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CME Group Volume Averaged All-Time Record of 16.8 Million Contracts Per Day in May 2010, Up 58 Percent
June 2, 2010-- CME Group, the world's leading and most diverse derivatives marketplace, today announced that May volume averaged an all-time record of 16.8 million contracts per day, up 58 percent from May 2009. Total volume was 335 million contracts for May, of which 84 percent was traded electronically.
In May 2010, CME Group interest rate volume averaged 8.1 million contracts per day, up 72 percent compared with the prior May, representing the highest year-over-year growth for the past several years. Treasury futures volume averaged 3.6 million contracts per day, up 90 percent compared with the same period in 2009, and Treasury options volume averaged 317,000 contracts per day, up 19 percent. Eurodollar futures volume averaged 2.9 million contracts per day, up 67 percent versus May 2009, while Eurodollar options volume averaged 1.2 million contracts per day, up 54 percent.
CME Group equity index volume averaged 4.2 million contracts per day, up 41 percent from May 2009, reflecting the first positive year-over-year growth since May 2009. CME Group foreign exchange (FX) volume averaged a record 1.3 million contracts per day, up 140 percent compared with the same period a year ago, reflecting a record average daily notional value of $161 billion. Several individual FX contracts achieved record average daily volume in May, including Australian dollar futures, British pound futures, Canadian dollar futures, E-mini Euro FX futures, E-mini Japanese yen futures, Euro FX futures, Euro FX options and E-micro Euro-U.S. dollar futures.
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Source: CME Group
The United States Brent Crude Oil Fund ("BNO") launched today
June 2, 2010--The United States Brent Crude Oil Fund, LP (NYSE Arca: “BNO”) started trading on Wednesday, June 2nd 2010.
Brent Crude Oil is one of the most important commodity trading vehicles in the Global market. The Brent crude oil contract is the 2nd most liquid commodity futures contract in the world, after West Texas Intermediate itself and ahead of gold and natural gas.
Fund Benefits:
* BNO provides a vehicle to hedge Brent Crude Oil movements or to take
* BNO offers the convenience of an exchange-traded security (NYSE Arca)
* BNO permits commodity-like exposure without using a commodity futures account
* BNO provides equity-like order flexibility, including market, limit, stop, stop limit and GTC orders
* BNO provides Market Price, NAV, and Portfolio Holdings on a daily basis
Fund Description: The United States Brent Crude Oil Fund is an exchange traded security that is designed to track in percentage terms the movements of Brent Crude Oil prices.
Brent Crude Oil Trading Features:
Brent Hours: Brent sets its settlement time at the same time as West Texas Intermediate, 2:30 New York time.
Currency: Brent trades in US dollars.
Location: Brent trades in London on ICE.
Delivery: Brent is priced at the port of Sullom Voe in the Shetland Islands off the North Sea (moved via tanker). West Texas Intermediate is priced at Cushing, OK (moved via pipeline).
Source: Alps
NASDAQ OMX Announces NASDAQ Volatility Guard(SM) to Protect Investors and Listed Companies
New Functionality to Focus on Safeguarding Investors During Times of High Trading Stress
June 2, 2010--The NASDAQ Stock Market LLC (Nasdaq:NDAQ) today announced a proposal to protect investors and listed companies while increasing transparency in the U.S. equity markets during times of volatile market conditions.
NASDAQ will implement a single stock circuit breaker – the NASDAQ Volatility GuardSM – which will pause trading based on predetermined thresholds across all NASDAQ-listed securities. The NASDAQ Volatility Guard will allow data to be universally available before, during and after the trading pause. Additionally, the reopening process will be available to all market participants for better price discovery.
The NASDAQ Volatility Guard will supplement the coordinated effort by the Securities and Exchange Commission (SEC) and U.S. exchanges for an initial pilot program ending December 10th, which establishes a trading pause for individual stocks within the Standard & Poor's 500 Index that experience a price change of 10 percent or more.
"NASDAQ's Volatility Guard will protect investors and increase transparency by preventing anomalous trades like the ones that took place on May 6th, while supporting market-makers who bring liquidity to the investor community and our listed companies," said Bob Greifeld, Chief Executive Officer NASDAQ OMX.
The NASDAQ Volatility Guard will go into effect in the third quarter of 2010.
