Nasdaq OMX Launches Derivatives Venue NLX
NLX is to offer market participants the ability to trade on a range of both short-term interest rates and long-term interest rates euro- and sterling-denominated listed derivative products. Trades will be cleared through LCH.Clearnet.
"We have put in place a strong group of participants for the launch of NLX from leading organisations in the market," says Charlotte Crosswell, CEO at NLX, in a press statement. "As we see regulation in EMIR, Mifid II, Dodd-Frank and Basel III become a reality; we are keen to support our clients and their customers with solutions that create greater efficiency and opportunities in their trading and clearing activities."
Nasdaq OMX Group also announced yesterday it has lined up a wide range of banks and trading firms to contribute to open interest on the market.
Key participants will include BNP Paribas, Citi, GH Financials Ltd, Nomura, RBS, DRW Trading Group, Financial Market Engineering Ltd, Getco Europe Ltd, The Kyte Group Ltd, Marex Financial Ltd, MET Traders Ltd, Newedge, OSTC Ltd and Tower Trading Group Ltd.
Representatives from Nasdaq OMX did not respond to repeated requests for comment.
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@waterstechnology.com or view our subscription options here: https://subscriptions.waterstechnology.com/subscribe
You are currently unable to print this content. Please contact info@waterstechnology.com to find out more.
You are currently unable to copy this content. Please contact info@waterstechnology.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@waterstechnology.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@waterstechnology.com
More on Trading Tech
Editor’s Picks: Our best from 2025
Anthony Malakian picks out 10 stories from the past 12 months that set the stage for the new year.
The next phase of AI in capital markets: from generative to agentic
A look at some of the more interesting projects involving advanced forms of AI from the past year.
Will overnight trading in equity markets expand next year? It’s complicated.
The potential for expanded overnight trading in US equity markets sparked debate this year, whether people liked it or not.
WatersTechnology latest edition
Check out our latest edition, plus more than 13 years of our best content.
The total portfolio approach gains momentum: Building the right tech foundation for success
The rationale for the TPA, and the crucial role technology plays in enabling such an approach
Google, CME say they’ve proved cloud can support HFT—now what?
After demonstrating in September that ultra-low-latency trading can be facilitated in the cloud, the exchange and tech giant are hoping to see barriers to entry come down.
Institutional priorities in multi-asset investing
Private markets, broader exposures and the race for integration
BlackRock and AccessFintech partner, LSEG collabs with OpenAI, Apex launches Pisces service, and more
The Waters Cooler: CJC launches MDC service, Centreon secures Sixth Street investment, UK bond CT update, and more in this week’s news roundup.
