Asset Classes

Eurex cuts average roundtrip time to five milliseconds

Eurex, the European derivatives exchange, has reported that customers’ average roundtrip times for futures contracts halved to five milliseconds following the introduction of its Enhanced Transaction Solution last month.

Euroclear Bank and DTCC form derivatives partnership

European central securities depository Euroclear Bank has linked its DerivManager OTC derivatives service with the Trade Information Warehouse, an OTC derivatives processing facility provided by the US’s Depository Trust and Clearing Corporation (DTCC).

ICE clients left out in the cold

A power outage at the Intercontinental Exchange’s (ICEs) primary data centre caused the exchange to close it markets for over three hours yesterday.

MTS to launch Brazilian electronic bond market

MTS Group, a pan-European electronic trading platform for government bonds, has signed an agreement with the Brazilian Ministry of Finance for the creation of an electronic market dedicated to the trading of local currency sovereign securities issued by the Federative Republic of Brazil.

FlexTrade opens Chicago office

FlexTrade Systems, a trading technology provider, has opened a new field office in Chicago.