From the February 01, 2011 issue of Futures Magazine • Subscribe!
Commodities
ICE and NGX expanded their trade alliance to add Canadian and U.S. physical and Canadian financial crude oil products to their existing clearing and technology alliance.
CME announced a new crude oil volatility index (VIX) option contract will become available on Jan. 24.
NZX will launch new dairy futures contracts on Skim Milk Powder (SMP) and Anhydrous Milk Fat (AMF) Futures on Feb. 18.
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.
