Futures exchanges

Intercontinental Exchange Appoints David Clifton as Interim CEO of Bakkt

Retrieved on: 
Thursday, April 23, 2020

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, has appointed David Clifton as Interim CEO of Bakkt, the digital assets trading and payments platform that is majority-owned by ICE.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, has appointed David Clifton as Interim CEO of Bakkt, the digital assets trading and payments platform that is majority-owned by ICE.
  • Clifton, currently ICEs Vice President, M&A and Integration, joined ICE in 2008, serving previously as Associate General Counsel, M&A.
  • In his interim role at Bakkt, Clifton will focus on completing the integration of Bridge2 Solutions, which Bakkt acquired earlier this year, while also driving forward Bakkts growth initiatives.
  • Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.

Hong Kong stock trading feature added to TradeUP's web platform

Retrieved on: 
Wednesday, April 22, 2020

NEW YORK, April 22, 2020 /PRNewswire/ -- TradeUP, the fintech-powered commission-free trading platform, announced today that it is offering Hong Kong stock trading on its web platform.

Key Points: 
  • NEW YORK, April 22, 2020 /PRNewswire/ -- TradeUP, the fintech-powered commission-free trading platform, announced today that it is offering Hong Kong stock trading on its web platform.
  • TradeUP launched the Hong Kong stock trading featurethree weeks ago on its mobile platform, which enables users to invest in U.S. and Hong Kong stocks from an integrated account with no hidden fees or minimum deposits.
  • TradeUP has been upgrading its web-based platform to help users make more intuitive and efficient trading decisions.
  • TradeUP also charges commission on Hong Kong stock trading.

ICE Data Services Launches Market-Based Index to Track and Benchmark the Global Price of Carbon

Retrieved on: 
Wednesday, April 22, 2020

Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced the launch of a new index designed to track and benchmark the global price of carbon.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced the launch of a new index designed to track and benchmark the global price of carbon.
  • The ICE Global Carbon Futures Index provides a volume weighted average price and measures the performance of a long-only basket of ICE EUA Futures Contracts , ICE California Carbon Allowance Futures Contracts and ICE Regional Greenhouse Gas Initiative Futures Contracts .
  • ICE has also launched carbon price indices for each of the constituent markets: the ICE EUA Carbon Futures Index, ICE CCA Carbon Futures Index and ICE RGGI Carbon Futures Index.
  • Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.

Interactive Brokers Issues Statement on Crude Oil Contracts and Margin Loss

Retrieved on: 
Tuesday, April 21, 2020

Interactive Brokers Group, Inc. (Nasdaq: IBKR) today noted that, as has been widely reported, the energy markets yesterday exhibited extraordinary price activity in the New York Mercantile Exchange (NYMEX) West Texas Intermediate Crude Oil contract.

Key Points: 
  • Interactive Brokers Group, Inc. (Nasdaq: IBKR) today noted that, as has been widely reported, the energy markets yesterday exhibited extraordinary price activity in the New York Mercantile Exchange (NYMEX) West Texas Intermediate Crude Oil contract.
  • Several Interactive Brokers LLC (IBLLC) customers held long positions in these CME and ICE Europe contracts, and as a result they incurred losses in excess of the equity in their accounts.
  • IBLLC has fulfilled the firms required variation margin settlements with the respective clearinghouses on behalf of its customers.
  • Barrons ranked Interactive Brokers #1 with 5 out of 5 stars in its February 24, 2020, Best Online Broker Review.

Globex Provides Update to Shareholders

Retrieved on: 
Friday, April 17, 2020

ROUYN-NORANDA, Qubec, April 17, 2020 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX Toronto Stock Exchange, G1MN Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz Stock Exchanges and GLBXF OTCQX International in the US) is pleased to provide an update to shareholders in times that are, to state it mildly, difficult.

Key Points: 
  • ROUYN-NORANDA, Qubec, April 17, 2020 (GLOBE NEWSWIRE) -- GLOBEX MINING ENTERPRISES INC. (GMX Toronto Stock Exchange, G1MN Frankfurt, Stuttgart, Berlin, Munich, Tradegate, Lang & Schwarz Stock Exchanges and GLBXF OTCQX International in the US) is pleased to provide an update to shareholders in times that are, to state it mildly, difficult.
  • Globex has made necessary adjustments to carry on business effectively.
  • Globex, being contrarian, views these times as a period of opportunity and is acting.
  • In exchange, Globex will receive $500,000 ($25,000 received) and 3,000,000 shares of Electric Royalties in addition to certain contingent payments upon certain milestones.

