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Exchanges & Clearing

Montréal Exchange to Launch Canadian Dollar IRS Montréal Exchange (MX) is launching Canadian dollar interest rate swap futures. The contracts will be cleared at the Canadian Derivatives Clearing Corporation and will be available to trade on MX from September this year. MX’s new product will ...
ECB Decision Sees CME Hit FX Record The European Central Bank policy announcement last week saw CME Group reach a trading volume record for total FX futures and options. The exchange says it handled 2,517,334 contracts, surpassing the previous record of 2,371,202 by 6 percent set on May 6, 2010. FX futures ...
TriOptima Compression Eliminates 40% of PLN Notional in SwapClear 18 SwapClear members have compressed 40% of outstanding notional and 49% of outstanding trades in Polish zloty (PLN) interest rate swaps and forward rate agreements (FRA) through TriOptima’s latest TriReduce compression cycle. The local and international participants eliminated PLN 2.6 trillion ($654 billion) in ...
CME to Clear Swaptions CME Group says it will become the first clearing house to clear interest rate swaptions on April 11. The initial product scope will include dollar-denominated swaptions with European style exercise, a maximum two-year option expiry, and a maximum underlying swap tenor ...
ICE and SGX Figures Reveal a Mixed Bag Both ICE and the Singapore Exchange (SGX) have released data for February 2016, revealing a mixed month for volumes on both exchanges. SGX’s total FX Futures volume came to 522,933, up 23% from the previous month and 119% from the preceding year. Among ...
Wells Departs LCH as it Prepares to Merge ForexClear and SwapClear? Market sources are indicating that Gavin Wells has left his position as global head of ForexClear at LCH Clearnet as the firm prepares to roll ForexClear into its SwapClear business. Emails to Wells prompted an auto-generated out of office response ...
Exchanges Post Strong YoY FX Volume Growth February figures released by CME Group and the Moscow Exchange (Moex) indicate strong year-on-year volume growth, despite being marginally down from January’s ‘bounceback’. CME’s Average Daily Volume (ADV) for FX products was 954,000 in February, down marginally from the ...
ICE Weighs Up a Bid For London Stock Exchange Group Intercontinental Exchange (ICE) has issued a statement confirming that it is considering making an offer for the London Stock Exchange Group (LSEG). LSEG is currently in merger talks with German-based Deutsche Boerse Group, but ICE might look to scupper that ...
ICE Announces New COOs for US Futures, Clearing Businesses Intercontinental Exchange (ICE) has appointed David Farrell as the new COO of ICE Futures US and Hester Serafini as the COO of ICE Clear US. Prior to this new role Farrell was a senior director, global soft commodity operations at ...
CME and Bloomberg Team Up For USD Index Product CME Group has announced the launch of CME Bloomberg Dollar Spot Index futures.  The futures contract will be available for trading on the CME Globex electronic trading platform effective April 4, 2016, pending all relevant regulatory review periods. The new contract tracks ...