R.J. O’Brien and Associates, the largest non-bank futures clearing firm in the U.S., announced on July 23 that its U.K. affiliate has been approved as a clearing member of the London Metal Exchange.
CONTINUE READINGOn July 2 Intercontinental Exchange announced two steps to enhance the benchmark status of the Brent Index.
CONTINUE READINGOn April 30, the Commodity Futures Trading Commission approved for public comment a proposed rulemaking that would reduce certain reporting and recordkeeping requirements for end-users that transact in trade options, a term used by the CFTC to refer to physically settled over-the-counter options on commodities that are purchased by commercial end-users.
CONTINUE READINGOn March 11, the Bank of England published its annual report on the supervision of financial market infrastructures, including payment systems, central counterparties and securities settlement systems.
CONTINUE READINGOn March 11, the Bank of England published its annual report on the supervision of financial market infrastructures, including payment systems, central counterparties and securities settlement systems.
CONTINUE READINGMore than 20 high-profile banks, asset managers and software companies have joined forces to establish the Financial Desktop Connectivity and Collaboration Consortium, a group that will promote standards to help traders move between programs on their desktops.
CONTINUE READINGJefferies Group announced on April 9 that it entered into an agreement to sell most of the futures activities of its Jefferies Bache business to Societe Generale.
CONTINUE READINGThe Bank of England on June 10 published the final report of the Fair and Effective Markets Review, a comprehensive effort by the U.K. regulatory authorities to raise standards and improve regulation for wholesale markets in fixed income, currency and commodities.
CONTINUE READINGOptions, London-based provider of high-speed exchange connectivity, announced on Sept. 17 that it has added three more European exchanges to its colocation platform, Velocity. With the addition of Nasdaq’s Scandinavian exchange, Switzerland’s SWX and Austria’s Wiener Borse, the platform now covers seven derivatives markets, 14 equity exchanges and two commodity markets in Europe.
CONTINUE READINGA district court in the Netherlands has issued a verdict in a case involving competition between two European exchanges competing in the equity derivatives markets.
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