News Centre

ICAP Expands Soft Commodities Team

Date 02/04/2012

ICAP Corporates LLC, the commodity futures and options trading arm of the world’s leading interdealer broker ICAP plc, announces the expansion of its soft commodities group to include a full-service cotton broking team. The three principals of VIP Commodities, Ltd., the leading global cotton options broker, have joined ICAP and will offer execution services in the open outcry pit, electronic, voiced blocks, and over-the-counter markets.

NYPC Names Sandy Broderick As Chief Executive Officer - Joins At A Time Of Growth And Great Opportunity For NYPC - Experienced Industry Professional With Over 20 Years In Global Derivatives Trading

Date 02/04/2012

New York Portfolio Clearing (NYPC) today announced the appointment of Alexander "Sandy" Broderick as Chief Executive Officer. His appointment comes at an important time for the company as volumes grow and it expands its portfolio of products through its "one-pot" model.

OneChicago Announces Trading Volumes For March 2012

Date 02/04/2012

• First quarter volume increased 49%, year-over-year, to more than 1.2 million contracts
• Blocks in March 2012 were up a strong 70% year-over-year, compared to March 2011

BOX Options Exchange Price Improvement Activity Increases In March

Date 02/04/2012

In the month of March, price improved contracts on BOX Options Exchange (“BOX”) averaged 310,495 per day, which represented a 12% increase over the same period last year.  Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction (“PIP”) averaged $145,529 per day, while total savings to investors this month were $3.2 MM.  With this, BOX has saved investors over $380 MM since its inception in 2004.  Overall average daily trading volume on BOX in the month of March was 636,391 contracts, which represented a 47% increase over the same period last year. 

OCC Announces Cleared Contract Volume Declined 10% In March While Securities Lending Volume Rose 18%

Date 02/04/2012

OCC announced that cleared contract volume reached 379,763,970 contracts in March, representing a 10 percent decrease from the March 2011 volume of 421,466,054 contracts. OCC ended the first quarter with total volume reaching 1,068,689,268 contracts, exceeding 1 billion contracts in the first quarter for the second time in history.

ISE Reports Business Activity For March 2012

Date 02/04/2012

• ISE was the second largest equity options exchange in March with market share of 18.3%, excluding dividend trades.
• Dividend trades made up 7.8% of industry volume in March 2012.

MGEX Reports Open Interest Growth - March Futures And Options Trading Volume

Date 02/04/2012

MGEX, a Designated Contract Market and Derivatives Clearing Organization, today announced month over month open interest growth of eight percent in March. Total Exchange volume for Hard Red Spring Wheat (HRSW) futures and options contracts was 81,091 contracts traded in March. Volume of HRSW futures accounted for 80,154 contracts traded while options trading totaled 937.  

ESMA Publishes The Responses Received To The Consultation On Considerations Of Materiality In Financial Reporting

Date 02/04/2012

To view the response, please see the section Your Input/Consultations.

The Options Industry Council Announces March Options Trading Volume Falls 10%

Date 02/04/2012

The Options Industry Council (OIC) announced today that 376,246,042 total options contracts changed hands in March, 9.8 percent less than the 417,188,575 contracts traded in March 2011, the second highest monthly volume on record.

ESMA Announces A Vacancy For An IT Team Leader

Date 02/04/2012

The deadline for applications is 4 May.  For further information, please see the section Vacancies.