Derivs - Equity

Eurex trading volumes have risen to record highs amid increased market volatility, while its moves to entice market participants to switch their clearing activity from London to its Frankfurt-based CCP seem to be reaping rewards.

Industry body the Futures Industry Association (FIA) has submitted a lengthy letter to the Basel Committee for Banking Supervision (BCBS) lobbying for changes to the leverage ratio and how it interacts with derivatives clearing.

Eurex Clearing's head of risk analytics and model validation, Dmitrij Senko, has been appointed chief risk officer, and is set to formally replace risk management veteran Thomas Laux on July 1.

BNP Paribas has hired numerous bankers to bolster its corporate and institutional banking presence in the Nordic countries, including senior bankers in equity and derivatives roles.

Euronext on Monday formally launched its offer to buy Norwegian exchange group Oslo Børs VPS, saying it wanted to position the firm as the “key capital markets hub in the Nordic region”.

Specialist proprietary trading firms are readying to spend the first quarter in intensive lobbying after the European Council laid out its stance on investment firm regulation this week.

Nasdaq Dubai has launched a bundle of futures contracts offering exposure to Saudi Arabian corporates.

Chris Concannon, Cboe Global Markets' COO and president, will leave the exchange group next week to join electronic trading platform MarketAxess in the same roles.

The board of Oslo Børs VPS Holding, the Norwegian exchange group, on Friday said that it would consider alternative bids to acquire it, after Euronext outlined terms for a potential acquisition.

The Options Clearing Corp (OCC) had a big year in 2018, with cleared options volumes beating record levels set in 2011.

The Securities and Exchange Board of India has ordered all the stock exchanges under its supervision to move cash-settled equity derivatives contracts to physically settled forms.

BCS Global Markets has Edward Shek to head its equity trading desk. Before joining BCS, Shek was head of CEEMEA cash trading at JP Morgan.