Exchanges
OTC derivatives exposure-management service to launch
Daily news headlines
Crude oil futures pass $80
West Texas Intermediate for October delivery closed at $80.09 a barrel in trading on the New York Mercantile Exchange Thursday, driven by continued concern about a report from the US Department of Energy showing that US crude inventory had fallen for the…
CME to offer clearing for ethanol basis swaps
Chicago Mercantile Exchange (CME) will offer clearing for over-the-counter (OTC) ethanol basis swaps from October 5. The service will offer centralised clearing, including daily mark-to-market margining and reduced counterparty risk, to the biofuels and…
CBOE and Taifex sign MOU
The Chicago Board Options Exchange (CBOE) and the Taiwan Futures Exchange (Taifex) signed a memorandum of understanding (MOU) on September 6 on the sharing of information for the development of options and other derivatives products.
Van Eck Moo-ves into agribusiness with new ETF
Van Eck Global has launched a new agribusiness ETF on the American Stock Exchange. The fund, titled Moo, was created by the New York-based asset consultancy and has been designed to mirror the performance of the DAXglobal Agribusiness Index (DXAG), which…
Liffe lists JP Morgan index future on Bclear
JP Morgan and London-based derivatives exchange Liffe are pairing to launch a bespoke index future on Liffe's Bclear platform on September 10.
GCC banks behind on Basel II requirements
Daily news headlines
Launch fatigue
Exchanges
Whither the benchmark?
Benchmarks
Rocks and hard places
Despite the environmental, political and infrastructure challenges faced by US coal, some believe high-sulphur grades could soon be back in fashion. David Watkins investigates
A new coal agreement
The ISDA Coal Annex allows market participants to combine physical coal trades and coal derivatives under a single trading agreement. Lauren Teigland-Hunt says this development should improve liquidity in the global coal market
Head in the sand
There is still scepticism among energy market participants around Mifid. Some believe they are exempt, while many more are waiting to see what others will do. In view of the significant changes Mifid will make to the energy markets, these are not the…
The Big Interview: Joseph Mason
The Big Interview
Now what for the credit market?
As confusion reigns in the global credit markets, we asked four top investment banks to put their cards on the table, and publish their medium-term outlooks. Report by Nikki Marmery
A question of timing
Features
Boomer benefits
SPA News
Italy's forza strutturata
Profile
Volatility in vogue
Cover story
The Parthenon freeze
Pensions