Asset Classes

Singapore Exchange has added BNP Paribas Securities (Singapore) as a trading member of its derivatives market and has reported strong performance in trading activity during the last month.

Brazilian exchange group BM&F Bovespa is to launch eight new currency futures contracts on 15 August.

Deutsche Börse has launched a new exchange-traded fund on its Xetra trading platform to help investors gain exposure to the BRIC markets.

New York-based broker Auerbach Grayson has launched a global fixed income and sales trading platform for frontier and emerging markets and has appointed Tim Slaughter to lead the initiative.

CME Group, the US-based derivatives market operator, has implemented a routing agreement with the Mexican Derivatives Exchange that allows US-based investors to trade Mexican futures contracts.

The risks of giving central counterparties open access to derivatives trading venues must be properly managed to ensure the safety of financial markets infrastructures, the International Swaps and Derivatives Association has warned.

The first foreign securities to be traded in Japan using the Japanese Depositary Receipt scheme will be listed on the Tokyo Stock Exchange on 23 August.

Global exchange operator Nasdaq OMX has cautioned that the planned merger between Deutsche Börse and NYSE Euronext will create a “monopolist that would be able to dictate the market for years to come” in European exchange-traded derivatives.

The European arm of agency broker Instinet has announced the results of a second independent evaluation of its smart order router's performance for UK stocks, which show an average of 0.68 basis points in price improvement in Q2 2011.

CME Group, the derivatives marketplace, and Osaka Securities Exchange, the Japanese derivatives and securities exchange, have expanded their partnership on joint product development and promotion.