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  • CME Group Purchases 159 CBOE Exercise Right Privileges - CME Group Is Single Largest ERP Holder

    Date 30/08/2007

    CME Group, the world's largest and most diverse exchange, announced today that 159 Chicago Board Options Exchange (CBOE) exercise right privileges (ERP) were tendered to the company by members of the Chicago Board of Trade at $250,000 each. The aggregate price for the ERPs is $39.75 million, which will be paid by the company on September 26. As the holder of 159 ERPs, representing 12 percent of the 1,331 outstanding, CME Group is the single largest ERP holder.

  • Dow Jones STOXX Select Dividend 30 Index Licensed To First Trust To Underlie Exchange-Traded Fund

    Date 30/08/2007

    STOXX Ltd., the leading European index provider, today announced the Dow Jones STOXX Select Dividend 30 Index has been licensed to First Trust Portfolios LP to serve as the underlying for an exchange-traded fund (ETF). The First Trust DJ STOXX Select Dividend 30 Index launched today on the American Stock Exchange.

  • S.C. Heuston & Co (Rubber) Ltd Joins Singapore Commodity Exchange As New Associate Member

    Date 30/08/2007

    The Singapore Commodity Exchange (SICOM) is pleased to welcome S.C. Heuston & Co (Rubber) Ltd as its new Associate Member.

  • EEX AG: Spin-Off Proceeds As Planned – Spot Trading In Power Transferred Into An Independent Company

    Date 30/08/2007

    European Energy Exchange AG (EEX) is continuing the spin-off process regarding its business divisions as planned. After the supervisory board, the exchange council, the exchange supervisory authority and the shareholders have granted their approval, the division of spot trading in power will now be spun off into an independent company: EEX Power Spot GmbH, which will at first be wholly owned by EEX, will be established retroactively as of 1 January 2007. With this spin-off EEX wants to attrac

  • HKFE Announces Revised Margins For Futures Contracts

    Date 30/08/2007

    Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Monday, 3 September 2007, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contracts will be as outlined in the table below. The adjustments are based on the clearing company's normal procedures and standard margining metho