Latest Derivatives Stories

SHENZHEN, China, May 9, 2012 /PRNewswire-Asia-FirstCall/ -- Universal Travel Group (OTC Pink: UTRA) ("Universal Travel Group" or the "Company"), a leading travel services provider in China offering package tours, air ticketing, and hotel reservation services online and via customer service representatives, today announced that is has begun trading on the OTC Pink under the symbol UTRA. OTC Pink is operated by OTC Markets Group Inc, the world's largest electronic marketplace for...

ATLANTA, May 8, 2012 /PRNewswire/ -- IntercontinentalExchange's Creditex subsidiary and Markit will conduct a Credit Event Auction to facilitate settlement of credit default swaps (CDS) trades on Sino-Forest Corp. on May 9, 2012. This will be the first credit event auction conducted to settle CDS trades outside of North America, Europe and Japan. (Logo: http://photos.prnewswire.com/prnh/20090727/CL51999LOGO ) Earlier this year, the International Swaps and Derivatives...

LONDON, May 8, 2012 /PRNewswire/ -- You can take a position on the major indices markets with CFD trading provider City Index [http://www.cityindex.co.uk/cfd-trading/how-to-manage-risks.aspx ], whilst benefiting from paying no stamp duty* through trading CFDs. The Royal Bank of Scotland (RBS) reported better-than-expected first-quarter earnings for 2012 before the UK markets opened on Friday 4 May. The state-owned lender posted operating profits of GBP1.2...

ANN ARBOR, Mich., May 7, 2012 /PRNewswire/ -- Tecumseh Products Company (Nasdaq: TECUA, TECUB), a leading global manufacturer of compressors and related products, today reported a net loss of $7.1 million, or $0.38 per diluted share, on net sales of $219.6 million for the quarter ended March 31, 2012. This compares with a net loss of $8.4 million, or $0.45 per diluted share, on net sales of $242.9 million for the first quarter of 2011. "Our operations continued to be...

NEW YORK, May 7, 2012 /PRNewswire/ -- BNY Mellon, the global leader in investment management and investment services, today announced a series of technological enhancements to the notification capabilities of its patent pending Margin DIRECT(SM) liquidity management product. Margin DIRECT combines BNY Mellon's custody and liquidity management capabilities for institutional investors looking for segregation of pledged collateral balances away from counterparties. The new...

CHICAGO, May 4, 2012 /PRNewswire/ -- CME Group announced today that Chief Executive Officer Phupinder Gill and Chief Financial Officer Jamie Parisi will present at the UBS Global Financial Services Conference, to be held at the Waldorf Astoria Hotel in New York City on Tuesday, May 8, at( )2:20 p.m. (Eastern Time). The presentations will be broadcast live over the Internet and can be accessed via the exchange's web site at http://investor.cmegroup.com. Please allow extra time prior...

BEIJING, May 4, 2012 /PRNewswire-Asia-FirstCall/ -- Vimicro International Corporation (NASDAQ: VIMC) ("Vimicro" or the "Company"), a leading multimedia semiconductor and IP-based surveillance solution provider, today announced the completion of a block share-repurchase transaction. In the transaction, the Company repurchased 2.2 million ADSs from a shareholder for a total transaction value of $2.75 million, or $1.25 per ADS. (Logo:...

NEW YORK, May 4, 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 Yippy, Inc. (OTCQX: YIPI), a provider of fast, family friendly search engine and educational reference portals, is now trading on the OTC market's highest tier, OTCQX®. (Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO) Yippy began trading today on the OTC market's prestigious...

LONDON, May 4, 2012 /PRNewswire/ -- Start spread betting the FTSE 100 [http://www.cityindex.co.uk/spread-betting ] index regardless of whether it rises or falls with spread betting and CFD trading provider, City Index. Spread Bet with City Index Before you start spread betting on the future price movements of major indices such as the FTSE 100, Wall Street index, Germany 30 and France 40 - you first need to look at which spread betting provider...

FORT MYERS, Fla., May 3, 2012 /PRNewswire/ -- Yippy, Inc. (PINKSHEETS: YIPI) (www.yippy.com) ("Yippy" or the "Company"), providers of the world's fastest, family friendly search engine and web portal, announced today that its common stock will transition from the OTC Pink tier of the OTC marketplace and will begin trading on the quality-controlled OTCQX® U.S. trading platform (the "OTCQX U.S."), effective Friday, May 4, 2012. The OTCQX U.S. tier distinguishes the highest...