Exchanges
CME to list European weather contracts; jettisons weatherXchange plan
The Chicago Mercantile exchange (CME) will begin to offer European weather derivatives, referenced on five cities’ temperatures, from October 3.
Sydney Futures Exchange to introduce New Zealand equity derivatives
The Sydney Futures Exchange (SFE) has signed an agreement with the New Zealand Exchange (NZX) to develop New Zealand equity derivatives to be listed on the SFE by March 2004.
Banks back FXall prime brokerage messaging hub
Currency trading portal FXall has secured the support of seven leading banks to develop a shared messaging hub for notification of prime brokerage deals.
Eurex to launch US exchange in February
Eurex plans to launch its long-anticipated US futures and options exchange in Chicago on February 1. At a press conference this morning in Chicago, Eurex chief executive officer Rudolf Ferscha said Eurex filed this morning with the US Commodity Futures…
Raft of dealers set to market-make Trac-x
A raft of investment banks will start making markets in Trac-x - the global suite of credit default swap indexes created by the merger of the Morgan Stanley's Tracers and JP Morgan Chase's Jeci indexes in April – within the next two weeks.
Eurex and BOTCC finalise agreement on US exchange
European derivatives exchange Eurex has finalised the terms of a clearing agreement with the Board of Trade Clearing Corporation (BOTCC), opening the way for the launch of a new US exchange next year.
Omhex starts operations
Omhex, the company formed by the merger of Sweden's OM Technology and Finland’s Helsinki Exchanges (Hex), which operates the country’s derivatives exchange, started trading today.
d-cyphaTrade to launch electricity options on SFE
Sydney-based d-cyphaTrade plans to list electricity options on the Sydney Futures Exchange (SFE), with a first phase launch scheduled for the fourth quarter of this year.
Euronext profits from derivatives growth
Pan-European exchange Euronext reported strong results today for second-quarter 2003, boosted by increased revenues in derivatives trading.
HHEx to launch China index future by year-end
The Hong Kong Exchanges and Clearing (HKEx) plans to introduce a new China index futures contract before the end of the year.
CBOT partners with Taiwan Futures Exchange
The Chicago Board of Trade (CBOT) announced that it has signed a memorandum of understanding with the Taiwan Futures Exchange to share information on market and product development and potentially work toward developing markets for new derivative…
LSE appoints Stuchfield to head equity derivatives business
The London Stock Exchange (LSE) has appointed Nic Stuchfield as managing director of EDX London, the LSE-controlled derivatives exchange in which Sweden's OM holds a minority stake.
The derivatives burden
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Gas hubs jockey for position
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Joining up the markets
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Warming to the exchanges
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CME reports record earnings
Chicago Mercantile Exchange Holdings, the parent company of the Chicago Mercantile Exchange (CME), yesterday reported record revenues and earnings for the second quarter of 2003, spurred by strong trading volumes in its three largest product categories:…
Fimat to launch foreign exchange futures in Poland
Fimat Group, the brokerage arm of French investment bank SG, is developing new exchange-related foreign exchange futures contracts in eastern Europe to widen its currency product portfolio for its institutional client base.
ISE moves closer to equity index options trading
New York-based electronic equity options market, the International Securities Exchange (ISE), has stepped up its attempts to go head-to-head with the Chicago Board Options Exchange (CBOE) in trading equity index options by unveiling its first product,…
Eurex to extend terms on Swiss and German equity options
International derivatives exchange Eurex plans to extend the terms of certain German and Swiss equity options.
Deutsche Börse adds more fixed-income ETFs
Deutsche Börse has added three more bond exchange-traded funds (ETFs) as part of its XTF segment.
EDX London to start trading on Monday
A new equity derivatives exchange, EDX London, will start trading Scandinavian equity derivatives on Monday.
Nasdaq pulls out of single-stock futures business
US electronic stock exchange Nasdaq has pulled out of its joint venture with Euronext.Liffe to create a market for single-stock futures.
Euronext.life to launch FTSEurofirst index derivatives
Euronext.liffe said it will launch futures and options contracts based on the FTSEurofirst 80 and FTSEurofirst 100 indices on Monday 23 June.