CME Group’s approval to establish futures commission merchant sparks backlash from FIA
President and chief executive at FIA labelled the development as an “example of a trend that raises serious concerns about market regulation and systemic risk”.
Derivatives
JP Morgan taps Deutsche Bank for new FX options trader
New appointment previously held positions at both Deutsche Bank and NatWest Markets.
ION connects to FMX Futures Exchange to bolster execution and post-trade clearing
Development will allow banks and brokers using ION’s technology stack to offer clients advanced execution capabilities and clearing services on the newly launched exchange from day one.
Artemis Investment Management outsources equities and derivatives trading to Northern Trust
Northern Trust’s outsourced trading desk to support $33 billion asset manager for equity funds under management and all related derivatives.
OptAxe launches new MTF for FX options
Having received authorisation from the FCA, the OptAxe trading venue centralises FX options liquidity to increase trading opportunities.
Broadridge to support OTC derivatives reporting across various jurisdictions
Reporting requirements by the Monetary Authority of Singapore (MAS) and the Australian Securities and Investments Commission (ASIC) will be supported alongside include other updated regulatory regimes and asset classes.
Cboe Global Markets to launch options on VIX futures next week
The new offering is designed to offer market participants the ability to manage volatility more granularly; launch expected on 14 October.
Matrix Executions launches ATS for US listed options
The new offering includes price and liquidity improvement, enhanced trading efficiency, and algo suite integration.
Euronext bolsters European derivatives offering with German, Irish and Portuguese single stock options
Expanded offering will give investors increased access to key assets in Europe through Euronext’s single order book.
European Commission raids Deutsche Boerse over alleged derivatives-related antitrust violations
The inspection relates to potential violations of EU antitrust rules which include directly or indirectly fix purchase or selling prices or any trading conditions.