Exchanges
CME Group shuts down CME Europe and CME Clearing Europe
The move follows customers' preference for the exchange's US infrastructure, the group said
LSE and Deutsche Börse deal collapses
EU commissioner Margrethe Vestager blocks merger attempt over monopoly concerns
CLS signs MoU with Chinese think-tank
The FX utility will work with the National Institution for Financial Development to support the renminbi's internationalisation
Renminbi options to debut on Hong Kong Exchange
HKEx expands range of currency products following doubling of futures contracts traded in 2016
CME to launch six monthly contracts for FX futures
The Chicago-based marketplace will offer contracts for AUD, GBP, CAD, EUR, JPY and EUR/GBP from February 27
Exchanges to rethink FX, plus exits in PB and NBLP to come
FXSpotStream chief executive expects a resurgence from banks next year
Clearing and decoupling of execution/credit will dominate
KCG sees growth in clearing, the Global Code of Conduct, and separation of credit and execution as big themes
XTX joins Bats Europe as a member firm
The move is a continuation of the liquidity provider's push into equities and expansion on exchange
Taiwan Futures Exchange adds euro and yen
With the two new futures contracts, Taifex broadens FX offering to include its first two G10 pairs
Shanghai Futures Exchange rolls out market surveillance
The new system will be powered by Nasdaq's Smarts Trade Surveillance
CBOE buys Bats for $3.2bn
The firm is expected to incorporate the functionality of both platforms and migrate its trading to Bats' proprietary system
ForexClear volumes to hit $300 billion in September
The 100% growth compared with August comes as dealers in both the US and Europe expect costs to rise
VTB says trades in line with rules at the time, after CFTC fine
US regulator fines VTB $5m for fictitious USD/RUB block trades, but VTB says penalty due to rule change, not non-compliance
More PBs could pull out come September, panellists say
"How far can repricing go without actually constraining and choking that entire market?" asks JP Morgan's Choussy
SGX readies full-year results for July
Brexit sent up FX futures volumes
Bats Hotspot prepares outright FX forwards launch
New product could get rolling in the autumn
HKEX promotion aims to boost new contract uptake
EUR/CNH, JPY/CNH, AUD/CNH and CNH/USD futures contracts went live on the exchange on May 30
Moscow Exchange rolls out deliverable ruble futures
USD/RUB, EUR/RUB and CNY/RUB will now be available
Hong Kong Exchange to expand renminbi futures offer
Four new futures contracts will be added in the second quarter of the year, giving investors new ways to hedge FX risk
DTCC elects three to board of directors
The new members are JP Morgan's Owens, BofAML's Simpson and ED&F Man Capital Markets' Weinhoffer
CME confirms Houston as new global head of FX
The former Deutsche Bank head of FXPB and OTC clearing for Emea will report to Sean Tully in his new role