Nymex Holdings, the parent company of the New York Mercantile Exchange (Nymex), is to form a new exchange trading environmental futures, options and swaps contracts.
New York Mercantile Exchange (Nymex) chairman Richard Schaeffer said today that 80% of the exchange’s business is now done electronically, as the open outcry trading floor becomes “less and less meaningful”. He also outlined ambitious plans for...
ETF Securities (ETFS) has launched four more exchange traded commodities (ETCs) on the London Stock Exchange which will give investors exposure to commodity futures prices. The commodities will track the Dow Jones-AIG three-month forward indexes for natural...
JP Morgan has launched its Commodity Curve Index (JPMCCI), a family of passive benchmark indices that are curve-neutral and diversified across a broad universe of commodities. The index captures investment opportunities across the futures curve while...
ETF Securities has pushed through the $2bn mark for assets under management (AUM), following massive growth of its exchange traded commodities. The provider has recorded an increase of 680% in 2007 alone, rising from $250m AUM at the end of 2006.
Crude oil futures closed at a new record high Tuesday, driven by supply concerns and the dollar’s continued woes against the Euro.
A New York judge has denied Amaranth Advisors’ request to prevent the Federal Energy Regulatory Commission (Ferc) from pursuing legal action against it while it was being sued by another federal agency.
Attempts by the US Senate to grant the CFTC greater market oversight have met with a mixed response, writes David Watkins
Crude oil futures closed at a new record high Wednesday, driven by U.S. crude inventories dropping to the lowest level in two years and a falling dollar following the Federal Reserve’s rate cut.
ETF Securities has launched multi-currency versions of its most popular exchange traded commodities (ETCs) on the London Stock Exchange (LSE). The launch will give UK investors the chance to buy shares in the selected ETCs in UK sterling as well as US...
Crude oil futures closed at a new record high Monday, driven by tight fundamentals, geopolitical tensions and a production setback in Mexico.
Crude oil futures closed at a new record high Friday, driven by tight fundamentals and geopolitical tensions.
The Commodities Futures Trading Commission (CFTC) has issued a report to Congress recommending that its oversight ability be expanded across electronic trading facilities known as Exempt Commercial Markets (ECMs), which include the electronic IntercontinentalExchange...
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