Trad-X is looking to
strengthen its position in the interest rate swaps (IRS) market with the launch
of a new central limit order book (CLOB) for Eurex OTC cleared products.
The new CLOB was
launched today in order to coincide ...
CME Group has reported
a 7% year-on-year growth in revenue and a net income of $1.3 billion for 2015,
the latter of these two representing a 15% increase from 2014.
The exchange group’s
total revenue for 2015 was $3.3 billion and operating income
was $2.0 billion. Net ...
The Chicago Board of Options Exchange
(CBOE) says the administration of
the its Volatility Index (VIX Index) is in alignment with the Principles for
Financial Benchmarks established by the International Organization of
Securities Commissions (IOSCO).
The VIX Index,
calculated using ...
The Committee on
Payments and Market Infrastructures (CPMI) and International Organisation of
Securities Commissions (IOSCO) have issued a joint statement clarifying the
requirements for CCPs clearing deliverable FX products.
The CPMI and IOSCO say
they have issued the statement “in ...
Thomson Reuters’ Swap
Execution Facility (SEF) lead trading volumes in the FX dealer-client
(D2C) segment during 2015, although the majority of on-SEF FX trading continues to
occur on the dealer-to-dealer (D2D) platforms.
Citing data from Clarus
Financial Technology (FT), ...
Two exchanges to
report trading volumes for January 2016 have seen a month-on-month increase in
At CME, January ADV in
FX products was 970,000 contracts, up 10% from December but down 3% from
January 2015. The average daily notional value of FX contracts ...
LCH.Clearnet has been formally granted the status of Recognised Clearing House by the
Monetary Authority of Singapore (MAS).
Recognition applies to
LCH.Clearnet’s EnClear (Freight Division), ForexClear and SwapClear services.
clears Singapore dollar-denominated interest rate ...
Facility (SEF) TrueEx has claimed an industry first with the execution of
dealer to client Mexican peso (MXN) interest rate swaps trades on its platform.
The SEF says that Societe
Generale and undisclosed institutional investors completed the transactions
The US Office of Financial Research (OFR)
says a key focus of its work in 2016 will be in depth study of the inter-connectedness
of central clearing counterparties to identify risks in the market structure.
In its annual report to Congress, ...
On average, $380.3
billion per day was traded on swap execution facilities (SEFs) in December,
roughly in line with November but up 22% from December 2014.
The increase was
driven entirely by trading in interest rates as both foreign exchange and
credit trading ...