CME Group
CME launches weekly weather derivatives
The Chicago Mercantile Exchange (CME) will launch futures and options on a weekly weather index of 18 US cities from April 2.
US derivatives volumes rocket on market fears
Several US derivatives exchanges broke their daily traded volume records by more than 20% during February 28.
FIA opposes CME-CBOT merger
The Washington-based Futures Industry Association (FIA) has opposed the proposed merger of the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT) on the grounds that it would reduce competition among US exchanges.
CME to launch first exchange-traded credit derivatives
The Chicago Mercantile Exchange (CME) is to begin trading credit index event contracts, the first exchange-traded credit derivatives contracts, by June this year.
CME to list electronic FX options on Monday
The Chicago Mercantile Exchange plans to offer nine American-style foreign exchange options for trading on its Globex electronic trading platform from Monday, December 18.
Clearing houses may face greater competition
David Hardy, former chief executive of London-based clearing house LCH.Clearnet, warned that clearing houses may face greater competition if they don’t lower fees and provide more services. Speaking to RiskNews at the Futures and Options Expo in Chicago,…
CME targets credit derivatives market
The Chicago Mercantile Exchange plans to launch credit derivatives products early next year, with a view to capturing a share of a market that has largely been the preserve of over-the-counter dealers.
CME and CBOT to merge
The Chicago Mercantile Exchange and the Chicago Board of Trade are to merge, forming a new exchange valued at $25 billion.
CME exploring Indian exchange links
The Chicago Mercantile Exchange (CME) has discussed collaborating with three Indian commodities exchanges.
CME names market-makers for renminbi futures
The Chicago Mercantile Exchange (CME) has named HSBC and Standard Chartered Bank (SCB) as the first market-makers for futures contracts on the Chinese renminbi (RMB) against the US dollar, euro and yen, which started trading on August 28.
Nymex to offer side-by-side physical trading on CME Globex
The New York Mercantile Exchange (Nymex) is to offer its physically delivered energy futures contracts on the CME Globex electronic trading platform during its regular open-outcry trading hours, starting on September 4.
CME to launch renminbi futures in August
The Chicago Mercantile Exchange (CME) is to launch futures and options on futures on renminbi exchange rates against the US dollar, euro and the yen. The contracts will begin trading on August 27, CME officials told reporters at the opening of the CME…
CME and China’s Cfets push for link-up
Officials from the Chicago Mercantile Exchange (CME) and the China Foreign Exchange Trade System (Cfets) have unveiled plans for a multi-year agreement in Shanghai to allow Chinese investors to trade CME’s foreign exchange and interest rate products.
S&P to adopt Case-Shiller housing indexes for CME derivatives
Standards & Poor’s (S&P) plans to offer housing indexes, which will provide the basis for the Chicago Mercantile Exchange’s (CME) new breed of property derivatives.
CME launches snow derivatives
The Chicago Mercantile Exchange (CME) will list snowfall futures and options from February 26 on its Globex electronic trading platform.
CME names new business development chief
The Chicago Mercantile Exchange (CME) has named John Davidson as chief corporate development officer.
CME hires Wong to head Asian office
The Chicago Mercantile Exchange has hired CF Wong, previously in charge of ABN Amro's Asian futures operation, to head its Asian office in Tokyo.
McKenzie leaves CME to return to Morgan Stanley
Morgan Stanley has hired Ray McKenzie, previously a director of foreign exchange products at the Chicago Mercantile Exchange (CME), as an executive director in its futures business in New York.
Five market-makers back CME eurozone inflation futures
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…
CME to launch European HICP inflation futures
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…
CME trading volume and profits grow
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.
CBOT receives merger bids
With an initial public offering (IPO) due in the next few months, the Chicago Board of Trade has received several merger bids from an unnamed source.
CME expands weather trading
The Chicago Mercantile Exchange (CME) will add weather derivatives contracts based on data from seven additional cities on June 20. From then, the exchange will list monthly and seasonal contracts based on weather data from 29 cities in Europe, Japan and…
Private bankers buying more FX-linked structured products
Private bankers are buying an increasing number of structured products linked to currency movements in a bid to provide more attractive yields to their clients.