Eurex traded and cleared 79 million contracts in April. This is a 40 per cent increase over the April 2002 volumefor the exchange and is equivalent to an average of 4 million contracts a day. The market participants, who are
Turnover at Deutsche Borse last month was up by 50 per cent on April 2002. However, the aggregate turnover of Euros 259 billion was 3 per cent below the previous month (Euros 266.8 billion. The April 2003 total was made
OneChicago traded 79,353 contracts in April, which is about the same amount as it traded in March (79,522 contracts). Open interest at OneChicago stood at 60,148 contracts April 30. Trading volume picked up at the end of the month with
Merrill Lynch has chosen Radianz to provide the firm with an Internet Protocol (IP)network to replace its point to point connectivity. The broker dealer will use Radianz's IP based global financial extranet,m RadianzNet, to connect to counter parties around the
The London Stock Exchange announced today plans to improve trading in mid cap securities with the creation of a new hybrid market segment that aims to combine the benefits of the SETS electronic order book with those of market making.
A quarter of the world's corporate and financial institutions are trading foreign exchange products online, up from less than a fifth (17 per cent) at the end of 2001. Meanwhile, volume traded online climbed significantly and is expected to rise
London Clearing House has won a Queen's Award for Enterprise, in the Innovation category. The Award was made to LCH for the development, introduction and implementation of the SwapClearв service. LCH says it has taken the central counter party clearing
Radianz says the Chicago Board of Trade (CBOT)has selected the firm to provide the Internet Protocol (IP) based networking needed to distribute real time financial information from its new market data feed to approximately 60 market data vendor connections throughout
Deutsche Borse has expressed its support for the overall assessment and measures proposed in Volume II of the Giovannini Report on clearing and settlement. The company says it shares the experts' view that in order to raise the level of