Americas Archive

Newedge has cleared its first OTC US dollar interest rate swap contract through CME Clearing, as the multi-asset broker accelerates its preparation for the new swaps trading era. read more>

Technology provider ConvergEx has released an algo designed for pre-market trading on US venues, a new strategy that it says will help buy-side traders execute large-sized trades before markets open. read more>

US buy-side traders are looking to new solutions to split commission payments between bulge-bracket brokers for execution and niche research providers, as smaller brokers refuse to sign commission sharing agreements. read more>

A new Canadian alternative trading system operated by Chi-X Canada will launch on Friday 3 May after receiving regulatory approval. read more>

As a European financial transaction tax draws closer, calls for a similar levy in the US have been reignited. But the political will for a US FTT is limited, with industry experts warning a tax would dampen trading volumes and curtail economic growth. read more>

Nasdaq OMX will join the other main US exchanges in offering a new segment on its market designed specifically for retail flow after receiving regulatory approval for its Retail Price Improvement plan. read more>

New pre-trade risk rules coming into force in Canada next month have spurred a growth in technology offerings designed to meet the stringent new criteria. read more>

Large banks that act as futures commission merchants in the US could struggle to maintain profitability as a swathe of new regulations threaten to reduce the profitability of derivatives trading. read more>

The TRADE's parent company Asset International, a provider of information services for financial markets, has broadened its North American presence with the acquisition of Toronto-based research and data firm Investor Economics. read more>

A new trading platform for Brazilian corporate debt developed by the IntercontinentalExchange and fixed income depository Cetip is set for launch later this month. read more>