News Centre

CME Group Begins Clearing Euro-Denominated Interest Rates Swaps, Announces New IRS Clearing Record

Date 19/10/2011

CME Group, the world's leading and most diverse derivatives marketplace, today announced that it has begun clearing Euro-denominated interest rate swaps (IRS).  The company also announced that it set a new daily record for IRS clearing on October 18, 2011, with $8 billion in U. S. customer volume cleared. 

José Manuel Durão Barroso, President Of The European Commission - Remarks By President Barroso At The Farewell To Jean-Claude Trichet

Date 19/10/2011

Cher Jean-Claude,

Chancellor,

Presidents

Excellencies, Ladies and Gentlemen,

We are here today to pay tribute to Jean-Claude Trichet's leadership of the European Central Bank.

BOX VP Tapped For Security Traders Association Board - Patty Kevin-Schuler Named As National Governor

Date 19/10/2011

The BOX Options Exchange (BOX) announced that Patty Kevin-Schuler, Vice President of Sales & Marketing, has been named by the Security Traders Association (STA)-National as a two-year term governor. Kevin-Shuler is also the 2011-2012 president of the Security Trader Association of Chicago (STAC). The Board appointment is effective January 1, 2012.

European Commissioner Michel Barnier Welcomes Trilogue Agreement By Council And Parliament On New Rules For Short Selling And Credit Default Swaps

Date 19/10/2011

"Last night's agreement by the European Parliament and the Council represents a significant step towards greater transparency, stability and responsibility in short selling transactions and sovereign Credit Default Swap (CDS) markets. It will now need to be formally endorsed by the European Parliament, Council and Commission. When this regulation enters into force, regulators will be able to respond in a more coordinated and effective way when short selling poses a risk to the stability of markets.

MGEX Board Appoints Public Directors, Officers, Committee Assignments

Date 19/10/2011

At its October 18, 2011 Organizational Meeting, MGEX (Exchange) announced its Board of Directors (Board), named 2011-2012 public directors, Board officers and approved committee representatives.

European Commission: Regulation On Short Selling And Credit Default Swaps - Frequently Asked Questions

Date 19/10/2011

What is short selling?

Short selling is the sale of a security that the seller does not own, with the intention of buying back an identical security at a later point in time in order to be able to deliver the security. Short selling can be divided into two types:

1."Covered" short selling is where the seller has borrowed the securities, or made arrangements to ensure they can be borrowed, before the short sale.

2."Naked" or "uncovered" short selling is where the seller has not borrowed the securities at the time of the short sale, or ensured they can be borrowed.

CME Group Statement Regarding Position Limits

Date 19/10/2011

CME Group, the world's leading and most diverse derivatives exchange, today released the following statement regarding the Commodity Futures Trading Commission (CFTC)'s rule making on position limits:

"CME Group commends the Commission and staff of the CFTC for their efforts to respond to the more than 13,000 comment letters filed on the CFTC's position limits proposal. We also appreciate the Commission's recognition of the need to establish equivalent position limits in the important spot month for physically-settled futures and those cash-settled futures and swaps which are based on the daily and final settlement prices of the primary physically-delivered price discovery contracts. With the lone exception of natural gas, the CFTC's interim final rule will appropriately limit opportunities for inter- market manipulation and abuse in the spot month where the risk of misconduct and artificial prices is most acute."

AlgoSpan Optimises Connectivity Platform For The Trading Community - New Leading Low Latency Routes To Frankfurt And Stockholm

Date 19/10/2011

AlgoSpan Ltd, a provider of high performance low latency trading technology solutions, has improved important low latency routes on its market access platform (AlgoNet), ensuring it continues to deliver ‘shortest path’ connectivity to the trading community.

ICE Futures Canada To Introduce Wheat And Barley Contracts Upon Enactment Of Legislation Providing Grain Marketing Freedom For Farmers

Date 19/10/2011

ICE Futures Canada, a subsidiary of IntercontinentalExchange (NYSE: ICE), today announced its intention to introduce new futures contracts for milling wheat, durum wheat and barley if federal legislation providing marketing freedom for farmers is enacted by the Canadian Parliament.

NYSE Technologies Launches The Capital Markets Community Platform Advisory Service - Helping Customers Identify And Quantify The Benefits And Efficiencies Of Cloud Computing

Date 19/10/2011

NYSE TechnologiesSM, the commercial technology division of NYSE Euronext, today announced the launch of the Capital Markets Community Platform Advisory Service which assists market participants in discerning the functional, economic and security benefits of moving to a cloud environment.