New for Traders: KRX implements kill switch system

January 10, 2014 09:13 AM


  • Korea Exchange announced it is planning to implement a “kill switch system” meanto to reduce the losses when trading algorithms go wrong.
  • CME Group re-located its primary backup center to New York from Chicago in December 2013 to make its backup facilities more secure and reliable.
  • TD Ameritrade, Inc. announced the launch of an enriched and customizable Web experience for retail investors with their redesigned flagship trading platform available through
  • RTS Realtime Systems Group (RTS) and Eris Exchange announced that RTS clients can now enjoy direct connectivity to the Eris SwapBook electronic trading platform through the full range of RTS trading solutions.


  • LME announced it will implement proposed warehousing policy reforms.
  • CME launched its first light sweet oil futures contract, the Edmonton Sweet futures contract, for Canada. The contracts will be settled against Calgary-based broker Net Energy Inc.’s index, with prices based on light sweet crude delivered in Edmonton from a number of different pipelines.


  • ISE’s bid for S&P, Dow Jones indexes was rejected by US District Judge Alvin K. Hellerstein, who cited ISE’s loss of a similar lawsuit in Illinois courts where ISE was defendant.
  • ISE Gemini announced it has completed the rollout of 302 additional products, representing the fourth successful product rollout since launch.


  • Integral Development Corp. announced Integral FX Benchmark, a set of second-by-second foreign exchange benchmark rates for major currency pairs.


  • CME Group announced a solution to address a gap in the delivery basket of the U.S. Treasury Bond futures. The gap results from the U.S. Treasury's suspension of 30-year Treasury bond issuance between early 2001 and early 2006.
  • IntercontinentalExchange announced it plans to spin-ff Euornext through an IPO by mid-2014, according to CEO Jeffrey Sprecher.
  • OpenGamma announced a new margining platform for clearing members to support the initial margin calculation requirements of central counterparties on OTC swap transactions.
About the Author

Michael McFarlin joined Futures in 2010 after graduating summa cum laude from Trinity International University, where he majored in English/Communication. With the launch of the new web platform, Michael serves as web editor for the site and will continue to work on the magazine, where he focuses on the Markets and Trading 101 features. He also served as a member of the Wisconsin National Guard from 2007 to 2010.