CHICAGO -- Early this morning ahead of the U.S. market open, the Federal Reserve along with other central banks worldwide announced a global rate cut. In the aftermath of this move, Kevin Cook, host of all programming for www.ONN.tv's Mark2Market channel, featured an interview with Jack Broz, Chicago Board of...
CHICAGO -- Macquarie Group Macquarie, a global provider of banking, financial, advisory, investment and funds management services, today announced it has entered into an asset purchase agreement to acquire the business and assets of US futures clearing firm, Shatkin Arbor, Inc. Shatkin Arbor. Shatkin Arbor will be integrated into Macquarie's...
DUBLIN, Ireland -- Research and Markets http://www.researchandmarkets.com/research/ff98d9/my_word_is_my_bond has announced the addition of the "My Word Is My Bond: Voices from Inside the Chicago Board of Trade" report to their offering. My Word Is My Bond Voices From Inside The Chicago Board of Trade Through interviews of twenty-one...
CHICAGO -- ADM Investor Services, Inc. ADMIS and Iowa Grain Company Iowa Grain have reached an agreement in which ADMIS will acquire the customer business and technologies of Iowa Grain. Terms of the transaction have not been disclosed; however, the transaction is expected to be completed on July 1, 2008....
Former CEO of Chicago Board of Trade Strengthens Leadership Team NEW YORK -- MF Global Ltd. (NYSE: MF), a leading broker of exchange-listed futures and options, today announced the appointment Bernard Bernie Dan as chief operating officer of the company's collective North American businesses. The appointment is the second...
CHICAGO -- Fruition Partners, the Chicago based IT consulting firm, has hired Steve Dickey as its Managing Director of its newly formed Market Data Services division. Dickey will be responsible for developing and growing the Market Data Services consulting division. Previously Dickey was Vice President of Market Data Products...
CME Group announces its trading floor migration is completed, combining all equity, foreign exchange, interest rate and commodity open outcry trading facilities at the Chicago Board of Trade building. Following the July 2007 merger of the CBOT and the CME to form CME Group, the company in January successfully...
DALLAS -- Penson Worldwide, Inc. (NASDAQ: PNSN), a leading provider of execution, clearing, settlement and custody and technology products and services to the global financial services industry, today announced that Bernard W. Dan has been nominated to serve on the Company's Board of Directors and audit committee, subject to his...
Byline: Don Bousquet, Resource News International Winnipeg, Feb 04, 2008 Resource News International via COMTEX -- RNI ICE Futures Canada ICE grain and oilseed futures closed Monday's session mainly higher with canola setting fresh contract highs on big advances in Chicago Board of...
It was another banner year for the futures industry with record volumes, mergers and increasing share prices. The subprime crisis hit the complete impact of which is still unknown; the commodity bull resumed and Chicago's major futures exchanges merged. Here is our annual offbeat look at some of the events...
Byline: Don Bousquet, Resource News International Winnipeg, Jan 31, 2008 Resource News International via COMTEX -- Grain and oilseed futures at the ICE Canada futures market posted small losses in overnight trade with traders expecting to see those declines continue when the North...
Byline: Don Bousquet, Resource News International Winnipeg, Jan 29, 2008 Resource News International via COMTEX -- RNI ICE Futures Canada ICE grain and oilseed futures closed Tuesday's session mixed with canola rallying at the close on the late surge in Chicago Board of...
CHICAGO -- Penson GHCO, the futures and derivatives clearing subsidiary of Penson Worldwide, Inc. (NASDAQ: PNSN), announced today the launch of PFIX API, an advanced electronic trading capability based on the securities industry FIX standard protocol. PFIX API supports sophisticated customers trading in multiple asset classes via their own trading...
As liquidity grows in interest rate swap futures, traders will benefit from improved hedging and trading possibilities. However, to take advantage of these markets, you need to understand the relationships among futures on swaps, T-notes and Eurodollars. Electronic or automated, trading of interest rate swaps has created an...
By Michael Hooper THE CAPITAL-JOURNAL Commodity prices have soared in recent weeks as worldwide supply struggles to keep up with growing demand for wheat, corn, soybeans and milo, a commodities broker said Friday. The passage of a federal energy bill earlier this month provided...
Byline: Don Bousquet, Resource News International Winnipeg, Dec 19, 2007 Resource News International via COMTEX -- Winnipeg Commodity Exchange WCE grain and oilseed futures closed Wednesday's session higher with canola lifted by European commercial demand and strength in Chicago Board of Trade soy complex...
Byline: Don Bousquet, Resource News International Winnipeg, Dec 12, 2007 Resource News International via COMTEX -- Grain and oilseed futures at the Winnipeg Commodity Exchange WCE posted losses in overnight trade and are likely to trade at lower levels this morning, brokers said. ...
Byline: Dwayne Klassen, Resource News International WINNIPEG, MB, Oct 25, 2007 Resource News International via COMTEX -- Weather influences will play a major role in determining how high soybean futures at the Chicago Board of Trade CBOT climb during the next couple of months,...
In 1969 Richard Sandor was teaching economics in the graduate business department at the University of California at Berkeley. Even then he was forward thinking, teaching a course on futures at a time when futures, if addressed at all, would be taught in some agricultural economics course. Sandor would have...
Some might say the reason for the merger of the Chicago Mercantile Exchange CME and Chicago Board of Trade CBOT were hogs. More specifically, the hog futures pit at the CME where then CBOT member Charlie Carey went to go trade when the grains were a bit slow in the...