Exchanges
Dairy futures take off as CME sees record performance
The market for milk futures and options on the Chicago Mercantile Exchange (CME) has set open interest records over the past two days, reaching 7,805 positions on January 15. This month, an average of 1,000 contracts a day have far surpassed average…
Ice opens doors to futures exchange traders
Atlanta-based commodities exchange IntercontinentalExchange (Ice) has received approval from the US Commodity Futures Trading Commission (CFTC) permitting registered traders and locals with floor or electronic trading privileges on any regulated US…
Indian regulator delays derivatives trading on six stocks
The Securities and Exchange Board of India (Sebi) has asked the country's two major exchanges to delay derivatives trading on six stocks, following an investigation into an alleged stock market "scam" in 2001.
Ethical ETF launches on Borsa Italiana
A new euro-denominated ethical index exchange-traded fund (ETF) started trading on the Borsa Italiana – the Italian stock exchange – today. The Ethical Index Euro ETF (ticker B1ET IM) is the first ethical ETF in Italy.
Eurex to go head-to-head with CBOT
European derivatives exchange Eurex plans to launch a US exchange that will compete directly with the Chicago Board of Trade (CBOT).
CBOT to use Liffe Connect
The Chicago Board of Trade (CBOT) has entered a licensing agreement to use Liffe Connect, the derivatives trading system used by pan-European exchange Euronext.Liffe, replacing the existing a/c/e platform currently being licensed from Eurex. The move…
Ice sues Nymex over alleged abuse of monopoly power
Energy trading platform Intercontinental Exchange (Ice) is suing its rival, the New York Mercantile Exchange (Nymex), over alleged abuse of monopoly power in the energy trading markets.
SGX relaxes listing requirements for structured warrants
A year after Hong Kong resurrected its warrants market by relaxing listing requirements, the Singapore Exchange (SGX) has eased its own listing rules for covered warrants in a bid to boost the local market.
NYSE to recalculate Composite index as basis for ETF
The New York Stock Exchange (NYSE) plans to rebalance its broad-based Composite index, in a move that should herald the introduction of an NYSE Composite exchange-traded fund (ETF) later this year.
Eurex dismisses imminent US expansion rumours
European derivatives exchange Eurex today dismissed rumours that it is accelerating its strategy to expand in the US.
Bourse de Montréal fines derivatives broker
The regulatory division of Canada’s Bourse de Montréal has fined Fimat Derivatives Canada C$1,000 after one of its employees entered an electronic order before obtaining approval to work as a trader.
Euronext.liffe to launch options on exchange-traded funds
The derivatives branch of the Euronext exchange, Euronext.liffe, plans to launch options on exchange-traded funds (ETFs) in January. The move follows rival Eurex’s launch of options and futures on ETFs in November.
Montréal Exchange extends access to UK
Bourse de Montréal, the Montréal Exchange, yesterday said that brokers in the UK will now have direct access to its market and products, following discussions with the Financial Services Authority (FSA), the regulatory authority in the UK.
ESpeed and CBOT sign distribution agreement
ESpeed, the electronic trading subsidiary of brokerage Cantor Fitzgerald, today said it has entered into an agreement with the Chicago Board of Trade (CBOT). The agreement, which will distribute CBOT products through the eSpeed system, will provide…
Nymex to launch OTC trading platform
The New York Mercantile Exchange (Nymex) said it plans to introduce a trading platform designed for over-the-counter energy market participants in January, with beta tests beginning next week.
iBoxx licenses indexes for exchange-traded funds
Frankfurt-based indexing company iBoxx and Pennsylvania-based exchange-traded fund (ETF) company iShares have struck a deal to license iBoxx indexes as the basis for European fixed-income ETFs to be launched on Deutsche Börse. The new products are…
Nord Pool signs seven-year clearing deal with OM
Nordic Electricity Clearing House (Nech), the clearing subsidiary of Nordic energy exchange Nord Pool, has signed a seven-year contract with Swedish technology and derivatives exchange company OM to supply its clearing services.
LSE moves to offer new equity derivatives services
The London Stock Exchange (LSE) plans to buy OM London Exchange and will rename the company EDX London. The move is part of a bid by the LSE to improve efficiency and risk management in the equity derivatives business.
OneChicago to roll out 21 more single-stock futures
OneChicago, the US electronic futures exchange, is to add 21 more futures contracts on single stocks beginning from December 6. The new contracts are in addition to the 43 futures on single stocks and futures on ‘Diamonds’ – shares in an exchange-traded…
Madrid Stock Exchange lists 377 new warrants
The Madrid Stock Exchange has expanded its warrants range by listing 377 new contracts on 24 companies and a range of indexes.
Nymex sues Ice as battle for market supremacy mounts
The New York Mercantile Exchange (Nymex) is suing IntercontinentalExchange (Ice), the Atlanta-based online commodities trading platform, for alleged copyright infringement, a Nymex spokeswoman told RiskNews . Nymex and Ice have been fighting for…
Euronext.liffe launches physically delivered universal stock futures
Euronext.liffe yesterday began to offer four physically delivered universal stock futures in an effort to boost the trading volumes of these contracts. The remaining 111 universal stock futures offered by Euronext.liffe are cash settled. Universal stock…
OneChicago to expand product range
US single-stock futures (SSFs) trading company OneChicago plans to expand its product suite on Friday (November 22)with 22 more stock listings. It will also introduce futures on ‘Diamonds’ – shares in an exchange-traded fund (ETF) that is designed to…
Eurex launches futures and options on exchange-traded funds
Eurex, the European derivatives exchange, yesterday provided investors with a new hedging tool by launching futures and options on exchange-traded funds (ETFs).