Exchanges
ICE & GlobalCOAL launch joint coal futures contracts
GlobalCOAL and IntercontinentalExchange (ICE), have joined forces to launch two new coal futures contracts on ICE Futures Europe
Market split over Green Exchange
The Green Exchange launched its crusade into the environmental trading markets last month, but it will have a battle on its hands to gain critical liquidity, writes Andrew Holt
JP Morgan eyes Bear Energy prize
JP Morgan's planned acquisition of Bear Stearns looks set to bring it closer to rivalling the biggest energy investment banks, Goldman Sachs and Morgan Stanley, writes David Watkins
Suppliers fight for green
A shortage of green power in the US has left some states struggling to meet mandatory renewables supply targets. Long-term supply contracts could help producers build new plants, but utilities and competitive suppliers are feuding over who gets to sign…
Goldman goes for Green
Investment bank Goldman Sachs has joined the Green Exchange as a "founding member," the exchange announced today.
Nymex agrees “definitive” $9.4 billion merger with CME
CME Group, the parent company of the Chicago Mercantile Exchange (CME), is to acquire the New York Mercantile Exchange (Nymex) on terms that remain unchanged from CME’s original offer first put forward in January.
MF Global plunges amid liquidity fears
MF Global, the world's largest broker of exchange-listed futures and options, sought to reassure investors that it had sufficient funds despite seeing its share price fall by 78% following a spate of rumours to the contrary.
Green Exchange begins trading
In keeping with the green theme of St. Patrick’s Day, The Green Exchange, a partnership that incorporates brokers, traders, venture capital firms and investment banks commenced trading today.
Green Exchange begins trading
In keeping with the green theme of St. Patrick’s Day, The Green Exchange, a partnership that incorporates brokers, traders, venture capital firms and investment banks commenced trading today.
Montreal Climate Exchange to launch carbon futures
The Montréal Climate Exchange (MCeX), a joint venture of the Montréal Exchange (MX) and the Chicago Climate Exchange (CCX) is planning to launch futures contracts on Canada carbon dioxide equivalent (CO2e) units on May 30, 2008, subject to regulatory…
Crude Oil surges to $107
The New York Mercantile Exchange (Nymex) benchmark oil contract has exceeded $107 per barrel in midday trading as the value of the US dollar continues to plunge
Crude rally continues as analysts eye $115 oil
West Texas Intermediate (WTI) crude for April delivery surged to over $105/bbl on Thursday as analysts questioned how much longer the rally could continue.
Nymex and LCH.Clearnet form clearing alliance
New York Mercantile Exchange (Nymex) and clearing house LCHClearnet will team up to offer two energy contract slates, one cleared by Nymex ClearPort in New York and the other cleared by LCH in London.
Nord Pool sells EEX stake to Eurex
Nord Pool ASA has agreed to sell its 17% stake in European Energy Exchange (EEX) to Eurex. Eurex plans to acquire up to 44% in EEX – for a total of €55 million − to strengthen its existing emissions trading partnership and continue its expansion into…