Day: 1 November 2019

HKEX Eyes FX Clearing Growth

Hong Kong Exchanges & Clearing (HKEX) becomes the latest major exchange group to identify FX clearing as a growth area, after announcing last week that its OTC Clear service handled its first deliverable FX swaps and forward contracts. The banks involved in the transaction – which was hailed by HKEX as “a step forward in […]

Itarle Creates Ventures Arm

Itarle, a provider of high-performance best execution services to banks, has created a new Special Purpose Vehicle (SPV), Itarle Ventures GmbH. The entity serves as a separate legal structure for Itarle to co-invest with partners in new data analysis and liquidity services, and shared market infrastructure initiatives. Through Itarle Ventures, the company plans to leverage […]

CME, Bakkt, Outline Bitcoin Option Details

CME Group has released details of its options on bitcoin futures, which were announced in September and are targeted for launch in Q1 2020. As expected, each contract is to be based on one of CME’s bitcoin futures contracts, which in turn consists of five bitcoin, and will be settled into one futures contract when […]