From the February 01, 2010 issue of Futures Magazine • Subscribe!

New for traders: Financials

ICE Trust U.S. began clearing credit default swap contracts for buy-side market participants. ICE Clear Europe launched clearing services for single-name credit default swap contracts after receiving regulatory approval in the U.K. www.theice.com

CME Group has begun clearing credit default swaps through CME Clearing. www.cmegroup.com

ELX Futures announced that Interactive Brokers Group will become a member of the exchange and will offer trading on ELX Futures. ELX also launched its new Ultra Long-Term U.S. Treasury Bond Futures contract. www.elxfutures.com

Newedge’s Korea office has been granted a full futures license by the Korea Financial Services Commission. With this license, Newedge Korea can now to offer all products listed on the Korea Exchange, including equities and derivatives. www.newedgegroup.com

Russell Investments has launched a set of benchmarks to track the small to mid-cap segment of the global equity market, known as SMID cap. Also, Russell Investments and Axioma, Inc. announced they will create a series of factor-based indexes to measure market segment stock performance.www.russell.com/indexes

Taniscott Capital formed the Ian S. Notley Memorial Award, which will present a $2,500 prize to a university student who writes the winning paper addressing market and business cycles and the oscillations present in capital markets on a secular and cyclic basis. www.mtaef.org.

HTG Capital Partners, LLC has acquired the equity index and energy trading groups of Kingstree Trading LLC. www.htg-llc.com

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