BrokerTec Futures Exchange (BTEX), the only fully electronic financial futures exchange based in the US, announced today that it set consecutive daily screen traded volume records on Monday and Tuesday with 25,171 and 27,570 contracts traded, respectively. These are the
Deutsche Brse and Bolsa de Madrid are joining forces to tap the European terminal market as a provider of financial information. Deutsche Brse AG will acquire a 50 percent stake in the Spanish company Infobolsa S.A., a 100 percent subsidiary
The Hong Kong Exchanges and Clearing (HKEx) say they are exploring co listing and possible trading collaboration with the London Stock Exchange (LSE). The HKEx is surveying Exchange Participants on a possible market model for co trading and the demand
The Canadian Capital Markets Association (CCMA) today released an addendum to its March 2001 white paper on institutional trade processing for comment. Prepared by the CCMA's Institutional Trade Processing Working Group (ITPWG), the paper addresses 10 outstanding issues and two
The Open Network for Commerce Exchange (ONCE), an alliance of electronic trading networks, today announced highlights of a bi annual survey of e marketplace. It found respondents reported significant growth in both dollar volumes and transaction levels for the first
Chicago Mercantile Exchange Inc. (CME) has hired three regional marketing managers to expand its business in Europe. "Europe is an important market for us," says Mark Blundell, Managing Director, CME Europe. "This year, we have taken several steps to improve
CLS Bank today authorised its Settlement Members to offer its Continuous Linked Settlement service to all their clients. All financial institutions, corporations, banks, and fund managers trading in the $US 1.2 trillion a day foreign exchange market now have the
Based on the aggregate turnover statistics, a total volume of 266.2 billion euros was traded on the German stock exchanges in October about 12 percent higher than the previous month's level. The October total comprises 199.6 billion euros in equities,
Deutsche Borse says October was the most successful month in Eurex history to date With 86.5 million contracts traded, the international derivatives market set a new record (previous record 83.6 million contracts in September 2002). Compared with October 2001 (63.7
Instinet, the agency broker and trading platform, today announced a new senior management team. Jean Marc Bouhelier will continue to serve as Chief Operating Officer, Instinet Group Incorporated. Paul Merolla will continue to serve as General Counsel, Instinet Group Incorporated.