Futures exchanges

NYSE Group Consolidated Short Interest Report

Retrieved on: 
Thursday, June 24, 2021

NYSE today reported short interest as of the close of business on the settlement date of June 15, 2021.

Key Points: 

NYSE today reported short interest as of the close of business on the settlement date of June 15, 2021.

CME Group and Mayor Lightfoot Award Scholarships for Star Scholars to Continue Education at Four-Year Colleges and Universities

Retrieved on: 
Wednesday, June 23, 2021

CHICAGO, June 23, 2021 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, and Chicago Mayor Lori Lightfoot have awarded 25 Star Scholars with scholarships towards earning a degree at a four-year college or university.

Key Points: 
  • CHICAGO, June 23, 2021 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, and Chicago Mayor Lori Lightfoot have awarded 25 Star Scholars with scholarships towards earning a degree at a four-year college or university.
  • The award recipients recently graduated from City Colleges of Chicago with an associate degree and will receive a $5,000 scholarship from CME Group to continue their education, helping create more equitable opportunities for hardworking students in Chicago.
  • "We applaud these scholars for their relentless commitment earning their associate degrees despite what was an extremely challenging time," said CME Group Chairman and Chief Executive Officer Terry Duffy.
  • Forty-eight percent of first-time, full-time Star Scholars who started in Fall 2017 graduated from City Colleges within three years, exceeding the national average for community colleges.

Magellan and Enterprise Team up With Intercontinental Exchange for New Houston Crude Oil Futures Contract

Retrieved on: 
Monday, June 21, 2021

Magellan Midstream Partners, L.P. (NYSE: MMP), Enterprise Products Partners L.P. (NYSE: EPD) and Intercontinental Exchange, Inc. (NYSE: ICE) today announced the establishment of a new futures contract for the physical delivery of crude oil in the Houston area.

Key Points: 
  • Magellan Midstream Partners, L.P. (NYSE: MMP), Enterprise Products Partners L.P. (NYSE: EPD) and Intercontinental Exchange, Inc. (NYSE: ICE) today announced the establishment of a new futures contract for the physical delivery of crude oil in the Houston area.
  • The quality specifications of the new futures contract will be consistent with a West Texas Intermediate (WTI) crude oil originating from the Permian Basin with common delivery options at either the Magellan East Houston (MEH) terminal or the Enterprise Crude Houston (ECHO) terminal.
  • Magellan is pleased to join forces with Enterprise and ICE to offer this leading-edge joint futures contract, said Aaron Milford, Magellans chief operating officer.
  • The new contract improves the transparency, flexibility and marketability of Midland WTI crude oil for Gulf Coast and export customers while maintaining industry-recognized quality and consistency.

Magellan and Enterprise Team Up With Intercontinental Exchange for New Houston Crude Oil Futures Contract

Retrieved on: 
Monday, June 21, 2021

Magellan Midstream Partners, L.P. (NYSE: MMP), Enterprise Products Partners L.P. (NYSE: EPD) and Intercontinental Exchange, Inc. (NYSE: ICE) today announced the establishment of a new futures contract for the physical delivery of crude oil in the Houston area.

Key Points: 
  • Magellan Midstream Partners, L.P. (NYSE: MMP), Enterprise Products Partners L.P. (NYSE: EPD) and Intercontinental Exchange, Inc. (NYSE: ICE) today announced the establishment of a new futures contract for the physical delivery of crude oil in the Houston area.
  • View the full release here: https://www.businesswire.com/news/home/20210621005190/en/
    The quality specifications of the new futures contract will be consistent with a West Texas Intermediate (WTI) crude oil originating from the Permian Basin with common delivery options at either the Magellan East Houston (MEH) terminal or the Enterprise Crude Houston (ECHO) terminal.
  • In support of this new futures contract, Magellan and Enterprise anticipate discontinuing their existing provisions for delivery services under the current futures contracts deliverable at each terminal once the new contract receives regulatory approval and is finalized.
  • Magellan is pleased to join forces with Enterprise and ICE to offer this leading-edge joint futures contract, said Aaron Milford, Magellans chief operating officer.

CME Group to Launch Nature-Based Global Emissions Offset Futures on August 1

Retrieved on: 
Monday, June 21, 2021

CHICAGO, June 21, 2021 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced it will launch a Nature-Based Global Emissions Offset (N-GEO) futures contract on August 1, 2021, pending all relevant regulatory reviews.

Key Points: 
  • CHICAGO, June 21, 2021 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced it will launch a Nature-Based Global Emissions Offset (N-GEO) futures contract on August 1, 2021, pending all relevant regulatory reviews.
  • N-GEO futures will be the company's latest market-based solution to help create a more transparent and efficient voluntary emissions offset market.
  • "More companies are relying on nature-based offsets as part of their overall climate strategies as the move to net-zero emissions continues to accelerate," said Peter Keavey, Global Head of Energy at CME Group.
  • The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform.

