance

OpenLink, a provider of transaction lifecycle management software, has unveiled a new product that aims to ease compliance with the new clearing and reporting rules for OTC derivatives in Europe.

TAIFEX broadens international reach with Eurex deal

TAIFEX, the Taiwan futures exchange, has entered into a deal with Germany's Eurex Exchange that will offer Europe-based traders the ability to trade and clear Taiwanese derivatives products.

Eurex clears first buy-side IRS trades

Eurex Clearing, the central counterparty owned by Deutsche Börse, has successfully cleared interest rate swap trades on behalf of two of Europe's largest buy-side firms.

Euroclear sets date for Russian post-trade services

Euroclear Bank will offer post-trade services for Russian government bonds from tomorrow through a link established with the National Settlement Depository, Russia’s central securities depository.

Derivatives key to success of UK banking reforms

The success of the UK government's plan to separate banks' deposit and investment businesses will depend on whether 'simple' derivatives are included in ring-fenced activity.