News
Credit Suisse and NECC forge partnership
Credit and clearing service provider North American Energy Credit and Clearing (NECC) has entered into a joint venture with investment bank Credit Suisse.
Energy dominates Union address
US President George Bush has set out bold plans for renewable energy in his annual State of the Union address, but experts question whether they are realistic.
LSE rebuffs latest approach from Nasdaq
The London Stock Exchange (LSE) and the New York Nasdaq exchange traded blows on Tuesday, as the management of the LSE turned down Nasdaq's takeover offer.
Nymex buys stake in Optionable to expand options trading
The New York Mercantile Exchange (Nymex) has announced it will buy a 19% stake in Optionable, a New York-based provider of natural gas and other energy options.
CEIOPS publishes 2007 work programme
Busy year ahead for CEIOPS
AMF publishes Mifid consultation paper
AMFpublishes consultation document setting out a draft amended Book III of its General Regulation in relation to Investment Service Providers.
Goldman Sachs doubles stake in Climate Exchange
Shares in Climate Exchange, the UK-listed company that owns the European Climate Exchange (ECX) and the Chicago Climate Exchange, rose by around 5% after the company disclosed that US investment bank Goldman Sachs has doubled its stake to 19%.
MEFF extends derivatives contracts to IBEX 35
The Spanish futures and options exchange Mercado Español de Futuros Financieros (MEFF) this week extended its coverage to trade derivatives contracts on all the underlying shares in the IBEX 35, the index of Spain’s 35 most liquid stocks.
Feder takes over Bear Stearns' structured equity business
Leonard Feder has been promoted to global head of structured equity trading at Bear Stearns in New York.
Support grows for Feinstein-Carper bill
The US utility sector has thrown its support behind an aggressive cap-and-trade plan that specifically targets the greenhouse gas emissions of electric utilities.
TPI hires Dearie to expand OTC data feeds
British market data provider Tullett Prebon Information (TPI) has appointed Chris Dearie to the new role of head of global direct feeds.
BoA hires to expand structured finance
Bank of America has appointed Richard Downer as head of mortgage principal finance and Neil Warman as his deputy, in its London-based global finance team.
Tradition launches FX desk in London
Swiss interdealer broker Tradition has launched a foreign exchange desk in London.
Emerging market debt more 'manageable', according to IIF
New types of securities, particularly derivatives, have contributed to making emerging market debt more “manageable” than ever before, according to the Washington-based Institute of International Finance.
KRX trading systems to merge
The Seoul-based Korea Exchange (KRX) will integrate its futures and options trading systems from June this year, the Korean Financial Supervisory Commission said.