In a move designed to diversify its offerings, CBOE Holdings, the parent company of the Chicago Board Options Exchange, reached an agreement in June to buy the market data services and trading analytics platforms of Livevol, a provider of options technology and market data services.
CONTINUE READINGTraders scouting for relative value opportunities across fixed income futures, swaps and cash Treasuries now have access to an online application that taps into real-time data from CME Group and ICAP.
CONTINUE READINGMoney.Net, a New York-based start-up founded by a former Bloomberg executive, has developed an online market data and analysis platform for professional traders with many of the same features as a Bloomberg terminal but at a much lower cost.
CONTINUE READINGThe Tokyo Commodity Exchange is hoping to build closer connections with crude oil traders in the U.S. through an agreement with Net Energy Group, a Canadian company that provides an online trading platform and brokerage services for the North American crude oil market.
CONTINUE READINGThe Taiwan Futures Exchange has begun rolling out a new, dynamic price-banding system on selected contracts, which Taifex executives hope will add more price stability to the market.
CONTINUE READINGMore and more firms are outsourcing their trading infrastructure to external providers, creating new monitoring challenges for trading firms.
CONTINUE READINGEris Exchange has undertaken a massive expansion of its interest rate swap futures, doubling the range of maturities available and introducing a new set of forward-starting contracts.
CONTINUE READINGWith banks looking for ways to reduce capital charges for their derivatives exposures, clearinghouses are expanding their services aimed at “compressing” swap positions, reducing the overall notional amount and the number of contracts by removing offsetting exposures.
CONTINUE READINGThe Singapore Exchange’s clearinghouse plans to strengthen its protections against a clearing member default by increasing its own contribution to the clearing fund as well as clearing member contributions.
CONTINUE READINGIntercontinental Exchange announced on June 25 that ICE Futures Singapore and ICE Clear Singapore received regulatory approvals from the Monetary Authority of Singapore and that KGI Ong Capital, Phillip Futures and UOB Bullion and Futures were approved as the first three clearing members for its Singapore-based clearinghouse.
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