Exchanges
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).
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…