The company aims to launch its new OTC derivatives offerings on the 3rd of March The European division of the CME Group, CME Clearing Europe has announced today that it received regulatory approval to launch Overnight Index Swaps, zero coupon swaps, Forward Rates Agreements, basis swaps and variable notional swaps. In addition the company is…
Read moreThe newest educational website related to financial markets is FuturesFundamentals.com One of the world's leading exchange traded and over-the-counter derivatives exchanges has launched a new website that is aiming to educate its readers on the role of futures markets in the real economy. The CME Group achieves two important goals with its launch - it's…
Read moreWhat the CME called a 'cyber intrusion' occurred in July, and is the subject of an ongoing federal criminal investigation. Derivatives marketplace CME Group (NASDAQ:CME) confirmed in a communication to certain customers last week that its systems had been hacked back in July. Apparently, certain customer information relating to the CME ClearPort platform was compromised. To protect…
Read moreGovernment shutdown leads to slow institutional trading month. Forex ECN EBS and derivatives marketplace CME Group each released October volume figures today, and they were scary low (from their perspective, of course). CME Group FX futures volumes decreased by 22% from September, and 9% from last year October, averaging 644,000 contracts per day --…
Read moreOil's roller coaster ride has helped crude trading volumes in October. Based on information we've received from across the forex and CFD trading world, the second half of October has seen strong trading volumes in crude oil and related products, as the oil price volatility has increased (see chart below), primarily on the downside. With…
Read moreICAP looks to regain its leading position in forex liquidity providing. Interdealer broker ICAP has announced that Laurent Paulhac will join the company as managing director and will be in charge of its US based ICAP SEF LLC. He is joining the firm from the CME Group where he was managing the over-the-counter (OTC) products and…
Read moreThe normally slow summer trading season has been anything but that at the CME. CME Group, which runs the world's largest derivatives marketplace, announced it saw several volume records in a number of crude oil related products over the past two weeks. Crude Oil prices have bounced around nicely in early August, starting the month…
Read moreSummer slowdown, or forex market shift? We'll actually attribute this one to the summer doldrums. After seeing a steady rise in trading volumes as 2013 progressed, culminating with its second-ever month for forex volumes in June, the CME Group reported that July FX volumes dropped by a whopping 33% to average 807 million contracts per…
Read moreGreater volatility and record volumes from Asia and Latin America drive growth. CME Group, which runs the world's largest derivatives marketplace, released its Q2 results today, which were up nicely and which handily beats Wall Street analysts' expectations. CME Q2 revenues came in at $816 million, up 14% from Q1, while net earnings totaled 311…
Read moreCME Gold options open interest hits 1,808,693 contracts on July 22. As Gold prices have recovered nicely from their sub-$1,200-per-ounce lows late last month, up more than 10% to the mid-$1,300's currently, interest in Gold trading has risen in step. The CME Group has reported that open interest levels in Gold options have now hit an…
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