Tag: CME
BGC’s FMX goes live with Marex executing first trade
BGC Group launched its highly anticipated FMX Futures Exchange on Monday, opening for SOFR futures trading at 9 PM ET.
Marex cleared the first trade...
“Complete misunderstanding … or try[ing] to baffle people”; Lutnick counters Duffy
BGC Group’s Q2 earnings call this week wasted no time at all before addressing the ongoing spat between CEO Howard Lutnick and CME CEO...
Duffy remains confident in face of FMX challenge
Despite record results, one topic dominated CME’s Q2 earnings call earlier this week: FMX.
CEO Terry Duffy has been vocal from the outset about his...
FILS USA: Has US Treasury clearing mandate killed all-to-all trading for...
While there are still questions around the effect of US Treasury reforms on market structure, many buy-side traders will be focused on the impact...
Tradeweb talks up futures market; reports Q1 growth, LSEG confusion
Tradeweb, a subsidiary of London Stock Exchange Group (LSEG), saw continued outperformance in fixed income markets in the first quarter (Q1) of 2024.
Tradeweb’s...
CME Group set to clear US cash Treasuries
A CME Group representative has confirmed to The DESK that the company is set to enter US Treasury clearing.
The news was first reported...
November’s bumper month for fixed income e-trading
Electronic trading platforms have reported a bumper November for fixed income trading, with CME reporting interest rate average daily volume (ADV) up by 42%;...
FILS in Barcelona: If the future is futures, what happens when...
Moving liquidity from the spot or cash markets into futures is raising some concern amongst market participants. In FX, trading volume on the Thomson...
Beyond Liquidity: Regulators warn on alternative Libor rates
Libor, the benchmark interest rate that was embedded in hundreds of trillions of dollars of financial contracts around the world, ceased publication at the...
Lower market volumes hitting platforms hard in June
Electronic platforms saw tough market conditions hitting volumes, reflecting lower trading volatility overall in the market, although Tradeweb was able to post net average...
