From the October 01, 2010 issue of Futures Magazine • Subscribe!
CME Group expanded electronic trading hours for the yen-denominated Nikkei 225 futures. There will now be nearly 24-hour access to the benchmark contracts. www.cmegroup.com
FXCM added price improvements to its No Dealing Desk forex execution model. If a better price becomes available before your limit order executes, FXCM’s No Dealing Desk execution engine will now automatically give you the best available price. www.fxcm.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.
