Americas Archive

April 04, 2014

CDS trades jump on SEFs

Credit default swaps traded on swap execution facilities grew 75% from January to April, according to data compiled by the International Swaps and Derivatives Association, while rate swaps have seen little growth. read more>

April 03, 2014

NYSE edges forth in March volumes

The New York Stock Exchange executed 22.68% of US equities in March, up from 21.3% in February, as BATS Global Markets’ share of trading slips. read more>

April 01, 2014

Invesco to build proprietary trading algos

Invesco to build proprietary trading algos

Global asset manager Invesco will develop a number of equity trading algorithms internally to execute orders in the US market, but has said the move will not reduce its reliance on the sell-side. read more>

April 01, 2014

Sell-side adapts to liquidity consultant role, says Citi

The broker community is changing the way it operates with buy-side clients by taking a more consulting role in helping firms source liquidity in line with market structure and industry changes, Kevin Russell, global head of cash equity trading for Citi, has said. read more>

March 28, 2014

Cross-margining central to buy-side SEF trading

Use of collateral optimisation services such as cross-margining will decide where asset managers trade OTC derivatives on new swap execution facilities (SEFs), Sean Owens, director of fixed income at consultancy Woodbine Associates has said. read more>

March 28, 2014

trueEX boosted by post-trade offering

Swaps trading platform trueEX this week announced it had processed over US$100 billion in bunched order allocations, which its chief has said will drive buy-side activity on the platform. read more>

March 27, 2014

LCH reports surge in OTC clearing activity

OTC derivatives clearing on LCH.Clearnet has seen significant growth, with client clearing of swaps more than doubling as market participants implement global regulatory reform. read more>

March 26, 2014

Buy-side blocks hindered by market structure, says TABB

Despite putting a premium on block trades, the buy-side still lacks the ability to execute in its desired institutional size due to key market structure issues, a report from research consultancy TABB Group has found. read more>

March 25, 2014

Addressing conflicts key to HFT reform

Regulators and policymakers should concentrate on underlying conflicts of interest when regulating high-frequency trading, as the New York Attorney General and Securities and Exchange Commission indicate a greater focus on such market activity. read more>

March 24, 2014

Nasdaq OMX creates global markets services business

Nasdaq OMX creates global markets services business

Market operator Nasdaq OMX has formed a new entity combining transactions, clearing and settlement services in the US and Europe, and has appointed Hans-Ole Jochumsen to lead the new combined entity. read more>