Tag: CME

CME

TrueEX Launches BRL Execution Tool

Interest rate swap trading platform TrueEx has added Brazilian real (BRL) interest rate swaps execution with clearing through CME, to its platform. The new offering allows BRL swaps traders to clear, execute new risk, terminate or compact positions and process their positions directly at CME, the company says in a statement. It also enables them […]

CME Drops More FX Futures Contracts

The CME Group has delisted its E-micro USD/JPY and E-micro USD/CHF futures contracts with immediate effect. The contracts were listed for trading on CME Globex as well as for submission for clearing via CME ClearPort. There is no open interest in either of the contracts. CME says that delisting of the contracts is a result […]

More Platforms Report July Volume Decline

Thomson Reuters, FX Spotstream and FXCM have all reported a month-on-month decline in FX average daily volume (ADV), however the latter two are up on a year-on-year basis. Thomson Reuters says spot volumes across its platforms was $97 billion per day, 8.5% lower from June and 4% down from July 2015. Other volume was $262 […]

Exchanges See FX Volume Decline

CME Group and Moscow Exchange (Moex) have both reported lower FX volumes in July – largely reflecting the first batch of data from the OTC platforms earlier this week. CME says average daily volume (ADV) in its FX contracts was 724,000, the second lowest level of activity this year after May saw ADV of 716,000. […]

Is it Time to Re-Write How FX Infrastructure Works?

After a number of years having to take reactionary measures in response to new regulatory requirements, panellists at Profit & Loss’ Forex Network New York conference expressed enthusiasm for a new wave of innovation that has the potential to re-shape FX market infrastructure. “Perhaps for the first time in eight years, innovation is back on […]

CME to List Six New European-Style FX Options Contracts

CME Group plans to list six new European-style weekly, monthly and quarterly FX options contracts that will be available to trade August 8, 2016. The currency pairs chosen for the launch are: AUD/USD, GBP/USD, CAD/USD, EUR/USD, JPY/USD and CHF/USD. They can be traded on the CME trading floor and Globex and can be submitted for […]

Thomson Reuters and CME to Integrate Messaging Networks

Thomson Reuters and CME Group will connect their instant messaging networks, allowing more than 300,000 market participants to communicate across their platforms. From late Q3 2016 users of Thomson Reuters’ Eikon Messenger and CME’s Pivot Instant Messaging will be able to communicate between the two services, in a move that the two firms say will […]

And Finally…

Trying to decipher platform performance during last month’s UK-inspired mayhem is almost as difficult as keeping track with the latest shenanigans in UK politics following the vote to leave the EU – but I’ve had a go and there seem to be some interesting angles. I am not talking about the technology – that worked […]