Q&A: Asset Segregation for Cleared OTC Derivatives
A Q&A to address questions on asset segregation models to support cleared OTC derivatives from webinar attendees
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IntercontinentalExchange Reports $1.87 Adjusted Diluted EPS, up 32%; GAAP Diluted EPS of $1.80; Record Revenues and Net Income Attributable to ICE
— Record 3Q11 Revenues of $341 MM, Up 19%
— Record 3Q11 Net Income Attributable to ICE of $133 MM, Up 38%
— Record 3Q11 Operating Cash Flow of $220 MM, Up 84%
Average Daily Volume of 10.0 Million Contracts at Eurex Group in November
In November 2011, the international derivatives exchanges of Eurex Group recorded an average daily volume (ADV) of 10.0 million contracts (November 2010: 10.2 million). Of those, 7.2 million were Eurex Exchange contracts (November 2010: 7.2 million), and 2.8 million contracts (November 2010: 3.0 million) were traded at the U.S.-based International Securities Exchange (ISE). In total, 159.1 million contracts were traded at Eurex Exchange and 59.8 million at ISE.
ISDA Publishes the Recommendation for FpML version 5.2
The International Swaps and Derivatives Association, Inc. (ISDA) today announced the publication of the…
Pricing Partners Mandated by KfW Bankengruppe in Germany
Pricing Partners (www.pricingpartners.com), the world leader in OTC derivatives pricing analytics, mathematical models and independent valuations, announced today that it has been mandated by KfW Bankengruppe (KfW), one of the largest government-owned banks in Germany based in Frankfurt, as its first German client. KfW will deploy Price-it Library, the OTC derivatives pricing analytics, and Price-it Online, the independent valuation services, to provide pricing and valuation on their trading products.
ICAP Appoints Gary Pettit as Global Head of Financial Futures and Options
ICAP, the world’s leading interdealer broker, announces that it has appointed Gary Pettit to the new position of Global Head of Financial Futures and Options. Gary Pettit was formerly Global Head of Futures and Options at MF Global.
ICAP has also recruited, so far, an additional 25 former MF Global staff across London, New York, Chicago and Sydney which will significantly enhance its existing execution brokerage offering. Gary Pettit will be based in London, reporting to Gary Smith, Deputy ceo, ICAP London and EMEA.
NYSE Liffe to Open New Office in Hong Kong
NYSE Liffe, the global derivatives business of NYSE Euronext (NYX), announced today that it is opening an office in Hong Kong on 1 December 2011. NYSE Technologies already has an office in Hong Kong; and with NYSE Liffe offices in Singapore, Tokyo and now Hong Kong, the Exchange will further develop its derivatives business in the region.
ICE Futures Canada Receives Regulatory Approval for Introduction of Wheat and Barley Contracts
ICE Futures Canada, the Winnipeg-based agricultural exchange owned by IntercontinentalExchange(NYSE: ICE), today announced that the Manitoba Securities Commission has approved new futures contracts for milling wheat, durum wheat and barley.
Pricing Partners Offers New Methods to Generate Large Volatility Surface for Thomson Reuters Market Data Users
Pricing Partners (www.pricingpartners.com), the world leader in OTC derivatives pricing analytics, mathematical models and…
Linedata and Riskdata Announce Integrated Risk Solution
Linedata (NYSE Euronext: LIN), the global solutions provider dedicated to the investment management and…
CFTC to Hold Open Meeting to Consider Two Final Rules and Two Proposals
The Commodity Futures Trading Commission (CFTC) will hold a public meeting on Monday, December 5, 2011, at 9:30 a.m., on the following topics:
(1) Final Rule on Investment of Customer Funds and Funds Held in an Account for Foreign Futures and Options Transactions;
(2) Further Notice of Proposed Rulemaking on Process for Making a Swap Available to Trade under Section 2(h)(8) of the Commodity Exchange Act
(3) Final Rule on Registration of Foreign Boards of Trade