Posts written by Sarah Rudolph

Cboe Europe and EuroCCP have partnered with the commission-free platform Freetrade to give retail investors in the UK access to trading and clearing the pan-European markets, beginning with German and Finnish stocks.  

Coinbase, the largest US cryptocurrency spot exchange, is buying FairX, a new CFTC-regulated futures exchange, in order to bring regulated crypto derivatives to its market.

Tradovate Holdings, LLC, a leading online futures brokerage firm and trading technology provider, has been acquired by NinjaTrader Group, LLC for $115 million.

London Stock Exchange Group and the venture arm of Aflac have invested in the bond-market quoting system BondCliQ Inc.'s $7.5 million Series A funding round.  

The CME Group on Monday announced it will expand its benchmark U.S. Treasury futures and options by adding 20-Year U.S. Treasury Bond futures on March 7, pending regulatory review.

Apex Fintech Solutions has acquired PDQ Enterprises, the parent company of CODA Markets, Inc. (CODA), operator of an auction-based ATS and smart order router that aims to optimize liquidity aggregation for all market participants.

Federal Reserve Vice Chair Richard H. Clarida failed to disclose the extent of a financial transaction he made at the start of the pandemic, the latest revelation in a string of ethics problems at the central bank.

R.J. O'Brien & Associates on Wednesday announced that the firm's Chairman Emeritus, Robert J. O'Brien, Sr., died January 4 at the age of 103.

Effective January 10, Kerry Rooks will join HKEX as its chief people officer, reporting to chief executive Nicolas Aguzin. She succeeds Paul Choi, who will pursue other career interests.

On Friday, December 31, most versions of the London Interbank Offered Rate (LIBOR) - with the exception of three-month U.S. dollar Libor - were published for the last time, as the work of integrating Libor replacements continues.  

Intercontinental Exchange announced that ICE Benchmark Administration plans to launch GBP SONIA Spread-Adjusted ICE Swap Rate for use as a benchmark in financial contracts and financial instruments by licensees on January 4, 2022.

Keith Todd, previously chairman and CEO of KRM22, became the CEO of Trading Technologies when it was acquired by the growth equity firm 7Ridge in December 2021.    

Borsa Istanbul, Turkey’s main stock exchange, halted trading on Friday with a temporary circuit breaker after its main Bist 100 index fell 5 per cent. The selling came as the Turkish lira fell to a fresh all-time low.

The European Securities and Markets Authority (ESMA) said Friday that the UK’s two biggest clearing houses, LCH and ICE Clear Europe, would continue to be recognized as “of substantial systemic importance” to the EU’s financial stability post-Brexit.