2005 Volume in Innovative Product Complex Surpasses 2004; New Single Day Volume Record Established on April 11 CHICAGO, April 13 /PRNewswire-FirstCall/ — CME, the largest U.S. futures exchange, announced that yesterday year-to-date trading of futures and options on futures in its weather derivative contracts already has surpassed the total volume of contracts traded in 2004. […]
Archive | derivatives
Merc sets record on Eurodollar contracts
Bloomberg News – The Chicago Mercantile Exchange, the biggest U.S. futures market, handled a record 1.5 million Eurodollar options contracts Wednesday, as traders used them to bet on changes in borrowing costs. The exchange also had record electronic trading of interest-rate futures and options, with 2.1 million contracts changing hands on Wednesday, the exchange said […]
BM&F to Launch Soybean Futures Contract
by Agriwatch – Brazil’s Mercantile & Futures Exchange (BM&F) will launch a soybean futures contract aimed at China and is in talks with the country’s largest commodity futures exchange about listing the product there as well. It also shows how China is embracing derivatives markets as a way of protecting against price swings as they […]
Wheat futures spring back
By Victoria Sizemore Long – Kansas City wheat and Chicago wheat and soybean futures closed higher Tuesday in a technical rebound from recent losses. Chicago corn futures declined. Kansas City Value Line stock-index futures also fell. (more…)
Surging coffee futures jack up java prices
By Lynn Moore – Coffee sold on grocery shelves and in workplace dispensers is going up in price as coffee roasters offset surging futures prices caused in part by speculators, bean counters say. But the jack in java may not immediately be felt in gourmet coffee shops, where the cost of what is poured into […]
Credit Derivatives Surge 55 Per Cent
BARCELONA, Spain–(BUSINESS WIRE)–March 17, 2005–At its Annual General Meeting today, the International Swaps and Derivatives Association (ISDA) announced the results of its Year-End 2004 Market Survey of privately negotiated derivatives. According to the Survey, the notional amount for credit derivatives grew by almost 55 per cent in the last six months of the year to […]
Is Gold Among Warren Buffett’s $21.4-bn Currency Investments?
By Tim Wood – TORONTO (ResourceInvestor.com) — Exactly two years ago, Mitsui Metals analyst cum gold bug pincushion, Andy Smith, distributed a delightful note to clients speculating about the possibility of Warren Buffet being invested in gold. Smith may have been more right than he realized. The coke chugging, burger bolting chairman of Berkshire Hathaway […]
Options Industry Sets New Monthly Volume Record
Two back-to-back trading days join top 10 highest days on record CHICAGO, Feb. 2 /PRNewswire/ — The Options Clearing Corporation (OCC) and the Options Industry Council (OIC) announced today that January 2005 set a new monthly volume record when 117,440,711 total options contracts traded, 2.66 percent higher than the previous record, set in January 2004. […]
Evolution of Stock Exchanges a key focus of Wall Street Transcript’s Brokers and Asset Managers Issue
67 WALL STREET, New York–January 31, 2005–The Wall Street Transcript has just published its Brokers and Asset Manager Issue, a report offering a timely review of the financial services sector to serious investors and industry executives. This 95-page feature contains a roundtable forum and commentary from 6 research analysts and top management of 12 firms, […]
NYSE Chief Sees Growth in Derivatives
By Thomas Atkins – DAVOS, Switzerland (Reuters) – The New York Stock Exchange sees growth through U.S. and Asian expansion and with new products rather than entering the bidding battle for the London Stock Exchange, its chairman said on Thursday. “We would not be very interested in getting into any bidding competition for the LSE,” […]