Credit futures see OI and ADV increase more than sevenfold YoY
The adoption of credit futures as a mainstream credit trading vehicle is broadening across venues and currencies: US$ iBoxx total return based futures traded...
Treasury futures open interest shows record uncertainty; surpasses 17 million contracts
Derivatives market operator, CME Group, reports that open interest (OI) in its US Treasury futures reached a record 17,222,551 contracts on 12 May, the...
Tradeweb poaches Dan Cleaves to lead Dealerweb CLOB
Market operator Tradeweb has appointed Dan Cleaves, the former CEO of Brokertec Americas, as a managing director in its Dealerweb wholesale unit.
He said, “The...
How traders weathered the Treasury sell-off
The US Treasury’s auction of seven-year notes last Thursday saw the lowest investor appetite ever, according to some sources, leaving primary dealers holding the...
CFTC & SEC: JP Morgan manipulated Treasuries market during flash crash period
US market regulators the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC) have fined JP Morgan over US$920 million in penalties...
