Asset Classes

FXall’s 2007 trading volumes reach $13.4 trillion

FXall, a foreign exchange (FX) trading platform, has announced record annual trading volumes of over $13.4 trillion in 2007, representing a 37% year-on-year volume increase.

Eurex and ISE complete merger

Eurex announced late last week that it had completed the acquisition of the International Securities Exchange (ISE).

New accounting standards to change the way assets are valued, says OTC Val

FAS 157, the new accounting standards launched in November in the United States to regulate the way banks value their assets, are likely to lead to a significant change in the way financial assets are valued, according to OTC Valuations (OTC Val), a provider of valuation and risk reports for over-the-counter (OTC) derivatives.

Markit agrees to buy SwapsWire

Markit, a provider of independent data, portfolio valuations and OTC derivatives trade processing to the global financial markets, has agreed to buy SwapsWire, the electronic trade confirmation network for the OTC derivative markets.