September 26, 2017

CurveGlobal celebrates first anniversary

  • Platform building firm foundation – 1.5 million lots traded since launch
  • Over 40% of overall volume achieved in last 3 months
  • Most recent 100,000 lots of volume traded in 8 business days

CurveGlobal, the interest rate derivatives venture launched by London Stock Exchange Group in partnership with a number of major dealer banks* and another exchange, CBOE, today celebrates its first year of operation. The platform has seen 1.5 million lots traded since its launch in September 2016, with over 40% of this achieved in the last 3 months.

Andy Ross, Chief Executive of CurveGlobal said:

“As we celebrate our first year in business, CurveGlobal has already proven itself to be a highly efficient venue for derivatives trading; offering genuine choice and liquidity to the market. As we grow volumes and add participants, CurveGlobal continues to provide much needed competition in the futures markets. Our Open Access platform provides margin and capital efficiencies, giving firms choice into where they execute and clear their interest rate derivatives trades.”

Key Statistics

  • 1.5 million lots traded since launch

  • First 100,000 lots took 41 business days; most recent 100,000 lots was achieved in just 8 business days

  • Over 40% of volume has come in the last 3 months

  • First mid-price block trade was created on 14 September 2017

  • Deep order book liquidity, at-the-touch order size 1000’s of contracts in white/red/green expiries

  • Best Execution under Mifid II – best at-the-touch price on CurveGlobal 94.96% of the time

About LSEG

LSEG (London Stock Exchange Group) is a leading global financial markets infrastructure and data provider, playing a vital social and economic role in the world’s financial system.

With our open approach, trusted expertise and global scale, we enable the sustainable growth and stability of our customers and their communities. We are dedicated partners with extensive experience, deep knowledge and a worldwide presence in data and analytics; indices; capital formation; and trade execution, clearing and risk management across multiple asset classes. 

LSEG is headquartered in the United Kingdom, with significant operations in 70 countries across EMEA, North America, Latin America and Asia Pacific. We employ 23,000 people globally, more than half located in Asia Pacific. LSEG’s ticker symbol is LSEG.

Contact

Media
Ed Clark
+44 (0)20 7797 1222
newsroom@lseg.com