Oct 17- Financial and commodity markets operator Intercontinental Exchange Inc will have to sell commodities software house Trayport to preserve competition in the energy trading industry, Britain's competition watchdog said on Monday. http://bit.ly/2elcJZN. The New York Stock Exchange owner shelved plans in May to make a counterbid for the London...
*Singapore looking to bring London pricing to Asia. SINGAPORE, Oct 17- China is marketing its yuan gold price to foreign exchanges and Singapore is looking at bringing London's gold benchmark to users in Asia, in moves meant to boost the region's exposure and influence in the global bullion market. Home to the world's biggest buyers China and India, Asia's...
Jim Cramer was shocked at the strong performance of exchange stocks, thanks to a recent wave of consolidation.
The "FMHR panel" and Jim Cramer discuss the current big worries over banks.
*Spot gold was little changed at $1,323.26 an ounce by 0103 GMT. *The Bank of England is expected to say on Thursday that it will still probably cut interest rates to a fraction above zero later this year, despite signs it overestimated the initial shock to Britain's economy from June's Brexit vote. *CME Group is launching the first-ever precious metals spread and...
"The comments balance hawkish views by other Fed officials and gold is moving on that," said Yuichi Ikemizu, head of commodity trading at Standard Bank in Tokyo. "It is still the same story of a $1,300- $1,400 range for gold. Traders trimmed their odds for a September rate hike to 15 percent from 24 percent on Friday, according to CME Group. "
"The comments balance hawkish views by other Fed officials and gold is moving on that," said Yuichi Ikemizu, head of commodity trading at Standard Bank in Tokyo. "It is still the same story of a $1,300- $1,400 range for gold. Traders trimmed their odds for a September rate hike to 15 percent from 24 percent on Friday, according to CME Group.
*Spot gold was up about 0.2 percent at $1,328.52 an ounce by 0056 GMT. *Traders trimmed their odds for a September rate hike to 15 percent from 24 percent on Friday, according to CME Group. *Johannesburg- listed miner Gold Fields said on Monday that an employee at the South Deep mine in South Africa was killed in an accident on Saturday following a seismic event.
Sept 12- Equity derivatives clearing organization Options Clearing Corp said on Monday it had extended Chief Executive and Executive Chairman Craig Donohue's term by three years. He was CEO of CME Group Inc from January 2004 until May 2012. Donohue also announced several changes to OCC's leadership structure on Monday, including Scot Warren being promoted...
The change is effective on Oct. 12 pending regulatory review by the Chicago Futures Trading Commission. The adjustment will allow CME's rules to be consistent with the negotiated formula hog purchase method that was created when the U.S. Congress reauthorized the Livestock Mandatory Reporting program on Sept. 30, 2015. Beginning on Oct. 12, the USDA's National...
The CME will close the NY trading floor at the end of year. CNBC's Seema Mody reports the details.
The state-run conglomerate is joining the race to buy London's Baltic Exchange.
A class action lawsuit accuses banks of conspiring to limit competition in the $320 trillion market for interest rate swaps.
The CME Group plans to raise transaction fees on a host of products starting Jan. 1, 2016, pending regulatory approval, the exchange said on Monday.
The fundamentals still remain solid, says Alan Knuckman, Barchart Bulls-eye Options, weighing in with his market outlook ahead of the opening bell.
The Chicago trading pits go quiet for the first time in 167 years. The FMHR traders discuss.
The last day of trading in the futures pits in Chicago and New York is set for today.
Scott Cohn has fond memories of reporting from the CME pits. But, it's hard to mourn them. It's time to move on.
Former CME trader David Greenberg recalls the rush of trading in the pits — and the risks of letting electronic trading take over.
The trader known as "The Wolfman," who stood behind Rick Santelli in many a CME live shot, laments the closing of the pits—the "Colosseum" for futures traders.