05 September 2016
Reporter: Drew Nicol

BME Clearing sees derivative slump in August

Spanish stock exchange BME Clearing’s derivative market saw an 11 percent drop off in volumes for August, compared to the same time in 2015.

The exchange recorded 27.4 million contracts last month, with contracts trading volumes in IBEX 35 Futures and IBEX Mini Futures reaching 4.7 million and 1.9 million respectively, representing a fall of 6 percent and 15 percent from August 2015.

Options trading volume also fell slightly by 3 percent to hit 12.4 million contracts, along with open interest which dropped by 1.5 percent from the previous year.

Futures trading bucked the trend, however, with stock dividends and futures on IBEX Impact Dividends increasing in the first eight months of the year by 42 percent and a 102 percent respectively.

More swaps news
The latest news from Securities Lending Times
Join Our Newsletter

Sign up today and never
miss the latest news or an issue again

Subscribe now
LCH migrates to new Swiss reference rate
18 October 2017 | Zurich | Reporter: Jenna Lomax
Basler Kantonalbank, Credit Suisse and Zürcher Kantonalbank are due to be among the first financial services to clear using the new rate from December 2017
Tradeweb launches first electronic swaption trade on TW SEF
17 October 2017 | New York | Reporter: Jenna Lomax
The trade, which was executed by asset management firm, Garda Capital, and processed through MarketWire, officially marked the launch of swaptions trading on the TW SEF
Eurex Clearing launches partnership programme
09 October 2017 | Frankfurt | Reporter: Theo Andrew
The programme plans to build a “balanced ecosystem”, responsible for aligning responsibilities and benefits related to economics and governance, bringing “greater choice and transparency” to the market
LCH launches new SwapClear client account
14 August 2017 | London | Reporter: Drew Nicol
J.P. Morgan and Aviva Investors are among the first adopters of this new account type
OneChicago expands futures products
05 July 2017 | Chicago | Reporter: Drew Nicol
The new No Dividend Risk Friday Futures will be available from 24 July 2017
French elections revive European markets
03 May 2017 | Frankfurt | Reporter: Drew Nicol
The first round of the French election prompted rallies in Europe’s beleaguered equities markets, while fixed income also saw sharp corrections, according to Eurex
Eurex secures KfW as IRS clearing client
05 April 2017 | Frankfurt | Reporter: Drew Nicol
German government-owned investment bank KfW has looked to Eurex Clearing for IRS clearing services