CFTC Chair Behnam to Step Down Amid Regulatory Transition - The DESK
Rostin Behnam, chairman of the Commodity Futures Trading Commission, has announced his departure after steering the agency through a transformative period in digital and derivative asset regulation as well as market oversight. Behnam, who will leave his position on January 20 with his final day at the commission set for February 7, led the CFTC […]
Derivatives Trading and Innovation “Stays Hot”
Derivatives exchanges have reported record volumes for 2024 and demand is set to continue. The industry is investing in post-trade infrastructure to ensure growth is not hampered by inefficiencies and unnecessary operational risk. Demand for derivative products seems “insatiable” as futures tracking interest rates and equity markets saw record volumes in 2024 according to consultancy […]
Number of Traded Contracts Increase 9% at Eurex
Full year and December 2024 figures at Eurex The number of traded contracts at Eurex for the full year of 2024 increased by 9 percent to over 2 billion traded contracts, while December volumes remained nearly unchanged year-on-year. Interest rate derivatives recorded the highest growth in 2024 with up 26 percent year-on-year followed by equity […]
© (Chris Ratcliffe/EPA/FT Fotoware)Portfolio managers at Fidelity use derivatives to hedge currency exposure, take short positions, or for gearing within a closed-ended fund
While there are funds that say they use, or may use, derivatives, it can sometimes be difficult to ascertain much about how the asset class is actually used. Many people think the main purpose of derivatives is to “juice” returns by seeking riskier opportunities than conventional assets can deliver, says Tom May, chief investment officer […]
Backpack Exchange is set to expand its presence in the European Union (E.U.) cryptocurrency market, following its acquisition of FTX EU. The deal, approved by the Cyprus Securities and Exchange Commission (CySEC) and the FTX bankruptcy court, enables Backpack to relaunch the MiFID II-licensed entity as Backpack EU, with plans to offer a full suite […]
Derivatives, Legislative and Regulatory Weekly Update (January 3, 2025)
Client Alert | January 3, 2025 From the Derivatives Practice Group: Happy New Year! In late 2024, ISDA released the first version of the Equity Derivatives Clause Library. Not surprisingly, the regulatory agencies were quiet over the holidays. New Developments Customer Advisory: Avoiding Fraud May be Your Best Resolution. A new CFTC customer advisory suggests adding “spotting scams” to […]
Backpack Exchange CEO Armani Ferrante (Coral)
FTX EU, the European arm of Sam Bankman Fried’s now-bankrupt cryptocurrency trading empire, has been sold to Backpack Exchange, a crypto trading company founded by former Alameda Research and FTX employees. FTX EU, which held a MiFID II-license under the Cyprus Securities and Exchange Commission (CySEC), cost Backpack $32.7 million, the exchange said. Backpack’s new […]
United States Pyridine and Pyridine Derivatives Markets,
Dublin, Jan. 06, 2025 (GLOBE NEWSWIRE) — The “United States Pyridine and Pyridine Derivatives Market, By Region, Competition, Forecast and Opportunities, 2019-2029F” report has been added to ResearchAndMarkets.com’s offering. The United States Pyridine and Pyridine Derivatives Market was valued at USD 149.73 Million in 2023, and is expected to reach USD 204.45 Million by 2029, […]
Table 1 Physical and analytical data of compounds (6–15).
4,6-Dimethylpyrimidine-2-thiol hydrochloride (1) was synthesized by a reaction of thiourea with acetylacetone catalyzed by conc. HCl [6]. Benzoylation of compound 1 with derivatives of benzoyl chloride [6] gave pyrimidine benzothioate derivatives (2–5). Sulfoxidation of compounds 2–5 by hydrogen peroxide and glacial acetic acid gave derivatives of pyrimidine sulfonyl methanone (6–9) (Fig. 1). Fig. 1 Sulfoxidation of […]
CFTC Approves Eurex Dividend Options
CFTC approval for dividend options is another milestone in Eurex’s ambition to expand its global reach. As of 6 January, EURO STOXX 50® Index Dividend Options and EURO STOXX® Banks Index Dividend Options can be directly traded from the U.S. Eurex’s dividend segment continues to grow with another volume record in 2024. Eurex reached another […]
