Futures
CME moves to build liquidity in new FX futures contracts
The firm is switching on implied functionality to link spreads and outright markets
Surprise renminbi strengthening prompts unwinds
“A lot of long [US$] positions were unsustainable and had to be re-evaluated,” says FX structuring head
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
Broadridge acquires Dojima to boost derivatives clearing
Capping what Broadridge calls its "best-of-breed" offering for exchange-traded derivatives
Broadridge allies with TTC to improve futures solutions
Futures and options remain a growth area for the firm
Regulation will change markets, but slower than expected
But market participants say they are in the early stages of a transformation that could accelerate in the coming years
Demand for Taiwan RMB futures puts Hong Kong in the shade
Taifex says the exchange-traded instruments launched this week are a ‘milestone' in offshore market development, but analyst believes foreign investors are unlikely to bite
CME rule hurts FX broker business, say participants
CME enrages brokers, who claim their once-profitable business in transitory FX EFRPs has vanished, despite the launch of a product to help offset the changes
Cross-margining key for RMB futures market - SGX
Cross-margining contracts across asset classes will give SGX a competitive advantage, with up to 30% margin savings, the exchange claims
CME Europe ‘slow start’ expected
Market participants feel significant volume on CME Europe could take a long time, but prospects for Asia are exciting investors
CME Europe set to launch FX futures in April
After a significant delay to the launch of its flagship European exchange, CME Europe will launch next month with 30 FX futures contracts
SGX closes in on FX futures launch
Singapore Exchange plans to launch FX futures in six currency pairs on November 11 as it looks to gain an edge on rival exchanges that have been delayed in launching the product
Eurex delays launch of FX derivatives
Eurex has joined CME Europe in delaying the launch of FX derivatives, with no new dates set for launch by either exchange
Eurex preps launch of FX options and futures
German derivatives exchange will move into the FX market in October as it aims to compete for volume in listed futures and options
Moscow Exchange to add more ruble products by year-end
The addition of new FX swaps and futures is expected to push further growth on the Moscow Exchange, officials say
Haitong Futures deploys FlexFutures trading platform
Chinese broker moves to match demand for local futures by qualified foreign institutional investors
Futures will not beat swaps on margin alone, say buy-side firms
Swap futures have a number of advantages, but OTC instruments will continue to be popular, leading buy-side firms say
Bloomberg may set up futures exchange
Trading venue looks to hedge its bets if it fails to close the margin gap between OTC swaps and futures
Exchanges converge on INR/USD futures to boost Indian rupee
This month's launch of Indian rupee futures on CME and Ice has been welcomed by traders as an important step in boosting liquidity in the currency
Mexican peso futures trading up 24% on CME
Following an 8% rally against the US dollar last year, CME's Craig LaVeille says the unit should continue to provide trading opportunities in 2013
CME ready to fight for market share in Europe, says Sammann
CME Group's European exchange, set to begin trading FX futures next year, will offer a competitive alternative to other exchanges, says the group's head of FX and rates
Ice Futures US hires CME FX veteran
US exchange boosts Chicago presence with appointment of Scott Brusso from CME Group
CME vows to expand NDF clearing by year-end
Expansion of the exchange’s nascent NDF clearing platform to include a broader range of NDFs is set to begin within weeks, according to Roger Rutherford
smartTrade upgrades clients with StudioAir
smartTrade is migrating clients from smartTrade Studio to StudioAir, an upgraded version of its front-end trading application that enables traders to customise desktop views.