Futures and options

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/Futures and options

Tracking Bitcoin's highs and lows

The volatile nature of bitcoin trading has been brought into the spotlight by recent sharp rises and falls in the cryptocurrency after Mark Zuckerberg's grilling in Congress was countered by positive sentiment from China about blockchain and a future central-bank backed currency.

/Futures and options

Hong Kong exchange suffers cyber attack

The chief executive of the Hong Kong Stock Exchange (HKEx) has conceded that the trading venue was subject to a series of cyber attacks this week but has insisted that an outage which brought derivatives trading to a halt was related to a software bug and not a hacker.

/Futures and options

FCA suggests ban on crypto derivatives

The UK's financial services watchdog is proposing a ban on cryptocurrency derivatives for retail investors in order to prevent them incurring large losses in financial instruments they do not understand.

/Futures and options

Nasdaq buys Canadian alternative data provider Quandl

Nasdaq has acquired Quandl, a Toronto-based provider of alternative and core financial data. Terms of the deal were not disclosed.

/Futures and options

ErisX preps cryptocurrency market

Chicago-based Eris Exchange has secured backing from the likes of TD Ameritrade and Virtu Financial for a cryptocurrency spot and futures trading platform.

/Futures and options

ICE, Microsoft and Starbucks form cryptocurrency venture

Intercontinental Exchange (ICE) is teaming up with Microsoft, Starbucks and Boston Consulting Group (BCG) to launch a platform that lets people and firms buy, sell, store and spend digital assets such as Bitcoin on a seamless global network.

/Futures and options

Trainee trader sues UK broker for £10m over trading platform mix-up

A French day trader is suing UK broker Valbury Capital after it voided the €10m profit he had accrued using what he thought was a demo version of its trading software but which turned out be a live account.

/Futures and options

CME and NEX agree £3.9 billion deal to create trading powerhouse

CME Group has reached agreement on a £3.9 billion take over of the UK's NEX Group, in a deal that promises to transform the world's currency and sovereign debt markets.

/Futures and options

ESMA delays MiFID II rules on dark pool caps

The European Securities and Markets Authority (ESMA) has delayed the introduction of new rules on dark pool trading, a key part of its MiFID II initiative.

/Futures and options

SEC and exchanges in spat over surveillance system

A row has broken out between the US capital markets watchdog and a number of exchanges over the plan to impose a new market surveillance system on the US equities and options market.

/Futures and options

HKEx closes iconic trading floor as it goes all-electric

The iconic Trading Hall in the Hong Kong Exchange, which has stood through the 1997 Asia financial crash, SARS and countless boom and busts, has closed for the final time today as it became the latest stock exchange to adopt electronic trading throughout.

/Futures and options

FxPro shelves IPO amid FCA crackdown

Currency trading firm FxPro has abandoned plans for a London stock market flotation as a result of the UK regulator's plan to crackdown on the growing financial spread betting market, according to Sky News

/Futures and options

CFTC Commissioner hails potential of distributed ledger tech for regulators

Policymakers and regulators should adopt a 'do no harm' approach to the use of blockchain technology in financial services, according to Commodity Futures Trading Commission (CFTC) Commissioner J Christopher Giancarlo, who also argues that the distributed ledger could be a boon for watchdogs by improving transparency.

/Futures and options

Nasdaq to pay Deutsche Bourse $1.1bn for ISE

As it moves ahead with a planned LSE merger, Deutsche Bourse has agreed to offload International Securities Exchange (ISE) to Nasdaq for $1.1 billion in cash.

/Futures and options

UK trader arrested over 2010 'flash crash'

A British futures trader has been arrested after US authorities accused him of contributing to the 2010 "flash crash," which saw the S&P 500 index plummet 600 points in minutes, sending shockwaves through the global financial system.

/Futures and options

CME turns down the volume on open outcry trading

It's the end of an era in Chicago as the CME Group announces plans to close most of its open outcry futures trading pits in the summer.

/Futures and options

CME Group to buy Trayport and Fenics from GFI Group

Exchange operator CME Group has agreed a deal to buy the Trayport and Fenics trading technology units from GFI Group in a deal worth around $655 million.

/Futures and options

LME to spend £1m on tech facelift for open-outcry trading floor

The London Metal Exchange is to spend £1 million on new technology to reinvigorate trading on its 137-year old open-outcry dealing floor.

/Futures and options

Europe reaches agreement on MiFID reforms

A comprehensive rewrite of rules governing trading in financial markets has been agreed by the European Parliament and the bloc's Council of Ministers.

/Futures and options

Goldman faces losses over trading system glitch

A computer error at Goldman Sachs saw a wave of erroneous options orders sent out to American exchanges yesterday, and could cost the bank up to $100 million.