Moscow Exchange seeks to ramp up derivatives offering


Moscow Exchange seeks to ramp up derivatives offering

http://www.efinancialnews.com/story/2013-06-20/moscow-exchange-seeks-to-ramp-up-derivatives-offering?omref=email_TradingTechnology

The Moscow Exchange will add futures based on popular German stocks to its market, as part of its plans to further develop a derivatives offering for both retail and institutional investors.

Moscow Exchange seeks to ramp up derivatives offering

The Moscow Exchange has partnered with Deutsche Börse-owned derivatives market Eurex to offer futures based on the stocks of Deutsche Bank, Siemens, BMW, Volkswagen and Daimler from September.

Speaking to Financial News, Roman Sulzhyk, head of futures and options market at Moscow Exchange, said: “These new futures will offer Russian retail investors with new products to invest in and are the first step in our cooperation with Deutsche Börse. We plan to look at the portfolio of products offered by both exchanges to see where we can further extend our partnership.”

Deutsche Börse signed a letter of intent with Moscow Exchange in November 2012, which established a strategic partnership between the two bourses. The exchanges have previously said they will look to cooperate on infrastructure, product development, regulations and post trade services.

The new derivatives are short-dated products that Sulzhyk said would allow retail investors to take short-term bets on the future stock price of the five German stocks. He added that Eurex and Moscow Exchange deliberately started with products that would not lead to a shift of liquidity from Germany to Russia.

 

Sulzhyk also said the Moscow Exchange was actively working with regulators to help encourage the use of derivatives among institutional investors.

“We are working hard to make it easier for large Russian funds to trade derivatives. There aren’t many Russian funds with derivatives in their portfolio because of unclear regulation. Institutional investors want access to liquid, longer-dated derivatives that will help them to hedge against portfolio risk,” he said.

The Russian exchange already lists futures based on the main indices of Brazil, India, Hong Kong and South Africa as part of an initiative known as the Brics Exchange Alliance that was launched last June.

The Moscow Exchange was formed in December 2011 from a merger of Russia’s two main domestic exchanges RTS and Micex as part of the Russian government’s plan to transform Moscow into an international financial centre. Since the deal was completed, the exchange has taken steps to encourage overseas firms to trade on its market, including major changes to post trade processes.

 

— write to anish.puaar@dowjones.com and follow on Twitter @anishpuaar

 

PFSOFT Protrader platform integrates ACTIV’s market data with PFSOFT’s multi-asset trading platform


PFSOFT Protrader platform integrates ACTIV’s market data with PFSOFT’s multi-asset trading platform

http://www.automatedtrader.net/news/at/142767/pfsoft-protrader-platform-integrates-activs-market-data

First Published 28th May 2013

Partnership integrates ACTIV’s European market data with PFSOFT’s multi-asset trading platform

Frank Piasecki, president, ACTIV Financial

Frank Piasecki, president, ACTIV Financial

“In order for firms to succeed in today’s volatile market conditions, they need a cost-effective way to access the growing volumes of market data crucial to executing successful strategies.”

New York – ACTIV Financial has announced that PFSOFT will now offer ACTIV’s European equities, options and futures market data through its multi-asset trading platform, Protrader.

PFSOFT clients are now able to utilize ACTIV’s European market data feeds as part of an integrated trading and market data solution. ACTIV’s market data will be available via Protrader’s desktop, web and mobile versions. In addition to ACTIV’s market data, PFSOFT also implemented vendor of record technology from ACTIV to provide permissioning and exchange reporting support to Protrader users.

“PFSOFT strives to provide the most comprehensive solution for its clients,” said Denis Borisovsky, CEO of PFSOFT. “Integration with ACTIV Financial is a valuable addition to our product diversity and we are glad that multiple brokers are starting to work with ACTIV’s services.”

“In order for firms to succeed in today’s volatile market conditions, they need a cost-effective way to access the growing volumes of market data crucial to executing successful strategies,” said Frank Piasecki, president of ACTIV Financial. “ACTIV is delighted to be working with PFSOFT to deliver a comprehensive, multi-asset class European market data for PFSOFT’s Protrader clients. As market data volumes continue to grow, we’ll continue to provide high quality, low-latency data for our clients while keeping their overall TCO under control.”

BT launches service offering from CME Group’s Aurora data centre


http://www.automatedtrader.net/news/data-news/142372/bt-launches-service-offering-from-cme-groups-aurora-data-centre

First Published Monday, 25th March 2013 from Automated Trader : Data News

BT Radianz managed hosting services and cloud platform now available from CME Group’s data center in Aurora

BT has signed an agreement with CME Group, the derivatives marketplaces, to enable the BT Radianz Cloud community access to CME Group’s trading and market data services. In addition, the BT Radianz Cloud platform has been extended into CME Group’s data center in Aurora, Illinois, where BT can also now deliver BT Radianz managed hosting services.

The new agreement builds upon an existing relationship that has provided members of the BT Radianz Cloud community with access to CME Group markets via connectivity in E. Cermak Road, Chicago since 2006.

Members and customers of CME Group will have managed access to CME Group’s Market Data Platform (MDP) that provides data for its futures and options market, as well as third-party real-time data from Dubai Mercantile Exchange (DME), Standard & Poor’s (S&P) Cash Indices, Minneapolis Grain Exchange (MGEX), BM&F Bovespa (BM&F) and Korea Exchange (KRX).

BT Radianz services now also provide access to CME Group’s Globex order entry platform, CME Direct in Europe, and access to CME Group’s exchanges which include Chicago Mercantile Exchange (CME), Chicago Board of Trade (CBOT), New York Mercantile Exchange (NYMEX), Commodity Exchange Inc. (COMEX) and Kansas City Board of Trade (KCBOT).

Tom Regent, president, global banking & financial markets, BT Global Services, said: “The derivatives market and the foreign exchange market are truly global and investors increasingly want to access the major trading platforms wherever they are in the world. The addition of these CME Group services to the BT Radianz Cloud is a major step for us and reinforces our commitment to supporting the many thousands of financial institutions that rely on BT services.”

Tom Regent, president, Global Banking & Financial Markets, BT Global ServicesTom Regent, president, Global Banking & Financial Markets, BT Global Services

“The derivatives market and the foreign exchange market are truly global and investors increasingly want to access the major trading platforms.”

ITG Launches New Suite of Futures Algorithms


Investment Technology Group, a leading agency research broker and financial technology firm, today announced the release of a suite of algorithms for futures.

via Pocket http://www.a-teamgroup.com/article/itg-launches-new-suite-of-futures-algorithms/ December 30, 2012 at 06:50PM

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