NYMEX and two former employees to pay $4 million for disclosing trading information LeapRate

August 05, 2020 BY Steffy Bogdanova

NYMEX and two former employees to pay $4 million for disclosing trading information

This is the first time the CFTC has charged and exchange with violations of these regulations and disclosure of material non-public information. Director of Enforcement James McDonald commented: Today’s settlement sends a strong message that the CFTC will work tirelessly to protect our market participants against unlawful disclosures of their confidential information to ensure that…

Crude oil prices could bounce as Coronavirus panic settles

September 24, 2018 BY Valentina Kirilova

CME Group to launch physical WTI Houston crude oil futures contract

Suppliers, refiners and end users of U.S. crude oil will have a new way to price and hedge WTI light sweet crude oil in Houston beginning in Q4 2018. Derivatives marketplace CME Group will offer a new WTI Houston Crude Oil futures contract with three physical delivery locations on the Enterprise Houston system, pending regulatory…

December 08, 2017 BY Valentina Kirilova

CFTC releases Rule Enforcement Review of CBOT, CME, COMEX, and NYMEX

The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) has issued the results of a rule enforcement review that recommends the exchanges reviewed make certain improvements as noted below. The Division reviewed the Chicago Board of Trade (CBOT), the Chicago Mercantile Exchange (CME), the Commodity Exchange, Inc. (COMEX), and the New York Mercantile…

December 04, 2017 BY LeapRate Staff

CFTC issues recommendations to CBOT, CME, COMEX and NYMEX on rule enforcement

The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) has issued the results of a rule enforcement review at the Chicago Board of Trade, Chicago Mercantile Exchange, Commodity Exchange, Inc. and New York Mercantile Exchange, Inc. that recommends the exchanges reviewed make certain improvements as noted below. The Division reviewed the Chicago Board…

October 13, 2016 BY Valentina Kirilova

CFTC Releases Rule Enforcement Review of the New York Mercantile Exchange, Inc. and the Commodity Exchange, Inc.

The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) has announced that it has issued the results of a rule enforcement review of the New York Mercantile Exchange and the Commodity Exchange (NYMEX and COMEX or exchanges). The review, which covered a one-year target period, evaluated the exchanges’ market surveillance programs and…

January 28, 2015 BY Andrew Saks-McLeod

Wholesale liquidity provider Advanced Markets launches spot trading in natural gas

The new natural gas spot contract, which saw its first client trade January 14th, is tied to the benchmark Henry Hub delivery point, and the cash contract prices a simple weighted average of the three nearby Henry Hub futures contracts traded at the New York Mercantile Exchange (NYMEX)

Tag: NYMEX