New for Traders: Integral brings SEF to forex market

Forex

  • Integral Development Corp. announced that it launched Integral SEF (ISEF,  offered through INFX SEF. This follows the decision by the U.S. Commodity Futures Trading Commission Division of Market Oversight to grant INFX SEF temporary registration as a swap execution facility.
  • Moscow Exchange and Eurex announced today that they have signed a cooperation agreement for the trading of foreign exchange (FX) derivatives. Through this new element of the partnership between Deutsche Börse and Moscow Exchange, Eurex Exchange will launch Euro/Russian Rouble and U.S. Dollar/Russian Rouble FX futures on its trading system in Q4 2013

Technology

  • OptionsCity Software announced that the company has completed conformance testing with CME Europe, a new London-based derivatives exchange. Upon the Sept. 29, 2013 launch date of the exchange, and pending regulatory approval, OptionsCity will provide its clients that are members of the exchange with direct access to CME Europe.
  • A partnership of industry leaders in the investment consultancy and alternative asset sectors today announced the launch of an independent investment platform for investors and hedge fund managers. ClearVest offers a total portfolio solution with an intelligent interface between a diversified offering of alternative managers, world-class research, institutional quality infrastructure and leading edge technology
  • RJO Futures announced the release of its new trading platform, RJO Futures PRO. Featuring tools to trade and monitor the markets, traders can view market activity, place and track orders and positions via the order management system using features such as one-click trading from charts and trailing stop functionality.

Regulations

  • The Futures Industry Association, the Futures and Options Association and FIA Asia are pleased to announce the completion of the final bylaw changes needed to form FIA Global, the confederation of associations that will enhance their combined global voice and reach. Members of the FOA approved the proposed affiliation in July along with its name change to FIA Europe. This week FIA Asia and FIA announced the completion of the necessary changes to their bylaws, the final steps in the process for forming FIA Global.

Options

  • The International Securities Exchange (ISE) and Moscow Exchange announced today that they have signed a Memorandum of Understanding (MOU), in which the two exchanges agreed to share information relating to various financial instruments traded through their respective facilities. This agreement expands on Moscow Exchange and Deutsche Börse Group's strategic partnership as ISE becomes the first U.S. options exchange to sign such an agreement.
  • The International Securities Exchange (ISE) announced that ISE GeminiTM, ISE's second options exchange, successfully completed its first day of trading on Aug. 5. ISE Gemini launched trading with six symbols -- Walt Disney Co. (DIS), NetApp Inc. (NTAP), Texas Instruments Inc. (TXN), Goldcorp Inc. (GG), NVIDIA Corp. (NVDA), and Dow Chemical Co. (DOW).
  • CME Group announced the launch of Short-Dated New Crop Options on KC Hard Red Winter (HRW) Wheat futures.

Financials

  • NYSE Liffe U.S. announced that it will launch a new futures contract based on the NYSE Arca Gold Miners Index (“GDF futures”) on Oct. 7, 2013.  These futures will complement the existing market for the Market Vectors® Gold Miners ETP (GDX® ) listed on NYSE Arca as well as options on GDX® traded on the NYSE Arca and NYSE Amex options platforms.
  • The Commodity Futures Trading Commission’s Division of Market Oversight issued a letter advising the Hong Kong Futures Exchange Limited (HKFE) that its CES China 120 Index futures contract and its HSI Volatility Index futures contract submitted for review on Aug. 2, 2013 are deemed certified

Commodities

  • CME Group Inc., the owner of the world’s largest futures market, applied to create a new kind of venue known as a swap execution facility that will initially focus on trading commodities derivatives.
  • GemShares, LLC and The NASDAQ OMX Group, Inc. announced an agreement to develop the GemShares Global Investment Grade Standard (GIGS™) Diamond Basket Index. This transparent, rules-based index will provide a standardized pricing mechanism for valuing a diamond basket that could be used for the development of financial products.
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