Exchanges
Trading Technologies launches gateway to Singapore Exchange, opens new Asia HQ
Trading Technologies (TT) has launched its new Singapore Exchange (SGX) gateway, the exchange connectivity software vendor’s first connection to the Asian financial markets, and moved into new Singapore offices.
Dubai Mercantile Exchange delays launch by a month
The Dubai Mercantile Exchange (DME) has pushed back its launch date to June 1, subject to regulatory approvals of its clearing arrangement.
Hong Kong Exchange lists six Lyxor ETFs
Hong Kong Exchanges and Clearing (HKEx) is listing six new exchange-traded funds (ETFs), including its first global and regional equity ETFs and the first ETFs on US equities and commodities.
Nymex to launch first uranium futures contract
The New York Mercantile Exchange (Nymex) will begin trading the first uranium futures contract on May 7.
ISE foreign exchange options go live
Four foreign exchange options contracts began trading on the New York-based International Securities Exchange (ISE) this morning.
Eurex to launch UK equity futures
Frankfurt-based derivatives exchange Eurex plans to list 17 sterling-denominated single-stock futures in May.
Exchange-traded credit derivatives disappoint
The world’s first exchange-traded credit derivatives, which were listed by Frankfurt-based Eurex on March 27, have posted lacklustre trading volumes, with only one major dealer making markets in them.
US traders win tax break on Ice Futures
Ice Futures, the UK-regulated subsidiary of Atlanta-based IntercontinentalExchange (Ice), is to be allowed the same tax treatment afforded to contracts traded on US futures exchanges from April 1.
CBOE, CME and Eurex race to launch first exchange-traded credit derivatives
The Chicago Mercantile Exchange has announced its credit index event contracts will start trading on May 6, subject to regulatory approval, making them the first exchange-traded contract on a US credit derivative index.
Ice announces bid to merge with CBOT
The Atlanta-based Intercontinental Exchange (Ice) is bidding to merge with the Chicago Board of Trade (CBOT), in an all-share deal valuing the Chicago exchange at $9.9 billion.
Nybot financial futures to launch electronically in April
The New York Board of Trade’s (Nybot) financial futures contracts will be rolled out electronically during April, according to its parent company, the Atlanta-based Intercontinental Exchange (Ice).
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.
TSX and ISE to set up new Canadian derivatives exchange
Toronto Stock Exchange operator TSX Group and the New York-based International Securities Exchange (ISE) will jointly launch a new Canadian derivatives exchange in 2009.
Tokyo hit hard by US sell-off
The Tokyo Stock Exchange suspended trading of its Topix Index futures for 15 minutes on Wednesday morning, to slow down the panic selling of stocks after the previous night’s sell-off in New York.
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.
DME announces launch date
The Dubai Mercantile Exchange (DME), the Middle East’s first energy futures exchange, will officially launch on May 1.
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.
CBOE files for demutualisation on way to IPO
The Chicago Board Options Exchange (CBOE) has filed for demutualisation and restructuring as it heads for an initial public offering (IPO). The exchange'smembers will receive stock but lose their trading rights as part of the process.
CME prepares to launch hurricane derivatives
The Chicago Mercantile Exchange (CME) will launch hurricane index futures and options on March 12.
Eurex to open hub in Dubai
Eurex, the world’s largest derivatives exchange, will open a trading hub in Dubai in April, subject to approval from the Dubai Financial Services Authority.
Eurex unveils Russian equity derivatives
The European exchange Eurex is preparing to launch index and single-stock derivatives based on Russian underlyings.
Beijing to host first carbon credits exchange in developing world
China and the United Nations (UN) are planning to launch the first carbon-trading exchange in the developing world in Beijing.
CBOE prepares to launch credit default options
The Chicago Board Options Exchange (CBOE) is preparing to trade credit default options that will pay out following a credit event.
TSE signs deal with NYSE
The Tokyo Stock Exchange (TSE) and the New York Stock Exchange (NYSE) have signed a letter of intent establishing a strategic agreement between the world’s two largest exchanges.