Exchanges

ASX to launch coal futures on July 7

Australian Securities Exchange (ASX) has received regulatory clearance to launch its physically delivered thermal coal (FOB Newcastle) futures and options contracts on July 7.

Emerging markets sector funds listed on NYSE

Emerging Global Shares has launched two new exchange-traded funds (ETFs) on the Arca platform of the New York Stock Exchange, the first offerings from the provider on NYSE. One fund offers exposure to emerging markets metals and mining, while the other…

CME Group to launch cleared petroleum swaps

CME Group will launch a clearing service for eight new Nymex petroleum swap futures contracts on May 31.The contracts will be cleared through CME Clearport and are expected to appeal to both US and European airline industry for hedging and to the US…

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