TNS Adds Real Time HKEX Market Data to Its Global Offering

Retrieved on: 
Wednesday, April 15, 2020

Transaction Network Services (TNS) can now provide real time market data from the Hong Kong Exchanges and Clearing (HKEX).

Key Points: 
  • Transaction Network Services (TNS) can now provide real time market data from the Hong Kong Exchanges and Clearing (HKEX).
  • Providing HKEX data means that TNSXpress market data now covers the majority of the worlds most important markets and exchanges.
  • Hong Kong is one of the worlds foremost financial centers, and HKEX is a major global gateway to trading and market data in Asia, said Jeff Mezger, Director of Product Management for TNS Financial Services business.
  • TNS can provide customers approved by the exchange with access to HKEX derivatives and securities market data through a shared hosting network service.

Nodal Exchange Successfully Migrates Natural Gas Open Interest from Nasdaq Futures, Inc.

Retrieved on: 
Monday, April 13, 2020

Nodal Exchange announced today that it successfully migrated natural gas futures and options contracts open interest from Nasdaq Futures, Inc. (NFX) to Nodal Clear, Nodal Exchanges clearing house, pursuant to the agreement announced in November 2019 whereby Nodal purchased core assets of NFXs futures and options exchange business.

Key Points: 
  • Nodal Exchange announced today that it successfully migrated natural gas futures and options contracts open interest from Nasdaq Futures, Inc. (NFX) to Nodal Clear, Nodal Exchanges clearing house, pursuant to the agreement announced in November 2019 whereby Nodal purchased core assets of NFXs futures and options exchange business.
  • Nodal Exchange has a 48% market share of U.S. power futures open interest with over 930 million MWh of open interest.
  • Nodal Exchange is a derivatives exchange providing price, credit and liquidity risk management solutions to participants in the North American commodities markets.
  • Nodal Exchange is a leader in innovation, having introduced the worlds largest set of electric power locational (nodal) futures contracts.

Intercontinental Exchange Reports Record March and First Quarter Volumes

Retrieved on: 
Friday, April 3, 2020

In this volatile period, we are grateful to our customers who rely on our dependable, stable and resilient systems amid record activity across every asset class, said Ben Jackson, President of Intercontinental Exchange.

Key Points: 
  • In this volatile period, we are grateful to our customers who rely on our dependable, stable and resilient systems amid record activity across every asset class, said Ben Jackson, President of Intercontinental Exchange.
  • Intercontinental Exchange (NYSE: ICE) is a Fortune 500 company formed in the year 2000 to modernize markets.
  • Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.
  • Information regarding additional trademarks and intellectual property rights of Intercontinental Exchange, Inc. and/or its affiliates is located at http://www.intercontinentalexchange.com/terms-of-use .

Ziyen Energy Chairman, David Greenberg, interviewed on leading podcast, “Tell Me Something Good”, to discuss COVID-19 and the parallels that faced the mental toll for the US nation post 9/11

Retrieved on: 
Thursday, April 2, 2020

He was also President of Sterling Commodities Corporation, one of the largest local commodity clearinghouses.

Key Points: 
  • He was also President of Sterling Commodities Corporation, one of the largest local commodity clearinghouses.
  • During his tenure with NYMEX, David was involved in the development and widespread adoption of the very first electronic trading platform to emerge in the commodity trading industry.
  • This podcast allows us to span the globe engaging with entrepreneurs, business leaders, athletes, entertainers, and more to discuss 'What's Good'!
  • Ziyen Energy is a technology-driven energy company incorporated in the State of Wyoming, U.S.A. in April 2016.

Nodal Exchange Achieves 20th Consecutive Monthly Record as Well as a New Quarterly Record

Retrieved on: 
Thursday, April 2, 2020

Nodal Exchange achieved its 20th consecutive month of record calendar month power futures trading in March with 140 million MWh of traded volume.

Key Points: 
  • Nodal Exchange achieved its 20th consecutive month of record calendar month power futures trading in March with 140 million MWh of traded volume.
  • In addition, Nodal Exchange achieved record open interest in environmental futures and options with 65,000 lots across products at the end of March.
  • Nodal Exchange is a derivatives exchange providing price, credit and liquidity risk management solutions to participants in the North American commodities markets.
  • Nodal Exchange is a leader in innovation, having introduced the worlds largest set of electric power locational (nodal) futures contracts.