The "Fast Money" traders share their final trades of the day.» Read More
NEW YORK, Oct 29- U.S. stock index futures fell in a shortened session on Monday and cash equity trading was canceled as powerful Hurricane Sandy bore down on the U.S. East Coast while renewed uncertainty in Europe hurt sentiment.
SINGAPORE, Oct 29- London copper edged down on Monday, but held above 7- week lows plumbed last week, as concern about global growth and leadership change clouded its demand outlook, but the prospect of a recovering U.S. economy cushioned prices.
*Stock, options markets shutting down Monday. NEW YORK, Oct 28- U.S. stock and options markets will be closed on Monday, and possibly Tuesday, as regulators, exchanges and brokers worry about the integrity of markets and the safety of employees in the face of Hurricane Sandy.
NEW YORK, Oct 28- Wall Street firms were set to open with limited staffing on Monday, as stock markets remain closed ahead of Hurricane Sandy's approach and many traders in other markets as well as other financial professionals worked from home.
*NYSE, Nasdaq, other exchanges to open for trade Monday. *NYSE, NYMEX floor trading operations suspended. NYSE said on Sunday afternoon that it will close its physical trading floor operations for the first time in nearly three decades due to a weather-related emergency, but would move trading of NYSE- listed stocks to its fully electronic exchange.
NEW YORK, Oct 28- Oil refineries along the U.S. East Coast began to cut rates and companies prepared other energy facilities on Sunday ahead of Hurricane Sandy's expected landfall along New Jersey's barrier islands.
*NYSE, Nasdaq, other exchanges to open for trade Monday. *NYSE suspends trading floor for first time since 1985. But NYSE said on Sunday afternoon that it would close its physical trading floor operations for the first time since 1985. It will instead trade NYSE- listed securities on its fully electronic exchange, NYSE Arca.
*Coast Guard issues storm conditions for Mid-Atlantic. Hurricane Sandy, which is expected to come ashore late on Monday, could be the biggest storm to hit the U.S. mainland, bringing strong winds and dangerous flooding to the East Coast from the mid-Atlantic states to New England, forecasters said.
NEW YORK-- The New York Stock Exchange will close its trading floor Monday as Hurricane Sandy barrels its way up the Northeast, but Big Board trading will continue electronically. NYSE Euronext said Sunday it is putting in place its contingency plans beginning Monday and will announce later when the trading floor will reopen.
NEW YORK-- The New York Stock Exchange plans to open for trading as usual Monday, even as Hurricane Sandy barrels its way up the Atlantic.
*Hours should be ``more restricted''- Bunge CEO. CHICAGO, Oct 26- CME Group's bid to cement its dominance in grain markets with longer trading hours may be backfiring, with some traders reducing activity and others including major merchant Bunge calling for a return to a shorter day.
*CME sees big interest from U.S. commercial sector. LONDON, Oct 25- CME Group expects to see the first trades in its new aluminium swap futures contract by the end of this year as it taps consumer frustration with having to pay steep surcharges to get metal in the midst of a glut, the exchange's head of metals said.
Oct 25- CME Group Inc, the biggest operator of U.S. futures exchanges, reported a slide in third-quarter profit as investors used fewer futures and options, but it beat expectations by a penny per share due to lower expenses.
CHICAGO, Oct 25- The decline in trading on CME Group Inc's futures exchanges this year is more the result of a sluggish economy and uncertainty over tax policy rather than regulatory changes affecting the futures industry, CME's executive chairman said on Thursday.
Earnings, excluding a one-time tax hit, fell to $233.7 million, or 70 cents a share, from $315 million, or 95 cents a share, a year earlier, CME said on Thursday. Revenue fell 22 percent to $683 million, missing the Wall Street forecast of $693 million, as trading declined 26 percent.
CHICAGO, Oct 25- CME Group Inc, the biggest operator of U.S. futures exchanges, reported a 30.5 percent decline in quarterly profit as investors bought and sold fewer futures and options. Net income fell to $218.9 million, or 66 cents a share, in the quarter, from $315 million, or 95 cents a share, a year earlier, CME said on Thursday.
By afternoon in Europe, benchmark oil for November delivery was down 11 cents to $91.75 a barrel in electronic trading on the New York Mercantile Exchange. Benchmark oil fell 21 cents Friday to settle at $91.86 per barrel on the Nymex. Brent crude, which is used to price international varieties of oil, added 57 cents to $115.19 per barrel in London.
NEW YORK/ WASHINGTON, Oct 12- U.S. regulators granted a last-minute reprieve to CME Group Inc. By saying that a swathe of widely traded energy, metals and agricultural swaps would not be counted toward a threshold triggering costly new regulations until Dec. 31, the Commodity Futures Trading Commission brought relief to big traders like BP.
NEW YORK/ WASHINGTON, Oct 12- U.S. regulators granted a last-minute reprieve to CME Group Inc and big energy traders on Friday, giving them until the end of the year to convert billions of dollars in commodity swaps to futures contracts.