Frankfurt, Germany's financial capital, hopes to open a European energy-futures exchange next year.
NYSE, now with Euronext under its belt, is seen buying a U.S. futures exchange or another foreign equity exchange.
Exchange operators and a futures-industry regulator are working on new rules that would restrict what brokerage firms can do with customer money.
Some of those same customers are challenging cme's monopoly by forming a new exchange that will list Treasury futures.
The economy is improving, but Jessica Hoversen, a foreign exchange and fixed-income futures analyst at MF Global, warns that the currency market may have already overextended itself in the short term, while long-term trends endanger the U.S. dollar.
Margin requirements in the spotlight this week again after the CME Group, owner of futures exchange NYMEX, announced a 25% hike in collateral requirements for crude oil futures, putting initial, and short-lived, pressure on WTI and Brent prices.
It would also supplant CME Group Inc. as the world's largest futures exchange by contract volume and create a clear leader in the U.S. options market.
As of the end of last week, the combined totals from the London Metal Exchange, Shanghai Futures Exchange and Comex division of the New York Mercantile Exchange stood at 892, 084 tons, a jump of 51% from 588, 881 at the end of last year, said John Gross, an independent metals-industry consultant.
FORBES: FOCUS: Copper Market 'Guarded;' Near-Term Bounce Occurring But Longer-Term Retreat Expected
Futures markets determine foreign exchange rates, and in a world of gyrating currency values there are serious questions about whether they are the best way to determine the relative value of dollars, euros and yen.
In a statement Thursday evening, the Securities and Exchange Commission and Commodity Futures Trading Commission said they are working with other regulators and the exchanges to review unusual trading activity during the afternoon.
The move caught many traders by surprise, and led to a frenzy on the New York Mercantile Exchange that sent crude oil futures up by some 5% on the day of the meeting.
The Securities and Exchange Commission and the Commodity Futures Trading Commission will hold a two-day conference to sort out their respective roles in the Obama administration's plan to revise how to police America's markets.
High frequency traders will give their views on what happened in the markets during the May 6 crash on Tuesday afternoon during the second meeting of a joint investigative panel of the Securities and Exchange Commission and the Commodity Futures Trading Commission.
High rollers looking to hedge a fund that has a variety of foreign currencies built into it, such as the iShares MSCI Emerging Markets Index, should consider something like the U.S. Dollar Index on the ICE Futures exchange, which allows investors to play the dollar against a tradeweighted basket of euros, yen, pounds and other currencies.
By putting the swaps on an exchange, speculators could participate, allowing it to function like a futures market and mitigating the risk.
Many have cast NYPC as a competitor to the Chicago Mercantile Exchange, which currently handles 98% of US futures trading.
FORBES: NYPC Cleared For Q1 Launch, Ready For A Dogfight With CME
He has also hired a marketing expert and has learnt the intricacies of trading on the burgeoning South African Futures Exchange.
However, he continued, longer-term strategic investors are more likely buy into exchange-traded funds more-so than futures and also take a different approach toward gold.
Through an arrangement earlier this year with the New York Mercantile Exchange, the Merc also has a growing business in electronic-trading energy futures, a booming business.
For example independent agencies like the Securities and Exchange Commission, the Commodity Futures Trading Commission and the Federal Reserve get a pass on review.
Gold traders were also worried Tuesday that the CME Group would raise futures trading margins on gold, following a similar move this week by the Hong Kong exchange.
FORBES: Comex Gold Backs Off on Profit Taking After Hitting Another Record High of $1,917.90
Futures products based on Hong Kong stocks can be launched by any exchange that sees a demand.
The parent company of the New York Mercantile Exchange , which trades in energy and commodity futures, filed preliminary plans for a public offering.
There is a distinct difference in the sentiment toward gold, with those participants who use the futures market or exchange-traded funds selling, but physical traders buying, particularly in Asia.
FORBES: METALS OUTLOOK: Uncertain Outlook For Gold Next Week
Ken Morrison, editor of the online newsletter, Morrison on the Markets, pointed out that the rally has come with a steady level of open interest in futures and no change in the net ownership of the SPDR Gold exchange-traded fund (GLD) since Dec. 22.
FORBES: Gold Prices Expected To Fall Next Week -- Survey Participants
By putting the swaps on an exchange, it would be easier for speculators to participate, allowing it to function like a futures market and mitigating risk.
It would create a super-agency that rolls up the investor protection functions of the Securities and Exchange Commission, Commodity Futures Trading Commission, National Futures Association, FINRA and Securities Investors Protection Corp.
According to the U.S. Commodity Futures Trading Commission, speculators in both the disaggregated and legacy Commitments of Traders Reports significantly increased for the second week in a row their net-long positions in futures and options on the Comex division of the New York Mercantile Exchange.
FORBES: CORRECTION - Speculators Continue To Build Bullish Gold Positions - CFTC
Leo Melamed, a Jewish immigrant from Poland, took control in 1969 and introduced currency futures and the International Monetary Market to the exchange.
The Commodity Futures Trading Commission just approved two markets for the contracts, one set up by Cantor Exchange, a subsidiary of Cantor Fitzgerald, and one from a company called Media Derivatives.
应用推荐