From the December 01, 2010 issue of Futures Magazine • Subscribe!
Commodities
INTL/FCStone recently acquired Hencorp.
CME Group Foundation launched Early Math Education Initiative in Chicago and contributes approximately $3 million in grants to serve 15,000 students.
CME Group licensed FX VolContracts™ from The Volatility Exchange.
CQG launched Continuum, a new enterprise solutions business to provide trade execution and data distribution solutions that can be customized to customers’ specific needs.
Cocoa falls as concern grows over bean size and quality
The flow of cocoa from western Africa is down for seasonal considerations, and traders wonder about the quality and size of the mid crop after some hot and dry weather during the growing season.
Americans most optimistic since 2007 as stocks surge
Americans’ confidence in the economy climbed in May to the highest level in almost six years as rising real estate values and record stock prices boosted household wealth.
Tap into oil volatility using an options spread
Over the past week crude oil prices have been rocked by conflicting macroeconomic data and a suspected price-fixing scandal, leaving many investors questioning the validity of current price levels. Tap into that volatility with a put spread.
SEC charges Chicago father, son in cherry-picking scheme
The regulator says Charles J. Dushek and Charles S. Dushek mixed funds with clients and allocated winning trades to personal accounts.