Canada’s Montreal Exchange will open a telecommunications hub in London before the end of March, Luc Bertrand, the exchange’s chief executive, said this week. This would enable UK-based traders to gain direct access to its electronic platform.
He said the hub was being tested this week, but he hoped it would be fully functional some time in June.The Financial Services Authority authorised UK brokers to have direct access to the Montreal trading system in 2002. Since then, connection to the exchange could be obtained through a number of brokers, including Man Financial and Wolverine Trading.
“UK-based investors represent a major and growing source of activity on our market, and the new hub will greatly ease the trading of Canadian financial derivatives offered by the Montreal Exchange,” said Bertrand.
Topics: Montreal Exchange, Luc Bertrand, Wolverine Trading, Exchanges, Man Group
|
More on |
Exchanges |
Get similar articles delivered to your inbox
Related media
- Flexible technology needed to respond to regulatory change, says Fincad
- Extraterritoriality, uncleared margin and futurisation – Isda on OTC derivatives reform
- Work with Risk and you will be mobilising the multi-media platform of our company, Incisive Media
- Sponsored video: Regulatory impact on collateral
Most read
Whitepapers
Related conferences
-
Risk OTC Derivatives Clearing Summit
USA, 5th Jun 2013
-
Quant Congress Europe
UK, 12th Jun 2013
-
Risk and Return Brasil - Portuguese
Brazil, 12th Jun 2013
Related training
-
Nexus-Risk Training
Canada, 21st - 16th Oct 2013
-
Active Risk Management in the Treasury
USA, 29th - 30th May 2013
-
Active Risk Management in the Treasury
UK, 5th - 6th Jun 2013
Comments
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.
Updating your subscription status 
Risk IPad Apps
Email alerts
Weekly poll
Using market and credit risk analytics to strengthen performance
This white paper reviews the various steps banks are taking to improve their risk management techniques.
How financial services need to consider their IT infrastructure
The global credit crisis exposed the weaknesses inherent in the risk management and IT infrastructures employed by banks.
Related Jobs
Comment on this article