Americas Archive

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>

Agency broker ITG has released a new algo that targets the point at which US exchanges release imbalance information to better tap into closing auction liquidity. read more>

Nasdaq OMX has partnered with custodian bank BNY Mellon to introduce new derivatives based on US treasury securities, which it claims will help investors hedge interest rates more efficiently. read more>

US interdealer broker representative body the Wholesale Markets Brokers' Association, Americas (WMBAA) has elected a number of key executives as part of its bi-annual reshuffle and has targeted the development of swap execution facilities as one of its key priorities. read more>

Interactive Data will offer hosted services to trueEX, a US designated contract market for interest rate swaps, through its 7ticks platform, as preparations for the impending OTC derivatives legislation accelerates. read more>

Bank of America Merrill Lynch has launched new functionality within its US alternative trading system, Instinct X, that aims to offer the buy-side greater block trading opportunities. read more>

The proportion of non-displayed trading in Canada has more than halved since the introduction of new rules that restricted the use of dark pools last October, according to data from Thomson Reuters. read more>