Temperatures soaring to record highs, people sweating, air con running at full capacity in offices, summer has kicked off in the Northern Hemisphere. Weather is a tradable commodity like another according to CME Group that trades US and Europe weather heating and cooling futures on derivative exchange CME. “CME Weather futures and options are all […]
The 117 year old silver fix based in London has been replaced by an all electronic auctioning system intended to provide greater transparency and pricing efficiency of one of the most traded metals. Silver, along with gold, has adopted a unique pricing structure over the past century in that all transactions have involved a single […]
CME Group and Thomson Reuters will provide a London Silver Fix solution starting from 15 August, which will replace the previous fix system in place for over a century. The new solution will take over a process of daily silver price fixing that started in 1897. CME is set to provide an over the counter […]
The Index Industry Association (IIA) has appointed Rick Redding as its first executive director.
The Indian rupee and the Chilean peso have led gains among global currencies in carry trade performance during the third quarter, posting returns in excess of 7% against the US dollar, according to the latests Currency Market Monitor published by CME Group.
Forget the euro and its eurozone. Investors have come back from the summer break with renewed interest for Chinese investments.
Derivatives marketplace CME Group has expanded its suite of Chinese renminbi products to include Deliverable renminbi (CNH) futures.
CME Group’s European exchange, set to begin trading foreign exchange futures next year, will offer a competitive alternative to other exchanges, says the group’s head of forex and rates
Derivatives exchange CME Group announced today its decision to create a London-based derivatives exchange, for which it has applied to the UK’s Financial Services Authority (FSA).
Central counterparties (CCPs) are facing regulatory delays in efforts to provide margin efficiency between single-name and index credit default swaps (CDSs). This is an issue that could cause liquidity in the CDS market to evaporate unless it is resolved, dealers claim.
Global multi-asset class data solutions provider S&P Capital IQ announced today the completion of the acquisition of London-based Credit Market Analysis Limited (CMA).
The IntercontinentalExchange (Ice) plans to launch a clearing service for over-the-counter foreign exchange instruments this year, putting it head to head with rivals CME Group and LCH.Clearnet.