HKEX publishes 2016 market statistics, sets new records in derivatives markets LeapRate

December 20, 2016 BY Valentina Kirilova

HKEX publishes 2016 market statistics, sets new records in derivatives markets

A number of new records were set in Hong Kong's derivatives markets in 2016, according to market statistics from 1 January to 15 December 2016 published on Hong Kong Exchanges and Clearing Limited's (HKEX) website today. Total futures trading reached 80,950,484 contracts, up 10% on the full-year record high of 73,462,212 contracts in 2015. Trading of…

November 01, 2016 BY Valentina Kirilova

CFTC approves 5 foreign BoTs for direct US trading

The U.S. Commodity Futures Trading Commission (CFTC) has issued Orders of Registration to the following Foreign Boards of Trade (FBOT): Eurex Deutschland (Eurex) CME Europe Limited (CMEEL) ICE Futures Europe (IFE) The London Metal Exchange (LME) London Stock Exchange plc. (LSE) Under the Orders, each of the FBOTs is permitted to provide identified members or…

May 12, 2016 BY Maria Nikolova

Barry Gershon joins Sucden Financial’s LME team

Barry Gershon, ex-Global Head of Metals Trading for Jefferies Bache, is joining international derivatives broker Sucden Financial to further strengthen its strong metals presence. The new role will mainly focus on business development in Europe and the Americas, leveraging Mr Gershon’s vast industry experience. Mr Gershon has been involved in base metals trading for more…

May 04, 2016 BY Maria Nikolova

LME and LME Clear appoint Antony Stuart as independent non-exec director

The Boards of the London Metal Exchange (LME) and LME Clear on Tuesday announced the appointment of Antony Stuart as an independent non-executive director. Mr Stuart is a chartered accountant with 30 years of experience as an investment banker and corporate adviser. Before his retirement in 2011, he was Managing Director at NM Rothschild. Mr…

March 10, 2016 BY Maria Nikolova

Chris Adams to re-join Sucden Financial

International derivatives broker Sucden Financial Limited today announces that Chris Adams will re-join the company in April. Mr Adams will assume strategic responsibility for the LME Ring Dealing Team, which will still be managed by Geoff Ison and Danny Messinger. Mr Adams, who at present works at Levmet in Monaco, is returning to London. He…

February 22, 2016 BY Maria Nikolova

Redline Trading Solutions to support futures trading on LME

Provider of intelligent market data and order execution solutions Redline Trading Solutions today announces support for the London Metal Exchange (LME) in its premier market data and order execution systems used by banks and trading firms for electronic trading of futures, equities, options, foreign exchange and fixed income. Redline’s tick-to-trade solution recently successfully passed LME…

December 01, 2015 BY Maria Nikolova

LME Clear launches new trade compression service

LME Clear, the clearing house for the London Metal Exchange (LME) market, on Monday announced the successful rollout of two new services: trade compression and the ability to post metals warrants as collateral. The new trade-compression service enables members to cut the notional value of their positions and simplify their portfolio management. It also enables…

October 05, 2015 BY Maria Nikolova

Tag: lme