Trading & Execution

MarketAxess has released its first year-end review of trading activity in the US corporate bond market for 2011. The analysis was conducted by MarketAxess Research. »

Trading volume during at the CBOE Futures Exchange (CFE) during January 2012 totalled 811,283 contracts, an increase of four per cent from the 778,157 contracts traded in January 2011. This was the busiest January in CFE history and it ranks as the tenth most-active trading month ever at the exchange.  »

Silk Road Management has launched the Silk Road Iraq Index (SILKIQ) and Silk Road Iraq Oil Index (SILKIO), two debut equity indices that include largest Iraq-focused companies, listed on the Iraq Stock Exchange (ISX) as well as international bourses in London, Toronto and Oslo. »

MarketAxess Holdings Inc, the operator of an electronic trading platform for US and European high-grade corporate bonds, emerging markets bonds and other types of fixed-income securities, has announced Q4 2011 revenues of USD45.1 million. This compares with USD38.6 million for the fourth quarter of 2010. »

US investors have access to only 10 per cent of stocks that are internationally traded according to the latest report published by Broadridge Financial Solutions – Global Investing: Considerations for Building an End-to-End Solution.  »

Global investor demand for shares of companies like Gazprom, Vale, Petrobras and BP helped push trading of  American and global depositary receipts (DRs) to record levels in 2011, according to BNY Mellon’s year-end market update.

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Global commodity exchange traded product (ETP) assets rose by USD8bn to total USD171bn during 2011 in what were challenging market conditions for commodity ETP assets, according to ETF Securities’ quarterly review. »

MarketAxess Holdings Inc, the operator of an electronic trading platform for US and European high‐grade corporate bonds, emerging markets bonds and other types of fixed‐income securities, has received authorisation from the Comissão de Valores Mobiliários – CVM (Securities and Exchange Commission of Brazil) and the Central Bank of Brazil to offer e‐trading of local currency debt. »

The proposed European Union financial transaction tax (FTT) could lead to a significant decrease in cross-border trading of financial instruments in the EU, undermining the single market, according to the Alternative Investment Management Association (AIMA), the global hedge fund association. »

Calastone, the independent transaction network for the managed funds industry, has begun processing electronic trades of managed funds for Australian clients. »