From the June 01, 2009 issue of Futures Magazine • Subscribe!

New for Traders

Exchanges

CME Group launched eight new electricity swap futures contracts and 44 new natural gas swing and index swap futures contracts, new national balancing point Henry Hub swap futures and options contracts and a new PJM Western Hub 50 MW peak calendar month real-time LMP swap futures contract. CME Group also launched calendar spread options for corn, wheat, soybeans, soybean meal and soybean oil futures, available for trading on June 1. www.cmegroup.com

Options

The International Securities Exchange eliminated customer transaction fees for premium products, which include multiply-listed exchange-traded fund and index options. www.ise.com

Interactive Data Corporation introduced the Options Volatility Service, which delivers a database of end-of-day implied volatilities, options risk parameters and volatility surfaces. www.interactivedata.com

Forex

SolomonFX now offers free four-day forex webinars on its Web site. www.solomonfx.com

FXCM Holdings LLC has opened an office in Dubai. www.fxcm.com

Trading systems

SuperDerivatives launched the next generation of its interest rates derivatives trading system. www.sdgm.com

ETFs

Invesco PowerShares plans to close 19 of its ETFs. The affected funds represent less than 1% of Invesco PowerShares’ total assets. For the list of ETFs, visit www.invescopowershares.com.

Indexes

Dow Jones Hedge Fund Indexes, Inc. temporarily suspended publication of the Dow Jones Hedge Fund Distressed Securities Strategy Benchmark. www.djhedgefundindexes.com

Data providers

ACTIV Financial launched its European operations to support global trading strategies. www.activfinancial.com

Software

eSignal announced the release of eSignal 10.4. www.esignal.com

Derivix, a financial software company providing options pricing and analytics solutions, extended its strategic relationship with Credit Suisse’s Advanced Execution Services. www.derivix.com

Axiom Software Laboratories, Inc. extended its Templates Subscription Services to its entire client base. www.axiomsl.com

Other

Psydex launched Psyng, an algo trading news service portal. www.psyng.com.

FINCAD, a provider of financial analytics, added updates to its FINCAD Analytics Suite 2009 for Excel to support the new ISDA credit default swaps (CDS) standard model for pricing single name CDS contracts. www.fincad.com

Anova Technologies introduced The Redline, a low-latency trading route.

www.anova-tech.com.

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