Asset Classes

Chi-X/LCH initiative to increase long-only CFD use

Pan-European clearing house LCH.Clearnet and multilateral trading facility Chi-X Europe will this week launch a contracts-for-difference (CFD) clearing service, designed to support the goal of regulators' to increase central clearing of over-the-counter trades.

Turquoise opts for SOLA-powered derivatives offering

Turquoise, the pan-European multilateral trading facility owned by the London Stock Exchange, has released new details relating to the launch of equity derivatives trading functionality in Q2 this year.

Andean exchange project to proceed without Peru

Peru's Bolsa de Valores de Lima (BVL) has suspended its participation in Mercado Integrado LatinoAmericano, a link-up between BVL, the Bolsa de Valores de Colombia and Chile's Bolsa de Comercio de Santiago, citing challenges arising from its domestic tax regime.

Asia's buy-side 'paying twice' for high-touch execution

According to a new report by agency broker ITG, buy-side firms choosing high-touch sales trading desks for small and medium-sized orders experience poorer trading performance than those that opt for low-touch, i.e. algorithmic or direct market access, execution strategies.

CCPs upbeat about interoperability for 2011

Progress towards post-trade interoperability in Europe's cash equities markets has taken a major step forward, following a letter from European regulators to central counterparties EuroCCP, EMCF, SIX x-clear and LCH.Clearnet expressing satisfaction that their proposals are conceptually sound.