MarketsWiki Page of the Day

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August 26


The equities, options and fixed-income markets have reached the midpoint in the journey to a T+2 settlement window from the current T+3 settlement, and entities such as the Depository Trust & Clearing Corp. (DTCC) are fielding questions from clients about whether the plan should include distributed ledger technology such as blockchain. However, Murray Pozmanter, managing director and head of clearing agency services at the DTCC said such tech will not be necessary to move to …  View page

August 25

IMC Group

IMC Group is a global financial organization, made up of IMC Financial Markets, one of the world’s most active proprietary trading firms, and IMC Asset Management, an alternative investment manager focused on structured products. On August 25, 2016, IMC said it had received inquiries from the China Securities Regulatory Commission over its activity in the futures market during China’s 2015 stock market rout. IMC says it is fully cooperating with the regulator. [ View page]

August 24


Seed SEF LLC received regulatory approval from the CFTC Tuesday to operate as a swap execution facility trading agricultural derivatives. It plans to launch in the fall of 2016 with its first product being industrial hemp derivatives. View page

August 23

Baltic Exchange

The Baltic Exchange board unanimously agreed to a takeover bid from Singapore Exchange, in a deal that will give SGX access to a trading platform for the freight derivatives market. According to the terms of the agreement, Baltic shareholders are entitled to 160.41 pounds per share plus 19.30 pounds per share as a final dividend, giving the business a total valuation of about 87 million pounds ($114 million). View page

August 22

Tradeweb Markets LLC

Reuters reported that Tradeweb, a fixed income trading platform, is in advanced talks with Hong Kong Exchanges & Clearing to connect China’s $7.5 trillion bond market with overseas investors, according to three sources with direct knowledge of the discussions. HKEX said more than a year ago that it planned to build a Bond Connect scheme similar to the landmark Hong Kong-Shanghai Connect program launched in November 2014. View page

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