Hints and tips:
...offer investors guarantees the market is free from fraud and manipulation.The only crypto-ETFs the US has approved are based on bitcoin futures contracts, which are listed and monitored on the Chicago Mercantile...
...It would also be the CME’s largest acquisition since its $7.9bn cash-and-shares purchase of the New York Mercantile Exchange in 2008....
...But the regulator has granted approval for ETFs that invest in bitcoin futures traded on the Chicago Mercantile Exchange, arguing that futures are safer for investors....
...The move comes as the crypto derivatives market soars in value and activity, and products such as bitcoin and ether futures on the Chicago Mercantile Exchange draw in more users....
...CME acquired Nymex — originally the New York Mercantile Exchange — in August 2008, a deal that cemented its dominance in US futures markets....
...He is battling a rival suitor for London-listed asset manager River and Mercantile as he attempts to create a new competitor in the UK’s investment industry....
...It also presented aggregated data from the electronic markets operated by CME Group, whose New York Mercantile Exchange lists benchmark WTI futures....
...By mid-April, the fund had amassed a quarter of the West Texas Intermediate crude oil contracts for June delivery on CME Group’s New York Mercantile Exchange, equivalent to 147m barrels....
...The Chicago Mercantile Exchange’s record-breaking launch of “micro” e-mini equity index futures contracts provided a shot of optimism this week....
...CME, which owns the Chicago Mercantile Exchange and other derivatives bourses, is forecast to generate a record $3.6bn in revenue this year, mainly from transaction and clearing fees....
...All three were accused of conspiring to manipulate futures contracts traded on the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT) between March 2012 and March 2014....
...Crew is pulling the plug on its newly launched Nevereven brand and discontinuing its budget line Mercantile....
...Among its picks for weathering the storm are Schroders, River & Mercantile and Premier, while the companies it identifies as least resilient include Polar Capital, Liontrust and Intermediate Capital Group...
After a slow start, regulators and exchanges take more action against market abuse
...Many are located in Chicago, having grown out of the trading groups that once screamed and stamped in the pits of the Chicago Mercantile Exchange and the Chicago Board Options Exchange....
...The Chicago Mercantile Exchange has introduced Sofr futures markets, while LCH in London is clearing Sofr swaps. Credit Suisse became the third issuer to dabble in Sofr this week. Sofr, so good....
...● Tim Horan, the former Australian rugby union international, has joined River and Mercantile to lead the Australia and New Zealand operations of the £33bn UK investment manager. He joins from Westpac...
...After selling Nex to the Chicago Mercantile Exchange, this was his last such bash....
...As John Butman and Simon Targett remind us in their deeply researched and well-written New World, Inc., the Pilgrim venture was the outcome of English attempts over seven decades to reach the fabled East...
...BMO of Canada, Schroders and River & Mercantile each run more than 100 mandates that are significantly smaller in combined assets than the LDI operations of each of the big three....
...Prosecutors labelled Mr Thakkar a co-conspirator for developing a trading program that enabled Trader #1 to spoof the e-mini S&P 500 futures contract on the Chicago Mercantile Exchange....
...Mr Melamed, 85, has served on the board since 1967, when the company was the member-owned Chicago Mercantile Exchange. Mr Sandner, 76, joined the board in 1978....
...Nevertheless, the order found that Statoil intended to manipulate the Far East Index to benefit side positions in markets including swaps that cleared on the New York Mercantile Exchange, the CME Group unit...
...In the coming weeks, the Chicago Mercantile Exchange plans to start listing bitcoin futures, with a centralised clearing mechanism. Cboe Global Markets may follow suit....
...WTI settled 0.04 per cent or 2 cents higher at $49.91 a barrel on the New York Mercantile Exchange — its highest level since July 31....
International Edition