From the July 01, 2010 issue of Futures Magazine • Subscribe!
CME Group and Dow Jones Indexes launched the Dow Jones CME FX$INDEX, which combines six currency futures and represents the relative value of the U.S. dollar versus six major currencies. www.cmegroup.com
Portware has integrated Portware FX with Traiana’s Harmony Network, a platform for post-trade processing of over-the-counter foreign exchange trades. www.portware.com
Cocoa: Where a resources manager is uncovering a sweet find
So why is an oil and materials manager getting his boots dirty in Sierra Leone? The cocoa plantation is only one example of a company producing a commodity that we believe will be sought by the world’s growing middle class population.
Using options to profit from a euro top
The Eurozone would not stand to benefit from a discontinuation of the American central bank stimulus efforts. So with downside pressure likely to continue for the euro, here's how can a trader take a speculative view on the euro with options.
Pound too strong as BOE prepares for Carney era
The pound’s rally to a four-month high against the dollar is proving too much for currency traders unsure whether Mark Carney will step up stimulus efforts when he takes over as Bank of England governor next month.
ABM AMRO ordered to pay $1 million for seg fund deficiencies
CFTC orders ABN AMRO Clearing Chicago LLC to pay $1 million to settle charges of segregated and secured fund deficiencies, a minimum net capital violation, books and records violation, and supervision failures.