DB1: Eurex introduced a new range of incentives to boost trading in Euribor.
London Metal Exchange (LME) aims to launch steel rebar and scrap contracts, and stated that it is still committed to its existing billet contract, Reuters reported. LME will also launch its new aluminum premium contract in 1Q15, LME head of business development Matthew Chamberlain said.
European Commission is expected to approve CCP rules in five countries, including Australia, Hong Kong, India, Japan and Singapore – but not in the U.S. – as the U.S. has yet to have all the necessary rules in place, Risk.net reported.
InterContinental Exchange (ICE) temporarily suspended trading in Euribor and Eonia contracts due to a technical glitch on Tuesday morning, Reuters reported.
ICE: NYSE President Farley will testify on Tuesday morning before the Homeland Security and Governmental Affairs Permanent Subcommittee on Investigations to discuss equity market structure.
IEX Group hired former regulator John Ramsay as its chief market policy and regulatory officer as it seeks to become a stock exchange, Reuters reported. Ramsay was formerly acting director of the SEC’s Division of Trading and Markets.