Fresh from the England cricket team’s world cup victory, fans of the game got another fix in July when organisations from across the futures industry took part in a full-day, six-a-side cricket tournament to raise money for the Motor Neurone Disease Association. Braving record-breaking temperatures in the City of London, teams from Euronext, Intertrader, Interxion, INTL FCStone, KRM22 and the London Metal Exchange competed in the third annual David Setters Trophy where, after a round-robin tournament, Interxion and Euronext faced each other in a closely contested final. Interxion went on to be crowned the winners.
CONTINUE READINGAppointments, promotions and other people news in the derivatives industry
CONTINUE READINGIn the field of tokenization, European exchanges are thinking like venture capitalists. To get a better handle on this promising new technology, the exchanges are buying equity stakes in young companies with expertise in tokenization and helping them develop new products and services.
CONTINUE READINGHunger may sound like a problem only faced by the poorest regions of the world, but nearly 12% of American households do not know where their next meal will come from. Research also shows that hunger affects many kinds of people in the U.S., across all regions and races and age groups. That makes the work of the Greater Chicago Food Depository vital to the communities it serves, and has challenged the food bank to continually evolve since it opened back in 1979.
CONTINUE READINGWhen David S. Vogel founded Voloridge Investment Management in 2009, he was focused on using his expertise in predictive modeling to identify winning investment strategies. The fund's strategy applied sophisticated mathematical techniques to identify patterns in market data to try to predict which way stocks and futures would move next. His fund has been remarkably successful, attracting several billion dollars in assets under management. But David’s passion for numbers extends far beyond finance and markets.
CONTINUE READINGWith the recent addition of three customers and two major European banks to its ISA Direct program this summer, Eurex Clearing has made important progress in standing up the direct membership model it first introduced in 2016.
CONTINUE READINGAviva Investors, one of the largest asset managers in the U.K., is an active user of derivatives as a component in the investment solutions that it offers to insurance companies, pension funds and other institutional investors. In this interview, the latest in a series of buyside profiles in MarketVoice, Barry Hadingham, the company's head of derivatives and counterparty risk, talks about some of the current challenges Aviva Investors is facing in both the cleared and uncleared derivatives markets and explains why his firm may opt to move its clearing to the U.S. after Brexit.
CONTINUE READINGValdis Dombrovskis is set to retain his role as the European commissioner for financial services, after president-elect Ursula von der Leyen unveiled her proposed line-up of commissioners at a press conference in Brussels on 10 September.
CONTINUE READINGFIA EPTA’s members have elected a new Executive Committee as the governing body of the industry organisation, supporting its chairman, Mark Spanbroek, and Secretary General, Piebe Teeboom.
CONTINUE READINGIn a letter filed with the Securities and Exchange Commission (SEC) today, the FIA Principal Traders Group (FIA PTG) concurred with the SEC that the current effective-upon-filing procedure for NMS plan fee amendments should be rescinded and replaced with the standard fee amendment process which allows for public comment before becoming effective.
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