Asset Classes

Further appointments include a new head of sales for European cash equities and a continental EU sales head.

The platform – ZebrA-X – is designed to facilitate the efficient execution of block trades, The TRADE understands.

New revisions will push for trading platforms to disclose how they use data from client transactions, as well as the establishment of a “hierarchy of settlement methods” and a 'risk waterfall' approach, to tackle settlement risk. 

The launch represents the first CME Group cryptocurrency options to be financially settled.

Bloomberg 500 Index futures and options will be listed with the aim of providing competitive fees, increased product choice and more granular contract sizes.

To further support clients worldwide, Delta Capita has also expanded its operational footprint through the establishment of hubs in Kuala Lumpur and Manila.

New development aims to offer clients improved execution services on an agency basis across listed derivatives and related financial instruments.

Named AlphaX US, the venue will trade US-listed securities only (Reg NMS) and follow the US equity market holiday calendar.

The initiative has been introduced by Mark Uyeda who was appointed acting SEC chair earlier this week by the new US administration.

Incoming individual brings 30 years’ experience in emerging markets debt to the role, having previously held positions at Mizuho International, VTB Capital, BNP Paribas, ING Nederland and CIBC World Markets.