CME Group’s launch of SOFR First for Options receives support from ARRC
New options will help the exchange-traded options market transition away from USD LIBOR ahead of its phase out in mid-2023.
New options will help the exchange-traded options market transition away from USD LIBOR ahead of its phase out in mid-2023.
New data will enable market participants to test their trading strategies and make trading decisions by subscribing to market data sets from one, or both, exchanges.
The past week saw appointments from CME Group, Bernstein Research, Copper and AxeTrading.
Head of international, William Knottenbelt, is retiring from CME Group after nearly 11 years, with multiple individuals set to replace him to foster a “local” approach in the regions.
The derivatives exchange has seen trading activity in blocks and EFRPs across its listed FX products grow by more than 280% this year.
APAC head announces his departure from the firm after serving in the region for the last 30 years at the likes of CME Group, Dubai Mercantile Exchange and BNP Paribas.
New directors bring a wealth of experience to CME Group, having served at NatWest Markets, TFSEdge and Societe Generale Corporate and Investment Banking.
New director brings several years’ experience in sales related roles to the firm, having served at CME Group, Morgan Stanley and UBS Global Asset Management.
As part of the launch, clients will be able to express long- or short-term views with a choice of monthly or Monday, Wednesday and Friday weekly option expiries.
The exchange operator says the changes to its executive, equities, post-trade and rates management are designed to support its “long-term success”.