archiveCME Group

Investing

BrokerTec Introduces Repo Trading as a Spread to €STR

LONDON, Oct. 6, 2023 /PRNewswire/ -- BrokerTec, a leading provider of electronic trading platforms and technology services in fixed income markets, today announced a range of new opportunities to trade European repo as a spread to the Euro Short-Term Rate (€STR). The new functionality offers more flexibility to clients, with efficient hedging for term repo trading in a fluctuating interest rate environment. Clients can clear the trades with LCH RepoClear SA. "In today's uncertain interest rate environment, clients are seeking new tools to trade term repo," said John Edwards, Global...
Cryptocurrency

CME Group and CF Benchmarks to Launch Three New Metaverse Reference Rates and Real-Time Indices on January 30

CHICAGO and LONDON, Jan. 5, 2023 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, and CF Benchmarks, the leading provider of cryptocurrency benchmark indices, today announced plans to launch three new Metaverse reference rates and real-time indices, which will be calculated and published daily by CF Benchmarks, beginning January 30. These reference rates and indices are not tradable futures products. They include the following: Axie Infinity (AXS) Chiliz (CHZ) Decentraland (MANA) "As we continue to see a rising interest in Metaverse projects, CME Group, in partnership with CF Benchmarks,...