Futures Past

29 Sep 2003

10 years ago
Nymex, CME agree joint clearing
New York Mercantile Exchange and Chicago Mercantile Exchange have finalised plans to develop a standardised, state-of-the-art clearing system.
The two exchanges plan to develop standardised, inter-changeable data processing and and clearing applications.

Currency punters face EC taxesThough hoping that European Commission president Jacques Delors will be quickly...

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“The fact is, an awful lot of people would be very happy for all business to be transacted over the counter. Transparency is good for the consumer, but privacy is better for the banks and the brokers. Wherever there’s a grey area, it’s possible to make money.”

European consultants predict frantic lobbying during the Mifid review.

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