All Entries in the "Futures" Category
SGX Enhances OTC Clearing of Commodities
Singapore Exchange (SGX) said April 18 SGX AsiaClear has enhanced access to its clearing process with the linking of OTC broking systems to its OTC Trade Registration System. The OTC broking community will benefit from the link which allows trades matched in an inter-dealer broker’s OTC broking system to flow straight through to SGX’s Trade [...]
SMX Announces New Membership Categories and New Precious Metals Contracts
The Singapore Mercantile Exchange (SMX), the first pan-Asian multi-product commodity and currency derivatives exchange, announced major initiatives to broad base the market participants by introducing new categories of Trade Member. In addition, SMX announced the launch of two popular contracts in precious metals. These initiatives are expected to further develop depth, breadth and liquidity on [...]
China Regulator: More Futures and Derivatives Planned
The chairman of the China Securities Regulatory Commission (CSRC) vowed March 29 to develop the crude oil futures market and speed up creation of new financial derivatives. “The regulator will push the reform of the futures market at a faster pace in order to make it better serve the country’s economic growth,” Guo Shuqing, chairman [...]
BSE Launches Trading in BRICSMART Indices Derivatives
BSE (formerly known as the Bombay Stock Exchange) March 30, in a bell ringing ceremony, launched the first phase of BRICS (Brazil, Russia, India, China and South Africa) Exchanges Alliance by commencing trading in Hang Seng Index Futures, FTSE/JSE Top40 Futures, iBOVESPA futures and MICEX Index Futures. The Consul Generals of the four nations along [...]
OTC Clearing In Asia: Under Construction
All around the Asia-Pacific region, regulators are putting in place requirements for mandatory clearing of over-the-counter derivatives. At the same time, new services for the clearing of OTC derivatives are being developed in every major financial center in the region. While the landscape is still far from final, at least five countries are on track [...]
CFTC Approves SGX Stoxx 50 Index Future
On February 6, 2012, Singapore Exchange Derivatives Trading Limited (SGX) requested expedited Commodity Futures Trading Commission (CFTC) review of the SGX’s Euro Stoxx 50 Index futures contract so that it may be offered to U.S. persons. SGX also requested that the contract may be made available through direct access terminals in the United States. The [...]
SGX Proposes Changes to Reporting and Registration of Negotiated Large Trades in Derivatives Market
Singapore Exchange (SGX) is consulting the public on its proposed changes to the reporting and registration of Negotiated Large Trades (NLTs) in the derivatives market. To enhance the reporting process for market participants, the proposed changes are:- * To introduce a new functionality to enable the registration of NLTs through QUEST Application Programming Interface (API); [...]
BRICS Exchanges to Cross-List Benchmark Equity Index Derivatives
The five founding members of the BRICS Exchanges Alliance (Brazil, Russia, India, China and South Africa) will begin cross-listing benchmark equity index derivatives on each other’s trading platforms on 30 March (Friday). The move was announced today (Tuesday) at the Futures Industry Association’s 37th International Futures Industry Conference in Boca Raton, Florida. The five exchanges, [...]
China Mulling Resumption of T-bond Futures
China Financial Futures Exchange (CFFEX) is mulling resumption of treasury bond futures trading, but a timetable has not been set, Zhu Yuchen, general manager of the CFFEX, told Xinhua. The CFFEX has completed the initial design of the futures contracts tracking a four-to-seven-year medium-term bond, Zhu said on the sidelines of the country’s annual parliamentary [...]
DCE: Supporting Domestic Spot Enterprises to Use Foreign Commodity Futures Markets to Manage Risks
In recent years, the world’s economic integration process continues to accelerate, China’s reform and opening up has further deepened and international trade is continuously expanding. Affected simultaneously by instability and uncertainty of the global macroeconomics and changes of commodity demand and supply, international commodities are traded at high prices. Since pricing of commodities in international [...]
