Derivatives

Use of the service will enable participants to benefit from multilateral netting against all FX transactions.

The product will be available from 2 December; exclusively listed and traded on Cboe Options Exchange.

President and chief executive at FIA labelled the development as an “example of a trend that raises serious concerns about market regulation and systemic risk”.

New appointment previously held positions at both Deutsche Bank and NatWest Markets.

Development will allow banks and brokers using ION’s technology stack to offer clients advanced execution capabilities and clearing services on the newly launched exchange from day one.

Northern Trust’s outsourced trading desk to support $33 billion asset manager for equity funds under management and all related derivatives.

Having received authorisation from the FCA, the OptAxe trading venue centralises FX options liquidity to increase trading opportunities.

Reporting requirements by the Monetary Authority of Singapore (MAS) and the Australian Securities and Investments Commission (ASIC) will be supported alongside include other updated regulatory regimes and asset classes.

The new offering is designed to offer market participants the ability to manage volatility more granularly; launch expected on 14 October.

The new offering includes price and liquidity improvement, enhanced trading efficiency, and algo suite integration.