Latest Derivatives Stories

CARLSTADT, N.J., June 13, 2012 /PRNewswire/ -- Jinpan International Ltd. (Nasdaq: JST) (the "Company"), a leading designer, manufacturer, and distributor of cast resin transformers, today announced that it has entered into agreement with the Bank of Communications for two credit lines - a long term credit line for fixed asset investment and a short term credit line for working capital - totaling RMB 350 million (approximately US$ 55 million). The fixed asset credit line is...

ATLANTA, June 13, 2012 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets announced that ICE Futures U.S. established a daily volume record of 851,852 contracts on June 12, with 801,304 futures contracts and 50,548 options on futures traded during the day. The exchange's previous daily volume record of 840,591 contracts was set on September 16, 2008. (Logo:...

NEW YORK, June 13, 2012 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the company that operates the world's largest electronic marketplace for OTC-traded equities, today announced that Calvista Gold Corp (OTCQX: CAGOF; TSX: CVZ), A mineral exploration company, is now trading on the highest tier of the OTC market, OTCQX®. (Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO) Calvista Gold began trading today on the OTC market's prestigious tier, OTCQX...

NEW YORK, June 12, 2012 /PRNewswire/ -- Commodity performance was negative in May, as fears regarding the ongoing Eurozone crisis and slowing growth momentum weighed on the market. (Logo: http://photos.prnewswire.com/prnh/20091204/CSLOGO ) Nelson Louie, Global Head of Commodities in Credit Suisse's Asset Management division, said, "The end of May brought runs of economic indicators that were below market expectations. In the US, the latest crop of sluggish economic statistics...

CHICAGO, June 11, 2012 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced that Short-Dated New Crop Options set a record on Monday, June 4, trading 2,105 Short-Dated New Crop Corn options contracts on its first day. This represents the greatest volume of day-one trading for any of CME Group's agricultural commodities products, and surpasses the previous record of 1,840 contracts set by Soybean Calendar Spread Options (CSO) on June...

WESTMONT, Ill., June 11, 2012 /PRNewswire/ -- Clarke Capital Management, Inc. (CCM), an award-winning Commodity Trading Advisor (CTA), today announced that fund manager and founder Michael Clarke will transition from Chief Executive Officer to Chairman. John O'Brien, Jr. will assume the role of CEO of the managed futures firm, effective June 30. Chad Butler will remain the firm's President. O'Brien, who is taking on day-to-day management responsibilities, will focus on enhancing...

ROCKVILLE, Md., June 11, 2012 /PRNewswire/ -- EDGAR® Online, Inc. (NASDAQ: EDGR), a premier provider of fundamental financial data, analytics and disclosure management services, today announced the launch of the OTC Fundamental Data Service, an OTC market dataset featuring unique information on companies that do not file fundamental data and disclosures with the Securities and Exchange Commission (SEC). Through its partnership with OTC Markets Group - the largest OTC marketplace...

STROUDSBURG, Pa., June 8, 2012 /PRNewswire/ -- Star Entertainment Group, Inc. (PINKSHEETS: SETY) is pleased to announce it has been upgraded by OTC Markets to the highest trading status of "Current Information". By meeting the OTC Markets Group Guidelines for Providing Current Information guidelines, the Company will now be designated by OTC Pink Current Information. The Current Information Market Tier Designation applies to reporting companies that submit filings to regulators...

CHICAGO, June 8, 2012 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced it will extend open outcry trading hours for CBOT Grain and Oilseed futures and options to 2 p.m. CT, Monday to Friday. Daily settlements will move from 1:15 p.m. CT and will be based on market activity at or around 2 p.m. CT each day for the Grain and Oilseed futures and options as well as for Ethanol futures and options. The new open outcry trading hours...

DUBAI, June 7, 2012 /PRNewswire/ -- The Dubai Mercantile Exchange (DME), the leading energy futures exchange in the Middle East, today announced the addition of Owain Johnson as the Chief of Products and Services to the strategic management team of the Exchange. Owain joins DME from CME Group, where he spent the previous four years as Executive Director in Singapore, covering the Asian energy and commodity markets. Prior to that Owain spent 10 years as an energy market...