Exchanges
Eurex postpones CDS clearing
Frankfurt-based derivatives exchange Eurex will "wait until the market is ready" before it launches its central clearing platform for credit default swaps (CDSs).
HKEx takes Lehman hit, holds onto top spot in derivatives warrants turnover
Hong Kong Exchanges and Clearing (HKEx), the holding company for both the Stock Exchange of Hong Kong and the Hong Kong Futures Exchange, has held onto its position as the world's number one exchange, chief executive Paul Chow said on Wednesday.
LCH.Clearnet to expand CDS clearing into eurozone
LCH.Clearnet plans to clear credit default swaps (CDS) in the eurozone by the end of the year, having already launched a CDS clearing service in the UK.
Eurex trading volume nudges ahead of CME
A 41% drop in trading volumes compared with the previous year put CME behind Frankfurt-based Eurex in January 2009.
Clearing single-name CDSs may prove uneconomical
High margin requirements may make central clearing of single-name credit default swaps (CDS) impossibly expensive, according to one clearing specialist.
European energy outlook
2008 was a rollercoaster year for Europe's energy markets. Roderick Bruce interviews trading CEOs and other senior executives to see how they envisage Europe's gas & power markets developing in the year ahead
IDCG launches rates clearing house
The New York-based International Derivatives Clearing Group (IDCG) launched its interest rate swap clearing house on December 29 and has begun to process trades.
The listing option
Following the banking crisis, the burden of counterparty risk has increased the need for transparency and liquidity in the structured products market. While a move to listing products and exchange-trading helps offer this, how does it affect counterparty…
EEX names Christoph Mura COO
Christoph Mura has become the chief operating officer (COO) of the Leipzig-based derivatives exchange, European Energy Exchange (EEX), effective January 1.
Eurex to list Kospi 200 options
Seoul-based Korea Exchange (KRX) and Frankfurt-based derivatives exchange Eurex have struck an agreement allowing Eurex to list, trade and clear daily futures on Kospi 200 options worldwide after South Korean trading hours.
Liffe expands clearing capabilities
BClear, the clearing platform of NYSE Euronext's derivatives business, Liffe, will clear commodity swaps and options in Q1 2009.
Brazil faulty
Profile
DIFX to launch stock futures
Dubai International Financial Exchange (DIFX) is set to launch its first stock index futures and single-stock futures in late November as part of a series of moves to help boost liquidity on the market.
DTCC and LCH.Clearnet plan €739 million merger
The Depository Trust and Clearing Corporation (DTCC), the largest clearing house in the US, and European clearer LCH.Clearnet have agreed to merge, a move the companies claim will create the world's largest clearing house.
Lehman unwind could take years, says PWC
Unwinding the hundreds of billions of dollars worth of assets and liabilities held by Lehman Brothers could take years, according to Tony Lomas, a partner at PricewaterhouseCoopers (PWC), which has been appointed administrator to Lehman Brothers…
London Stock Exchange suspends trading
The London Stock Exchange suspended trading this morning at 0915 GMT, eight minutes after commencing.
Drop in August Eurex volumes masks steady growth
A drop in August trade volumes at Frankfurt-based derivatives exchange Eurex is a result of unusually high volumes in 2007 and disguises steady growth so far this year.
Changing exchanges
Alternative trading venues
Gearing for clearing
Clearing
Eurex OTC Trade facilities
Sponsored Statement
Shareholders approve CME's Nymex takeover
Shareholders on both sides have approved CME Group's takeover of the New York-based exchange Nymex, which, combined with the Chicago Mercantile Exchange, would create a single market dominating the US futures industry.