CFE to provide automated trading services in Hong Kong

December 6, 2017 11:05 AM
Exchange Shorts

CME Group: The FIA Principal Traders Group met in Chicago to discuss CME Group’s fee hike. Concerned participants discussed asking a lawyer to study their options.

ICE CEO Jeffrey Sprecher said “we didn’t think it was obvious to rush out a [bitcoin] product and be first and settle against an index on a lot of exchanges that are not particularly transparent. I don’t know what to make of cryptocurrencies,” he added.

BVC: The Financial Superintendence of Colombia authorized the Corporate integration BVC and Deceval.

B3 Mini Ibovespa futures contract set a record daily volume of 2,371,446 contracts. The previous record of 2.341.827contracts was set on December 1.

LSE: LCH will offer clearing of Australian Dollar BBSW vs. AONIA overnight basis swaps (AUD BOBs). SwapClear clears 85% of the the AUD interest rate derivatives market today, and this addition will enable members and their clients to clear AUD BOBs alongside their existing SwapClear portfolio of interest rate derivatives.

CME Group will visit the Nasdaq MarketSite in Times Square in celebration of its 15th anniversary.

DB1: European Energy Exchange and technology provider EQS will support participants in the CO2 market with their reporting obligations pursuant to the EU Market Abuse Regulation.

Cboe: CFE has been authorized to provide automated trading services in Hong Kong. CFE may now allow firms in Hong Kong to become CFE Trading Privilege Holders and to connect directly to the exchange.

Cboe hired former Liquidnet block trading sales veteran Matt Beales as director of European large-in-scale sales.

TFX CEO Shozo Ohta said the exchange plans to create a working group to study cryptocurrencies in January. “Once the Financial Instruments and Exchange Act recognizes cryptocurrencies as financial products, we will list the futures as quickly as possible,” Ohta said.

About the Author

Bernardo Mariano brings to ERDesk his experience structuring private deals for the acquisition of mutual exchanges. Prior to joining ERDesk Bernardo worked as a Director for Instinet and later, CEO of Reuters' Bondex. He holds an MS in Economics from University of Illinois and an MIA in Finance from Columbia University. He can be reaced at be reached at