TP ICAP, the world’s largest interbroker dealer, today announced that it has acquired ClearCompress Limited, an algorithm-based compression service in cleared and uncleared derivatives that helps its clients achieve cost efficiencies and reduce capital requirements.
In her role, Ms. DeWitt will be responsible for the CFTC’s supervision of derivatives platforms and swap data repositories, including the evaluation of new platform-traded products.
Bloomberg today announced that it now offers U.S. equity benchmark capabilities. The equity offering includes the Bloomberg U.S. Large Cap Index (ticker: B500) as well as growth, value and dividend indices. These benchmarks will serve as the basis for the new Bloomberg SASB ESG Index family, which also includes ESG-weighted versions of the value, growth and dividend indices.
Virtu Financial, Inc. (NASDAQ: VIRT), a leading provider of financial services and products that leverages cutting edge technology to deliver liquidity to the global markets and provide execution services and data, analytics and connectivity products to clients, announced today its release of new transaction cost and market impact models for FX and fixed income, as part of ongoing enhancements to its comprehensive multi-asset class TCA offering.