Virtu launches new electronic swaptions workflow on RFQ-hub
Union Investment negotiated the first-fully electronic swaptions via the RFQ-hub - which resulted in an OTC trade executed in that instrument - earlier this year.
Trading Venues
Cboe expands into fixed income US treasuries with interdealer trading platform
The new dealer-to-dealer electronic trading platform for on-the-run Treasuries expected to launch in the second quarter next year will be Cboe’s first cash US fixed income product.
BGC launches electronic marketplace Fenics Markets Xchange
FMX will use LCH’s listed rates clearing service to provide a platform for generating capital and operational efficiencies between OTC interest rate swaps and US futures positions.
Provable Markets receives approval for FINRA broker-dealer application
Following approval of its application in the US, Provable Markets has received permission to operate its alternative trading system Aurora.
IEX introduces new fees for real-time market data as a ‘fair and reasonable’ form of ‘cost recovery’
The Investors Exchange Group had previously offered its members an almost fee free connectivity to its market data.
7RIDGE to acquire US FinTech group Trading Technologies
The acquisition, backed by Cboe and Singapore Exchange, will help drive Trading Technologies’ organic growth.
Euronext names MTS chief as head of newly acquired Borsa Italiana
New chief executive of Borsa Italiana will also operate as head of fixed income trading for the Group.
Tokyo Stock Exchange to extend trading day
The last time closing times were extended was in 1954, when they changed from 14:00 to 15:00 local time.
Cboe moves to build digital asset derivatives marketplace with ErisX acquisition
The acquisition of ErisX gives Cboe access to the digital asset spot and derivatives market, including clearing and settlement.
BSO enhances trading routes between Tokyo, London and Singapore
Upgraded routes will provide new and existing customers with improved connectivity between the three equities and FX hubs.