|
|
Article: CME Group Announces the Launch of Clearing Services for New Petroleum Swap Futures.
- Article from:
- China Weekly News
- Article date:
- May 26, 2009
CopyrightCOPYRIGHT 2009 NewsRX. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
CME Group, the world's largest and most diverse derivatives exchange, announced the launch of clearing services for five new petroleum swap futures contracts, scheduled to launch on May 17 for trade date May 18. Clearing services will be available through CME ClearPort(R), a set of flexible clearing services open to over the counter (OTC) market participants to substantially mitigate counterparty risk and provide capital efficiencies across asset classes. The contracts are listed with, and subject to, the rules and regulations of NYMEX. These contracts will also be listed for trading by NYMEX through CME ClearPort.
These clearing services will help meet the needs ...
Related newspaper, magazine, and journal articles:
|
|
Article: CME cleared to buy NYMEX.(NewsWatch)(CME Group Inc. ...
Feedstuffs;
June 23, 2008 ;
700+ words
... ... Department of Justice last week cleared CME Group Inc. to acquire NYMEX Holdings Inc ... Chicago Board of Trade and Chicago Mercantile Exchange and trades corn, soybeans, wheat ... sugar. NYMEX operates the New York Mercantile Exchange, and the two exchanges reached a ...
|
|