The first full month of trading on SETSmm, the London Stock Exchange's new hybrid trading service, was completed in November. The average number of trades per day was 9,841, up 65 per cent on an average of 5,978 trades per
The integration of the Nordic markets advanced today with news that HEX Integrated Markets the marketplace division of the company created by the merger of OM and the Helsinki Exchanges will join the NOREX Alliance. "The merger between OM and
The nascent Japan Government Bond Clearing Corporation ("JGBCC") has began to map out how losses incurred by counterparties going under would be handled. The first line of defence will be the collateral pledged by the bankrupt counterparty. If this is
In a letter to the US Securities and Exchange Commission (SEC) in response to the NYSE proposal to alter the governance and management structure of the Exchange, the Investment Company Institute (ICI), the lobbying arm of the US mutual fund
The Depository Trust & Clearing Corporation has revealed that nine of the largest dealers in credit default swaps worldwide are now using the automated trade confirmation service developed by DTCC to confirm trades. DTCC boasted that its service, which is
OneChicago says 73,827 security futures contracts traded in November. Open interest stood at 162,367 contracts on November 28. The top five security futures products by volume in November were Microsoft Inc. (MSFT1C) with 5,855 contracts traded, Best Buy Co. Inc.
RTS Realtime Systems Group has signed a contract to use Radianz's market infrastructure, RadianzNet, to distribute its new RTD Connect product to financial professionals worldwide. Radianz says RTD Connect enables proprietary traders, brokers, day traders, and hedge funds to trade
Eurex traded and cleared 74.5 million contracts in November. Market participants have turned over a total of 949 million contracts in 2003 to date, a 27 per cent increase over the previous year's January to November volume and or 202
Euros 269.9 billion euros was traded on the German stock exchanges in November 2003 about 5 per cent higher than the Euros 257.3 billion a year ago. The total consists of Euros 216 billion in equities, warrants and exchange traded
Share trading at Stockholmsbцrsen, HEX Helsinki, HEX Tallinn and HEX Riga per business day amounted to EUR 1 703 million during November (during the past 12 month period EUR 1 683 million). The average number of trades per business day