Exchanges
CESR publishes responses to the rating of structure finance instruments
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Daiwa launches Japanese sharia compliant ETF
Daiwa Asset Management is to launch a sharia compliant Japanese equity ETF on the Singapore Stock Exchange. The ETF contains the 100 largest constituents by market cap from the FTSE Japan Universe.
MiFID Connect issues further guidance for firms
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Nymex confirms sale talks
Following months of heightened speculation, Nymex Holdings, the parent company of the New York Mercantile Exchange (Nymex) has released a statement confirming it has been in “preliminary” talks to be purchased.
Rabobank launches structured products linked to stock exchanges
Rabobank has launched three structured products linked to the share prices of three Asian stock exchanges: Hong Kong Exchanges and Clearing (HKex), the Singapore Exchange (SGX) and Bursa Malaysia (Bursa).
Mifid Connect issues guidance on suitability checks
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US Futures Exchange to launch weekly binary options
The Chicago-based US Futures Exchange (USFE) will offer weekly binary options, each with nine or more strikes, to let investors take positions on the performance of five assets - crude oil, gasoline, gold, silver and the euro. The contracts are valued at…
Nymex property sale report stokes merger rumours
Speculation that the New York Mercantile Exchange (Nymex) is undergoing merger negotiations with NYSE Euronext has grown following a report that the exchange is looking to sell its lower Manhattan headquarters.
IMF warns against Mifid delays
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LSE launches consultation on changes to its rulebook
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ETF Securities launches six new oil ETCs
ETF Securities (ETFS) has launched six new oil Exchange Traded Commodities (ETCs) on the London Stock Exchange (LSE), offering direct exposure to one, two and three-year oil futures prices in Brent and WTI oil benchmarks.
Court of appeals rules in favor of Ice in Nymex litigation
The United States Court of Appeals for the Second Circuit has ruled in favour of IntercontinentalExchange in its long-running litigation with the New York Mercantile Exchange (Nymex) over the right of market participants to use Nymex settlement prices.
Euronext to launch volatility indexes
Stock exchange Euronext is to launch three volatility indexes to capture implied volatility embedded in option prices. The AEX Volatility Index, the BEL 20 Volatility Index and the CAC 40 Volatility Index can be used as underlyings for structured…
Foreign exchange - Algos a go-go
Structured products
Foreign exchange - Carry on regardless
Carry trade
Collateral concerns
CFXOs
Lufthansa
The German airline group stresses strong communication between those handling the physical and financial sides of the business as paramount to energy price risk management
Rethinking US liberalisation
Citing rising electricity prices, critics of liberalisation have recently managed to convince lawmakers in several US states to rethink policies that ban utilities from owning power plants. Elisa Wood investigates the current state of play
Tales from the sell side
Asia, and in particular China and India, represents the largest source of project-related emissions reduction credits going into the UN's Clean Development Mechanism system. Oliver Holtaway speaks to Asia Carbon Exchange's N Yuvaraj Dinesh Babu about the…
AstraZeneca
Pharmaceutical company AstraZeneca has restructured its supply contracts towards a more flexible model
Weathering risk
Earlier this year, Storm Exchange unveiled its electronic weather exchange, based on 500 proprietary, industry-specific weather indexes serving the over-the-counter markets. David Watkins speaks to David Riker, Storm's president and chief executive,…
Weighing up the options
Mounting domestic environmental issues and worldwide energy security uncertainty are pushing the Chinese government to consider the full gamut of energy options – including renewables. Yue Zhang and Chong Siang Chew of the Institute of Energy Economics,…
Tentative decisions
Private equity has shied away from investment in energy assets in the past. But as Ian Bagshaw and Charles Jacobs, partners at Linklaters, explain, some players are now starting to show an interest
South Korea hedges its bets
Corporate hedging of energy and commodity price risk in South Korea used to be the purview of a handful of large conglomerates. But a recent change in regulation has opened up the door to a whole new tier of potential hedgers. Local banks are now teaming…