CME Group
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 .
Snow hails CME's China deal
The Chicago Mercantile Exchange (CME) has forged a ground- breaking deal with a central bank-sponsored foreign exchange trading platform in China, in a move hailed by US government officials as a crucial step towards renminbi flexibility, reports…
Shanghai Futures Exchange signs MoU with LME
The Shanghai Futures Exchange (SHFE) signed a memorandum of understanding with the London Metal Exchange (LME) today.
CME to offer electronic forex trading through Reuters terminals
Reuters customers will have direct access to the professional interbank foreign exchange markets via the Chicago Mercantile Exchange’s (CME) electronic trading platform, Globex, later this year.
OneChicago hires project co-ordinator
OneChicago, the joint venture between the Chicago Board of Trade, the Chicago Mercantile Exchange (CME) and the Chicago Board Options Exchange (CBOE) to trade single-stock futures, has hired Mark Esposito as a project co-ordinator.
Icap enters electronic futures fray
UK-based interdealer broker Icap will start electronic trading of exchange-listed futures contracts on its BrokerTec platform by the beginning of the fourth quarter, said Icap officials, reports Risknews’ sister publication, Trading Technology Week .
A fertile future
The CME is hoping its introduction of fertiliser futures will protect the industryfrom fluctuations in the price of natural gas – a vital ingredient in mostnitrogen fertilisers. But is it a case of too little too late? By Paul Lyon
UBS executes Bloomberg futures trades
UBS Investment Bank has become the exclusive executing broker for Bloomberg's Tradebook alternative trading system on the Chicago Board of Trade, Chicago Mercantile Exchange, Eurex and Euronext.liffe futures exchanges, reports Risknews’ sister…
CME & Tullett to launch matching and clearing system
The Chicago Mercantile Exchange (CME) is to team up with UK-based broker Tullett Liberty to introduce an electronic trade-matching system. It will provide traders with integrated trading and clearing of exchange-listed products with forward rate…
CME takes aggressive measures to promote electronic trading
The Chicago Mercantile Exchange (CME) has announced a number of initiatives designed to facilitate a shift of trading of its Eurodollar futures contracts away from traditional open outcry to electronic trading on its Globex platform.
Eurex gains CFTC approval for US derivatives exchange
Eurex will launch its US-regulated derivatives market, Eurex US, on February 8, following approval from US regulator the Commodity Futures Trading Commission (CFTC) today.
Nikkei 225 futures to list on Globex and CME-SGX trading link
The Singapore Exchange’s (SGX) yen-denominated Nikkei 225 futures contracts will be traded on the Chicago Mercantile Exchange’s Globex electronic trading platform, as well as on the two exchanges’ Mutual Offset trading link, as of February 23.
CBOT settles ownership dispute
The Chicago Board of Trade has agreed to settle a lawsuit over minority members’ ownership rights, paving the way for proposed restructuring of the US futures exchange into a for-profit company.