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Exchanges & Clearing

The Philadelphia Stock Exchange (PHLX), which introduced the concept of exchange-traded currency options in 1982 for securities account holders, began trading world currency options on the British pound last week (Monday, January 8). The US dollar-settled British pound currency options are quoted ...
Swiss German derivatives exchange Eurex has appointed Heike Eckert to manage its activities in the US. She will also be responsible for customer support and new customer acquisition, as well as new business development in North America. Over the last ...
Chicago Mercantile Exchange (CME) set annual volume records across all its product lines in 2006 including foreign exchange where daily volume increased 35% to 453,000 contracts per day compared to the year before.  Electronic FX volume increased 47% to a record average of 396,000 contracts ...
Just one week after revealing its busiest day, CME raised the bar again on December 8, when FX trading breached a significant growth milestone with record volume of 1,268,883 futures and options on futures contracts. This reflects record notional value of $157.8 billion.  ...
Eurex will launch the world's first exchange traded credit derivatives contract on 27 March 2007, a future based on the iTraxx Europe 5 year index series. The iTraxx Europe index is an equally weighted portfolio of the 125 most liquid Europeaninvestment grade credit default ...
The Chicago Mercantile Exchange CME) will begin listing its Euroyen futures and options on futures contracts on the CME Globex electronic trading platform on Sunday, February 4, 2007, for the trade date of February 5. Side-by-side electronic and open outcry trading will be ...
The Chicago Mercantile Exchange (CME) had a strong start to its December trading, announcing record trading activity on Friday, December 1, 2006, with a total of 10,997,315 futures and options on futures contracts traded. This eclipsed the previous record of 10,675,578 set on September 1, 2005, ...
Foreign exchange volume at the Chicago Mercantile Exchange averaged 508,000 contracts per day in November, up 38% compared with the year-ago period, which is a record for highest volume during a non-roll month.  Electronic foreign exchange volume increased 42% to average a record 457,000 ...
Hong Kong Exchanges and Clearing (HKEX) is considering introducing renminbi currency futures including CNY-HKD and CNY-USD contracts, with settlement in HKD, as part of its strategic plans. An exchange spokesperson tells Squawkbox, "HKEX is interested in introducing renminbi futures and ...
Despite speculation in the industry about the relationship between FX MarketSpace (FXMS) - the Chicago Mercantile Exchange and Reuters joint venture - and CLS, the provider of Continuous Linked Settlement, both companies stress that their working relationship remains business-like and ...