RBC Becomes EBS Direct’s First Canadian Liquidity Provider
EBS, Icap’s electronic FX business, announced that its growth in Commonwealth currencies will be further strengthened with the addition of Royal Bank of Canada (RBC) as the first Canadian liquidity provider (LP) on the EBS Direct platform. This brings the total number of LPs on EBS Direct to 19.
Barclay CTA Index Gains 3.41% in January; Currency Traders Up 4.11% in First Month of 2015
Managed futures traders got off to a fast start in 2015, with a 3.41% gain in January, according to the Barclay CTA Index compiled by BarclayHedge.
HKFE Announces Revised Margins for Futures Contracts
Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that, with effect from the commencement of trading on 2 March, the minimum margins to be collected by an exchange participant from its clients in respect of their dealings in the following futures contracts will be changed.
LCH.Clearnet Group Board Changes
LCH.Clearnet Group announced that Professor Lex Hoogduin will succeed Jacques Aigrain as chairman of LCH.Clearnet Group Board and LCH.Clearnet Board.