Exchanges
Euronext to launch volatility indexes
Euronext will launch its first three volatility indexes on September 3: the AEX Volatility Index, the BEL20 Volatility Index and the CAC40 Volatility Index.
CME seals deal with CBOT
The Chicago Mercantile Exchange finally closed its merger with the Chicago Board of Trade yesterday, after a bidding war with the Atlanta-based Intercontinental Exchange.
CME offers CBOT shareholders “best and final offer”
The Chicago Mercantile Exchange (CME) has upped its bid for cross-town competitor the Chicago Board of Trade (CBOT) for the third and “final” time, ahead of a shareholder vote on July 9.
HKEx extends tech maintenance agreement with OMX for derivatives trading and clearing
Hong Kong Exchanges and Clearing (HKEx) has extended its partnership with exchange technology vendor OMX for the support and maintenance of its derivatives trading and clearing and settlement systems for another five years.
CBOE launches PutWrite index
The Chicago Board Options Exchange (CBOE) has launched the CBOE S&P 500 PutWrite Index, a new benchmark index based on selling S&P 500 Index (SPX) put options in order to buy short-term US Treasury bills.
CME to expand its S&P portfolio
After losing its licensing agreement with Russell Investment Group to the Intercontinental Exchange (ICE), the Chicago Mercantile Exchange (CME) has announced it will expand its Standard & Poor's equity index futures portfolio with an index for small-cap…
ICE takes over Russell Index futures contracts
The Intercontinental Exchange (ICE) has won exclusive rights to derivatives on the Russell series of equity indexes. The deal could give the exchange the edge in the continuing takeover battle over the Chicago Board of Trade.
CME raises bid for CBOT after lawsuit threat
The Chicago Mercantile Exchange (CME) sweetened its bid for its rival exchange, the Chicago Board of Trade (CBOT), yesterday.
CBOE launches volatility index futures
CBOE Futures Exchange (CFE) has announced the launch of two volatility index futures contracts, based on the CBOE Nasdaq-100 Volatility Index and the CBOE Russell 2000 Volatility Index.
Regulators clear CME-CBOT merger
The US Department of Justice has approved the takeover of the Chicago Board of Trade by the Chicago Mercantile Exchange, saying it was "not likely to substantially reduce competition".
ETF growth means AUM will top $2 trillion by 2011
The global trend of growth in exchange-traded funds (ETFs) looks set to continue, spurred by a rise in institutional investor participation and geographical growth.
New world order
Regulation
The wrong market for credit derivatives?
Credit derivatives
Going nuclear
Commodities
CBOT to launch CBOT CDR Liquid 50 NAIG Index futures contracts
The Chicago Board of Trade (CBOT) has announced plans to launch electronically-traded credit default swap index futures contracts.
Man Group plans hedge fund IPO
Man Group is planning to list its Man Dual Absolute Return Fund, a new closed-end hedge fund, on the New York Stock Exchange.
ICE and CBOE reach $665m agreement over CBOE exercise rights
IntercontinentalExchange (ICE) has reached an agreement with the Chicago Board Options Exchange (CBOE) to pay full members of the Chicago Board of Trade (CBOT) compensation for the loss of CBOE exercise rights they would experience, should CBOT merge…
CME wins CBOT's heart with increased bid
The Chicago Mercantile Exchange (CME) has increased its bid for the Chicago Board of Trade (CBOT), as it faces a rival takeover attempt from the Intercontinental Exchange (Ice).
Nymex launches electronically traded options on energy and base metal contracts
The New York Mercantile Exchange (Nymex) will list options on crude oil, natural gas, gold and silver on the Chicago Mercantile Exchange’s (CME) Globex electronic trading platform, beginning on June 24 for a trade date of June 25.
Jade to launch crude palm oil futures
The Joint Asian Derivatives Exchange (Jade), a Singapore-based electronic commodity derivatives exchange, will launch a crude palm oil (CPO) futures contract on June 6.
ISE merges with Eurex
Frankfurt-based Eurex has agreed to pay $2.8 billion in cash, or $67.50 per share, for New York-based International Securities Exchange. Frankfurt-based Deutsche Börse and Zurich-based Swiss Exchange – the two exchanges that jointly operate Eurex – will…
Ice to form London-based clearing house
The Atlanta-based Intercontinental Exchange (Ice) plans to set up a European clearing house based in London.
Deutsche Börse looking to marry Eurex with ISE
Deutsche Börse is in advanced negotiations with the New York-based International Securities Exchange (ISE), which could lead to the Frankfurt exchange taking over ISE via its Eurex derivatives arm.