Exchanges
Equiduct Challenges Project Boat
LONDON—Although Project Boat has been recently hailed as the answer to one of the key Mifid reforms to come on Nov. 1, 2007, the initiative is facing challenges from the newly created Equiduct as well as from other exchanges mulling their own offers.
Boat Banks to name vendor
LONDON—"Project Boat"—a consortium of nine banks that is creating an off-exchange trade reporting facility—is close to naming the vendor that will provide the underlying technology for the planned OTC trade data platform, according to sources familiar…
Deutsche Börse pulls out of Euronext bid
German stock exchange operator Deutsche Börse has abandoned its effort to acquire pan-European derivatives exchange Euronext, clearing the path for the New York Stock Exchange (NYSE).
Electronic trading resumes at CBOE
Electronic trading resumed on Monday on the Chicago Board Options Exchange (CBOE), after a technical fault caused its electronic platform to shut down on Friday morning (November 10).
Oman implements historic change to pricing of crude oil
In an historic move which could have wide-ranging implications for crude oil trading in Asia, Oman has announced it will price its crude on the settlement price of trading at the Dubai Mercantile Exchange (DME).
LME mini contract launch postponed
The London Metal Exchange is postponing the launch of its new miniature copper, aluminium and zinc contracts for two weeks.
LogicaCMG’s Prodis chosen for Aldbrough gas storage facility
LogicaCMG, an IT services company, has secured a contract with Statoil and SSE Hornsea to provide its Prodis software to manage the commercial operations of the UK’s largest onshore gas storage facility, Aldbrough.
EU markets are at a historic high, says EU commissioner
The EU is ahead of the US with many financial products.
Deutsche Börse merger talks with Borsa Italiana break down
Frankfurt-based securities and exchange operator Deutsche Börse has pulled out of merger talks with Milan-based Borsa Italiana, after failing to agree on moves towards a joint venture.
ISE hits out at CBOE on exclusive index option listings
The New York-based International Securities Exchange (ISE) is challenging the exclusive listing of two major index options on the Chicago Board Options Exchange (CBOE) through a formal complaint.
Hard on commodities
Hedge funds
All tied up
Exchanges
CDOs reunited
Hybrid CDOs
Biomass back on track
Generating power through biomass – corn, soybeans, trees, plants and animal waste – looks set to receive a boost in the US, after stagnation during the 1990s, finds Elisa Wood
Shifting sands
High oil prices and a lack of accessibility to reserves are reawakening oil majors' interest in Canada's oil sands. David Watkins looks at their potential and at the challenges involved in this capital-intensive mining operation
Trading opinions
Energy risk professionals from all over Europe gathered in London last month at the Energy Risk Europe conference to debate the hottest topics facing the industry today. The Energy Risk team bring you some highlights
Weathering oil risk
Managing weather risk is increasingly important for petroleum companies. Murad Jivraj looks at how optimal oil risk management can be obtained through combining traditional structured products with new weather derivatives
Western congestion
Despite huge strides to improve power transmission efficiency in California since 2001, the region is still flagged a 'critical congestion area' by the US Department of Energy. Neil O'Hara looks at the state of play
Agencies feel the hot breath of regulators as reform bill clears Congress
The new rules aim to increase the oversight of rating agencies by the SEC and open up the industry to more competition by making it easier for agencies to gain SEC recognition
FTSE/Xinhua Index to appeal court ruling
A Shanghai court ruled on October 31 that FTSE/Xinhua Index, a provider of China equity indexes, had breached its contract with a subsidiary of the Shanghai Stock Exchange by using its data to compile a Chinese A-share index to trade futures contracts in…
'Weak and watered down' regulatory relief in US
REGULATORY UPDATE
Signs of uncertainty over Mifid
REGULATORY UPDATE