A longstanding pillar of London’s futures community, Carew Hunt passed away on 15 January after a short illness.
New head will replace Chris Fix, who retired from CME Group earlier this year.
The reference rates will be settled in US time, providing a new risk management tool to meet institutional client demand.
New futures algo platform at Citi includes TWAP, VWAP, Close algos and smart order types, as well as the flagship Arrival implementation shortfall strategy.
Eurex extends partnership with MSCI to launch index futures for dividend exposure.
Nasdaq launched its future based on the OMXS30 ESG index in October last year.
Citi’s markets business in the UK has been accused of spoofing Japanese Government Bond futures and could face a fine of $1.2 million.
US regulators approve the launch of Eurex ESG futures which will be available to trade early next month.
Data from the Futures Industry Association (FIA) showed that equity index futures and options were a main driver for the record activity.
Nasdaq’s new US Treasuries futures product will be available to clients on 19 July.