Citi and Eaton Vance clear first FX cash-settled forwards with CME Group
CME Group offers clearing for 26 currency pairs of FX cash-settled forwards and 11 pairs of non-deliverable forwards.
Trading Venues
Hong Kong explores digital settlement of securities
HKEX will develop new systems for the proposed paperless regime, which could be in place by early 2022.
Exchange-traded derivatives hit record in 2018
Data from the Futures Industry Association (FIA) showed that equity index futures and options were a main driver for the record activity.
Aquis Exchange launches European business after gaining approval for MTF in France
The trading venue’s sales head will relocate to Paris to lead the MTF as CEO of newly-formed business, Aquis Exchange Europe.
LMAX Exchange targets growth in Asia with senior sales appointments
FX trading firm LMAX Exchange has made two appointments to its sales team in Asia Pacific as it targets growth in the region.
FTSE founder steps down as director of LSEG’s information services group
Mark Makepeace will take on a non-executive chairman role as Waqas Samad succeeds him as director of the information services unit, which includes FTSE Russell.
Industry opposes regulatory intervention for periodic auctions
The EU financial regulator has published responses to its call for evidence, revealing that the industry is firmly behind the use of periodic auctions.
Bloomberg expands China bond market access via Terminal
Bloomberg claims position as the first platform connected to CFETS to offer global investors access to the CIBM Direct and Bond Connect initiatives.
Bloomberg gets green light for Dutch MTF
Financial regulator in the Netherlands gives Bloomberg authorisation to establish a cross-border MTF in Amsterdam for its European clients.
MEMX: The road ahead
Following news of major US players looking to establish a member-owned equities exchange, industry experts agree the move could prove to be positive for markets, but warn the road ahead for MEMX may be a difficult one.