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Exchanges CME

  • 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...

  • NEW YORK, Sept 12- U.S. regulations enacted after the financial crisis will likely be revisited and watered down but not eliminated in their entirety, in part because they give much-needed clarity to market participants, the head of CME Group said on Tuesday. CME said in April it would shutter its money-losing UK- based derivatives exchange and clearing house...

  • LONDON, Sept 7- The London Metal Exchange sought on Thursday to win back trading volumes by proposing a cut in fees for trades crucial to its physical user base as rivals gear up to offer alternatives. The exchange has been battling to reverse declines in volumes partly triggered by large rises in trading fees in 2015 that were introduced to lift profits for its...

  • LONDON, Sept 7- The London Metal Exchange sought on Thursday to lure back volumes by proposing a cut in fees for trades crucial to its physical user base in a bid to ward off competition by rivals. The exchange has been battling to reverse declines in volumes partly triggered by large rises in trading fees in 2015 that were introduced to lift profits for its Hong...

  • If the downtrend in oil inventories is maintained, then a bullish case can be made for oil, especially given the ongoing supply restrictions from OPEC and Russia, "said Fawad Razaqzada, market analyst at futures brokerage Forex.com. Erik Norland of CME Group, a major commodity exchange, said "it looks like the growth in U.S. production is quickly running out of steam...

  • If the downtrend in oil inventories is maintained, then a bullish case can be made for oil, especially given the ongoing supply restrictions from OPEC and Russia, "said Fawad Razaqzada, market analyst at futures brokerage Forex.com. Erik Norland of CME Group, a major commodity exchange, said that "it looks like the growth in U.S. production is quickly running out of...

  • BOX plans to open the trading floor in Chicago later this month, the exchange said in a statement following the decision to allow the move by the U.S. Securities and Exchange Commission. There are a handful of options trading floors left in the United States, including NYSE Arca Options in San Francisco, NYSE American Options in New York, Nasdaq PHLX in...

  • BOX plans to open the trading floor in Chicago later this month, the exchange said in a statement following the decision to allow the move by the U.S. Securities and Exchange Commission. There are currently four options trading floors in the United States: NYSE Arca Options in San Francisco, NYSE American Options in New York, Nasdaq PHLX in Philadelphia, and the...

  • NEW YORK, Aug 2- CME Group Inc, the world's biggest exchange operator by market value, is looking to the lucrative business of selling data to boost revenue, spawn new financial products, and change the way many futures contracts trade. But early stumbles have undercut confidence that the Chicago- based company can catch up with rivals, much less transform the...

  • July 26- The CME Group said on Wednesday that it will develop futures and options based on the repurchase agreement market, after a bank committee in June selected a benchmark repo rate to be used as an alternative to Libor in derivatives transactions. The Alternative Reference Rates Committee selected a broad repo rate as a new benchmark at the behest of...

  • CHICAGO, June 21- U.S. futures regulators fined a Memphis trading firm and three associates $5 million on Wednesday for using a manipulative tactic in CME Group Inc's cattle futures, a market grappling with extreme volatility. The Commodity Futures Trading Commission said it penalized McVean Trading& Investments $1.5 million and its chairman, Charles Dow...

  • LONDON, June 8- Two contenders have emerged to run London's silver benchmark- gold benchmark operator Intercontinental Exchange, which offers a model with clearing, and a flexible auction process proposed by the London Metal Exchange. It is due to announce a replacement for current operators CME Group and Thomson Reuters this summer. The LBMA said in March that...

  • LONDON, June 7- Intercontinental Exchange has substantially expanded the range of dates that its London gold futures contract can be traded, as it seeks to beat rival exchanges to gain a foothold in the city's $5 trillion- a-year bullion market. ICE launched its London gold contract in January and has moved to promote it ahead of the launch in July of a rival suite...

  • CME took emergency action to allow bigger-than-normal price swings in its interest rate futures on Election Day on Tuesday.

  • Mad Money 2

    Jim Cramer was shocked at the strong performance of exchange stocks, thanks to a recent wave of consolidation.

  • More trouble for banks?

    The "FMHR panel" and Jim Cramer discuss the current big worries over banks.

  • CME to close NY trading floor

    The CME will close the NY trading floor at the end of year. CNBC's Seema Mody reports the details.

  • China Merchants Group wants to buy Baltic Exchange

    The state-run conglomerate is joining the race to buy London's Baltic Exchange.

  • New York's Wall Street.

    A class action lawsuit accuses banks of conspiring to limit competition in the $320 trillion market for interest rate swaps.

  • A trader signals offers in the Standard & Poor's 500 stock index futures pit at the CME Group in Chicago.

    The CME Group plans to raise transaction fees on a host of products starting Jan. 1, 2016, pending regulatory approval, the exchange said on Monday.