Securities Derivatives

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  • Feb 10- Wall Street was set to open higher on Wednesday, but U.S. stock futures eased some of their gains after Federal Reserve Chair Janet Yellen said conditions in the United States would allow the Fed to pursue "gradual" adjustments to monetary policy. However, tightening financial conditions driven by falling stock prices, uncertainty over China and a global...

  • Feb 10- U.S. stock index futures were higher on Wednesday, with oil prices staging a modest recovery, ahead of U.S. Federal Reserve Chair Janet Yellen's appearance before Congress. *Wall Street closed lower for the third session in a row on Tuesday, after a sharp fall in crude battered the energy sector.

  • UBS puts salaries on ice as bank shares fall Tuesday, 9 Feb 2016 | 1:45 PM ET
    Swiss bank UBS in Midtown Manhattan

    UBS has reacted to the financial market turbulence by freezing salaries for its investment bankers until at least mid year. The FT reports.

  • European banks' stock futures fall as concerns mount Tuesday, 9 Feb 2016 | 2:38 AM ET

    LONDON, Feb 9- Futures prices for European banks fell on Tuesday, as concerns mounted over the health of the region's top lenders given signs of a global economic slowdown. Futures on the Euro Stoxx Banks index fell 0.7 percent. Borrowing costs in Spain, Portugal and Italy jumped as investors demanded a fatter risk premium over safer German paper, where two-year...

  • TOKYO, Feb 9- S&P 500 e-mini futures fell more than 1 percent on Tuesday as a global equity selloff intensified. On Monday, the S&P 500 fell 1.42 percent in U.S. trading. The selloff spread to Asia on Tuesday, pressuring stocks and lifting bonds and gold.

  • Feb 8- U.S. stock index futures were lower on Monday, with the Dow Jones industrial average slipping nearly 200 points, as fears of a global economic slowdown worsening rattle investors. *U.S. stocks are coming off Friday's massive tech-led selloff that pushed the Nasdaq to its lowest close since October 2014. *Crude oil prices fell more than 2 percent after a...

  • Feb 5- U.S. stock index futures turned negative on Friday after data showed employment gains slowed more than expected in January as the boost to hiring from unseasonably mild weather faded. Nonfarm payrolls increased by 151,000 jobs last month, below the 190,000 expected by economists polled by Reuters. Futures snapshot at 8:31 a.m. ET:.

  • Feb 5- U.S. stock index futures were little changed on Friday as investors awaited the January employment report that could provide clues on the Federal Reserve's monetary policy outlook. The data is expected at 8:30 a.m. ET. *Stocks have had a rough start to 2016, hurt by tepid U.S. growth, falling oil prices and concern that the world faces a China- led slowdown.

  • TAIPEI, Feb 5- Taiwan's banks are facing losses of millions or possibly billions of dollars from customer defaults on a popular derivative product- falling victim to the unexpected slide in China's currency. The island's financial regulator is scrambling to get a grip on the issue after China surprised global markets in August by devaluing the yuan.

  • 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. The United States, the European Union and other major nations have already lifted some of their punitive measures following a deal struck last...

  • 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...