Institutional investors expect a positive impact from the migration of over-the-counter derivatives onto exchange, with 63% of respondents to November's poll on theTRADEnews.com forecasting higher volumes.
The custody division of Citibank has been appointed to issue unsponsored level 1 Brazilian depository receipts on the Brazilian equities and derivatives exchange BM&F Bovepsa, from 29 November.
Market participants have welcomed moves by trading venues Hong Kong Exchanges and Clearing and the Tokyo Stock Exchange to lengthen trading hours, although it remains to be seen if these will result in higher volumes.
The Brazilian derivatives and stock exchange BM&F Bovespa has released volume figures for use of DMA to its equities market in October, the first month for which co-location-based DMA has been permitted.
Hong Kong Exchanges and Clearing, the operator of Hong Kong's equity and derivatives markets and clearing houses, will offer hosting services, including low-latency co-location to HKEx markets, at its Next Generation Data Centre from 2012.
Global multi-asset brokerage Newedge is using a solution from derivatives trading application provider FFastFill to provide qualified buy-side clients with access to China's futures markets.
The need to temper the risks inherent in the over-the-counter derivatives market was regarded by many as a necessity following the recent financial crisis, but will proposed reforms limit the effectiveness of these products to the buy-side?
Asian trading venue the Stock Exchange of Thailand is to list an exchange-traded fund, ETF China, on its exchange from 22 November 2010. The new product is Thailand's fourth ETF and the first to use foreign securities as its underlying.