Asset Classes

Agency broker and trading technology provider ITG has launched a new series of algorithms for futures trading in an effort to expand its multi-asset class offering.

Buy-side firms will suffer increased collateral management and margin requirements under the US Dodd-Frank Act's OTC derivatives reforms, claims analyst firm Celent.

European finance ministers yesterday agreed a common position on the European markets infrastructure regulation that fosters competition in the over-the-counter derivatives market, but rules out an extension of the regulation to listed derivatives.

Leading financial markets trade associations have written to the European Commission expressing concern at the potential for a lack of clearing choice following the introduction of the European markets infrastructure regulation.

A partnership between pan-European equities trading platform Chi-X Europe and indices provider Russell Indexes has borne fruit with the launch of the Chi-X Europe Russell Index (CHERI) series.

Market participants and clearing infrastructures will have to adapt to near real-time clearing of OTC derivatives within the next three to five years, according to a study by financial research consultancy TABB Group.

Exchange-traded funds have once more been thrust into the spotlight by the arrest earlier this month in London of Kweku Adoboli, an ETF trader at UBS, who allegedly hid his $2.3 billion in losses using fake positions. But what of Asian ETFs?

Swedish agency broker Neonet, a subsidiary of Orc Group, has joined financial technology provider SunGard's global network to offer brokerage and order routing to its 2,300 connected brokers and asset managers.

Turquoise Derivatives, the multilateral trading facility majority-owned by the London Stock Exchange, has launched a FTSE index options.

Bloomberg Fixed Income Trading has launched ALLQ Derivatives as the first commingled trading platform for over-the-counter swap trading.