Exchanges
Broken joints
Rating Agencies
US traders win tax break on Ice Futures
Ice Futures, the UK-regulated subsidiary of Atlanta-based IntercontinentalExchange (Ice), is to be allowed the same tax treatment afforded to contracts traded on US futures exchanges from April 1.
Nymex partners Ardour for alternative energy index futures and options
The New York Mercantile Exchange (Nymex) has signed an agreement with Ardour Global Indexes, a developer of benchmark indexes for the global alternative energy industry, to introduce alternative energy index futures and options contracts.
War of words escalates in Cbot battle
A week after IntercontinentalExchange (ICE) announced its audacious $10 billion attempt to prise the Chicago Board of Trade from their grip, Chicago Mercantile Exchange executives gathered in Chicago to pour scorn on the proposal.
Canara Bank of India and Robeco to launch asset management venture
Canara Bank of India, and asset manager Robeco of the Netherlands, are to set up a joint asset management venture in India. The joint venture, Canara Robeco Asset Management, which is still subject to regulatory approval, aims to offer mutual funds,…
CBOE, CME and Eurex race to launch first exchange-traded credit derivatives
The Chicago Mercantile Exchange has announced its credit index event contracts will start trading on May 6, subject to regulatory approval, making them the first exchange-traded contract on a US credit derivative index.
ICE proposes $10 billion merger with CBOT
The IntercontinentalExchange (ICE) has made a proposal to the Chicago Board of Trade to combine the two companies in a stock-for-stock transaction that would create the world’s most comprehensive derivatives exchange, ICE announced today.
Ice announces bid to merge with CBOT
The Atlanta-based Intercontinental Exchange (Ice) is bidding to merge with the Chicago Board of Trade (CBOT), in an all-share deal valuing the Chicago exchange at $9.9 billion.
Merc and Hong Kong move on China index futures
The Chicago Mercantile Exchange (CME) will launch a US dollar-denominated futures contract based on the FTSE/Xinhua China 25 index on May 20, CME executives said in Hong Kong on Wednesday.
Nybot financial futures to launch electronically in April
The New York Board of Trade’s (Nybot) financial futures contracts will be rolled out electronically during April, according to its parent company, the Atlanta-based Intercontinental Exchange (Ice).
Powernext to launch spot contract for CERs
French energy exchange Powernext and financial institution Caisse des Dépôts are working together to launch the first exchange-traded spot contract for certified emissions reduction (CER) credits
Shedding shackles
The expected approval of new financial rules in Korea in the coming months should liberate the country's financial markets and bolster financial efficiency. But domestic banks are far from happy.
Singapore stakes its claim
The lion city is pushing for a slice of the fast growing Islamic finance market - a move that may put it on a collision course with its more established peers, notably Malaysia.
Reuters launches new Mifid package
Reuters has launched a package of measures to help clients to comply with Mifid.
CME to launch new weather derivatives
The Chicago Mercantile Exchange (CME) is to expand its range of weather derivatives with the launch of its Weekly Weather Index futures and options, beginning April 2.
ICE announces new futures timeline
IntercontinentalExchange (ICE) has announced it will launch electronically traded New York Board of Trade (Nybot) financial futures contracts in April.
CME launches weekly weather derivatives
The Chicago Mercantile Exchange (CME) will launch futures and options on a weekly weather index of 18 US cities from April 2.
Stock index futures in China aimed at H1 2007
China could start trading stock index futures in the first half of 2007, according to Fan Fuchun, vice-chairman of the China Securities Regulatory Commission.
Equiduct out with best execution white paper
Equiduct out with Mifid White Paper.
TSX and ISE to set up new Canadian derivatives exchange
Toronto Stock Exchange operator TSX Group and the New York-based International Securities Exchange (ISE) will jointly launch a new Canadian derivatives exchange in 2009.
NYSE struggles to implement Reg NMS on time
The New York Stock Exchange (NYSE) has failed to fully comply with the trading phase of Regulation National Market System (Reg NMS), which came into force yesterday.
Working group to set up diamond derivatives
After a meeting with the International Swaps and Derivatives Association, UK-based cut diamond market data provider Polished Prices is putting together a working group aimed at creating a market in diamond derivatives.
Tokyo hit hard by US sell-off
The Tokyo Stock Exchange suspended trading of its Topix Index futures for 15 minutes on Wednesday morning, to slow down the panic selling of stocks after the previous night’s sell-off in New York.
Hanging in the balance
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