News
Amex investigated over suspicious activity
LOSSES & LAWSUITS
Savings-Bank flotation fraudster pays back $11 million
LOSSES & LAWSUITS
Bclear tops 100 million contracts
Euronext.Liffe's Bclear wholesale equity derivatives clearing service registered its 100 millionth contract last week.
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.
SSY brokers groundbreaking FFA option deal
SSY Futures has recently brokered a forward freight agreement (FFA) option transaction covering Panamax earnings out to the end of 2012. The deal, fixed between two leading FFA users, has confirmed industry claims that there is appetite for longer-dated…
Dubai to use DME for crude oil pricing
The Dubai Mercantile Exchange (DME), a joint venture between Tatweer, Nymex and the Oman Investment Fund, announced today that the government of Dubai will cease pricing its export crude oil sales off its current mechanism and instead utilise DME futures…
Eqecat launches offshore energy model
California-based risk modelling firm Eqecat has launched an offshore energy model for the Gulf of Mexico region.
Cantor to merge eSpeed and BGC
New York financial services provider Cantor Fitzgerald has announced that it will combine its electronic brokerage eSpeed, also based in New York, with its BGC Partners inter-dealer broker, to create BGC Partners Inc.
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…