Category: derivatives

NEW YORK, Nov 4 (Reuters) – Hedgers and speculators are bracing for a stronger-than-expected October payrolls report, according to an economic derivatives auction on Thursday. The large number of players braced for a higher- than-expected report means that if the number is worse than expected, bonds may rise and stocks may fall. The auction showed…

Oct. 12 (Bloomberg) — ABN Amro Holding NV, Credit Suisse First Boston and ING Groep NV said they plan to start offering derivatives that give Chinese companies protection against fluctuations in currencies as soon as this month, the first overseas banks to gain such access in China. Ten banks received licenses in the past two…

Aug. 3 (Bloomberg) — Canadian two-year bonds rose after the country’s biggest trading partner, the U.S., reported spending by consumers fell in June for the first time in nine months and a measure of inflation slowed. The currency rose. Canada has no economic reports until Thursday and was celebrating the Civic Holiday yesterday. Bonds gained…

By Alex Skorecki The first exchange-listed weather derivatives contracts for Asia will be launched by the Chicago Mercantile Exchange, the US’s biggest futures exchange, later this month. Weather derivatives allow investors and businesses to hedge against future conditions, including temperature, rain and wind. The CME contracts will apply to temperature changes as measured in the…