Latest CME Group Stories
HOUSTON, Nov. 22, 2011 /PRNewswire/ -- CME Group has listed the first-ever US biodiesel swap future (subject to the rules and regulations of the New York Mercantile Exchange (NYMEX)) based on Houston biodiesel prices published by international energy price reporting agency Argus. The new swap future is available for trading on the NYMEX trading floor and for submission for clearing through CME ClearPort starting 21 November 2011. The new swap future is the first US-based...
CHICAGO and LONDON, Nov. 22, 2011 /PRNewswire/ -- Eris Exchange, a US-based futures exchange, today announced that it has received the 2011 FOW Award for Best Innovation by an Exchange in the Field of Product Design for North America. The award, which was announced at the FOW Derivatives World event in London, recognizes Eris Exchange's 2010 introduction of the groundbreaking Interest Rate Swap Futures contract that embeds the cash flows of OTC interest rate swaps into a futures...
CHICAGO, Nov. 16, 2011 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today released the following statement on the Enterprise Products Partners L.P. and Enbridge Inc. reversal of the Seaway pipeline: "We're pleased to congratulate Enterprise and Enbridge on the reversal of the Seaway crude oil pipeline," said Bryan Durkin, chief operating officer and managing director, products and services, CME Group. "With its reversal, Seaway will be an...
NEW YORK and CHICAGO, Nov. 4, 2011 /PRNewswire/ -- McGraw-Hill (NYSE: MHP), one of the world's foremost financial information companies and owner of S&P Indices, and CME Group (NASDAQ: CME), the world's leading and most diverse derivatives marketplace and 90-percent owner of the CME Group/Dow Jones joint venture, announced today an agreement to establish a new joint venture in the rapidly growing index business. Under the terms of the agreement, which has been approved by the Boards of...
CHICAGO, Nov. 2, 2011 /PRNewswire/ -- CME Clearing is holding substantial excess margin collateral from MF Global Inc. ("MF Global") and therefore continues to be in a strong financial position, both with respect to MF Global and more generally. MF Global's customer positions on CME Group exchanges were and continue to be substantially over-collateralized at CME Clearing. As of today, the proprietary positions of MF Global have been liquidated with no adverse market impact, leaving a...
NEW YORK, Oct. 24, 2011 /PRNewswire/ -- The Dow Jones Credit Suisse Hedge Fund Index finished down 3.20% in September compared with a drop of 9.88% for the Dow Jones Global Index. A new monthly commentary offers insight into hedge fund performance through the month of September. Some key findings from the report include: Uncertain market conditions benefitted Dedicated Short Bias - the only sector to post positive performance for the month;Long/Short Equity managers saw declines, although...
CHICAGO, Oct. 20, 2011 /PRNewswire/ -- Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include Apple (Nasdaq: AAPL), Google (Nasdaq: GOOG), CME Group (Nasdaq: CME), Netflix (Nasdaq: NFLX) and IBM (NYSE: IBM). (Logo: http://photos.prnewswire.com/prnh/20101027/ZIRLOGO) Get the most recent insight from Zacks...
CHICAGO, Oct. 19, 2011 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives exchange, today released the following statement regarding the Commodity Futures Trading Commission (CFTC)'s rule making on position limits: "CME Group commends the Commission and staff of the CFTC for their efforts to respond to the more than 13,000 comment letters filed on the CFTC's position limits proposal. We also appreciate the Commission's recognition of the need to establish...
CHICAGO, Oct. 17, 2011 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced it reached an open interest record for its power contracts. At the close of trading Friday, open interest in CME Group power contracts reached 1,001,362,363 Megawatt hours (MWh), breaking the billion MWh threshold for the first time ever. CME Group power contracts are listed with, and subject to, the rules of the New York Mercantile Exchange (NYMEX). "We're very...
CHICAGO, Sept. 30, 2011 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced it has appointed Gary Morsches as Managing Director of its energy business. Morsches will be based in New York and will be responsible for leading CME Group's global energy complex, which provides leading benchmark products across the entire energy spectrum. He will join CME Group on September 30, 2011, and will report to Kendal Vroman, Managing Director,...
