NYMEX deploys Progress Software's SonicMQ enterprise messaging platform

Progress Software Corporation, a supplier of application infrastructure software used to develop, deploy, integrate and manage business applications, has announced that the New York Mercantile Exchange (NYMEX), a subsidiary of NYMEX Holdings and the world's largest physical commodities future exchange, has deployed the Progress SonicMQ distributed enterprise messaging platform

Instinet becomes Australian Securities Exchange member

Instinet, an agency broker and wholly-owned subsidiary of Nomura Holdings, announced on Monday it has secured full membership on the Australian Securities Exchange (ASX), effective immediately.

Liquidity crunch causes breakdown in fixed income market

A new study from Greenwich Associates revealed last Thursday that the liquidity crunch in global credit markets sparked by the collapse of the U.S. sub-prime mortgage sector severely disrupted the trading and usage of many fixed income products. Institutional investors fear that fallout will continue to spread.

Deutsche Börse Group expands cross-border equities clearing and settlement

Eurex Clearing, the clearing house of international derivatives exchange Eurex, and Clearstream, the settlement organisation of Deutsche Börse Group, have requested access to and 'interoperability' with the stock exchanges, clearing houses, and settlement organisations of the UK, France, the Netherlands, Belgium and Portugal, under the terms of the European Code of Conduct for Clearing and Settlement.