Derivatives trading on RTS’ futures and options division, FORTS, soared to a new record on 20 November. Volume reached 409,476 contracts surpassing the previous high of 362,247 contracts set just seven days prior on 13 November.
National Futures Association’s board of directors has approved the reduction in its assignments fee. The board considered a recommended reduction of its assessment fee to $0.01 per side from $0.02 per side for futures and options in its 15 November meeting. If approved by both the board and Commodity Futures Trading Commission, the changes will become effective on 1 January.
ICE Futures US will implement a Trade At Settlement (TAS) capability in the ICE electronic trading system for cotton No. 2 and FCOJ-A futures contract months from 14 December. Orders to buy or sell a futures contract at the settlement price can be submitted at the start...