The Small Exchange Continues to Innovate With First Cannabis Equity Index Future Product (S420) for Small Investors

Retrieved on: 
Wednesday, June 16, 2021

The Small Exchange , a futures exchange offering smaller, simpler products aimed toward retail customers, today announced it will launch the first Cannabis Equity Index Future (S420).

Key Points: 
  • The Small Exchange , a futures exchange offering smaller, simpler products aimed toward retail customers, today announced it will launch the first Cannabis Equity Index Future (S420).
  • Since launching in June 2020, the Small Exchange continues to drive accessibility for retail investors with continued adoption of its innovative and first to market products such as Small Treasury Yield (S10Y) and Small US Crude Oil Futures (SMO).
  • The Small Cannabis Equity Index Future measures the performance of 21 marijuana stocks driving the future of the cannabis industry, the index includes growers, recreational producers, medical marijuana producers, and CBD companies.
  • The Small Exchange continues to open up the futures marketplace for retail investors in a way we have not seen before.

PowerBand Announces Up to $12M Brokered Private Placement Offering to Accelerate Growth and Launch Online Marketplace

Retrieved on: 
Tuesday, June 15, 2021

If the Agents Option is exercised in full, the total gross proceeds of the Offering would be approximately $13,800,032.

Key Points: 
  • If the Agents Option is exercised in full, the total gross proceeds of the Offering would be approximately $13,800,032.
  • All securities issued in connection with the private placement are subject to a 4-month hold.
  • Closing of the Offering will be subject to certain closing conditions, including approval from the TSX Venture Exchange.
  • The Company intends to use the proceeds to fortify the balance sheet, accelerate growth from DRIVRZ Financial and launch DrivrzXchange and DrivrzLane before the end of 2021.

ICE Reports Record Total Futures and Options Open Interest of 85.8 Million Contracts

Retrieved on: 
Monday, June 14, 2021

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record open interest of 85.8 million contracts on June 10, 2021.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced record open interest of 85.8 million contracts on June 10, 2021.
  • The record depth of liquidity across ICEs markets is being driven by products including:
    ICE Low Sulphur Gasoil, the global benchmark for refined products, open interest is up 22% year-over-year (y/y) across futures and options;
    ICE TTF natural gas futures, which is at record open interest of 1.96 million contracts, up 21% y/y;
    Interest Rate futures and options open interest is up 32% y/y.
  • Open interest in Sterling and SONIA futures and options is up 54% y/y and by more than 200% y/y, respectively; Euribor open interest is up 7% y/y; and open interest in ICE Gilt futures and options, the highly liquid market benchmark for UK Government Bonds, is up 37% y/y;
    Open interest across ICEs global environmental complex is up 16% y/y at approximately 2.8 million contracts, reflecting the importance of ICEs environmental markets to price climate risk.
  • EUA futures and options open interest is up 22% y/y and the North American physical environmental complex is at record open interest of more than 1 million contracts; and
    Open interest in Coffee and Cotton futures and options is up 6% and 16% respectively y/y.

CME Group Inc. Announces Second-Quarter 2021 Earnings Release, Conference Call

Retrieved on: 
Thursday, June 10, 2021

CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates , equity indexes , foreign exchange , energy , agricultural products and metals .

Key Points: 
  • CME Group exchanges offer the widest range of global benchmark products across all major asset classes based on interest rates , equity indexes , foreign exchange , energy , agricultural products and metals .
  • The company offers futures and options on futures trading through the CME Globex platform, fixed income trading via BrokerTec and foreign exchange trading on the EBS platform.
  • In addition, it operates one of the world's leading central counterparty clearing providers, CME Clearing.
  • With a range of pre- and post-trade products and services underpinning the entire lifecycle of a trade, CME Group also offers optimization and reconciliation services through TriOptima, and trade processing services through Traiana.

smartTrade Appoints Colin Murphy as Chief Revenue Officer

Retrieved on: 
Thursday, June 10, 2021

This newly created position further strengthens the executive team as smartTrade enters its next phase of growth.

Key Points: 
  • This newly created position further strengthens the executive team as smartTrade enters its next phase of growth.
  • Colin brings over 20 years experience in capital markets, most recently as Global Head of Sales Optimization for CME Group, following its acquisition of NEX Group where he was Chief Commercial Officer.
  • David Vincent said, Colins experience of managing large-scale commercial teams will be invaluable as smartTrade enters its next phase of growth.
  • Colin Murphy said, I am incredibly excited to join the smartTrade team as we look to further scale the business.