GMEX Group (GMEX) and the Digital Asset Group (DAG) are forming a joint venture (JV) intended to create a bridge between disruptive technologies such as blockchain/distributed ledgers and artificial intelligence (AI) and the practices of regulated banking, finance and trading exchanges. DAG and GMEX via their joint venture will develop “high impact blockchain and crypto… Read More >>
GMEX’s IRS CMF Contracts to Launch Next Month
Financial conglomerate Global Markets Exchange Group (GMEX) will begin providing a Euro-denominated, constant maturity interest rate swaps, dubbed the IRS Constant Maturity Future (CMF) contracts, for trading and clearing on Eurex, starting August 7, officials say. Constant maturity swaps are a variation of interest rate swaps for which the floating interest portion is reset periodically… Read More >>
Ex-Deriv/Serv CEO to Join GMEX Boards
Sandy Broderick has been appointed as a non-executive director to the boards of GMEX Technologies Ltd.; Global Markets Exchange Group Ltd. (GMEX) which operates GMEX Exchange; and Global Derivatives Indices Ltd. (GDI), officials say. Broderick will also serve as chairman of GMEX. Broderick most recently served as CEO of DTCC’s Deriv/Serv, capping 25 years of… Read More >>
SocGen CIB Acquires Stake in GMEX
Societe Generale Prime Services – formerly Newedge – reports that it has acquired a minority stake in Global Markets Exchange Group International (GMEX Group). The Societe Generale investment follows the recent taking of a minority stake in GMEX Group by Deutsche Börse Group. Societe Generale “plans to provide execution and clearing services for clients trading… Read More >>
