Derivatives exchanges slam regulators over open clearing

Book: what is the problem here?

Regulators should not define how markets are structured when it comes to innovation and open access to clearing. Instead, it should be left up to the market to define how services are provided, according to speakers at the IDX FIA Europe conference in Europe this week.

Deutsche Börse extends cooperation with Bombay exchange

Deutsche Börse, Eurex and the Bombay Stock Exchange have further extended their strategic cooperation offering connectivity services. Participants of BSE will be able to use Deutsche Börse’s resilient low latency N7 network services to connect to BSE back-ends in India through the Deutsche Börse access points in Hong Kong and Singapore.

CCP “contagion” fears spark derivatives debate

Simons: interoperable clearing for derivatives is just not a good idea. Ever.

Controversy over the handling of derivatives dominated talk at the Mondo Visione Exchange Forum this week, where panellists contested the value of interoperability and whether CCP contagion might bring down the financial system.

Algo tagging: where’s the logic in that?


When the requirement brought about by the German high frequency trading act to tag algorithms comes into force this month, market participants may well feel hamstrung by the complexity of the regime – and some might wonder whether this requirement goes one step too far …

Firms still struggling with SEFs for swaps trading says IPC survey


Trading firms are still struggling with the Dodd-Frank requirement for certain swaps to be traded on registered Swap Execution Facilities. According to a survey conducted by trading communications vendor IPC Systems, 60% of survey respondents said the industry as a whole was behind on meeting the deadlines on SEF trading, though only 39% said their […]

Taiwan Futures Exchange and Eurex to launch joint venture in May


The Taiwan Futures Exchange and Eurex, Deutsche Börse’s international derivatives market, plan to launch a cross-listing link 15 May 2014. With this link, Eurex Exchange will list TAIEX index futures and options as daily expiring futures on Eurex. Derivatives on the TAIEX index are one of the most heavily traded Asian equity index contracts. Andreas […]

Eurex to list eastern European derivatives based on Vienna’s indices

Eurex is to list new derivatives based on Vienna's indices

Germany’s Eurex and Austria’s Vienna Stock Exchange have formed an index licencing agreement that will see Eurex list new futures and options based on leading indices of the Vienna Stock Exchange.

Germany’s Eurex to support new SL-x securities lending platform

Eurex will support SL-x on its launch later this year

Eurex clearing, the post-trade arm of Germany’s Eurex derivatives exchange, is to act as the clearing house for new securities borrowing and lending venue SL-x Trading Europe when it launches in Q4 this year.

Eurex inks FX deal with Moscow Exchange

Frankfurt-based Eurex will now launch FX contracts based on Moscow

German derivatives exchange Eurex has signed an agreement with Russia’s Moscow Exchange that will allow it to launch Euro-Russian Rouble and US Dollar/Russian Rouble FX futures in Q4 2013.

German banks set standard framework for clearing OTC derivatives


A legal framework for the standardised clearing of OTC derivatives has been established in Germany with the approval of standardised documentation by the German Banking Industry Committee, the Deutsche Kreditwirtschaft. The DK has published the framework agreement, called the CRV – Clearing-Rahmenvereinbarung – for use by German banks and their buy-side customers with immediate effect. The document […]