PEGAS, the pan-European gas trading platform operated by Powernext, announced that it has achieved its best trading result to date on its spot segments, reaching a new record with 95.7 TWh (previous record: 85.4 in January 2017). The total traded volume amounted to 169.3 TWh in December, an increase of 11% compared to the previous…
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Derivatives marketplace CME Group (NASDAQ:CME) announced that 2017 average daily volume (ADV) reached a record 16.3 million contracts, up 4 percent from 2016. During 2017, there were 34 trading days above 20 million contracts, up from 32 days in 2016, despite significantly lower volatility. CME Group reached several annual average daily volume records in 2017.…
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Cboe Global Markets, Inc. (Nasdaq: CBOE) today reported that Cboe Europe Equities traded more than €20 billion in notional value on Cboe LIS, its European large-in-scale block trading platform powered by BIDS technology, since it launched in December 2016. Additionally, December was another record month of volume for Cboe Europe Equities’ Periodic Auctions order book,…
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On January 2, 2018 Nadex submitted to the Commission an emergency notice pursuant to Commission Rule 40.6(a), that on trade date Tuesday, January 2, 2018, the underlying GBP/USD cash market experienced a period of decreased activity at the open of the Nadex derivative contracts. The expiration value calculation process under ‘slow’ conditions would collect midpoints…
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Cboe Global Markets, Inc. (Nasdaq: CBOE) announced that it has launched a new microsite designed to educate and inform investors about exchange-traded volatility products (ETPs). Cboe is the home of the Cboe Volatility Index® (VIX® Index), which is considered by many to be the world's premier barometer of equity market volatility. The VIX Index is…
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Institutional FX player LMAX Exchange Group has announced (see full text below) that it has divided the company's operations into two distinct, separate FCA regulated entities: LMAX Global, the operating name of newly formed LMAX Broker Limited, a broker offering other brokers and professional traders the ability to trade on the LMAX Exchange central limit…
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Multibank FX aggregation service FXSpotStream has announced that December FX trading volumes came in at a fairly strong $19.8 billion ADV, making December one of FXSpotStream's best months of the year despite the usual holiday-related slowdown in the FX trading sector. For the year, FXSpotStream averaged $19.5 billion in daily volumes, up 7% over 2016's…
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Virtu Financial, Inc. (NASDAQ:VIRT), a technology-enabled market maker and liquidity provider to the global financial markets, today announced the closing of the sale of the BondPoint business to Intercontinental Exchange (NYSE:ICE) for a total purchase price of $400 million. Back in October 2017, Virtu shared it has entered into a definitive agreement to sell Virtu’s fixed…
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Celer Technologies, a provider of Foreign Exchange trading technology solutions to banks, brokers, buy-side, ECNs and trading venues just announced its partnership with Hotspot, a CBOE Holdings Inc. (NASDAQ: CBOE) company, and institutional FX trading platform. Celer Tech’s bespoke trading GUI allows customers to access Hotspot’s outright streaming deliverable forward and NDF liquidity. In May…
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Euronext announced closing of the share swap of its current 2.3% stake in LCH Group for an 11.1% stake in LCH SA and becomes minority shareholder of LCH SA. This follows the announcements of 8 August 2017 and 1 November 2017. On 31 October 2017 Euronext entered into definitive agreements to swap its current 2.3%…
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