Enhancements are meant to increase market transparency and establish a new approach to liquidity stress testing.
CEO Lee Olesky says "our clients want to do more electronically."
This will aid the transition from LIBOR by providing a rate based on overnight indexed swaps.
There are less than six months before the end of the transition period.
The contracts expand the coverage of underlying assets to the rest of Asia and beyond.
Closing auction is one of most important daily liquidity and price formation events in European equities.
Third-country benchmarks that are widely used in the EU could become unavailable.
The trading platform has onboarded 2012 investors from 33 jurisdictions.
The not-for-profit initiative will make it easier to ensure funds are comparable and clear about costs.
