News Centre

CBOT Fed Watch - May 7th Market Close

Date 07/05/2007

In advance of next week's Federal Open Market Committee meeting on May 9, the Chicago Board of Trade will be reporting daily rate change probabilities in the FOMC's federal funds target rate, as indicated by the CBOT 30-Day Federal Funds futures contract. The CBOT 30-Day Federal Funds futures contract is a key benchmark interest rate barometer that reflects the forward overnight effective rate for excess reserves that are traded among commercial banks in the U.S. federal funds market.

SEC: Settled Administrative Proceeding Against Zurich Capital Markets Inc. For Financing Of Hedge Funds' Illegal Market Timing

Date 07/05/2007

The Securities and Exchange Commission today announced a settled administrative proceeding against Zurich Capital Markets Inc. (ZCM) for its role in providing financing to hedge fund clients that engaged in market timing of mutual funds and facilitating the hedge funds' deceptive trading tactics. The Commission ordered ZCM, a New York-based subsidiary of Zurich Financial Services, to pay $16.8 million consisting of $12.8 million in disgorgement and prejudgment interest and a $4 million penalty.

The Bank Of East Asia Selected GL TRADE For Its Trading On Options

Date 07/05/2007

GL TRADE, global provider of front-to-back office software solutions for international financial institutions, announces that The Bank of East Asia (“BEA”), the largest independent local bank in Hong Kong, has selected GL TRADE options trading station, GL RUBYX to handle market making on 10 equity options on Hong Kong Futures Exchange (“HKFE”) currently.

The Philadelphia Stock Exchange Announces April Volume

Date 07/05/2007

The Philadelphia Stock Exchange announced today that equity option volume in April rose 31.98% when 25,824,063 contracts compared to the same year-ago period when 19,567,378 contracts traded. Equity option volume in April decreased 9.40% compared the previous month when 28,503,350 contracts traded.

Winnipeg Commodity Exchange Statistics Bulletin For April 2007

Date 07/05/2007

Click here to download Winnipeg Commodity Exchange's statistics bulletin for April 2007.

HKEx Monthly Market Highlights - April 2007

Date 07/05/2007

The securities market capitalisation reached $14,040 billion on 11 April 2007 , exceeding $14 trillion for the first time. It reached an all-time high of $14,373 billion on 26 April 2007. Hang Seng China H-Financials Index Futures commenced trading on 16 April 2007. China CITIC Bank Corporation Limited (CITIC BANK, stock code 998), the second

Avox To Include Fitch Ratings Credit Opinions In Counterparty Data - Partners Sign Co-Operation Agreement

Date 07/05/2007

Avox, the leading counterparty data verification network, and Fitch Ratings, a leading global rating agency, have signed a co-operation agreement over the linkage to Fitch company identifiers and credit opinions in Avox’s corporate data offering. Avox supplements its clients’ data records with information from Fitch Ratings as part of its industry leading counterparty data validation, cleansing and maintenance service.

HKEx Exchange Participants Statistics - On-Floor And Off-Floor Trading Statistics

Date 07/05/2007

Transaction in Terms of Turnover and Number of Trades Conducted On-floor and Off-floor Main Board + Trading Only Stocks  

SGX Appoints New Head Of Development

Date 07/05/2007

Singapore Exchange Limited (SGX) today announced the appointment of Mr Chew Sutat as its new Executive Vice President and Head of Development with effect from 1 June 2007.

First North To Be Launched In The Baltic Countries

Date 07/05/2007

Following the successful launch of the alternative market First North in the Nordic countries, OMX extends the concept of First North to the Baltic region in 2007. First North provides growing companies with an easy access to the Nordic, Baltic and global financial markets. In addition to that it provides the investors with additional investment possibilities. First North is one of the fastest growing alternative markets in Europe.