News
Imarex buys Spectron
Imarex ASA, the holding company that owns Oslo-based broker / exchange Imarex and clearing house NOS, has agreed to purchase interdealer broker Spectron Group for £70 million ($138 million).
CFTC Establishes New Energy Markets Advisory Committee
The Commodity Futures Trading Commission (CFTC) has set up an advisory committee providing a public forum to examine emerging issues related to the energy markets and the CFTC’s role in these markets under the Commodity Exchange Act.
Sky Road Power Platform Launched
Software solutions provider Sky Road has launched the Sky Road Power Platform, providing access to all pricing points in the PJM Interconnection, New England, New York, and Midwest Independent System Operator (ISO) /Regional Transmission Organization …
SSY freight screen links to NOS for clearing
Shipbroker SSY has added a direct link to NOS clearing for clients of is freight derivatives trading platform, run in conjunction with globalCOAL.
Bank of America and Climate Exchange call off joint venture
Bank of America and Climate Exchange, parent company of the Chicago Climate Exchange and European Climate Exchange, have scrapped plans for a formal joint venture.
CME/Nymex defend clearing operations
Exchanges defend vertically integrated clearing in face of increasing scrutiny over merger proposals
EEX and Eurex to launch CER futures in March
The carbon trading cooperation between European Energy Exchange (EEX) and Eurex will expand further with the imminent launch of futures contracts for certified emissions reduction (CER) credits.
US regulator casts doubt over CME/Nymex merger
In a briefing released today, the US Justice Department said that financial futures markets that offer their own clearing services could be anti-competitive, which may prove to be an obstacle to CME Group’s plan to acquire the New York Mercantile…
Evolution Launches Freight Brokerage Division
Evolution Markets has launched a freight brokerage division, providing brokerage and structured transaction services to global ocean freight markets.
OTC space braces for energy powerhouse
CME's potential acquisition of Nymex will have major ramifications for rivals, say analysts. David Watkins reports
GFI buys Trayport
GFI has acquired Trayport, a provider of real-time electronic trading software for brokers, exchanges and traders in the commodities, fixed income, currencies and equities markets.
ICE to acquire YellowJacket
Electronic exchange and over-the-counter (OTC) market operator IntercontinentalExchange (ICE) is to acquire YellowJacket Software.
Icap Hyde buys Capital Shipbrokers
Global shipbroking firm, Icap Hyde, has acquired Capital Shipbrokers, a privately-owned shipbroker based in London.