NYSE Liffe US to launch interest rate futures
A day after the Securities and Exchange Commission approved a ``one-pot'' cross-margining arrangement between cash fixed income positions cleared by the Depository Trust & Clearing Corporation's Fixed Income Clearing Corporation subsidiary and interest rate futures positions cleared by New York Portfolio Clearing, NYSE Liffe US announced that it would launch interest rate futures on March 21.
After the successful launch of currency futures, interest rates futures are expected to be launched shortly, said Sebi executive director, RK Nair on December 5, while inaugurating the MCX-SX website in Hindi and Gujarati for currency derivatives, reports Business Standard.