Marex to offer rate swaps clearing via LCH’s SwapClear

Marex will become the first non-bank futures commission merchant (FCM) clearing member to offer client clearing of interest rate swaps on LCH’s SwapClear service, beginning next month and subject to final approval.

Horizon opens second Canadian venue in North American plan

FOW speaks to Horizon Trading Solutions chief revenue officer Guillaume Poiteven as the Paris-based firm looks to North American expansion after its trading platform gained certification on the Toronto Stock Exchange (TSX).

ANALYSIS: Taifex eyes overnight trading to boost international, retail flow

The Taiwan Futures Exchange (Taifex) is preparing to expand its suite of eligible contracts for its out of hours trading service, as volumes rise and client adoption increases

Nasdaq to upgrade Indonesia Stock Exchange's main trading platform

Nasdaq has expanded its partnership with the Indonesia Stock Exchange (IDX) for the latter to upgrade its core trading platform to Nasdaq’s “most advanced” matching engine, alongside extending its market surveillance partnership and agreeing to enhance IDX’s index business.

IMC latest trading firm live on Cboe Europe Derivatives

Amsterdam-based Cboe Europe Derivatives said on Monday it has gone live with IMC after the Dutch market-making and trading firm became CEDX’s latest direct trading participant

HKEX sets July for ETF expansion on Stock Connect

Hong Kong Exchanges and Clearing (HKEX) will next month publish a list of eligible exchange traded funds (ETFs) under its trading agreement with mainland Chinese exchanges

Taifex to launch more small size futures on rising demand

The Taiwan Futures Exchange (Taifex) is set to bring a series of new smaller sized contracts in the coming months in a bid to harness booming demand within its equity markets

Euribor body adds two banks amid methodology transition

EMMI, the body that administers Euribor, will add two new banks in Finland and Greece to the panel that calculates the European interest rate benchmark, marking another step towards transforming its methodology and representativeness of the eurozone.

CFTC chair Behnam requests 9% jump in 2025 budget

The Commodity Futures Trading Commission (CFTC) has requested $399 million (£312.7m), up 9% from its enacted budget a year earlier as chair Rostin Behnam gave testimony before the US Senate and outlined concerns looking ahead

Interactive Brokers adds products on Cboe Europe Derivatives

Interactive Brokers has added European stock options and index futures to trade via Cboe Europe Derivatives (CEDX), complementing its offerings via Eurex and Euronext and providing clients another means of trading European equity derivatives.

ANALYSIS: Tokenisation nears tipping point as experts urge practicality

As the European Commission (EC) this week finalised its latest efforts to create a framework, market experts have warned that efforts should be aimed at practical use cases and focussed on pockets where the technology is in demand

IG launches US futures and options trading for UK clients

IG Group has launched US-listed futures and options trading for UK clients via its in-house US brokerage firm tastytrade’s trading platform, providing access to over 7,000 underlying assets and “one of the fastest growing markets globally", alongside instant funding and currency conversion.

DTCC unveils liquidity facility for rising US Treasury clearing

The Depository Trust & Clearing Corporation (DTCC) has launched a public-facing capped contingency liquidity facility (CCLF) calculator to support the expansion of US Treasury clearing and to manage its Fixed Income Clearing Corporation's (FICC) liquidity risk arising from settlement activity.

BIS, Singapore develop climate risk blueprint for financial authorities

The Bank for International Settlements (BIS) and the Monetary Authority of Singapore (MAS) have developed climate risk platform blueprint Project Viridis, which helps financial authorities manage climate risks in the financial system

ANALYSIS: Copper price spike prompts margin hikes – OpenGamma

A spike in the copper markets at the beginning of last month has caused a pronounced increase in margin requirements for futures on the main exchanges, according to analysis by analytics specialist OpenGamma

Cboe plans crypto options in partnership with FTSE Russell

Cboe Global Markets is preparing for the launch of bitcoin and ether options based on FTSE Russell index benchmarks, as the firms announced an expansion of their existing partnership

Derivative Path expands offering with OTC commodities trading

US derivatives and debt trading platform Derivative Path has expanded its DerivativeEDGE offering with over-the-counter (OTC) trading in commodities, alongside existing interest rates and foreign exchange (FX) derivatives.

ANALYSIS: CFTC chair details regulatory agenda for coming months

In his keynote address at the Piper Sandler conference in New York last week, Commodity Futures Trading Commission (CFTC) chair Rostin Behnam said “market stress events of the last several years have tested the US derivatives market”

New Zealand consults on derivatives leverage for retail investors

The New Zealand Financial Markets Authority (FMA) is seeking feedback on proposed changes to standard conditions imposed on derivative issuer (DI) licences, including stricter requirements on investor leverage and suitability.

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