Exchanges
Hong Kong and Shanghai exchanges in energy derivatives venture
The Hong Kong Exchanges and Clearing Limited (HKEx) and the Shanghai Futures Exchange (SHFE) have signed a memorandum of understanding to develop an Asian energy derivatives market, the exchanges said today.
Euronext.Liffe to lower trading fees on French equity options
Trading fees on Euronext.Liffe’s French equity options will fall by 17-50% when trading migrates to LiffeConnect on April 14, the derivatives exchange claimed.
Hong Kong banks ready SARS contingency plans
Banks are readying contingency plans for FX trading in Hong Kong, as a potentially fatal pneumonia virus grips the trading centre.
Eurex achieves another record-breaking month
Eurex, the international derivatives exchange, has reported record-breaking volumes for March 2003. More than 106 million contracts were traded last month, an increase of almost 20 million over the previous monthly high, set in October 2002. Year-on-year…
Nybot launches market data service
The New York Board of Trade (Nybot) last week launched Nybotlive, which delivers real-time global futures and options data over the internet.
Chicago Mercantile Exchange to launch Russell 1000 futures
The Chicago Mercantile Exchange (CME) plans to launch its new Russell 1000 futures contracts on April 28. The new stock index futures will trade on the CME's Globex electronic platform virtually 24 hours a day.
CME and Shanghai Futures Exchange sign agreement
The Chicago Mercantile Exchange (CME) and the Shanghai Futures Exchange (SHFE) have signed an agreement to collaborate in derivatives product development, the exchanges said a statement.
GL Trade clients hit by Liffe API glitch
A software glitch that cut off some firms’ connectivity to the London International Financial Futures and Options Exchange (Liffe) late last month appears to have affected mostly clients of GL Trade, the Paris-based provider of data display and trading…
Confusion over membership at WBOT continues
Dan Parker, chief executive of Atlanta-based Weather Board of Trade (WBOT), today told RiskNews that two institutions he originally named as charter members of the weather derivatives exchange never had such an agreement with the company.
Online clearing: the shape of energy markets to come
The energy trading market is moving towards a structure in which participants achieve market presence through a dedicated market network, rather than having to use local or regional exchanges, says strategic consultant Chris Cook
Stuttgart exchange to give German investors access to Euronext ETF
German investors will have access to Euronext exchange-traded funds (ETFs) from next month, following a selling agreement between the pan-European exchange and Boerse Stuttgart.
Eurex expands basis trading facility
Eurex will expand its over-the-counter basis trading facility to include selected euro bonds issued by member states of the European Monetary Union on Monday, said the derivatives exchange in a statement. The new facility is designed to complement…
CME to launch single index on seven currencies against US dollar
The Chicago Mercantile Exchange (CME) will launch its new ‘CME$Index’ futures contract, an index of seven foreign currencies against the US dollar, on March 3. The contract is intended to provide end-users with a broad tool to gain or reduce their…
HKEx tweaks stock futures and options offering
Hong Kong Exchanges and Clearing (HKEx) has tweaked its range of single-stock futures and options to include contracts related to Bank of China (BOC) Hong Kong (Holdings) and suspend those of China Petroleum & Chemical Corporation (Sinopec).
Deutsche Börse and Swapstream to co-host trading platform
Deutsche Börse and London-based independent service provicer Swapstream have teamed up to offer a 'neutral' trading platform for swaps and other over-the-counter derivatives.
Malaysian bourse delays launch of single-stock futures
The Malaysia Derivatives Exchange (MDEX) has postponed the launch of single-stock futures (SSFs) contracts following a decision to further review the implications of trading the products on the main stock market. SSFs were initially scheduled for launch…
Eurex to expand French equity options segment
Eurex will next month increase the number of French companies it offers options on from nine to 36, the Swiss-German derivatives exchange said in a statement.
Derivatives exchange volumes booming, says FIA
The world’s derivatives exchanges saw a 37% increase in trade volume last year, up 1.61 billion contracts from last year’s 5.99 billion, according to the Futures Industry Association (FIA).
CME set to offer eurodollar data via the web
The Chicago Mercantile Exchange (CME) plans to introduce a new market data application called E-px, which will display price and volume data for eurodollars.
Nymex makes EOO trading permanent
The New York Mercantile Exchange (Nymex) yesterday said that it will make exchange of options for options (EOO) trading in energy markets permanent.
Eurex increases share of Dutch equity options market
Eurex increased its share of the Dutch equity options market tenfold last year, the Swiss-German derivatives exchange said in a statement today.
OM system failure behind HKEx interruption
A fault in the system of Swedish software company, OM Gruppen, was to blame for a temporary failure of the Hong Kong Exchanges and Clearings’ (HKEx) futures and options trading system last Thursday, the exchange has revealed.
Euronext.Liffe launches one-month eonia futures
Euronext.Liffe launched its new one-month eonia (euro overnight index average interest rate) futures contract this morning.
Exchanges gradually gain pace
Germany