exchange shorts

Morning market preparation finds traders scrambling to scan stock news, monitor pre-market stock price activity, historical price levels, and locate shares to borrow to short stock.

CME removed a notice posted on its website that said that the Bitcoin Futures contract would become effective on 10-Dec, a Sunday, for trading on Dec. 11, according to Reuters. The notice was posted in error, CME spokeswoman Laurie Bischel said.

Deutsche Börse- London Stock Exchange are targeting cost synergies of +€300m and are expected to officially announce a merger agreement next week, according to Reuters.

NDAQICE’s NYSECBOECHXISE and OCC se

CFTC plans to reduce the swap dealer registration thresholds from its current $8 billion in notional to $3 billion, from Dec. 2017.

Tullett Prebon is in talks to acquire rival ICAP’s global broking business. The combination could generate around £70 million p.a.

Commodity Futures Trading Commission fined Morgan Stanley $300,000 for not maintaining enough USD in segregated accounts for U.S. clients, as well as ordered the bank to improve compliance with cleared swaps customer collateral, Market Watch reported.
A daily summary of exchange news, the markets and trading industry.

TMX Group sold its investor relations subsidiary The Equicom Group to National Public Relations Inc.

NDAQ aims to have an extended fee holiday to attract more traders to its new energy market, Nasdaq Futures, which plans to launch 28 energy contracts at midyear.