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News in brief: Standard Chartered appoints Simon Brookhouse as global head of equities


ELX changes fee structureELX Futures has brought in a one tier fee schedule for its Eurodollar Futures. The bundled fee will be $0.18 a contract. The Eurodollar Futures were recently listed on ELX, whose main product is US Treasury Futures.With the new structure there are no average daily volume requirements or fee surcharges for block trades, EFRPs, errors or give-ups.Neal Wolkoff, ELX’s chief executive, said in a statement: “ELX is constantly finding ways to improve pricing power for our market...

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