Tokyo-based Mizuho Bank, Ltd. has settled with the CFTC over allegations that it was involved in “multiple acts of spoofing in a variety of futures contracts” as a means of testing market reactions to certain types of orders. The charges are about instruments based upon U.S. Treasury notes and Eurodollars and transacted via the Chicago… Read More >>
CME Group to Buy NEX Group for $5.5 Billion
Derivatives exchange operator CME Group Inc. is set to acquire NEX Group plc for an estimated $5.5 billion and, if all goes well, the combined provider of transaction processing across futures, cash and over-the-counter (OTC) instruments will be able to offer many post-trade capabilities beyond clearing services. The CME Group encompasses: CME Clearing; the Chicago… Read More >>
