Saturday Dec 19 | Blogging Stocks
Filed under: International markets , Economic data , Eastern Europe , Federal Reserve When a country's economy gets stronger, its currency follows.
Weil Gotshal's Radin on CEOs negotiating M&A
An October Delaware Court ruling reaffirmed the ability of corporate executives to negotiate transactions on behalf of the board, as long as there are no conflicts.
Ex-Lake Shore Chairman Faces Fraud Suit
Laurence Rosenberg , ex-Chairman of hedge fund, Lake Shore Asset Management , has been accused of embezzlement, FINalternatives reports.
CME Backed $119 Million in Credit-Default Swaps on First Day of Clearing
CME Group Inc., the worlda s largest futures exchange, guaranteed $119 million in credit-default swaps yesterday in its first day of backing the trades through its clearinghouse.
CME Group begins clearing credit derivatives
CME Group Inc began clearing U.S.-based credit derivatives on Tuesday, aiming to capitalize on a government push to safeguard a private market blamed for exacerbating the financial crisis.
Two Ways To Play: Dollar Bears Soften Their Stance
Dollar bears soften their stance Dollar bears are cutting their bets against the greenback.
Former CME chairman accused of embezzlement
A former chairman of the Chicago Mercantile Exchange who was part of two high-profile business failures, including one that involved fraud allegations, has been accused of embezzling a onetime business partner's funds.
CME lumber ends near unchanged in thin trade
Chicago Mercantile Exchange lumber futures closed steady to slightly higher on Monday in continued light dealings with rolling of long January positions into May accounting for the bulk of volume, traders said.
HTG Capital acquires one-time giant Kingstree Trading Group
HTG Capital Partners, a 100-person trading firm based in Chicago, acquired Kingstree Trading Group, which at one time accounted for 25% of stock-index futures trading at the Chicago Mercantile Exchange.
Will CBOE continue to stand on its own?
Let the gamesmanship begin! The coming months will be a season of serious spinning, winking, subterfuge and chest-thumping on LaSalle Street.
Do Option Sellers Have a Trading Edge?
While there are certainly many viable options-buying strategies available to traders, options expiration data obtained from the CME covering a three-year period suggests that buyers are fighting against the odds.
Live Cattle Hover Near Contract Low
February live cattle futures on the Chicago Mercantile Exchange last week hit a fresh contract low of $82.75. Prices then saw a tepid short-covering bounce, only to back off again and presently hover near the contract low.
Saudi Aramco cuts January prices for NW Europe, Mediterranean
State-owned Saudi Arabian Oil Co. cut its official selling prices for January term supplies of all crude-oil grades to Northwest Europe and the Mediterranean region, and for the first time set its prices for crude sold to the U.S. with a different benchmark, according to an official notice from the company sent Saturday, Official selling prices of ...
Getting Started in Foreign Exchange Futures
The spot foreign exchange market is the world's largest market, with over one trillion U.S. dollars traded per day.
New Oil Benchmark Sends Dollar a Signal
A new sour oil contract is being introduced Monday on the Nymex ). At the same time, a similar contract is being introduced on the IntercontinentalExchange .
Superfluous CDS Clearinghouse Earns Wall Street's Pity, Handful Of Trades
In early October of 2008, Ken Griffin and his partners-in-crime at the Chicago Mercantile Exchange had a dream .
ChicagoBusiness.com Breaking News
CME signs up Wall Street heavy hitters for swaps clearing
15 and has signed eight of the largest credit derivative dealers to the service.
CME Group November Volume Posts 1st Gain of Year
Derivatives exchange operator CME Group Inc. said Wednesday its November volume averaged 10.8 million contracts per day, a 5 percent increase from a year ago.
CME, ICE blast Congressional derivatives, systemic risk bills
Rival exchanges CME Group Inc. /quotes/comstock/15*!cme /quotes/nls/cme and IntercontinentalExchange Inc.
The Chicago Board Options Exchange will sever the last tie that binds it to the Chicago Board of Trade.
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