Trading
CME sets new volume record in WTI crude grade futures
Chicago-based CME said on Wednesday it traded last month an average daily volume of 17,800 contacts of the WTI crude grade futures, which was up 54% on the same month last year
Trading
Provable Markets secures $8m in latest funding round
Provable Markets, which operates a US securities finance alternative trading system (ATS), said on Wednesday it has raised $8m in a Series A investment round led by Dialectic Capital Management
Trading
Eurex plans FTSE All-World future launch in June
Eurex will next launch futures on the FTSE All-World Index futures, in its latest move as exchanges vie to increase equity index coverage across regions
Trading
HKEX to launch first single stock weekly options this year
Hong Kong Exchanges and Clearing (HKEX) expects to bring its first weekly expiring options on ten of its most trading single stocks, as it looks to develop its equity derivatives offering
Trading
Asian exchanges rebound with double digit April growth
The Singapore Exchange (SGX), Hong Kong Exchanges and Clearing (HKEX) and the Australian Securities Exchange (ASX) have all reported strong year-on-year growth in trading, as the Asia Pacific’s largest exchanges have all reported a broad-based recovery in trading volumes
Trading
ANALYSIS: Spain's BME underlines European retail trading opportunity
BME Derivatives Exchange, formerly known as MEFF and acquired by Switzerland’s SIX Group in June 2020, is an established European venue, trading index and single stock futures and options
Trading
CEDX targets retail brokers, launches research project
Cboe Global Markets has launched an education project to encourage retail volume in its European derivatives market, as it prepares to finalise the onboarding of a global retail broker
Trading
CME to launch new crude oil options expiries in July
The Chicago-based group said on Tuesday it will launch on July 22 2024 Tuesday and Thursday expiries for its short-term WTI crude oil options
Trading
ANALYSIS: Crypto moving to standardised access, intermediated markets
The next phase of cryptocurrency market structure will require a more standardised market access, pricing and ultimately wholesale markets for risk transfer a panel of experts has said
Trading
Cboe sets out futures strategy amid crypto reorganisation
Cboe Global Markets has said integrating its crypto currency contracts into its main futures exchange will allow to grow its derivatives market, as it redefines ambitions in the market amid an ongoing strategic review
Trading
ISDA chief calls for procyclicality disclosure beyond margin review
Clearing houses should also disclose anti-procyclical margin calculations, designed to safeguard against severe jumps in requirements in times of market stress, according to the chief executive of the International Swaps and Derivatives Association (ISDA)
Trading
CME volumes jump a third in April
CME Group reported a 33% increase in trading volume last month with double digit growth across all asset classes, its highest ever tally for the calendar month
Trading
ICE lays out plan to build out networks to feed AI demand
ICE plans to build out its own managed data and cloud network in response to growing demand from customers looking to deploy artificial intelligence-led tools
Trading
ICE reports quarterly record as energy trading drives revenue boost
Intercontinental Exchange (ICE) has reported record quarterly earnings of $2.3 billion (£1.8bn), up 21% on the first quarter last year, driven largely by ICE's buoyant energy markets
People
CFTC creates new role as it formulates AI strategy
The Commodity Futures Trading Commission (CFTC) has promoted its chief data officer to a new role covering artificial intelligence (AI) as the agency grapples with the proliferation of new technology in markets
Trading
CME credits growing adoption as aluminium volumes spike
CME Group has said the growth in its aluminium market has been driven by an increase in the number of clients using its contracts, as it looks to gain market share from the London Metal Exchange (LME)
Trading
ANALYSIS: Exchanges vie to launch data products in race for revenue
Global exchanges are looking to use new technology to turbo charge the growing part of their revenues that stem from data services
Trading
European regulators flag growing cyber risk
A group of European regulators has stressed the importance of cyber resilience tests being performed at banks, as it looks to enact new regulations to bolster firms' processes
Trading
ANALYSIS: Fee models, margin offsets at heart of battle for US rates market
BGC Group has outlined details of the model for its bid to wrest a share of the US rates market from CME Group. It is clear that capital efficiency will be a key battleground for both venues in the coming year
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