Exchanges
Oil reaches new record as gas continues to rise
Crude oil futures closed at a record $102.59 on the New York Mercantile Exchange (Nymex) Thursday.
Nymex to launch first Green Exchange contracts
New York Mercantile Exchange (Nymex) is to introduce its first slate of futures and options contracts, as part of its Green Exchange initiative, on 16 March for trade date 17 March.
ECX and LCH clear way for CER futures launch
European Climate Exchange (ECX) and clearing house LCH.Clearnet have reached an out-of-court settlement over the proposed launch of ECX Certified Emission Reduction (CER) futures contracts.
Crude oil hits new record
Crude oil for March delivery rose 73 cents to finish at a new record closing high of $100.74 a barrel on the New York Mercantile Exchange (Nymex) today.
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.
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…
OTC space braces for energy powerhouse
CME's potential acquisition of Nymex will have major ramifications for rivals, say analysts. David Watkins reports
CME offer for Nymex leaves ICE in the cold
The potential creation of the world’s largest exchange will strengthen rivals’ urge to merge, say analysts. David Watkins reports.
CME makes offer for Nymex
The Chicago Mercantile Exchange (CME) has confirmed that it has made an offer for the New York Mercantile Exchange (Nymex).
NYSE Euronext and Caisse des Dépôts launch carbon exchange
NYSE Euronext and French state bank Caisse des Dépôts have announced the launch of Bluenext, an international exchange that will operate markets in carbon emission allowances and credits.
UBS launches Greenhouse Index
UBS Investment Bank has launched the UBS Greenhouse Index (UBS-GHI) , the first tradable investment benchmark tracking the Greenhouse Effect.
Commodities trading volumes boom in 2007
Trading volumes of commodities on the Chicago Mercantile Exchange’s Globex platform, consisting of New York Mercantile Exchange (Nymex) energy contracts and Comex metals, reached record levels in 2007, as did annual volumes at Atlanta-based…
Exchanges see green in emissions trading
Battle lines are being drawn in the emissions space as Nymex aims to grab a slice of the booming global market, writes David Watkins
Powering consolidation
Could the merger of Germany's European Energy Exchange and France's Powernext be the first step towards a pan-European power exchange? Roderick Bruce investigates
OMX and Nord Pool to create Nord Pool International
Swedish exchange technology company OMX has acquired Norwegian derivatives exchange Nord Pool’s international derivatives products, along with its clearing and consulting operations.The two companies aim to create an international energy and carbon…
EEX and Powernext agree to merge
The board of Germany’s European Energy Exchange (EEX) has agreed plans for the exchange to pool its power spot and futures markets with France’s Powernext exchange, laying the foundations for a pan-European energy exchange.
Nymex Launches Green Exchange
Nymex Holdings, the parent company of the New York Mercantile Exchange (Nymex), is to form a new exchange trading environmental futures, options and swaps contracts.