Trading

Articles

13 Nov 2020 — Bill Hodgson

Choices for FX traders have been between the simplicity of exchange traded options and the flexibility of OTC options with a gap between the two. CME have provided listed options for some time, but have moved to decrease or eliminate the differences to bring the best of both worlds.

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09 Oct 2020 — Deputy Editor

Euronext has entered into a binding agreement with London Stock Exchange Group to acquire 100% of Borsa Italiana Group for €4.3 billion.

This purchase significantly enhances the scale of Euronext, diversifies its business mix into new asset classes and strengthens its post-trade activities.

The transaction is conditional upon the divestment of the Borsa Italiana Group (or a material part), which is a condition of the European Commission's clearance decision for LSEG's proposed acquisition of Refinitiv.

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28 Sep 2020 — Bill Hodgson

Fee holiday. That’s right. For at least the next 12 months, we’re not charging execution fees; and for at least six months, there are no clearing fees. And zero fees for market data.

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22 Sep 2020 — Deputy Editor

UBS Group is experimenting with virtual reality headsets to simulate the trading floor, according to the Financial Times. Microsoft HoloLens headsets are being tested by the bank.

At a time when COVID cases are increasing, banks are struggling to bring their employees back into a trading environment, and are looking at alternative technology solutions.

"If people really can't come to the office, can we create a virtual presence?...We are thinking about experimenting with the tools that are out there," Beatriz Martin, head of UBS in the UK head, is cited as saying.

 

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07 Sep 2020 — Bill Hodgson

The FICC Markets Standards Board (FMSB) has today published a Spotlight Review looking at the challenges in measuring quality of trade execution and how this varies across different market participants and segments.

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02 Sep 2020 — Deputy Editor

On September 1st, Credit Suisse International started trading on SIX, which now has 94 trading participants.

"We are happy to welcome our new member and wish...(them).. successful trading on the Swiss Stock Exchange," said Gregor Braun, Head Sales Switzerland & Europe.

Trading participants on the SIX gain access to over 46,000 securities, including Equities, Bonds, ETFs, ETPs, Sponsored Funds and Structured Products.

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17 Aug 2020 — Deputy Editor

TMX Group has appointed John McKenzie as its Chief Executive Officer (CEO), having served as interim CEO since the retirement of Lou Eccleston in January 2020.

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12 Aug 2020 — Deputy Editor

TradingScreen and Imagine Software have enhanced their long-standing partnership to deliver a trading solution to the buy-side. The partnership combines TradingScreen's EOMS and Imagine's real-time, cross-asset position management, risk analytics, and regulatory compliance platform.

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10 Aug 2020 — Rajesh Sadhwani

There’s no slowing down the banking industry’s mandated transition to Interbank Offered Rate (IBOR) replacements. Despite the many difficulties posed by ongoing public health and economic concerns, many banks still expect to complete their IBOR replacement projects by the deadline of year-end 2021. Their progress would be fine — if that were the only deadline.

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06 Aug 2020 — Deputy Editor

Luminex Trading & Analytics LLC, a buy side-owned trading venue for block executions, has hired industry veteran Ilisa Gruber as a sales and relationship manager.

Based in Chicago, Gruber will oversee Luminex's relationships with top clients among its more than 200 buy-side, institutional investors.

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05 Aug 2020 — Kirston Winters

In the latest development in the IBOR transition, on the weekend of July 25th, we saw the major CCPs perform the much-anticipated Euro discounting and price alignment transition from using EONIA to EuroSTR (a.k.a. €STR) for all Euro OTC interest rate products.

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24 Jul 2020 — Bill Hodgson

The Cassini Systems suite of analytics is now available via the IHS Markit thinkFolio service. The integration means firms using thinkFolio can now access pre- and post-trade analytics on their OTC portfolios, powered by the Cassini platform.

Full announcement

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