TeraExchange Launches First Regulated Bitcoin Derivatives Trading
TeraExchange, a swap execution facility registered with the Commodity Futures Trading Commission (“CFTC”), announced that it launched the first regulated platform for bitcoin derivatives and a spot bitcoin price index. The trading of USD/Bitcoin swaps will be subject to the rules and regulations of TeraExchange and the CFTC. The bitcoin derivative and the Tera Bitcoin Price Index were created to meet the growing demand of global merchants, payment processors, miners, and hedge funds for an efficient hedging tool. Institutional market makers have already offered to provide continuous markets over a range of tenors.
- Japan OTC Exchange granted permission for additional products LNG
Japan OTC Exchange Inc. (JOE) was granted permission for additional products "LNG (liquefied natural gas)" in the Type 1 Facility Similar to Specified Commodity Market by the Ministry of Economy, Trade and Industry. JOE will start the LNG Non-Deliverable Forward trading from September 12.
- Tokyo Commodity Exchange granted approval to adjust Exchange Rules
The Tokyo Commodity Exchange, Inc. announced today that it was granted an approval from the Ministers of Agriculture, Forestry and Fisheries as well as Economy, Trade and Industry on September 9 to adjust the Exchange Rules and introduce Settlement Price Trading. TOCOM will start accepting applications for Settlement Price Trading on October 6, 2014. This is a new option to transact away from the market allowing all market participants to trade at the settlement price by prior application to the Exchange.
- Chicago-Kent College of Law hosts the 6th Annual Conference on Futures and Derivatives
Please join us on Friday, October 17, 2014, when Chicago-Kent College of Law hosts the "6th Annual Conference on Futures and Derivatives". This is a full day program covering important topics for compliance officers, regulators, accountants and attorneys who work within the Futures industry. Attorneys will receive 6 hours of CLE credit including an hour of ethics. Accountants will receive CPE.
- RJO's Canadian affiliate becomes clearing member of the Montreal exchang
R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, announced that its Canadian affiliate, R.J. O’Brien & Associates Canada Inc. (RJO Canada), has become a clearing member of the Montreal Exchange (MX) as part of the operation’s continued expansion throughout Canada.
Established in 2010, RJO Canada is also a clearing member of Canada’s other major futures exchange, ICE Futures Canada. Since its launch, the RJO affiliate has more than doubled its staff and opened offices in Toronto, Winnipeg and Calgary.
Announcing the Options Pro Trading Room webinar
Date / Time: 09/13/2014 10:00 US/CentralDescription: Join Randall Liss, Tim Evans, and Jamie Leeney as they discuss what you can
- Modification of the Variable Tick Range on E-mini NASDAQ 100 & NASDAQ 100 futures
Effective Sunday, Sept. 21 for trade date Monday, Sept. 22, and pending all relevant CFTC regulatory review periods, the Chicago Mercantile Exchange, Inc. (CME or EXCHANGE) will amend the variable tick range for Options on E-mini NASDAQ 100 Index futures and Options on NASDAQ 100 Index futures to 5.00 points from 3.00 points.
Note that the Trading tick remains same, just the premium range is changing from 3 to 5 points.
Oct. 7-8 9:00 a.m.- 5:00 p.m. | NFA, Chicago
This robust educational course provides a strong foundation in the fundamentals of market theory and industry practice. The course, along with the study manuals and test simulator, also helps prepare industry professionals and new hires for the NFA's Series 3 exam.
Course fee includes two textbooks and Series 3 PassMaster - a Web tutorial and exam simulator for candidates studying
Effective Sunday, September 7, 2014 for trade day Monday, September 8, 2014 and pending all relevant CFTC regulatory review periods, the Chicago Mercantile Exchange Inc. (CME or Exchange) will expand the daily price limits for Live Cattle Futures (Clearing Code = LE, Globex code= LE and Open Outcry code = LC) to $0.050 per pound for the final two (2) trading days of the expiring month contract.
- CME Group Margins
Performance Bond Requirements: Crude Oil, Electricity, Metals, Natural Gas, and Refined Products Outrights; ERIS Intra-Commodity Spread Charges; Coal, Crude Oil, Electricity, Equity Index, Metals, Natural Gas, and Refined Products Inter-Commodity Spread Credits- Effective Friday, August 22, 2014.
As per the normal review of market volatility to ensure adequate collateral coverage, the Chicago Mercantile Exchange Inc., Clearing House Risk Management staff approved the performance bond requirements for the following products listed.
- Real talk on alternative investments, business & finance
The first print issue of The Alpha Pages is coming soon.
The launch of The Alpha Pages acknowledges the ever-expanding universe of unique, exotic and alternative investments to fixed income and publicly traded equities. The Alpha Pages will uncover the best and worst of the alternative investment industry, providing actionable data, insightful analysis and pointed commentary on issues that keep investors up at night.
To kick off its inaugural issue, The Alpha Pages interviews Kentucky Senator Rand Paul.
CME launches Natural Gas weekly financial ption
The CME released an advisory notice detailing financially settled options on Natural Gas futures.
- CME to launch Eurodollar Bundle futures and options
Global derivatives exchange operator CME plans to launch Eurodollar Bundle futures and options to provide investors with a cost-effective alternative to trading OTC products, a practice becoming increasingly expensive due to new regulations.
Bundle futures allow market participants to trade multiple years of short-term interest rate risk exposure at a single price, with a single instrument, providing market participants with operational and margin efficiencies.
The bundles are strips of at least eight consecutive quarterly futures contracts.