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2011-07-10 20:00:00

SINGAPORE, July 10, 2011 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace and the largest regulated market for foreign exchange, today announced the launch of new foreign exchange (FX) futures contracts based on the Chinese Yuan (CNY), or Renminbi. In order to meet growing global customer demand for products denominated in the Chinese currency, these innovative new futures contracts will be quoted in interbank (European) terms, reflecting the number...

2009-10-16 07:59:00

CHICAGO, Oct. 16 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives marketplace, today announced the launch of trading and clearing services for three new petroleum "last day" financially settled futures contracts. Trading will be available on the New York trading floor and clearing services will be available through CME ClearPort®, a set of flexible clearing services open to over-the-counter (OTC) market participants to substantially...

2009-07-30 10:00:00

CHICAGO, July 30 /PRNewswire-FirstCall/ -- CME Group, the world's largest and most diverse derivatives marketplace, today announced the launch of cleared over-the-counter (OTC) options on physical agricultural commodities beginning August 24. Clearing will be available through CME ClearPort(R), a set of flexible clearing services open to OTC market participants to substantially mitigate counterparty risk and provide neutral settlement prices across asset classes. These contracts are listed...


Word of the Day
tesla
  • The unit of magnetic flux density in the International System of Units, equal to the magnitude of the magnetic field vector necessary to produce a force of one newton on a charge of one coulomb moving perpendicular to the direction of the magnetic field vector with a velocity of one meter per second. It is equivalent to one weber per square meter.
This word is named for Nikola Tesla, the inventor, engineer, and futurist.