Posts written by Sarah Rudolph

CME Group Inc. said it will launch a futures contract for lithium, seeking to capitalize on growing demand for the metal, which helps to power electric vehicles. Trading is planned to begin May 3.

NZX signed a deal Thursday with the Singapore Exchange (SGX) for a strategic partnership agreement to scale up market distribution and liquidity in the global dairy derivatives market.

The U.K. launched a new regulatory body, the Digital Markets Unit, to police allegations of anticompetitive behavior among the world’s largest technology companies.

FEX Global, a new Australian futures exchange, announced it has contracted with Trading Technologies to provide the exchange’s trading participants with the company’s TT trading platform.

The Bank of Japan on Monday started studying the feasibility of issuing its own digital currency, joining other central banks in the effort to equal the innovation in the field achieved by the private sector, Reuters reported.

Goldman Sachs said Wednesday it would invest $10 billion over the next 10 years in businesses and organizations that benefit Black women, with the goal of narrowing the wealth gap between Black women and others.  

The London Metal Exchange's plans to permanently close its open outcry Ring, announced in January, have met vigorous opposition from brokers and industrial traders, the Financial Times reports. The Ring has been closed for a year because of the pandemic.

ETNs on Ethereum and Bitcoin Cash became available to investors on Deutsche Börse's Xetra platform for the first time on Tuesday, expanding Deutsche Börse's range of centrally cleared crypto ETNs.

Lorna Kiewert has left 3Points Communications, where she was the point person on the Trading Technologies account, to join Finn Partners as associate vice president.

Warren Gardiner, ICE’s current VP of investor relations, will take over the role of CFO following ICE’s 2021 Annual Meeting of Shareholders on May 14, when current CFO Scott Hill will retire.

Eurex will extend its Total Return Futures (TRF) segment by cooperating with FTSE Russell in a new contract on the FTSE 100 Index. The launch, which reflects the global shift towards regulated on-exchange trading with central clearing, is scheduled for 29 March.

The Depository Trust & Clearing Corporation (DTCC) released a new white paper detailing a two-year plan for shortening the settlement cycle for U.S. equities to one business day after the trade is executed (T+1).   

JPX has appointed Hiromi Yamaji, currently the president and CEO of the Osaka Exchange, to head the Tokyo Stock Exchange, effective on April 1.