Cboe Global Markets and S&P Dow Jones Indices (S&P DJI), announced plans to launch the Cboe S&P 500 Constituent Volatility Index (VIXEQ Index), calculated by Cboe Global Indices. Using an adaptation of Cboe’s proprietary VIX® Index methodology, the VIXEQ Index is designed to measure the market cap weighted 30-day implied volatility of a basket of S&P 500 constituents, as represented by the Cboe S&P 500 Dispersion Basket Index (DSPBX Index). The announcement was made by Cboe and S&P DJI at Cboe’s 39th annual global Risk Management Conference...

J.P. Morgan Asset Management announced an enhancement to its open architecture, short-term investment management platform, Morgan Money, through a strategic partnership with GLMX, a global money market trading platform. Morgan Money clients can now seamlessly access GLMX’s advanced money market trading technology directly on Morgan Money. The integration will broaden short-term investment options and offer a comprehensive suite of money market instruments, including money market funds, repurchase agreements, time deposits, CDs, CP, and government securities.

Interactive Brokers and SNB Capital, a leading broker on the Saudi Exchange and largest investment bank in the Kingdom of Saudi Arabia, have announced a collaboration that will allow eligible international investors to access the Saudi Exchange through the Interactive Brokers platform. With this landmark alliance, Interactive Brokers said it is the first global broker to allow foreign investors to directly own and trade securities listed on the Saudi Exchange. Clients of Interactive Brokers can now invest in Saudi equities alongside global stocks, options, futures, bonds, funds, and...

Beginning November 1, Cboe will transition the EDGA Equities Exchange from an inverted venue to a maker-taker venue. According to a story in Traders Magazine, Cboe will also be implementing a high rebate, tier-free pricing model. In a statement, Oliver Sung, Vice President, Head of North American Equities, Cboe Global Markets, said “We envision EDGA’s simpler pricing model attracting firms who are attracted to a simpler market model. Most importantly, we expect these changes to make EDGA an exchange with faster fill rates, more stable quotes and simpler workflow”.

Pirum, a technology partner for securities finance automation and collateral management that has been at the heart of capital markets for over two decades, announced that it has connected its exposure and collateral management solutions to BNP Paribas’ Securities Services business, a leading global custodian with USD 13.9 trillion in assets under custody, for the benefit of mutual clients.  As a result of the collaboration, mutual clients of BNP Paribas’ Securities Services business Triparty Collateral Services and Pirum now gain automated exposure and collateral management...

The Global Legal Entity Identifier Foundation (GLEIF) announced that E-Arbitrator has been approved as the latest Validation Agent within the Global Legal Entity Identifier (LEI) System. E-Arbitrator becomes the first Validation Agent of Bloomberg Finance LP a GLEI accredited LEI Issuer and a wholly owned subsidiary of Bloomberg LP. E-Arbitrator is an enterprise legal risk management platform for businesses and organizations involved in complex legal transactions and cross-border trade. As a Validation Agent, E-Arbitrator will facilitate LEI issuance for contract management...

Intercontinental Exchange, Inc. announced the launch of a multi-asset class climate transition risk solution, which provides emissions estimates and portfolio analytics across various fixed income asset classes, covering Scope 1, Scope 2 and Scope 3 emissions for municipal bonds, mortgage-backed securities (MBS), and real estate. This new solution, combined with ICE’s existing coverage of sovereign, corporate equity, and private companies, can enable clients to assess and benchmark their financed emissions across a comprehensive range of fixed income asset classes in one integrated...

FIF is pleased to welcome CUSIP Global Services to the FIF Community.

FIF would like to thank Cboe Global Markets for their continued annual partnership in our FIF Chicago event. The event on October 9 featured two informative panels and a great networking session after. We met the same historically high attendance numbers as last year and look forward to building on this in years to come. FIF would also like to thank the moderators and panelists, many of whom had to travel to be there. Thank you again to Chris Boldt of Interactive Brokers, Mark Davies of S3, Jim Dolan of Kezar Trading, Angelo Evangelou of Cboe Global Markets, Ben Londergan of Simplex...