In addition to CME's acquisition of FENICS and Trayport for $4.55 per share, a private consortium of GFI Group management will acquire brokerage business for $165 million in cash
Read moreOptionsCity Software, a global provider of electronic trading solutions for professional futures and options traders, today announced that an upgrade to its flagship trading platform, Metro, will be available mid-August. Metro 5.2 has extended performance with added functionality that allows traders and brokers to manage execution, risk, and efficiently navigate electronic markets. Metro 5.2 includes…
Read moreICAP issues Interim Management Statement for second quarter of 2014, showing significant overall downturn in results, however EBS has some diverse new plans on the cards, as recovery manifested itself in June.
Read moreAfter 117 years, the London silver fix is to change its entire modus operandi, and will be handled by Thomson Reuters and CME Group instead of via a conference call between major banks.
Read moreAs more exchanges enter the FX market, pressure is being placed on the establishment in the form of keen pricing with new entrant Eurex offering 10-12% lower fees than CME.
Read moreWill make available trading of CME cleared USD interest rate swaps with the launch of its new innovative CCP position switch service.
Read morePress Release OptionsCity Software, a global provider of electronic trading solutions for professional futures and options traders, today announced that London and Chicago-based Spinaris Capital will expand its FX and energy options trading utilizing OptionsCity’s Metro and Freeway platforms. According to the firm's LinkedIn, Spinaris Capital is a quantitative trading firm based in London &…
Read moreAmerica takes pragmatic approach to HFT and algo regulation as CME Group Executive Chairman and President Terry Duffy prepares to appear in front of US Senate Committee
Read moreCME's recently launched London-based derivatives market becomes world's first CCP to gain Bank of England approval for handling of client assets and protection against bankruptcy. The case for venue-based FX grows stronger...
Read moreThe company aims to launch its new OTC derivatives offerings on the 3rd of March The European division of the CME Group, CME Clearing Europe has announced today that it received regulatory approval to launch Overnight Index Swaps, zero coupon swaps, Forward Rates Agreements, basis swaps and variable notional swaps. In addition the company is…
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