NEW YORK: After receiving approval from the Commodity Futures Trading Commission (CFTC), the Cantor Financial Futures Exchange (CFFE) electronic trading system for US Treasury bond futures went live last Tuesday. The launch allowed Cantor to display CFFE-generated futures prices alongside its cash Treasury prices--distributed via its Speed Screen network and Bridge Information Systems' Telerate unit-- for the first time.
Meanwhile, the rival Chicago Board Brokerage set a launch date of Sept.
James talks about his trip to Chicago and some of the interesting topics that came up (including a look at disaster recovery demands). Then Anthony and James touch on ISDA's initial margin rules, with Phase 3 going live next year.Subscribe to Weekly Wrap emails