Tag Archive for 'CME Group'

Computers quieter,faster than open outcry

Another floor of shouting traders has just closed in New York, after CME Group closed its open outcry trading pits in New York. Trading pits continue in Chicago but much reduced. Securities exchanges used to heave with drama, excitement, noise and emotion, gradually the computers have taken over.

JSE adds derivatives: grain specific to silos and more silver and platinum futures

South Africa’s JSE Ltd continues to expand its commodity derivatives range, adding silver and platinum “quanto futures” and it is helping South Africa’s grain market by allowing Safex silo receipts to complete a futures contract, so producers and buyers can trade grain depending on location.

Kentucky wheat futures contract coming to JSE

The JSE will introduce its third wheat futures contract, with a cash-settled contract based on hard red winter wheat, referencing the Kansas City Board of Trade’s benchmark settlement prices. The contract will be introduced on 28 March with expiry dates in July, September, and December 2012 and March 2013.

Strategy – NYSE Euronext and Deutsche Borse turn to technology and new targets

Mega-mergers and competition continues among the world’s biggest exchanges, despite the move by European regulators to ban Deutsche Börse (DB) and NYSE Euronext (NYX) from forming the world’s biggest exchange. Both are stepping up activities in selling exchange technology and looking at other new directions.