New for Traders: Week ending May 18

Grains gone wild

Commodities

  • CME Group  announced it received CFTC approval to offer expanded electronic trading hours in its CBOT grain and oilseed futures and options beginning Sunday, May 20 for Monday, May 21 trade date. Hours will expand from the current 17 hours per day to 21 hours per day on CME Globex from 5:00 p.m. to 2:00 p.m. CT Sunday to Friday.
  • IntercontinentalExchange announced the launch of 33 new cleared OTC contracts for natural gas liquids (NGLs), North American power and oil and refined petroleum products. All of the new contracts will be available for the trade date ofMonday, June 18, 2012, subject to regulatory non-objection.
  • IntercontinentalExchange launched trading of corn, wheat, soybeans, soymeal and soyoil contracts, with trading to be held 22 hours a day, and the market to be open when the US Department of Agriculture issues supply and demand reports which are usually published during a two-hour trading halt on the CBOT.
  • CME Group announced the launch of Short-Dated New Crop Options on CBOT Corn and Soybeans futures to begin trading Monday, June 4. Short-Dated New Crop Options on CBOT Wheat futures will be listed for trading beginning Tuesday, September 4.

Options

  • The International Securities Exchange expanded its offering of weekly options to its ISE FX Options® product portfolio. The euro/U.S. dollar option (ticker: EUU) was the first cash-settled FX product to list with a weekly expiration.  
  • The International Securities Exchange announced that it will list options on Facebook beginning on Tuesday, May 29. Citadel Securities LLC will serve as the Primary Market Maker for Facebook at ISE.
  • The International Securities Exchange and AlphaClone LLC announced their partnership to promote AlphaClone's innovative hedge fund position replication index, the AlphaClone Hedge Fund Long/Short Index.  
  • CME Group announced the launch of Short-Dated New Crop Options on CBOT Corn and Soybeans futures to begin trading Monday, June 4. Short-Dated New Crop Options on CBOT Wheat futures will be listed for trading beginning Tuesday, September 4.

Financials

  • CBOE Futures Exchange announced that it plans to launch trading on the CBOE NASDAQ-100 Volatility Index futures contract (ticker symbol VXN, futures symbol VN) beginning on Wednesday, May 23, pending regulatory approval. VXN, which measures the volatility of the NASDAQ-100 Index, is calculated through the application of CBOE's VIX® methodology to the prices of options on NDX.
  • Dow Jones Indexes announced the expansion of the Dow Jones LSP Position Sizing Index family to include three new size-segment indexes:  Dow Jones LSP Position Sizing U.S. Large-Cap 250 Index, Dow Jones LSP Position Sizing U.S. Mid-Cap 250 Index and Dow Jones LSP Position Sizing U.S. Small-Cap 250 Index.
  • Dow Jones Indexes announced that Arrow Investment Advisors, LLC has licensed the Dow Jones Global Composite Yield Index to serve as the basis for the Arrow Dow Jones Global Yield ETF. The ETF will trade on NYSE Arca.

Forex

  • The International Securities Exchange expanded its offering of weekly options to its ISE FX Options® product portfolio. The euro/U.S. dollar option (ticker: EUU) was the first cash-settled FX product to list with a weekly expiration.  
  • OANDA Corporation has launched OANDA fxUnity, a spot forex trading platform for currency traders. The platform has an interface that integrates social networking so traders can share their experiences with friends and the fxUnity community.
  • FXCM Inc. and DIF Broker announced that DIF Broker will white label FXCM's MetaTrader 4 (MT4) platform starting this May. DIF Broker partnered with FXCM due to FXCM’s integration of its No Dealing Desk forex execution and the fact that MT4 is one of the most popular platforms used. DIF Broker will offer the MT4 solution under the brand “DIF FX.”

Technology

  • OANDA Corporation has launched OANDA fxUnity, a spot forex trading platform for currency traders. The platform has an interface that integrates social networking so traders can share their experiences with friends and the fxUnity community.
  • NASDAQ OMX Corporate Solutions announced the launch of Media Intelligence, a SaaS (software-as-a-service) platform providing real-time media monitoring and analysis across the media spectrum of print, online, broadcast and social media for public relations and investor relations professionals.
  • FXCM Inc. and DIF Broker announced that DIF Broker will white label FXCM's MetaTrader 4 (MT4) platform starting this May. DIF Broker partnered with FXCM due to FXCM’s integration of its No Dealing Desk forex execution and the fact that MT4 is one of the most popular platforms used. DIF Broker will offer the MT4 solution under the brand “DIF FX.”
  • Dorman Trading is among a group of FCMs now providing futures and options trading server hosting at the new CME Group Data Center in Aurora, IL.
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