Securities Derivatives

More

  • 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...

  • It's been a tough week for HK markets. Here's why Thursday, 21 Jan 2016 | 7:29 PM ET

    Hong Kong's stocks and its tightly controlled dollar have taken an outsized tumble this week, spurring speculation the currency peg may snap.

  • WASHINGTON, Jan 20- The U.S. regulator that polices the complex derivatives markets is struggling to keep its own books in order and has made a material error that its auditor found so significant that it withdrew nearly a decade of its financial opinions, according to documents seen by Reuters. The Commodity Futures Trading Commission understated...

  • Oil options show not everyone buys "lower for longer" Thursday, 21 Jan 2016 | 12:19 PM ET

    But outstripping the increase in holdings of $30 so-called "put" options, is the rise in buy, or "call" options at $40 a barrel, which would suggest that traders believe that by December this year, oil at $40 will look like a bargain. "With the current volatility, trying to catch a bottom in crude oil on prompt futures has more than a $3 a barrel risk and a contango roll...

  • Jan 21- U.S. stock index futures reversed course to trade higher on Thursday after the European Central Bank held rates at record lows and President Mario Draghi's comments boosted prospects of continued stimulus. Draghi's comments come a day after a rout in global stocks that was spurred by the relentless drop in oil prices and fears of a China- led slowdown in...

  • WASHINGTON, Jan 20- The U.S. regulator that polices the complex derivatives markets is struggling to keep its own books in order and has made a material error that its auditor found so significant that it withdrew nearly a decade of its financial opinions, according to documents seen by Reuters. The Commodity Futures Trading Commission understated...

  • Jan 19- U.S. stock index futures were higher on Tuesday after China's slowest annual growth rate in 25 years raised hopes of further stimulus measures from Beijing. *China's 2015 growth hit 6.9 percent after the fourth quarter slowed to 6.8 percent, capping a tumultuous year in which concerns about Beijing ability to rebalance the slowing economy have rattled...

  • *EU Commission has not yet decided on delaying MIFID II. HONG KONG, Jan 19- The European Commission expects to reach within six months an agreement with Washington that would allow it to declare U.S. rules for clearing derivatives equivalent to its own, a senior EU official told Reuters. We have made considerable progress but the road was bumpy, "said Guersent, who...

  • Jan 15- U.S. stock index futures were sharply lower on Friday, as oil prices dived below $30 per barrel, sending fresh tremors through financial markets globally as investors fret about a prolonged economic slowdown. *Brent crude prices, which have fallen 20 percent this year, were down nearly 5 percent as the market braced for oil from Iran to flood an already...

  • NEW YORK, Jan 15- During the U.S. shale boom, fortune favored the bold drillers that discovered and pumped oil fastest. Using derivative transactions known as swaps and collars, the Texas- based firm locked in a minimum price for 85 percent of this year's production. As a result, it gets $60 per barrel for a large chunk of its output while many rivals are selling at the...

  • Jan 14- Goldman Sachs Group Inc said it will pay $5.06 billion to resolve civil claims related to the firm's securitization, underwriting and sale of residential mortgage-backed securities from 2005 to 2007.. The Wall Street bank, which is expected to report fourth-quarter earnings next week, said it will pay a $2.385 billion civil monetary penalty, make $875...