Securities Derivatives

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  • CALGARY, Alberta, Feb 4- Canada will not rush to lift sanctions against Iran, despite calls to scrap the measures quickly so Canadian companies can compete for contracts, Prime Minister Justin Trudeau said on Thursday. "We're going to be very careful and thoughtful, working and coordinating with our allies in the way that we move to reengage and lift sanctions with...

  • WASHINGTON, Feb 4- Senate Agriculture Committee Chairman Pat Roberts is turning up the heat on the U.S. derivatives and commodities regulator over an accounting error that could mean it has deficient funds. Roberts, a Kansas Republican, sent a letter dated Feb. 3 to Timothy Massad, head of the Commodity Futures Trading Commission, calling for answers on the error,...

  • CHICAGO, Feb 3- CME Group Inc plans to resume the listing schedule for live cattle futures and options contracts, effective Feb. 18, the exchange said in statement on Wednesday. CME Group temporarily delayed listing new contracts in early December 2015 to evaluate possible delivery changes of non-U.S. origin cattle in anticipation of a repeal of beef, as a covered...

  • LONDON, Feb 3- Billions of dollars in new bets against China's yuan have been placed on derivatives markets this week as currency dealers weigh the chance of an official devaluation around this month's G20 finance chiefs' meeting in Shanghai. The yuan is also back under pressure in the offshore spot market, falling to a three-week low of 6.6510 yuan as London...

  • Bets against China's yuan build as traders eye G20 deal Wednesday, 3 Feb 2016 | 8:05 AM ET

    LONDON, Feb 3- Billions of dollars in new bets against China's yuan have been placed on derivatives markets this week as currency dealers weigh the chance of an official devaluation around this month's G20 finance chiefs' meeting in Shanghai. The yuan is also back under pressure in the offshore spot market, falling to a three-week low of 6.6510 yuan as London...

  • The company's plans to turn around its struggling core business are set to dominate its earnings report, with investors keen to see if CEO Marissa Mayer will push ahead with a proposed spin-off or entertain calls for a complete sale. Yahoo's shares pared earlier losses after the Wall Street Journal first reported the news on the strategic alternatives.

  • WASHINGTON, Feb 1- The main U.S. derivatives regulator on Monday urged the European Commission to quickly finish its work on "equivalence," which would allow European companies to use U.S. clearinghouses for swaps when new EU bank rules come online later this year. But Brussels and Washington have been locked in negotiations over whether their clearing rules are...

  • Derivative bets on yuan weakening reach record high Monday, 1 Feb 2016 | 9:48 AM ET

    LONDON, Feb 1- Hedge funds have ramped up bets on a devaluation of China's yuan since the Bank of Japan cut interest rates into negative territory, with the bias towards yuan falls in options markets hitting its highest on record on Monday. "Since the Bank of Japan was so dovish last week, all of these countries are under a lot more pressure to devalue," said a dealer with...

  • SAN JUAN, Puerto Rico— Puerto Rico's government is pushing a bond swap with creditors to help generate revenue as U.S. legislators prepare to debate creation of an oversight authority to help pull the island out of a deepening economic crisis. "A crisis of this magnitude must be addressed in concert, otherwise we risk our ability and the opportunity to escape the...

  • Money managers, including hedge funds and other big speculators, raised their combined futures and options position in New York and London by 15,717 contracts to 68,053 in the week to Jan. 26, the U.S. Commodity Futures Trading Commission said. "It looked as if up to last Tuesday, you had a big influx of money-manager longs- that would explain why up until Tuesday last...

  • Jan 29- U.S. stock index futures were higher on Friday after the Bank of Japan unexpectedly cut a benchmark interest rate below zero, and ahead of data on U.S. economic growth in the fourth quarter. *The report, due at 8:30 a.m. ET, may set off another bout of selling on the stock market as investors, already worried about weak global growth, flee to less risky assets.

  • SHANGHAI, Jan 29- Chinese companies may be forced to sell at least $12 billion in shares in coming weeks to meet margin calls, dealing a further blow to stock markets which have already seen some $2 trillion in value wiped out so far this year. "Over half of all listed companies in China have their shares pledged, so if the market falls further, this issue could become a...

  • US STOCKS-Futures little changed as Fed stays on course Thursday, 28 Jan 2016 | 7:35 AM ET

    Jan 28- U.S. stock index futures were largely unchanged on Thursday, a day after the U.S. *Benchmark Brent crude was up nearly 1 percent, after Russian officials decided to talk to Saudi Arabia and other OPEC countries about cutting production to help prices. Both reports are due at 8:30 a.m. ET.

  • Jan 27- U.S. stock index futures were lower on Wednesday after oil prices gave up gains and Apple's disappointing forecast. *Apple's shares were down 3.5 percent at $96.51 premarket after the company forecast its first revenue drop in 13 years and saw its slowest-ever rise in iPhone shipments as the slowdown in China hit sales. *AT&T was down 2.4 percent at $34.55...

  • US STOCKS-Futures gain after oil prices rise Tuesday, 26 Jan 2016 | 7:30 AM ET

    Jan 26- U.S. stock index futures edged up on Tuesday as oil prices recovered and ahead of the start of the Federal Reserve's policy meeting and Apple's earnings report later in the day. *Crude prices were hovering slightly above $30 a barrel on hopes that OPEC and non- OPEC producers would agree to tackle a massive supply glut. *Chinese shares tumbled, dragging down...

  • LONDON, Jan 25- Hedge funds had covered only a small part of their record short position in crude oil by early last week, but it was still enough to send prices surging more than $6 higher over the course of Thursday and Friday. Hedge funds reduced their combined short positions in the main Brent and WTI futures and options contracts by 16 million barrels, just 4...

  • US STOCKS-Futures lower as oil prices retreat Monday, 25 Jan 2016 | 7:24 AM ET

    Jan 25- U.S. stock index futures were lower on Monday after last week's rally in oil prices lost steam. *Crude prices resumed their slide after a strong two-day rally as output from Iraq reached record highs. Federal Reserve's next move on interest rates when the Federal Open Market Committee meets on Jan. 26-27.

  • Puerto Rico power debt relief deal falls apart Saturday, 23 Jan 2016 | 6:30 PM ET
    Cars pass a construction site in Fajardo, near San Juan, Puerto Rico, on Dec. 1, 2015.

    A deal to restructure $8.2 billion in Puerto Rican utility debt collapsed, after lawmakers missed a deadline to approve conditions for the bond swap.

  • *Futures up: Dow 204 pts, S&P 26.25 pts, Nasdaq 72.50 pts. Jan 22- U.S. stock index futures were higher on Friday, helped by a cold wave in the United States and Europe that boosted oil prices. *European Central Bank President Mario Draghi's comments on Thursday suggesting that the bank could ease its monetary policy in its meeting in March also encouraged investors.

  • LONDON, Jan 22- Sterling could face more pain after falling to a seven-year low against the dollar this week if speculators add to bets against the currency as uncertainty grows about the economy and Britain's future in the European Union. In the past few weeks, a wave of bets in the derivatives markets have been placed by investors seeking protection against...