CME Group
CME hires from CLS
CME Group has found a new managing director and global head of FX, according to market sources.
Forex volumes up in September
LONDON & CHICAGO - Electronic brokers reported a year-on-year rise in trading volumes in September, reflecting a renewed appetite for risk.
CME chief says central clearing house removes 'black swan' threat
Chicago Merchantile Exchange's (CME) Asia energy and metals chief says the group’s central counterparty clearing (CCP) house removes the possibility of a ‘black swan’ incident
Trading Places, October 4, 2010
Read this week's Trading Places to catch up on people moves across the FX world.
CME to launch e-micro gold contracts
CHICAGO - CME Group plans to launch e-micro gold futures on its electronic trading platform CME Globex on October 3, for a trade date of October 4, in response to growing demand for smaller contracts.
Exchange volumes continue rise in August
CHICAGO – Volumes in foreign exchange products on the Chicago Mercantile Exchange were up 15% in August, with 11.7 million contracts traded a day on average, the exchange said last week.
SEB FXPB targets Q4 live date on EBS and Reuters
SEB will go live with three prime brokerage clients on EBS Spot and Thomson Reuters Matching for Prime Brokerage at the start of the fourth quarter.
CLS hires new head of strategic initiatives
NEW YORK – CLS has hired Richard Kerschner as New York-based head of strategic initiatives, a newly created role, it announces today (August 16).
Clearers pile into Asia
The region seizing the opportunity to offer central clearing for over-the-counter products seems to be the Asia-Pacific, which explains LCH.Clearnet’s plans to aggressively push into that market.
Enforce clearing, catapult FX into the big league, say FX Week USA panellists
NEW YORK - Counterparty risk is preventing FX from becoming a major asset class and must be addressed, according to panellists discussing the future of the FX industry at the FX Week USA congress in New York last Tuesday (July 13).
Power to the high-frequency traders
Speakers at the FX Week USA congress held in New York last Tuesday (July 13) were resoundingly supportive of the role high-frequency traders (HFT) have had in ensuring liquidity in the market.
Hotspot continues volume growth
JERSEY CITY – Hotspot FX reported a record month in May, with average daily volumes reaching $48.7 billion – double count [??] – up from $19.4 billion in May last year.
Euro decline continues
LONDON - The euro hit a four-year low against the dollar last Friday (June 4), sparking a rise in options prices as the unit edges further towards the 1.2000 barrier.
Crisis a boon to spot brokers, volumes up 60%
LONDON - Electronic spot-broking systems EBS Spot and Thomson Reuters saw a 60-65% surge in average daily volumes in May, reflecting a return to traditional liquidity sources during times of crisis.
Euro crisis sparks record e-trading
LONDON & CHICAGO - Heightened concerns over the contagion risks of the Greek fiscal crisis to periphery economies last week led to record trading days on electronic trading systems.
CME posts record euro FX volumes
CME posted a record trading day for euro FX products with a total $98.2 billion traded yesterday, as S&P downgraded Greek debt to junk status.
CME speeds up product identification
CHICAGO – CME Group will release version 2.0 of its Fix/Fast market data messaging format in June, which aims to make it easier for user firms’ data and trading systems to identify updates for specific traded products among messages distributed by the…
Forex volumes surge in Q1
Both CME Group and Icap's EBS saw foreign exchange volumes reach pre-crisis levels during the first three months of the year
CME, Thomson Reuters unveil FX volumes
FX Week takes a look at what volume data from Thomson Reuters, CME Group and Icap unveils and gets the latest project Utah update.
Settlement risk top priority for banks
ClientKnowledge shares FX survey results
CME puts brakes on FX clearing
CME Group delays FX clearing; awaits regulatory clarity
Electronic volume spikes in January
Major electronic platforms reported monthly FX volumes spikes last month as the return of risk aversion boosted activity
Trading Places - December 14, 2009
Trading places - people moves