Hints and tips:
...Earlier in the week, South Korean bitcoin exchange Youbit announced that it had been hacked, causing it to lose 17 per cent of its assets and forcing it into bankruptcy....
...Stripping out that bounce and foreign exchange fluctuations, earnings per share rose 7 per cent....
...Excluding the negative currency effect, sales rose 7 per cent and operating profit increased 12 per cent....
...Last week, Phupinder Gill, CME chief executive, said the company was considering buying a stake in Korea Exchange as the two announced a partnership to trade KRX’s currency derivatives through CME’s trading...
...A new medium of exchange… The rest of the world acquires Bitcoins from exchanges, where the initial sales of the currency come from the successful miners....
...floor traders instead of the computers that have largely replaced them… CME, based in Chicago, said it resolved the issue about two hours later....
...Chicago-based CME attracted 84 per cent of US futures volumes in the first 10 months of 2013, according to the Futures Industry Association....
...AOL Time Warner was pointing to a new metric in 2001 according to the Chicago Tribune....
...BaDEx, which developed its rules and regulations in a similar mould to exchanges such as the Johannesburg Stock Exchange and Chicago-based CME Group, is “not competing with LuSE in that we’re creating futures...
...It raised its operating earnings forecast slightly, from a range of $1.50 to $1.55 per share up to $1.52 to $1.57, citing changes in currency exchange rates....
...Reflecting increased demand, the Chicago exchange last year introduced shorter expiry date new-crop options for maize, soybeans and wheat. “For me, options are key....
...-based DairyAmerica Inc. narrowed to 14% from 20% in the previous auction two weeks ago.”...
...In the first three months of the year, the funds sold a record 182 tonnes – equivalent to the annual production of South Africa....
...The clearing houses have been expanding the range of acceptable collateral to additional currencies and securities such as high-grade corporate bonds....
...But it is also a reminder that in the world of exchange-traded futures, systems and practices that have grown up in the almost 40 years since the invention of financial futures in Chicago have not been stress-tested...
...NSE has product co-operation agreements with the Singapore Stock Exchange (SGX) and the Chicago Mercantile Exchange that Mr Narain says allows diversification plays for Indian investors and give foreign...
...The contracts will be cleared through the CME’s operations in Chicago but the exchange operator said it had yet to make a decision on whether to build a separate clearing house in Asia....
...“Local institutions can use our clearing service to mitigate the growing credit constraints they face when hedging currency risks, and this should lead to a boost in liquidity and an expansion in cross-border...
...A corollary to this is that some investors fear currency debasement, and gold is perceived by its fans as an alternative currency....
...The company operates in over 50 markets in North and South America, Europe and Asia, providing liquidity to investors in equity, fixed-income, currency and commodity products....
...It can build in the US because its products are high-value, extremely mobile and dollar-denominated, and so it benefits from the fall in the US currency....
...This looked to be exacerbated by a sharp drop in silver after the Chicago Mercantile Exchange raised margins to trade silver futures, a move that tends to briefly spook the contract in question....
...The Chicago Mercantile Exchange raised margin requirements on a range of products to reflect higher prices and volatility, a move that could pressure some traders to close positions....
...After several years when exchange-rate tension was largely a bilateral US-China affair, emerging markets across Asia and Latin America have joined the fray, complaining about their currencies being driven...
...agricultural products and services, said the new derivative would provide an alternative method of hedging risk for food processors and other multi-national companies that use crude palm oil and trade in the US currency...
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