CME Group news from FierceFinanceIT

Does the sheer volume of information exchange really mean anything? You bet it does. Market data appliance company Exegy is working with Essex Radez, a direct exchange and co-location services firm,... Read more...

The CME has come storming into the credit derivatives central clearing market in a big way. Last week, we noted the exciting development that it had inked deals with a host of dealers and, perhaps... Read more...

Clearing credit derivatives has been a huge issue as of late, and for a while there, it seemed as if the industry was on the verge of real competition in a new field: CDS clearing. A host of... Read more...

Does the CME Group have a chance in the nascent CDS clearing market? It certainly remains the underdog. The IntercontinentalExchange, known as ICE, has leaped out of the gate to a big advantage. It... Read more...

This is hardly surprising. The CME Group and Citadel have abandoned their plans for a credit default swaps exchange services. Clearly, the big Wall Street dealers that dominate the CDS order flow... Read more...

Depending on how it works out in Washington, the carbon market could be given a big boost. That just might create some opportunities for big investment banks as well as exchanges. The CME--which has... Read more...

The Intercontinental Exchange took a step toward setting up a central clearinghouse for credit default swaps when it received approval from the New York State Banking operations. This paves the way... Read more...

Recall that the NYSE launched NYSE Liffe in September, aiming to challenge the CME's dominance in futures. NYSE Liffe has made some key hires and plans to start trading more products soon. Currently,... Read more...

As Wall Street aims for automated clearing and settling of credit default swap trades, most of the attention has been on competing platforms offered by CME-Citadel and the ICE/Clearing Corp. But... Read more...

We've noted recently that some people thought a CDS clearinghouse could be launched as early as this month. The Fed, the SEC and the CFTC certainly want to make this happen. They just signed an... Read more...