Securities Derivatives

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  • SHANGHAI, March 30- China has circulated plans to introduce credit-default swaps and other derivatives so investors can hedge risk in its $7.5 trillion bond market, sources said, a sign regulators want to allow more defaults without destabilizing the market. Sources said that the China's National Association of Financial Market Institutional Investors, a...

  • March 30- U.S. stock index futures were higher on Wednesday, a day after comments by Federal Reserve Chair Janet Yellen allayed concerns that the central bank would take an aggressive approach to raising interest rates this year. *Yellen, who made her first remarks since the Fed's meeting earlier this month, said inflation in the United States had not yet reached...

  • March 29- U.S. stocks index futures were slightly lower on Tuesday as investors await Federal Reserve Chair Janet Yellen's speech for clues about when the central bank may raise interest rates. *Yellen, who is due to speak before the Economic Club of New York at 12:20 p.m. ET, will make her first remarks since the Fed's meeting in March. *Among other Fed officials...

  • NEW YORK, March 28- A federal judge in Manhattan on Monday rejected an effort by 14 of the world's biggest banks to throw out a private lawsuit accusing them of rigging an interest rate benchmark used in the $553 trillion derivatives market. District Judge Jesse Furman said investors led by several pension funds and municipalities could pursue federal...

  • March 28- U.S. stock index futures were slightly higher on Monday as investors awaited data that may feed into the Federal Reserve's plans to raise interest rates this year. *A report by the Commerce Department on Monday is expected to show consumer spending rose 0.1 percent in February after having risen 0.5 percent in the previous month. The report is due at...

  • *Nikkei up 0.7 pct, U.S. stock futures up 0.3 pct. *Asia ex- Japan stocks drop on Fed hike caution. SINGAPORE/ TOKYO, March 28- The dollar firmed on Monday and most Asian markets surrendered early gains as investors cautiously awaited U.S. economic data and speeches by Federal Reserve officials this week that could signal more interest rate increases than expected.

  • OIL PRICES EXTEND LOSSES, BRENT CRUDE FALLS $1, AS DOLLAR STRENGTHENS AND U.S.

  • SHANGHAI, March 24- China's major stock indexes fell on Thursday after state media reported 35 domestic brokerages have resumed short-selling business after a long hiatus. China CSI300 stock index futures for April rose 0.2 percent, to 3,196, -15.50 points below the current value of the underlying index. The Hang Seng index in Hong Kong was down 0.8 percent at...

  • SHANGHAI, March 24- Thirty-five brokerages have resumed short-selling business after a long hiatus, official state media reported on Thursday, as Beijing moves to warm up frozen derivatives markets in the wake of a massive market crash last year. Domestic stock indexes have been rallying in recent days on news that the state-controlled margin lender had...

  • NEW YORK, March 23- A proposal by U.S. securities regulators to tamp down investors' risks could have the opposite effect on bond funds by forcing them to trim their use of exotic financial instruments, an industry advocate said Wednesday. At least $600 billion in funds would not be compliant with a requirement proposed last year by the U.S. Securities and Exchange...

  • LONDON, March 23- Tom Hayes, a former star trader serving an 11- year jail sentence for manipulating Libor interest rates, was on Wednesday ordered to hand over 878,806 pounds in a London proceeds-of-crime court hearing. Hayes, a 36- year-old former UBS and Citigroup derivatives trader, was held up as an example to errant bankers when he was convicted last August...

  • March 23- U.S. stock index futures were little changed on Wednesday as investors remained cautious a day after the attacks in Brussels and ahead of the Good Friday market holiday. *Nike shares were down 4.9 percent at $61.75 in premarket trading after the world's largest footwear maker reported quarterly revenue below estimates. *Gilead Sciences was down 2.6...

  • March 22- U.S. stock index futures were lower on Tuesday after explosions in Brussels sparked fresh geopolitical concerns and sent investors scurrying for safety. * "Anything like the events we're seeing in Brussels this morning is going to weigh on risk sentiment and risk appetite," said Michael Hewson, chief market strategist at CMC Markets in London.

  • SHANGHAI, March 22- China stocks fell on Tuesday as the market weighed new guidelines on pension products and recent comments by the central bank governor that some short-term speculative funds may be leaving the country. China CSI300 stock index futures for April fell 0.3 percent, to 3,198.2, or 24.92 points below the current value of the underlying index.

  • *Futures up: Dow 23 pts, S&P 2.25 pts, Nasdaq 7.50 pts. March 21- U.S. stock index futures were higher on Monday as stocks continued to recover from a brutal selloff that had gripped the market for most of the year. The report is due at 10 a.m. ET.

  • SAO PAULO, March 18- Brazil's central bank plans to auction up to $1 billion worth of reverse currency swaps on Monday, in an indication that policymakers are uneasy with recent gains in the real that could worsen the magnitude of the nation's harshest recession in decades. The auction of 20,000 contracts was set for Monday between 11:10 a.m. and 11:20 a.m., the...

  • PARIS, March 18- Siemens has no plans to build a turbine factory in France after it merges its wind assets with those of Spain's Gamesa, nor does it want any jumbo turbine technology developed by Areva, two sources said. That venture won contracts to build wind parks with 1.5 gigawatts of capacity off the French coast, on condition that Areva develops and builds a...

  • *Oil slump left Nigeria short of funds to import oil products. LONDON/ ABUJA, March 17- Nigeria is set to ramp up the amount of crude oil it swaps for vital gasoline imports by more than a third as it grapples with the worst economic crisis in years and upheaval in its graft-ridden energy sector. A more than 60 percent drop in global oil prices since 2014 has hammered...

  • March 18- U.S. stock index futures were higher on Friday, a day after the Dow Jones industrial average turned positive for the year, as investors took to riskier assets. *Wall Street drifted higher on Thursday, bringing the S&P 500 within shouting distance of a gain for 2016, as energy and materials stocks rose. *U.S. data on Friday includes a preliminary reading of the...

  • LONDON, March 17- Market expectations for euro exchange rates over the next month turned positive on Thursday for the first time since the start of February, another sign of weakening faith in the strong dollar trade that has dominated the past two years. As this graphic http://bit.ly/1UCoXhE shows, after a rough few weeks of trade around this month's European...