All Entries in the "Commodity" Category
NZX Dairy Futures Participants Gain Access to SunGards Derivatives Processing Solutions
Clearing participants in NZX’s Global Dairy Futures market will be able to process dairy futures and whole milk powder futures via SunGard’s Stream Clearvision, Stream Ubix and Stream GMI middle- and back-office listed derivatives solutions. Under the arrangement between NZX and SunGard, NZX Dairy Futures Participants who are also SunGard customers will be able to [...]
TGE Launches Rice Futures
The Launch date for Rice futures will be on August 8, 2011 starting from the Day Session. The rice futures contract will start trading with 3 contract months- the November 2011, December 2011 and January 2012 contract months. Rice Futures Contract Specification Standard Grade Nonglutinous brown rice in the current crop year with grade 1 [...]
TGE Approval for Pilot Listing of Rice Futures from MAFF
In regards to the Tokyo Grain Exchange Inc. (“TGE”) application submittance for the authorization for the pilot listing of rice futures on March 8 of this year, today, TGE received approval for this pilot listing from the Minister of the Ministry of Agriculture, Forestry and Fisheries. Yoshiaki Watanabe, president and CEO, of the Tokyo Grain [...]
Crude Palm Oil Derivatives Record High Open Interest
Open interest for crude palm oil futures (FCPO) on Bursa Malaysia Derivatives (BMD) hit an all-time high of 115,257 contracts on 20 June 2011, surpassing the previous open interest record of 113,415 contracts on 10 June 2011. This is due to stronger interest in FCPO contracts by local and international traders; and increasing hedging activities [...]
SGX Derivatives Market Adds Rubber Futures
Singapore Exchange said May 6 its derivative market will from 16 May add rubber futures to its commodities suite with the migration of SICOM rubber contracts onto the SGX trading platform. The addition of SICOM TSR 20 and SICOM RSS 3 rubber futures will enable more international traders to participate in the contracts, thereby enhancing [...]
MCX launches Iron Ore Futures Contract
MCX, India’s metal and energy exchange, will commence trading in iron ore futures contract from Saturday, January 29, 2011. MCX’s iron ore contract is designed to be the true benchmark of Indian iron ore fines export market. Multi Commodity Exchange of India (MCX) today received permission from the commodity markets regulator – Forward Markets Commission [...]
National Spot Exchange Launches e-Zinc
National Spot Exchange (NSEL), the pan-India electronic spot market for commodities, has launched e-Zinc contracts under its e-Series products with effect from January 14, 2011. NSEL’s e-Series products, which are commodity investment products in demat form, were introduced in 2010 to meet the growing demand of retails investors to invest part of their savings in [...]
SGX Proposes to List Robusta Coffee Contract on Derivatives Platform
Singapore Exchange (“SGX”) is consulting the public on a proposal to list the Robusta Coffee Contract (“Robusta Coffee Contract”) on its derivatives platform. This is part of SGX’s plan to bring all commodities contracts onto one single trading platform. Currently, the SICOM Robusta Coffee Contract trades on Singapore Commodity Exchange (SICOM), a subsidiary of SGX. [...]
BMB Crude Palm Oil Futures Contract Hits All Time High For Daily Volume
Bursa Malaysia Derivatives Berhad’s (BMD) crude palm oil futures (FCPO) contracts reached an all time high of 41,879 contracts for daily volume on 18 November 2010, surpassing the previous record of 37,231 contracts achieved previously on 13 June 2007. The FCPO recorded a healthy open interest at 76,106 contracts on 18 November 2010. Dato’ Yusli [...]
DCE Trading Volume Surpasses 10M for First Time
Trading volume at the Dalian Commodity Exchange surpassed 10 million contracts today for the first time. 10,594,110 contracts were traded today totaling CNY 530.54 billion, surpassing the previous record set last week on November 10th when 9,467,960 contracts were traded at the Exchange. Meanwhile, open interest was down 115,278 today to close at 4,333,770. Corn [...]
