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 ...
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 ...
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 Group says it will become the
first clearing house to clear interest rate swaptions on April 11.
initial product scope will include dollar-denominated swaptions with European
style exercise, a maximum two-year option expiry, and a maximum underlying swap
Both ICE and the Singapore Exchange (SGX)
have released data for February 2016, revealing a mixed month for volumes on
SGX’s total FX Futures volume came to
522,933, up 23% from the previous month and 119% from the preceding year.
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
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’.
Average Daily Volume (ADV) for FX products was 954,000 in February, down marginally
from the ...
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 ...
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 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