Futures & Options

Activ Providing Underlying Global Equities Data and Vendor of Record Services

Activ Financial, a global provider of fully managed low-latency and enterprise market data solutions, today announced that The Kyte Group, an integrated clearing, broking and investment service provider for professional traders and investors around the world, selected Activ to provide global underlying equities data for its futures, options and cash equity clients.

ICAP, the world’s leading interdealer broker, announces that it has appointed Gary Pettit to the new position of Global Head of Financial Futures and Options. Gary Pettit was formerly Global Head of Futures and Options at MF Global. 

ICAP has also recruited, so far, an additional 25 former MF Global staff across London, New York, Chicago and Sydney which will significantly enhance its existing execution brokerage offering. Gary Pettit will be based in London, reporting to Gary Smith, Deputy ceo, ICAP London and EMEA.

The Futures and Options Association is enhancing its regulatory resources with the appointment of Blake Stephenson as Manager, Regulation, with effect from 28 November. Blake joins the FOA from the Financial Services Authority (FSA) where he was part of the exchange supervision team. He is also a qualified solicitor.

OptionsCity® Software, Inc., a leading provider of end-to-end electronic trading software, announced today that it now provides connectivity and high performance trading access to Montréal Exchange (MX), a fully electronic derivatives exchange. OptionsCity is now certified as an Independent Software Vendor (ISV) on the MX-SAIL gateway.

SunGard’s Valdi facilitates futures and options trading on the Tokyo Stock Exchange’s (TSE) Tdex+ platform, which has brought futures and options trading in Japan together on a single, low latent, electronic platform. SunGard’s customers in Japan and overseas are already using Valdi for the unified trading of futures and options, both in enterprise software installations and as Valdi Market Access managed solutions. SunGard has been working closely with its customers help ensure the smooth migration of their futures trading operations onto Tdex+.

CME Group, the world's leading and most diverse derivatives marketplace, today announced the launch of NYMEX Brent 25-Day (Platts) futures and options contracts to begin trading December 12 with February 2012 being the first listed month. These contracts are listed with, and subject to, the rules and regulations of NYMEX.

IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced that ICE Futures Europe will introduce ICE Brent NX (New Expiry) Crude Futures and Options contracts.  The contracts will be available for trading with a first trade date of 5 December 2011.

IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced that ICE Futures Europe will open a formal consultation period with market participants in relation to its proposal to introduce ICE Brent NX (New Expiry) Crude Futures and Options contracts from the February 2013 contract month onwards. The consultation will run from 28 September to 21 October 2011. 

On 1 September 2011, the European Energy Exchange (EEX) and the Eurex Exchange will introduce a new incentive model for the emissions market which aims at strengthening the EEX CO2 market in the competition with other trading platforms. The model targets the secondary market trading and is designed to increase the attractiveness of EEX prices (tight spreads) and hence liquidity of the markets. 

IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced the launch of ICE Low Sulphur Gasoil Futures and Options contracts on ICE Futures Europe.  ICE also announced the introduction of 13 OTC Low Sulphur Gasoil Swaps cleared by ICE Clear Europe.