CME Clearing recognized as CCP in Mexico

April 4, 2016 10:19 AM
Exchange Shorts


BATS launches its IPO roadshow this week. The company will sell 11.2 million shares in a price range of $17 to $19. BATS owners include JPMorgan, Goldman Sachs, KCG and Citadel.

CME Clearing has been recognized as a foreign CCP in Mexico.

CME appointed Paul Houston as Executive Director, Global Head of FX. Mr. Houston served as Head of FX and FI Prime Brokerage and Listed Derivatives Client Solution in Europe for DB1.

LSE was pressed by seven investment banks, including BofA, Merrill Lynch, Barclays, BNP and Goldman Sachs that own shares of CurveGlobal for guarantees that CurveGlobal will continue to be supported if the merger continues.

LSE CEO Xavier Rolet said the LSE-DB1 deal is the best option on the table.

CTIP3 said that the news published by Isto e Dinheiro saying CTIP3 BoD was ready to recommend the sale to BVMF3 is purely speculative and does not contain new information.

DB1 which clears the power spot markets in the UK, the Netherlands and Belgium has been migrated from APX to ECC. All power spot markets operated by EPEX SPOT and its affiliates covering Central Western Europe (CWE) and the UK now benefit from one central clearing.

SEC approved two new rules on the BATS Exchange. Rule 12.15 prohibits certain disruptive quoting and trading on the exchange. Rule 8.17 enables the SRO to conduct an “expedited client suspension proceeding” when it believes that disruptive quoting and trading have occurred.

About the Author

Bernardo Mariano brings to ERDesk his experience structuring private deals for the acquisition of mutual exchanges. Prior to joining ERDesk Bernardo worked as a Director for Instinet and later, CEO of Reuters' Bondex. He holds an MS in Economics from University of Illinois and an MIA in Finance from Columbia University. He can be reaced at be reached at