FOi - Futures and Options Intelligence


Nifty options head for London – LSE to check on futures with CME 29 Jul 2010

The London Stock Exchange’s derivative market could soon list the National Stock Exchange of India’s S&P CNX Nifty 50 options, as the two bourses signed a letter of intent to explore collaboration on July 28. However, LSE will need to check that it can offer futures as these are already listed at Singapore Exchange and CME Group.


“We are increasingly seeing the LME price referenced in the market for scrap and reinforcing bar”

Lotta Ulfsdotter, business manager for steel at the LME, says the exchanges steel billet futures are catching on in the industry