Exchanges
Hong Kong Exchange launches new equity index option
The Hong Kong Exchange and Clearing (HKEx) has launched a new equity index option for retail investors, called the Mini-Heng Sang Index Options (Mini-HSIO). On its first day of trading yesterday, volume on the Mini-HSIO reached 171 contracts, comprising…
Canadian clearing house CDCC receives first rating from S&P
The Canadian Derivatives Clearing Corporation (CDCC), a unit of the Bourse de Montreal, has received an ‘AA’ rating from credit rating agency Standard & Poor’s (S&P). The rating could help CDCC expand its services to clear over-the-counter derivatives…
New US online options exchange announces investors
The Boston Options Exchange (BOX), a venture of the Boston Stock Exchange, has announced investment stakes by Credit Suisse First Boston, JP Morgan Chase, Salomon Smith Barney and UBS Warburg. The size of the investments was undisclosed.
LCH selects onExchange for OTC electricity clearing
Financial technology firm onExchange has signed up with the London Clearing House (LCH) to provide clearing for over-the-counter electricity contracts on the soon-to-be-launched European Energy Derivatives Exchange (Endex).
LSE launches covered warrants trading
The London Stock Exchange (LSE) launched its covered warrants market this morning, giving UK private investors direct access to equity hedging tools.
SGX reveals launch date for Middle East crude oil futures
The Singapore Exchange (SGX) and IE Singapore plan to launch the SGX Middle East crude oil (Meco) futures contract on the exchange's electronic trading system on November 12.
Sydney Futures Exchange to launch interest rate swaps
The Sydney Futures Exchange (SFE) will launch interest rate swap futures trading in November, the exchange said.
Kofex and CME sign MOU
The Korea Futures Exchange (Kofex) and the Chicago Mercantile Exchange (CME) have signed a memorandum of understanding (MOU) to pursue joint business development initiatives in derivatives products.
US launch of single-stock futures delayed
OneChicago, the US electronic futures exchange, has postponed the first day of trading of single-stock and narrow-based stock indexes to November 8. The exchange, a joint venture of the Chicago Board Options Exchange, the Chicago Board of Trade and the…
BondsInAsia may add Singapore, Hong Kong futures to electronic trading
Web-based electronic trading platform BondsInAsia is hoping to add Singapore and Hong Kong futures to its product range in the medium-term, according to the platform’s chief executive, Albert Cobetto.
CME to list futures on S&P SmallCap 600
The Chicago Mercantile Exchange (CME) will start to trade futures contracts on rating agency Standard & Poor’s (S&P) SmallCap 600 stock index from November 11.
CME to launch Eagle Project in mid-November
US futures exchange, the Chicago Mercantile Exchange (CME), said this week that it plans a mid-November launch for its Eagle Project, which will permit electronic calendar spread trading on its Globex electronic trading platform.
CME to launch Eagle Project in mid-November
US futures exchange, the Chicago Mercantile Exchange (CME), said this week that it plans a mid-November launch for its Eagle Project, which will permit electronic calendar spread trading on its Globex electronic trading platform.
SGX and Tocom sign licensing agreement with Platts
The Singapore Exchange (SGX) and the Tokyo Commodity Exchange (Tocom) have signed licensing agreements with energy information provider Platts, a division of the McGraw-Hill Companies, to use Platts' Middle East benchmarks for the SGX and Tocom Middle…
SGX to launch world's first DRAM futures
The Singapore Exchange (SGX) plans to offer the world's first futures contract based on dynamic random access memory (DRAM) chips by the first quarter of 2003, according to the exchange.
Eurex to launch Europe’s first derivatives on ETFs
International derivatives exchange Eurex aims to launch Europe’s first futures and options on exchange-traded funds (ETFs) in November.
Euronext Amsterdam hit by more technical problems
Euronext Amsterdam, the Dutch arm of the pan-European cash and derivatives exchange, halted derivatives trading for three and a half hours today due to a network problem. A Euronext spokesman was not able to elaborate on the matter, although he said all…
HEX prepares for weather derivatives launch
The Helsinki securities and derivatives exchange (HEX) will start trading weather derivatives from tomorrow.
Australia Stock Exchange to launch electricity futures
The Australian Stock Exchange (ASX) is preparing to launch its electricity peak and off-peak futures contracts on October 14.
Euronext Amsterdam early for on-screen derivatives trading
Euoronext Amsterdam believes it will have moved all Dutch futures and options onto screen-based trading by December 9 – three months ahead of schedule.
eSpeed settles patent dispute with CBOT and CME
eSpeed, a subsidiary of interdealer broker Cantor Fitzgerald and developer of electronic trading technology, has settled its lawsuit against the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT) over infringement on patented…
US single-stock futures venture lists more tradeable indexes
OneChicago, a joint venture of the three main Chicago derivatives exchanges formed in May 2001 to offer an electronic market for stock futures products in the US, has added seven 'narrow-based' equity indexes to an original eight it unveiled in March.
CME offers past derivatives data
The Chicago Mercantile Exchange (CME) is offering a new service called CME E-History, a fee-based service that will automate the provision of historical price data for CME futures and options for analysing price trends.