CME Group
CME to launch renminbi futures in August
The Chicago Mercantile Exchange (CME) is to launch futures and options on futures on renminbi exchange rates against the US dollar, euro and the yen. The contracts will begin trading on August 27, CME officials told reporters at the opening of the CME…
CME and China’s Cfets push for link-up
Officials from the Chicago Mercantile Exchange (CME) and the China Foreign Exchange Trade System (Cfets) have unveiled plans for a multi-year agreement in Shanghai to allow Chinese investors to trade CME’s foreign exchange and interest rate products.
S&P to adopt Case-Shiller housing indexes for CME derivatives
Standards & Poor’s (S&P) plans to offer housing indexes, which will provide the basis for the Chicago Mercantile Exchange’s (CME) new breed of property derivatives.
CME launches snow derivatives
The Chicago Mercantile Exchange (CME) will list snowfall futures and options from February 26 on its Globex electronic trading platform.
CME names new business development chief
The Chicago Mercantile Exchange (CME) has named John Davidson as chief corporate development officer.
CME hires Wong to head Asian office
The Chicago Mercantile Exchange has hired CF Wong, previously in charge of ABN Amro's Asian futures operation, to head its Asian office in Tokyo.
McKenzie leaves CME to return to Morgan Stanley
Morgan Stanley has hired Ray McKenzie, previously a director of foreign exchange products at the Chicago Mercantile Exchange (CME), as an executive director in its futures business in New York.
Five market-makers back CME eurozone inflation futures
Barclays Capital, Ixis Corporate and Investment Bank, Lehman Brothers, Nomura International and the Royal Bank of Scotland have all agreed to become market-makers for the Chicago Mercantile Exchange’s (CME) new eurozone inflation futures contract. The…
CME to launch European HICP inflation futures
The Chicago Mercantile Exchange is set to launch a European inflation futures contract based on the eurozone harmonised index of consumer prices (HICP), excluding tobacco, an annual inflation measure published by Eurostat, on September 19. The contracts…
CME trading volume and profits grow
The Chicago Mercantile Exchange (CME) saw record trading volume in the second quarter of this year, up 33% from the same period in 2004, and reported profits well above 2004 levels.
CBOT receives merger bids
With an initial public offering (IPO) due in the next few months, the Chicago Board of Trade has received several merger bids from an unnamed source.
CME expands weather trading
The Chicago Mercantile Exchange (CME) will add weather derivatives contracts based on data from seven additional cities on June 20. From then, the exchange will list monthly and seasonal contracts based on weather data from 29 cities in Europe, Japan and…
Private bankers buying more FX-linked structured products
Private bankers are buying an increasing number of structured products linked to currency movements in a bid to provide more attractive yields to their clients.
CME opts for European-style options
The Chicago Mercantile Exchange (CME) is converting all its standard equity index options from American to European-style options.
CME hires ex-UBS executive
The Chicago Mercantile Exchange (CME) has appointed Michael Kobida as director of financial management at the CME Clearing House for futures contracts, reports RiskNews' sister publication, Dealng With Technology .
Foley to launch Gelber foreign exchange desk
Bank One's former forex options chief Justin Foley is joining Gelber Trading, a division of Chicago-based trading firm Gelber Group, to set up a new foreign exchange desk in September, according to RiskNews’ sister publication, FX Week .
CME to convert equity index options to European-style expiration
The Chicago Mercantile Exchange has said it will convert all its equity index options to European-style expiration by the end of the year as part of an aggressive growth strategy.
Shanghai Futures Exchange signs MoU with Nymex
The Shanghai Futures Exchange (SHFE) has signed a memorandum of understanding (MoU) with the New York Mercantile Exchange (Nymex) to explore potential areas of cooperation for the mutual benefit of both exchanges.
Tiffe ponders weather derivatives contracts
The Tokyo International Financial Futures Exchange (Tiffe) plans to list Japanese weather contracts, and is in talks with several parties over the contract details and marketing processes, a Tiffe official said.
CME to launch Japanese weather derivatives contracts
The Chicago Mercantile Exchange (CME) will launch Tokyo and Osaka weather derivatives contracts on July 26, the first of such contracts to serve an Asian market.
CME appoints lead market-maker for fertiliser futures
The Chicago Mercantile Exchange (CME) has named Agriliance as the lead market-maker for the exchange’s new fertiliser contracts traded on Globex, the exchange’s electronic trading platform.
CME’s Falsafi promoted
The Chicago Mercantile Exchange’s (CME) Arman Falsafi has been promoted to managing director for Europe and Asia. Previously, she was head of Globex, the exchange’s electronic trading platform.
Competition up in US futures, but Eurex to struggle, says report
The entrance of Eurex to the US futures industry has improved the quality of the market, according to research company Celent.
Rivals gear up for forex clearing
The stage is set for a central counterparty clearing (CCP) system for foreign exchange as two potential providers moved their plans forward last week, reports RiskNews' sister publication, FX Week .