Clearing and Settlement

ICE to Launch Eris interest contracts

Intercontinental Exchange (ICE) says that ICE Futures Europe, the UK multi-asset class derivatives exchange, will launch Eris standard interest rate futures contracts denominated in euro (EUR) and pounds sterling (GBP) on Monday June 29. 

The new contracts,  Eris Standard EUR Interest Rate futures and  Eris Standard GBP Interest Rate futures, will trade and clear at ICE Futures Europe and ICE Clear Europe. They are based on the product design of Eris Exchange US dollar-denominated Eris Standard Swap future and Eris Flex Swap future contracts.

 

Clearing and Settlement

Bank of America Merrill Lynch will be a participant on the GMEX Exchange when it launches on Friday.



Clearing and Settlement

Deutsche Börse reports in its second press release of the day that at Eurex Exchange, the equity index derivatives segment totaled 71.6 million contracts (July 2014: 48.7 million). 

Clearing and Settlement

Deutsche Börse has just published its latest turnover numbers. Order book turnover on Xetra, Börse Frankfurt and Tradegate Exchange across all asset classes stood at EUR 137.3 billion in July (July 2014: EUR 99.1 billion).

Clearing and Settlement

CLS, the leading provider of continuous linked settlement services for the global foreign exchange (FX) market, says it is working with LCH.Clearnet, a global multi-asset clearing house, to develop a service to facilitate the settlement of cleared foreign exchange products.

Clearing and Settlement

Deutsche Börse AG has agreed to buy global foreign exchange trading platform 360T Beteiligungs GmbH (360T) for a total purchase price of EUR 725 million.

 

Clearing and Settlement

CHAPS has confirmed that its operational hours will be extended from summer 2016 by one hour and forty minutes.