The People's Bank of China (PBOC) has opened up the country's spot FX market to over-the-counter trades, and authorised the China Foreign Exchange Trading System (CFETS) to determine the daily central parity rate for the RMB against foreign currencies.
Exchange-traded derivatives had another bumper year in 2005, with a record volume of transactions being logged on both sides of the Atlantic.
Swiss-German derivatives exchange Eurex has confirmed it is in talks with a number of rival US-based exchanges about forming a partnership to expand its ailing US business.
The Singapore Exchange and the Chicago Board of Trade (CBOT) will set up a joint commodity derivatives exchange in Singapore next year.
London Stock Exchange (LSE) management has again rejected Australian bank Macquarie's takeover bid, which was unchanged from the original offer earlier this month.
The Tokyo Stock Exchange today admitted that a fault in its own systems led to the mistaken stock trade on December 8 that has so far cost Mizuho some $225 million.
Credit Suisse First Boston released the first-ever longevity index today, which it hopes will enable standardised structuring and settlement of longevity risk transfer instruments such as swaps and structured notes.
The London Stock Exchange today rejected a "derisory" takeover proposal from Macquarie Bank of Australia.
Members at the New York Stock Exchange (NYSE) have voted in favour of the merger with Chicago-based Archipelago today. About 95% of the 1,366 members voted, resulting in a 90% approval rate.
The exchange-traded futures and options market has continued its rapid expansion, growing by 23% year-on-year in the third quarter to a turnover of $357 trillion, according to the latest figures released by the Bank for International Settlements (BIS).
The Chinese government may relax its rules to encourage foreign investors to enter the country's lacklustre futures market, with ABN Amro the first to move.
Volumes on the Chicago Board of Trade continued to rise in November, as trading on the exchange shifted steadily from open-auction to electronic means.
Derivatives exchanges in Europe and the US view Asia as a significant future source of growth in trading activity. “Asia is the next wave of growth for our industry,” said Craig Donohue, chief executive of the Chicago Mercantile Exchange (CME), speaking...
The London Stock Exchange announced its profits for the first half of the year had fallen by a third due to a drop in the value of its EDX derivatives unit.
Thanks to increasing consolidation, it seems the country-specific energy exchange will soon be a thing of the past in Europe. But is this level of competition premature?
The SEC must relax its restrictions on broker-dealers to allow US markets to compete for derivatives business, New York Stock Exchange chief economist Paul Bennett told the US Senate yesterday.
The controversy surrounding Refco has not hindered operations at its futures commission merchant (FCM) subsidiary, according to derivatives exchanges.
The European Energy Exchange (EEX) plans to launch a futures contract for carbon emissions allowances in October, pending regulatory approval.
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...
According to Washington-based Russell Investment Group, monthly volumes for derivatives referencing its indexes hit new highs last month. Kelly Haughton, the group’s Strategic Director of Russell Indexes, attributed some of the upturn to an increase...
The board of Eurex agreed on Friday to give its troubled Chicago-based Eurex US operation a month's grace before the boards of the joint venture's owners, Deutsche Borse and the SWX Swiss Exchange, decide on its ultimate fate.
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...
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.
Stock exchanges in Bangkok, Jakarta, Kuala Lumpur, Manila, and Singapore will collaborate to set up joint indexes for derivatives and fund managers.