October

Central clearing: reducing the world’s risk 06 October 2009

The collapse of Lehman Brothers a year ago has given the derivatives market a hard shove in the direction of central counterparty clearing. That has opened up great opportunities for CCPs – but also given them some tough challenges, like competing to clear CDS when the investment banks seem to have opted in a herd for one provider. But Kim Taylor, president of CME Clearing House, tells Colin Packham she is confident CME will thrive in the newly competitive world of clearing.

July

Tom Kloet explains TMX's Sola-powered growth 20 July 2009

When the Boston Options Exchange and London Stock Exchange’s EDX wanted a new matching engine, they turned to Sola, a system built by TMX Group. The result: TMX owns stakes in both exchanges. But as Tom Kloet, the Canadian exchange group’s CEO, tells Colin Packham, that is not the only winner in his hand. Canada’s options market has hardly begun and, with the regulators sympathetic, there is everything to play for. And Kloet even has a word of advice for the regulators on central clearing.

Prague Energy Exchange’s big plans to be central Europe’s power hub 20 July 2009

The head of the world’s fastest growing exchange in 2008 is anything but boastful. Yet as the Prague Energy Exchange’s David Kucera tells Agnieszka Troszkiewicz, the PXE hopes to be the nucleus of a regionwide electricity trading network.

January

McNulty and Callahan: rolling out the business 05 January 2009

NYSE Euronext picked industry veterans Jim McNulty and Tom Callahan to head up its new futures exchange NYSE Liffe. Here the two outline their strategy and thinking to Jim Kharouf.