Chicago-based R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, announced today the appointment of Brad Giemza as Managing Director and Chief Risk Officer. Giemza will serve on RJO’s senior management team.
Ridgedale Advisors LP, an investment firm specializing in the convergent/divergent investment approach, has opened its primary office in Rye Brook, New York. Ridgedale is accepting clients into its flagship Multi-Strategy Program (MSP), as well as its Multi-Source Active Commodity Alternative Index (RMAC).
CBOE Holdings, Inc. (BATS: CBOE | NASDAQ: CBOE) today announced it has launched the CBOE S&P 500 Dividend Aristocrats Target Income Index (SPAI), a benchmark index designed to track the hypothetical performance of a partial buy-write strategy applied to stocks contained in the widely utilized S&P 500 Dividend Aristocrats Index, to target a specific level of total income.
Singapore Exchange (SGX) announced a daily volume record for its SGX INR/USD futures contract, with a total of 108,417 contracts traded on 22 September 2017, translating to a notional value of USD $3.34 billion.
Rosenthal Collins Group LLC (RCG), an independent futures brokerage and clearing firm, has issued the following statement on the Sept. 16 passing of its co-founder and Managing Partner Leslie Rosenthal at the age of 84 after a brief illness.
Eris Exchange (Eris), a U.S.-based futures exchange group that offers swap futures as a capital-efficient alternative to traditional over-the-counter (OTC) interest rate swaps, today announced that it has been awarded a patent on the principal component of its product design, the Eris Methodology, by the U.S. Patent and Trademark Office.
The dominant feature for the agricultural markets this month was northern hemisphere production. Particularly important were the U.S. corn and soybean crops and the Russian wheat crop. All three crops started the month with modest expectations and some areas of concern, but by month’s end all crop estimates had increased. In the case of Russian wheat, they had increased significantly.