Exchanges
Eurex to extend terms on Swiss and German equity options
International derivatives exchange Eurex plans to extend the terms of certain German and Swiss equity options.
Deutsche Börse adds more fixed-income ETFs
Deutsche Börse has added three more bond exchange-traded funds (ETFs) as part of its XTF segment.
EDX London to start trading on Monday
A new equity derivatives exchange, EDX London, will start trading Scandinavian equity derivatives on Monday.
Nasdaq pulls out of single-stock futures business
US electronic stock exchange Nasdaq has pulled out of its joint venture with Euronext.Liffe to create a market for single-stock futures.
Euronext.life to launch FTSEurofirst index derivatives
Euronext.liffe said it will launch futures and options contracts based on the FTSEurofirst 80 and FTSEurofirst 100 indices on Monday 23 June.
HKEx names new COO and alters corporate structure
Hong Kong Exchanges and Clearing (HKEx) has named Patrick Conroy as chief operating officer as from August 18. Conroy will replace Frederick Grede, who has not sought a renewal of his employment contract, which expires at the end of July.
Tokyo exchange-listed 10-year rate swaps well recieved, says Tiffe
The Tokyo International Financial Futures Exchange (Tiffe) believes its 10-year interest rate swaps contracts have exceeded expectations during their first month of trading.
New Mexican options exchange to spring out of Spanish alliance
MexDer, the Mexican derivatives exchange, has struck a deal with the Spanish futures and options exchange, Meff, to develop an options exchange in Mexico.
RiskLatte launches new Asian volatility indexes
RiskLatte, a Hong Kong-based business consultancy, has developed a series of market volatility indexes for customers in Asia.
Hong Kong Futures Exchange suspends international equity derivatives trading
The Hong Kong Futures Exchange is to suspend trading of its international stock futures and options, it was announced today.
Boston Options Exchange links up with RadianzNet
The Boston Options Exchange (Box), an electronic equity derivatives market, will use US electronic network services supplier Radianz to connect the exchange’s trading system to RadianzNet, an internet protocol-based global financial extranet.
Eurex and BOTCC in global clearing accord
Eurex, the Swiss-German derivatives exchange, has signed up the US Board of Trade Clearing Corporation (BOTCC) to clear the contracts that will be traded on the futures exchange that Eurex plans to launch early next year. BOTCC customers will have direct…
Cargill Investor Services expands into Italy
Cargill Investor Services, the futures and options broking unit of commodities trading company Cargill, has joined the Italian Derivatives Market (IDEM) - part of the Borsa Italiana - as a general clearing member.
Deutsche Börse launches S&P 500 ETF
Deutsche Börse has started trading its first exchange-traded fund (ETF) on the Standard & Poor’s 500 US benchmark index. The so-called iShares S&P 500 ETF is managed by Barclays Global Investors (BGI).
Meff launches Spanish central counterparty for repos
Meff, the Spanish derivatives exchange, plans to act as a central counterparty for government bond repurchase agreements (repos), following a change in Spanish finance law.
Tiffe to launch long-term interest rate futures
The Tokyo International Financial Futures Exchange (Tiffe) plans to launch long-term interest rate futures by May, despite a fall-off in interest for the exchange's short-term rates contracts.
BoA axes global head of forex exotics role amid restructuring
Bank of America (BoA) has cut three management positions, including its head of global exotics, as part of an ongoing strategy to consolidate global foreign exchange trading and sales, a senior official at the bank in New York told RiskNews ’ sister…
Spanish exchange-traded equity derivatives volumes soar
Growth in equity derivatives trading, especially single-stock futures, helped Madrid-based mF Group post a 22.7%year-on-year increase in the number of contracts traded for the first quarter of 2003. The group is comprised of the three leading Spanish…
Hong Kong and Shanghai exchanges in energy derivatives venture
The Hong Kong Exchanges and Clearing Limited (HKEx) and the Shanghai Futures Exchange (SHFE) have signed a memorandum of understanding to develop an Asian energy derivatives market, the exchanges said today.
Euronext.Liffe to lower trading fees on French equity options
Trading fees on Euronext.Liffe’s French equity options will fall by 17-50% when trading migrates to LiffeConnect on April 14, the derivatives exchange claimed.
Hong Kong banks ready SARS contingency plans
Banks are readying contingency plans for FX trading in Hong Kong, as a potentially fatal pneumonia virus grips the trading centre.
Eurex achieves another record-breaking month
Eurex, the international derivatives exchange, has reported record-breaking volumes for March 2003. More than 106 million contracts were traded last month, an increase of almost 20 million over the previous monthly high, set in October 2002. Year-on-year…
Nybot launches market data service
The New York Board of Trade (Nybot) last week launched Nybotlive, which delivers real-time global futures and options data over the internet.
Chicago Mercantile Exchange to launch Russell 1000 futures
The Chicago Mercantile Exchange (CME) plans to launch its new Russell 1000 futures contracts on April 28. The new stock index futures will trade on the CME's Globex electronic platform virtually 24 hours a day.