From the June 01, 2010 issue of Futures Magazine • Subscribe!
NYSE Liffe launched malting barley futures and options. www.nyx.com
CME Group launched trading and clearing services for eight new petroleum futures contracts and four new European biofuel swap futures contracts. CME Group also launched cheese futures and options on futures. www.cmegroup.com
Fitch wavers over plans to loosen derivatives rules for banks
Fitch Ratings is wavering over part of its plan to loosen rules for banks that sell derivatives contained in securitizations and covered bonds.
ProShares launches ETF that targets highly rated corporate bonds
The ETF invests in covered bonds, a type of collateralized corporate debt typically issued by non-U.S. financial institutions.
Euro sinks to lowest since 2010 as stocks, commodities tumble
The euro sank to an almost two-year low, while stocks and commodities tumbled, as European leaders prepared to meet in Brussels amid concern Greece will exit the currency union.
Crude options volatility rises as futures near $90 a barrel
Crude-oil options volatility rose for the first time in three days as underlying futures slipped below $90 a barrel.
