-
After US options trading set a new record in May, June has been quieter, with 311.2m contracts cleared by the Options Clearing Corporation – 2% less than in June 2009 and 23% down from the 405.9m traded in May.
Read more >>
-
May was a record month for the global futures and options markets – and by a huge margin. Now that nearly all derivatives exchanges have reported their trading volumes, FOi’s database reports that 2.204bn contracts changed hands in the month.
Read more >>
-
The time for dire predictions is over. Over the counter derivative specialists are now soberly getting to grips with a new US regulatory regime. The rules are still not fully formed, but their shape is becoming clear. As Elise Coroneos reports, some market experts still think the law likely to be passed by Congress is too intrusive, while others relish the opportunities it will bring. All, however, are privately working out how to live with it.
Read more >>
-
Proprietary trading carries its own risks and rewards. But do the risks – and returns – look different from 31 floors up Dubai’s Jumeirah Lake Towers? Tom Osborn meets Middle Eastern trading arcade, the Dubai Professional Trading Group.
Read more >>
-
Czarnikow, the world's largest sugar merchant, has today (February 16) raised its forecast for a global sugar deficit for the 2009/2010 growing season.
Read more >>
-
NYSE Euronext has announced bullish trading volumes for January, as well as better financial results for 2009.
Read more >>
-
Gauging how many derivatives staff lost their jobs in the financial crisis, and what effect that had on pay is not easy, as many firms do not give separate figures. Hugo Cox discovers that while there were certainly some redundancies and depressed pay, some segments of the market have remained bullish. Specialists are even forecasting a big rise in bonuses for this quarter.
Read more >>
-
With the launch of Singapore Exchange’s Fuel Oil Futures just days away, market participants have told Futures and Options Intelligence that the Asian bourse could succeed where two others have tried and failed.
Read more >>
-
The US derivatives market is set to stage a strong recovery in 2010, thanks to a renewed corporate focus on risk management and a recovery in long term interest rate futures, a report by markets research firm Tabb Group argues today.
Read more >>
-
When planning FOW’s awards for innovation, we felt it was only right to consider the regulators – a category of market participant that probably bulks larger in the futures and options world than it does in many other areas of financial services.
Read more >>
-
The oil price rollercoaster of 2008 was a frightening ride for Mexico, the world’s sixth biggest crude producer, where oil revenues make up nearly 40% of public sector income.
Read more >>
-
IntercontinentalExchange has scooped both prizes for clearing houses in FOW’s Awards for Innovation 2009, while its legal adviser Shearman & Sterling has taken the law firm Award.
Read more >>
-
FOW, the parent publication of FOi, is beginning to reveal the results of its Awards for Innovation 2009. Over the next week on FOi, the Awards for Exchanges, Clearing Houses and Law Firms will be published. Then in December, the Awards for Banks, Brokers and FCMs and for IT and Software Companies will be declared.
Read more >>
-
NYSE Liffe has told Futures and Options Intelligence that it will list two and five year Gilt futures “as soon as possible”.
Read more >>
-
Does it make sense that less than a year after CME Group was forced to close FXMarketSpace – an aggressive move to expand its foreign exchange business – it is trying to prise open the market again? Michael Halls investigates.
Read more >>
-
John Mathias has resigned as chief business officer at the Singapore Mercantile Exchange, less than a year after joining the soon-to-be-opened bourse.
Read more >>
-
The evolution of the UN’s Clean Development Mechanism is likely to pave the way for more trading products, but it would be best to avoid fragmentation in the market, participants have told Futures and Options Intelligence.
Read more >>
-
With international trade of nearly 900m tonnes a year, iron ore is one of the biggest bulk commodities in the world that is not traded on exchanges. Only recently has the market’s established pricing system come under strain, hastening the dawn of derivatives. Agnieszka Troszkiewicz looks at the nascent iron ore swap market, prospects for growth, and perhaps eventually a listed futures market.
Read more >>