Intercontinental Exchange says its market will be the first in the U.S. to offer futures pairing the dollar with Indian rupees. Also: Thomson Reuters hires a product strategist and Bloomberg adds options quotes to its FXGO platform.
INTERCONTINENTAL EXCHANGE: The exchange operator said it is launching two new cash-settled foreign exchange contracts on ICE Futures U.S. for the trade date of Monday, January 28, 2013.
The contracts pair the U.S. dollar against the Brazil real and the Indian rupee.
The additions mark the “ ignificant and increasing commercial importance of these nations,” according to ICE Futures U.S. Vice President Ray McKenzie. “
ICE Futures said it will be the first U.S. exchange to offer a futures contract on the Indian rupee.
THOMSON REUTERS: The news, information and trading services company has appointed Brian Anderson to be global head of product strategy for its market-places post-trade business.
Anderson will be responsible for the Thomson Reuters transaction network, the Deal Tracker suite, and regulatory reporting and clearing, according to FX Week.
Anderson previously a product manager for electronic trading of currencies at Bloomberg. Before that, he was business development manager at Wall Street Systems.
BLOOMBERG: Customers of its FXGO multi-bank trading service can now trade options on currency movements.
Through a request-for-quote (RFQ) system, users now can request and consolidate pricing from multiple providers for any currency option, the service provider said.
Credit Suisse said it will be one of the initial banks to provide automated options quotes through the system.
FXGO connects 5,400 market participants across 100 countries to liquidity providers.
