CME Group to shut down regulatory reporting division later this year
Move to shut down regulatory reporting services and trade repositories in Europe and Australia means many firms face the task of switching vendors.
Move to shut down regulatory reporting services and trade repositories in Europe and Australia means many firms face the task of switching vendors.
The UK’s FCA has handed Aquis Exchange approval for its acquisition of the exchange business of NEX Group from CME.
Migration of BrokerTec and EBS businesses to the CME Globex platform follows CME’s acquisition of NEX Group in 2018.
Aquis will expand into listings with its purchase of CME Group’s NEX Exchange business.
New Request-for-Quote platform to launch in Q2 this year for European market participants.
CME said the launch marks the first time the FX market will be able to stream trade-by-trade data to analyse impact of trades.
After connecting last month, BrokerTec clients can choose Eurex Clearing as the CCP for clearing EUR repo trades.
US futures exchange has completed its acquisition of NEX Group after receiving approvals from the necessary authorities.
CME and NEX have received clearance from the UK competition authority, meaning all regulatory and antitrust approvals have been given.
US Department of Justice and the UK’s FCA give green light for CME Group’s acquisition of NEX Group.