LME to upgrade electronic trading system after complaints

Hong Kong Exchange (HKEX): London Metal Exchange (LME) to upgrade its electronic trading system after complaints about outages and poor functionality. LME is already in the process of cutting some fees and reducing rents on metal storage. Reported by Reuters.
 
ICE and Go West , a consortium of leading global trading firms collaborating to create efficient access to global financial markets, will offer ultra-low latency wireless connectivity between markets in Chicago and Tokyo
 
LSE: LCH's SwapAgent service for the non-cleared derivatives market has processed its first trades. Citi and Deutsche Bank were the counterparties to the Swiss Franc-denominated interest rate swap and Euro-denominated inflation swap. The trades were processed through MarkitSERV.
 
LSE: LCH will expand the range of NDFs it is now covering and plans to start clearing of G10 FX options by year end
 
TMX: Canadian Derivatives Clearing Corporation (CDCC) proposed to expand its fixed income service to enable certain Canadian buy-side firms to clear cash or repos trades directly through CDCC.
 
NZX named Joanna Lawn as Head of Listings. Joanna Lawn held a number of senior roles in the Institutional Banking division of ANZ.
 
Oslo SE (OSE) and SE of Thailand (SET) signed an MoU to synergize efforts on capital market development and business opportunities between the two countries, including listing, trading, products and services development, roadshow and information sharing.
 
SE of Thailand (SET) and Chittagong Stock Exchange (CSE) renewed their MoU, to continue the co-operation between the two exchanges.
 
LSE purchased 61k shares at 3,866 per share. LSE has 3.32m shares held in treasury.
 
LiquidMetrix hired Chris Sparrow as new director of trading and analytics to develop its trading and best execution analysis services. Sparrow joins from TMX.
 
Brexit: France wants EU regulators to have a veto power over euro denominated transactions in UK; according to Reuters.
 
WFE elected eight Directors of the Board, including Wu Qing as Chairman; and Gilson Finkelsztain, Sandy Frucher, Chung Kong Chow, Loh Boon Chye, Rashid bin Ali Al Mansoori, Khalid Abdullah Al Hussan and Sunil Benimadhu as Directors.