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  • NYMEX And Gallagher Re To Launch Property Damage Risk Futures And Options Contracts

    Date 14/12/2006

    The New York Mercantile Exchange, Inc. (NYMEX) and Gallagher Re, the specialist reinsurance intermediary and advisory firm, today announced that they have reached an agreement whereby NYMEX will list for trading and clear Property Damage Risk contracts, subject to regulatory approval by the Commodity Futures Trading Commission (CFTC). These contracts will allow the 'real time' electronic trading of property damage risk exposures, including hurricane risk through a cleared futures exchange. The c

  • The NYSE Composite Index® Sets New Closing High

    Date 14/12/2006

    The NYSE Composite Index® (NYA) closed today at an all time high of 9147.1.  The previous closing high for the NYA was 9082.10 on Dec. 13.

  • Ata Invest Is First Turkish Capital Markets Firm To Open Office In DIFC

    Date 14/12/2006

    Ata Invest announced today that it has been granted a license by the Dubai Financial Services Authority (DFSA) to operate from the Dubai International Financial Centre (DIFC). The company plans to take advantage of cross-border business opportunities between the GCC and Turkey, and will primarily offer investment banking services to Turkish and Gulf corporate clients.

  • Nakheel Lists World’s Largest Sukuk, Giving DIFX 44% Of Global Listed Value Of Sukuk

    Date 14/12/2006

    Nakheel, a member of Dubai World, today lists the world's largest Sukuk (Islamic-compliant bond) on the Dubai International Financial Exchange (DIFX). The listing confirms the DIFX’s stature as the largest exchange in the world for Sukuk by listed value.

  • NYMEX To Expand Floor Trading Hours For Energy Contracts

    Date 14/12/2006

    The New York Mercantile Exchange, Inc. today announced that it intends to expand the open outcry trading hours for its energy futures and options contracts.