Stock market news live updates: Stock futures hold onto gains after Fed decision – Yahoo Finance
Stock futures opened slightly higher Wednesday evening as investors mulled the Federal Reserve’s latest signals on monetary policy, which suggested the central bank was warming to a near-term policy adjustment as the economy improved further. Contracts on the S&P 500 gained. Earlier, the blue-chip index rose for the first time in five sessions and shook […]
London Stock Exchange to Close Unprofitable Interest-Rate Derivatives Venture – The Wall Street Journal
London Stock Exchange Group PLC is shutting its venture in interest-rate derivatives, CurveGlobal Ltd., after it failed to gain traction with traders over the past five years. CurveGlobal will close in January, and some of its futures markets with zero activity are being suspended immediately, LSEG said in a notice to traders posted on its […]
CME Group Offers Clearing for Sustainable Derivatives – FTF News
SHARE THIS STORY In other news, Northern Trust embraces A.I., Euronext has a new partner, and regulators reach out to municipal securities advisors. Clearing Service to Launch Next Week CME Group is claiming a first for derivatives trading with the September 27 launch of the Sustainable Clearing service intended to help firms “track and report […]
FedEx just painted a disturbing picture of the job market – Yahoo Finance
Do a read through of the disappointing earnings report out of FedEx on Tuesday night and you get the sense non-farm payrolls reports for the rest of 2021 may surprise economists to the downside. The problem (one that may be getting worse, per FedEx)? Finding humans to accept jobs in a very tight labor market […]
Eurex Takes First Step in Crypto Derivatives – Markets Media
Eurex has launched Bitcoin ETN Futures and could eventually launch options or futures on other crypto exchange-traded notes if the derivatives arm of Deutsche Börse Group receives regulatory approval. Randolf Roth, Eurex Randolf Roth, member of the executive board at Eurex, told Markets Media: “The Bitcoin ETN future is our first product in the crypto […]
CME Group to launch sustainable clearing service for derivatives industry – Financial Regulation News – Financial Regulation News
CME Group, which runs several leading derivatives exchanges, announced the launch of the derivatives industry’s first-ever Sustainable Clearing service on Sept. 27. © Shutterstock This new service will help market participants track and report on how their hedging activities are advancing their sustainability goals. Sustainable derivatives encompass both the trading of products such as carbon […]
Malaysia’s CIMB targets $7.2 bln in sustainable finance by 2024 – Reuters
KUALA LUMPUR, Sept 22 (Reuters) – Malaysia’s CIMB Group Holdings Bhd (CIMB.KL) has committed to meet a 30-billion ringgit ($7.16 billion) target in sustainable finance offerings by 2024, the bank said on Wednesday. The country’s second largest lender by assets said the target includes wholesale and commercial financing, bonds and intermediation, wealth products and products […]
Ethereum price struggles despite positive data from derivatives markets – finder.com.au
Yesterday’s onslaught has caused ETHs monthly losses to climb up to around 12%. Ethereum has continued to stay range-bound between the AU $4,000 to $4,800 price bracket for over a fortnight now. As a result of yesterday’s liquidations, the total market capitalization of the crypto industry has dipped to US $1.91 trillion (AU $2.63 approx). […]
LSEG to shutter derivatives exchange CurveGlobal after just five years – The TRADE News
The London Stock Exchange Group has confirmed plans to shutter its derivatives exchange CurveGlobal Markets at the start of next year, bringing a five-year effort to rival Europe’s leading futures platforms to an end. In a market notice, the exchange laid out plans to wind down its derivatives business beginning with the immediate suspension of […]
LIBOR Transition: Derivatives News from CME Group – Lexology
CME Group, the Term SOFR administrator, recently made a couple of important announcements. First, its Term SOFR data are now available for licensing for use in cash market financial products and OTC derivative products. Until now CME Group previously limited Term SOFR data to making loans. Their terms of use, which did not allow the […]
