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New contracts cannot yet be traded in US
The Americas derivatives community came together in New York to recognise and celebrate outstanding achievements across the industry
The derivatives market gathered in London on Thursday night to celebrate its leading players
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  • The European financial transaction tax on the purchase and sale of stocks, bond and derivatives could result in an exodus of trading activity—and revenue—from the region, as was the case with similar levies elsewhere in the past.
  • The Lower House of the French Parliament has approved legislation that falls short of measures by the European Union requiring banks to ring fence their proprietary trading and the U.S. Volcker Rule, which bans lenders from engaging in it altogether.
  • The U.S. Federal Trade Commission and the Department of Justice raised no objections the IntercontinentalExchange’s USD8.2 billion proposed takeover of NYSE Euronext.
  • Getting price and risk infrastructures in order is key to sustainable right-risk front office risk taking, according to a new report by Celent.
  • LCH.Clearnet reported that its operating profit soared 89% to EUR127.5 million (USD170.72 million) in 2012, with net revenues rising 224% to EUR426.2 million.
  • Credit Suisse is set to launch open-end tracker certificates on its Allocation based on Risk-Return Optimized Weights Total Return (ARROW) 6% index, and ProNotes on its ARROW Excess Return 6% index in Switzerland.