For more information on the NASDAQ Volatility Guard including a video message from Bob Greifeld, the SEC filing and the Wall Street Journal announcement please visit: http://www.nasdaqomx.com/volatilityguard
Source: NASDAQ OMX
CBOE Sets All-TIme Monthly Record
June 1, 2010--The Chicago Board Options Exchange (CBOE) today reported that May 2010 average daily volume (ADV) of 6.6 million contracts was an all-time record for any month in the Exchange's history, surpassing the previous ADV record of 6.1 million contracts in September 2008.
May also was the second-highest month in total trading volume at CBOE as 131.3 million contracts changed hands, exceeded only by October 2008 when 134.2 million contracts traded at the Exchange.
CBOE monthly comparisons - May 2010 ADV rose 32 percent from May 2009 ADV and 24 percent over April 2010 ADV.
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Source: CBOE
BNY Mellon ADR Index Monthly Performance Review is Now Available
June 1, 2010--The BNY Mellon ADR Index Monthly Performance Review is Now Available.
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Source: BNY Mellon
Claymore files with the SEC
June 1, 2010--Claymore has filed a post-effective amendement, registration statement with the SEC for
Claymore Shipping ETF
NYSE Arca Ticker Symbol: SEA
Total annual Fund operating expenses: 0.65%
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Source: SEC.gov
Options trading reaches record volumes
June 1, 2010--Options trading volumes in the US soared to a record last month as market volatility and the “flash crash” added to secular growth in the industry.
Nearly 406m listed options contracts were traded in May, according to figures released on Tuesday by the Options Clearing Corporation, up 29 per cent from May 2009.
The OCC, which clears for all eight US options trading venues, also noted that three of the industry’s five highest-volume days occurred last month.
May 6 – the day of the “flash crash”, when US markets plunged and rebounded sharply within 20 minutes – was the options industry’s highest-volume day on record, with about 31m contracts changing hands.
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Source: FT.com
Additional shares issued for ETF Securities Platinum and Palladium Exchange traded funds (ETFs)
- ETFS Physical Platinum Shares (Ticker: PPLT)
June 1, 2010-- ETFS Physical Palladium Shares (Ticker: PALL)
ETF Securities announces that it will issue additional shares in PPLT and PALL:
-- Additional Shares in PPLT: The number of shares registered for PPLT will increase from 4.78m to 11.22m effective (May 26, 2010)
-- Additional Shares in PALL: The number of shares registered for PALL will increase from 12.88m to 18.8m effective (May 26, 2010)
-- Assets under Management: Total assets for PPLT and PALL now equal $871M with total assets across all four physically-backed products now exceeding $1.5 billion as of May 27, 2010.
ETFS Platinum Trust (PPLT) and ETFS Palladium Trust (PALL)
The objective of the ETFS Platinum Trust's (PPLT) shares reflect the performance of the price of Platinum, less the Trust's expenses. The Trust is open ended and is designed for investors who want a cost-effective (1) and convenient (2) way to invest in Platinum as well as diversify their precious metal holdings. Both products have an expense ratio of 0.60% per annum. (3) The objective of the ETFS Palladium Trust's (PALL) shares reflect the performance of the price of Palladium, less the Trust's expenses. The Trust is open ended and is designed for investors who want a cost-effective (1) and convenient (2) way to invest in Palladium as well as diversify their precious metal holdings.
ETFS Platinum Trust (PPLT) and ETFS Palladium Trust (PALL) are both backed by Platinum and Palladium allocated bullion in plate and ingot form stored in secure vaults in London & Switzerland by the Custodian, JPMorgan Chase Bank, N.A, one of the world's leading Custodians for precious metals. The Shares represent an interest in physical platinum and palladium bullion owned by the Trust. The physical platinum and palladium allocated bullion of the Trust is subject to minimal counterparty or credit risks, which contrasts with other offerings that achieve bullion exposure through the use of derivatives.
Source: ETF Securities
ISE Reports Monthly Volume for May 2010
June 1, 2010--The International Securities Exchange (ISE) today reported average daily
volume of 4.0 million contracts in May 2010.
Average daily trading volume for all options contracts decreased 10.6% to 4.0 million contracts in May as
compared to 4.4 million contracts during the same period in 2009.
Total options volume for the month
decreased 10.6% to 79.2 million contracts from 88.6 million contracts in the same year-ago period.
On a year-to-date basis, average daily trading volume of all options decreased 17.0% to 3.4 million contracts traded. Total year-to-date options volume through May 2010 decreased 17.0% to 347.6 million contracts from 418.9 million contracts in the same period last year.
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Source: The International Securities Exchange (ISE)
CFTC.gov Commitments of Traders Reports Update
May 28, 2010--The current reports for the week of May 25, 2010 are now available.
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Source: CFTC.gov