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Exchanges CME

  • *Brexit divorce could see euro-clearing forced out of London. WASHINGTON/ LONDON, Nov 15- The London Stock Exchange Group is lobbying to win American political support in its battle with Europe to preserve London as a global financial centre after Brexit. As part of the Brexit divorce, Brussels would like clearing of euro-denominated transactions to be...

  • Bitcoin

    Traders who want to bet against bitcoin can likely do so beginning in mid-December, according to the head of the world's largest futures exchange.

  • Speaking on a conference call, Christopher Concannon and other Cboe executives declined to say when they expected regulatory approval for a bitcoin exchange traded fund they announced earlier this year. So, they want to participate in fast-growing markets and the market for trading crypto-assets is now large enough for them to participate, "said Gil Luria,...

  • Nov 7- The major futures exchanges believe in the development of cryptocurrency trading and will push on with launching exchange traded funds that allow investors to trade in them, chief operating officer and president of Cboe Global Markets said on Tuesday. Speaking on a conference call after the company's third quarter results, Chris Concannon and other...

  • Nov 7- The major futures exchanges believe in the development of cryptocurrency trading and will push on with launching exchange traded funds that allow investors to trade in them, stock exchange operator BATS Global Markets Inc's Chief Executive said on Tuesday. Speaking on a conference call for BATS' parent company CBOE Global Markets Inc, the owner of...

  • LONDON, Nov 1- Bitcoin climbed to a new all-time high of $6,450 on Wednesday, boosted by bets the cryptocurrency could enter the financial mainstream after the world's largest derivatives exchange operator said on Tuesday it would launch bitcoin futures. CME Group Inc said it would provide a regulated trading venue for the cryptocurrency market and would...

  • NEW YORK, Oct 31- CME Group Inc, the world's largest derivatives exchange operator, said on Tuesday it will launch a futures contract for bitcoin later this year, marking a major step in the digital currency's path toward legitimacy and helping propel it to a fresh record high. "This is going to help tremendously with institutional support as well," said John...

  • CME Group to launch bitcoin futures in Q4 2017

    CNBC's Seema Mody reports that the CME Group plans to launch a bitcoin futures market for the fourth quarter of 2017 to track the cryptocurrency.

  • NEW YORK, Oct 31- CME Group Inc, the world's largest futures market operator, said on Tuesday it intends to launch bitcoin futures in the fourth quarter, pending regulatory approvals. Since November last year, CME Group and UK- based bitcoin futures exchange Crypto Facilities Ltd have calculated and published the BRR, which consolidates the trade flow of major...

  • Oct 31- CME Group Inc, the world's largest futures market operator, said on Tuesday it intends to launch Bitcoin futures in the fourth quarter of 2017, pending regulatory approvals.

  • CME GROUP SAYS IT INTENDS TO LAUNCH BITCOIN FUTURES IN Q4 2017.

  • LONDON, Oct 31- CME Group, the world's largest futures market operator, said on Tuesday it would launch a copper premium Shanghai contract to build on a surge in copper trading on its Comex exchange. "Our new copper contract will provide the first, financial settled exchange-traded futures product to enable customers and market participants to hedge their...

  • *Q3 adjusted EPS $1.19 vs est $1.16. The company, which owns the Chicago Board of Trade and other futures exchanges, said its revenue from clearing and transaction fees rose 7.4 percent to $756.2 million in the third quarter on higher average daily volume. Excluding items, CME earned $1.19 per share, brushing past the average analyst estimate of $1.16, according to...

  • The company, which owns the Chicago Board of Trade and other futures exchanges, said its expenses rose 2.1 percent to $322.9 million in the third quarter ended Sept. 30. Revenue from market data and information services declined 4.2 percent to $96.9 million. The Illinois- based company's net income fell to $308.6 million, or $0.91 per share, from $472.8 million, or...

  • Oct 26- CME Group Inc, the world's largest futures market operator, reported a 34.7 percent fall in quarterly profit, hurt by higher expenses. The Illinois- based company's net income fell to $308.6 million, or $0.91 per share, in the third quarter ended Sept. 30, from $472.8 million, or $1.39 per share, a year earlier. On an adjusted basis, CME earned $1.19 per share.

  • *CEO Rolet diversified LSEs business. LONDON, Oct 19- Xavier Rolet, chief executive of the London Stock Exchange Group, will step down at the end of next year, just under a decade after he took charge and transformed the company with a string of deals. The Frenchman, at the helm of what had been a quintessentially English club in the City of London for much of its 300- year...

  • CHICAGO, Oct 11- CME Group Inc plans no further moves to reduce volatility in its cattle futures market, after making a series of changes to rein in wild price swings that drove away hedgers, a managing director said on Wednesday. Over the past two years, the exchange operator, which owns the Chicago Mercantile Exchange and other markets, has cut trading hours,...

  • CHICAGO, Oct 11- CME Group Inc plans no further moves to reduce volatility in its cattle futures market, after making a series of changes to rein in wild price swings that drove away hedgers, a managing director said on Wednesday. Over the past two years, the exchange operator, which owns the Chicago Mercantile Exchange and other markets, has cut trading hours,...

  • WASHINGTON, Sept 22- The U.S. Commodity Futures Trading Commission ordered Merrill Lynch, Pierce, Fenner& Smith Inc to pay a $2.5 million civil penalty on Friday for record-keeping violations and failing to properly supervise its traders in 2010.. The settlement followed probes in 2009 and 2010 by CME Group into the firms trading in U.S. dollar interest rate...

  • Sept 14- CME Group Inc, the world's largest futures market operator, said on Thursday it will exit its over-the-counter credit default swap clearing business by mid-2018. The company said it would dissolve the CDS guarantee fund following the exit, freeing $650 million to CDS clearing members. CME said it would now focus its over-the-counter clearing services...