Category: Exchanges

LME proposes requirements for the responsible sourcing of metal in listed brands
January 21, 2025 BY Sam Boughedda

Hong Kong Approved as Warehouse Location By London Metal Exchange

The decision means Hong Kong is the 33rd location in the LME’s network, which stretches across the USA, Europe, and Asia. Matthew Chamberlain, LME CEO, stated, “The addition of Hong Kong to our global warehousing network is an exciting development, providing warehouse facilities closer to the metals hubs of Mainland China than ever before. “Mainland…

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Clearstream
January 15, 2025 BY Sam Boughedda

Euro Route to Romanian Bond Market Opened by Clearstream

The international central securities depository of Deutsche Börse Group explained that the development, achieved in partnership with BRD Groupe Société Générale and the Romanian central securities depository, Depozitarul Central, allows international investors to invest directly in Romanian government and corporate bonds through their existing Clearstream accounts. The move is expected to enhance market access and…

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HKEX
January 13, 2025 BY Sam Boughedda

OTC Clear to Accept China Government Bonds as Collateral for All Derivatives

The announcement follows approval from the Securities and Futures Commission (SFC), the Hong Kong Monetary Authority (HKMA), and the People's Bank of China. HKEX explained that the initiative allows international investors holding these bonds through Bond Connect to use them as margin collateral for OTC derivatives. Initially implemented for Northbound Swap Connect, OTC Clear expects…

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CME Group
January 13, 2025 BY Sam Boughedda

CME Group's International ADV Reaches a Record High in 2024

The derivatives marketplace firm said the growth reflects heightened trading activity outside the United States, driven by significant gains across various product categories. The Energy sector led the surge with a 31% increase in ADV, followed by Metals at 27%, Agricultural at 25%, Interest Rate products at 12%, and Foreign Exchange products at 10%.  "We…

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Eurex ESG
January 07, 2025 BY Sam Boughedda

Eurex Dividend Options Gain CFTC Approval for US Trading

The exchange said that effective 6 January (Monday), US investors can now trade EURO STOXX 50 Index Dividend Options and EURO STOXX Banks Index Dividend Options.  The move is expected to expand US investors' ability to manage exposure to European equity markets. Robbert Booij, CEO of Eurex Frankfurt AG, commented, “Removing access barriers and making…

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January 03, 2025 BY Sam Boughedda

S&P Dow Jones Indices Updates S&P Composite 1500 Market Cap Guidelines

The changes, effective immediately, reflect adjustments to ensure alignment with current market conditions and apply to the S&P 500, S&P MidCap 400, and S&P SmallCap 600. The new guidelines raise the minimum unadjusted market capitalisation thresholds. For the S&P 500, companies must now have a market cap of at least $20.5 billion, up from $18…

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HKEX
December 18, 2024 BY Sam Boughedda

HKEX Launches Data Marketplace

The platform is said to feature a modern and intuitive user experience, featuring multiple data delivery options such as cloud transfer for enhanced convenience. HKEX said that in its initial phase, the Data Marketplace will provide shareholding data from the Central Clearing and Settlement System (CCASS) for commercial use. In addition, it will offer historical…

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HKEX
December 17, 2024 BY Sam Boughedda

HKEX's OTC Clear to Accept China Government Bonds and Policy Bank Bonds as Collateral for Swap Connect

The firm said the enhancement will let offshore investors use these bonds, which are held through Bond Connect, to meet initial margin requirements for Northbound Swap Connect. It is expected to improve capital efficiency and provide more flexibility to international investors. Furthermore, HKEX said that it will also enhance the liquidity of bond holdings in…

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Euronext
December 03, 2024 BY Sam Boughedda

Euronext Unveils Total Return Futures on FTSE MIB Index

The firm revealed in a press release Monday that the move expands its European derivatives offering, building on the success of its TRF on the CAC 40 Index launched in 2018. TRF is designed to replicate the economics of over-the-counter (OTC) total return swaps, offering a more transparent and cost-effective exchange-traded solution.  Euronext explained that…

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Expected US Rate Cuts Give Copper Price A Boost
December 02, 2024 BY Sam Boughedda

R.J. O'Brien & Associates Canada Fined By ICE Futures For Minor Violations

The penalty was issued under the exchange's Rule 21.02(e), which allows the Chief Regulatory Officer to impose summary fines of no more than $25,000 for minor violations without a formal disciplinary hearing. ICE Futures explained that the violation stemmed from improper cross trading in Canola Futures contracts. Specifically, R.J. O'Brien was found to have violated…

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