ASX has received approval from the required majority of its 14 futures clearing participants for the rule amendments to implement a new OTC Derivatives Clearing Service for the Australian market.
Thomson Reuters today announced the launch of Elektron managed services in Australia and China to provide international and domestic financial institutions with cost-effective access to its real-time market data infrastructure and content.
The president and managing director of Osaka Securities Exchange have had their pay docked in recompence for a four-hour shut down of the J-Gate derivatives trading system in March.
ASX today announces that it plans to extend its new OTC Derivatives Clearing Service to deliver a client clearing solution.
MarketPrizm, a leading provider of market data and low latency trading infrastructure services, has continued to expand its regional footprint following the setup of fully-managed network and data services at the Australian Securities Exchange's (ASX) Australian Liquidity Centre (ASX ALC) in 2012.
ASX will expand its global network connectivity through the launch of ASX Net Global, a cost-effective, low latency network for global customers to connect to the ASX and ASX 24 trading platforms and to the full range of services located in the ASX Australian Liquidity Centre (ALC).
The Australian Securities Exchange has won government approval to maintain its monopoly on the clearing and settlement of cash equity trades, dashing the ambitions of LCH.Clearnet to invade the territory.
A group of five central securities depositories (CSDs) from around the world have formed a liquidity alliance designed to help solve the global collateral shortage prompted by the 2007 financial crisis and subsequent regulatory changes.
ASX announces that seven domestic and international banks in Australia have signed non-binding commitments to help develop ASX's new OTC Interest Rate Derivatives Clearing Service.
Morgan Stanley Australia Securities Limited ("Morgan Stanley") now offers Direct Market Access (DMA) client connectivity to ASX Centre Point Block.
© Finextra Research 2013