LCH, a leading global clearing house, today announced that it has cleared the first Euro interest rate swaps referencing the Euro short-term rate (€STR). LBBW and Morgan Stanley were among the first participants to clear derivatives using the new rate, first published on 2 October 2019.
We would like to inform you about upcoming changes in some Eurex Liquidity Provider reports, which are scheduled for an implementation in December 2019.
Tradeweb Markets Inc. (Nasdaq: TW), a leading, global operator of electronic marketplaces for rates, credit, equities and money markets, today announced the pricing of its follow-on offering of 17,287,878 shares of its Class A common stock at a price to the public of $42.00 per share. In addition, the underwriters have a 30-day option to purchase up to an additional 2,593,181 shares of Class A common stock at the public offering price, less the underwriting discounts and commissions. The closing of the offering is expected to occur on October 22, 2019, subject to satisfaction of customary closing conditions.
Strong Q3 performance across all parts of the Group – LCH continues to grow strongly in OTC products; FTSE Russell performing well with growth in subscription revenues
Former House Financial Services Committee chair to help Center for Financial Markets efforts to facilitate the smooth and efficient operation of financial markets