Futures exchange

Nodal Exchange Named Exchange of the Year by Energy Risk for Third Year in a Row

Retrieved on: 
Tuesday, July 13, 2021

Nodal Exchange has been named 2021 Exchange of the Year by Energy Risk magazine.

Key Points: 
  • Nodal Exchange has been named 2021 Exchange of the Year by Energy Risk magazine.
  • Nodal Exchange is honored to receive the Exchange of the Year award from Energy Risk for the third year in a row and fifth time overall, said Paul Cusenza, Chairman and CEO of Nodal Exchange.
  • 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.

Nodal Exchange Achieves New Records in Power and Environmental Futures

Retrieved on: 
Wednesday, July 7, 2021

Nodal Exchange announced new trading records in power and environmental futures as of end of June 2021.

Key Points: 
  • Nodal Exchange announced new trading records in power and environmental futures as of end of June 2021.
  • Nodal also set a new calendar month record for June with 175 TWh of traded power futures volume in the month.
  • Nodal Exchange is proud to see continued growth in our power and environmental futures markets and very much appreciates the support of our trading and clearing community, said Paul Cusenza, Chairman and CEO of Nodal Exchange.
  • Nodal Exchange is a leader in innovation, having introduced the worlds largest set of electric power locational (nodal) futures contracts.

ICE’s Global Commodities Futures Markets Reach Record Open Interest of 35.2 Million Contracts

Retrieved on: 
Monday, June 28, 2021

On June 24, ICE also hit record high open interest across its global natural gas futures markets of 19.1 million contracts.

Key Points: 
  • On June 24, ICE also hit record high open interest across its global natural gas futures markets of 19.1 million contracts.
  • Basis Markets contracts, is at record high open interest of approximately 22.8 million, with open interest in Henry Hub futures and options up 11% y/y.
  • TTF natural gas, which is used by the market as a global gas benchmark, is at record open interest of 3.2 million across futures and options, up 4% y/y.
  • EU emission allowance (EUA) futures and options open interest is up 9% y/y and the North American environmental complex is at record open interest of more than 1.1 million contracts.

Tradovate to Offer New FairX Futures Commission-Free

Retrieved on: 
Tuesday, June 1, 2021

Online Brokerage Continues to Bring Innovation to Futures by Offering "No-Fees" Approach, with Commission-Free Trading of New FairX Futures

Key Points: 
  • Online Brokerage Continues to Bring Innovation to Futures by Offering "No-Fees" Approach, with Commission-Free Trading of New FairX Futures
    COLUMBUS, Ohio, June 1, 2021 /PRNewswire/ --Tradovate, LLC, a leading online brokerage firm for active, self-directed futures traders, announced today that it will be one of the first brokers to offer futures trading on FairX from day one when the new exchange launches this month.
  • Tradovate is also the first firm to announce commission-free trades for FairX market participants.
  • Through the end of the year, Tradovate will cover any exchange and clearing fees on FairX transactions for its clients.
  • Rick Tomsic, Founder & CEO of Tradovate Holdings, LLC, said: "From inception, Tradovate's vision was to change the futures industry through technology and pricing innovation.

Sterling Trading Tech Expands Risk & Margin System to Global Markets

Retrieved on: 
Thursday, May 20, 2021

b'Sterling Trading Tech (STT), a leader in technology solutions for real-time risk management and margin solutions for equities, equity options, futures, and options on futures will expand its cloud-based risk and margin system to include global markets in Q4 of this year.\nThe Sterling Risk & Margin System (SRM) provides advanced analytics as a RaaS (Risk-as-a-Service) solution utilizing sophisticated quantitative and big data techniques to manage risk in real-time.

Key Points: 
  • b'Sterling Trading Tech (STT), a leader in technology solutions for real-time risk management and margin solutions for equities, equity options, futures, and options on futures will expand its cloud-based risk and margin system to include global markets in Q4 of this year.\nThe Sterling Risk & Margin System (SRM) provides advanced analytics as a RaaS (Risk-as-a-Service) solution utilizing sophisticated quantitative and big data techniques to manage risk in real-time.
  • The SRM\xe2\x80\x99s flexible, cloud-based technology allows access to risk calculations via its browser-based risk monitor or using its API.\n\xe2\x80\x9cReal-time risk for global markets is a natural evolution of STT\xe2\x80\x99s products,\xe2\x80\x9d states STT\xe2\x80\x99s CEO, Farid Naib.
  • Its professional and retail trading platforms are available to the global trading community for equities, options, futures, and digital assets.
  • Platforms and products can be white labeled to enhance our clients\xe2\x80\x99 brand identity.\nSterling Trading Tech (STT) is a leading provider of professional trading technology solutions for the global equities, equity options and futures markets.

The Small Exchange Introduces Small US Crude Oil Futures

Retrieved on: 
Monday, May 17, 2021

b'The Small Exchange , a futures exchange offering smaller, simpler products aimed toward retail customers, has launched Small US Crude Oil Futures (SMO) \xe2\x80\x93 a trading product presenting a small, efficient line to one of the most consumed energy sources in the world.\nSMO allows smaller investors and traders access to the US Crude Oil market with the same institutional quality instruments as larger traders.

Key Points: 
  • b'The Small Exchange , a futures exchange offering smaller, simpler products aimed toward retail customers, has launched Small US Crude Oil Futures (SMO) \xe2\x80\x93 a trading product presenting a small, efficient line to one of the most consumed energy sources in the world.\nSMO allows smaller investors and traders access to the US Crude Oil market with the same institutional quality instruments as larger traders.
  • \xe2\x80\x9cWe are thrilled to see the Small Exchange step up and fill this demand.
  • To learn more about the Small Exchange\xe2\x80\x99s offering, visit www.thesmallexchange.com .\nAbout Small Exchange: Based in Chicago, the Small Exchange - backed by award-winning industry innovators and powered by a proprietary trade matching engine - is a registered Designated Contract Market (DCM) with the Commodity Futures Trading Commission (CFTC).
  • The Small Exchange\xe2\x80\x99s mission is to become the world\xe2\x80\x99s largest customer-centric futures exchange, bringing products that bridge the product gap for investors of all sizes by providing futures products that are smaller, more capital efficient, simple to use, and easy to understand for all participants.

Abaxx Technologies Inc. Announces Closing of $24.7M Bought Deal Financing Including Full Exercise of Over-Allotment Option, Listing of Warrants, and Insider Participation

Retrieved on: 
Friday, May 14, 2021

\xe2\x80\x9cFollowing this financing we have successfully positioned ourselves for the commercial launch of a regulated commodity futures exchange and clearing house, backed by a robust technological infrastructure.

Key Points: 
  • \xe2\x80\x9cFollowing this financing we have successfully positioned ourselves for the commercial launch of a regulated commodity futures exchange and clearing house, backed by a robust technological infrastructure.
  • Persons" (as such terms are defined in Regulation S under the United States Securities Act of 1933, as amended (the \xe2\x80\x9cU.S.
  • The company\xe2\x80\x99s formative technology increases transaction velocity, data security, and facilitates improved risk management for the majority owned, Abaxx Singapore Pte.
  • Abaxx is the creator and producer of the SmarterMarkets\xe2\x84\xa2 podcast.\n'

Phillip Futures offers derivatives trading on Hanoi Stock Exchange via CQG platform

Retrieved on: 
Thursday, May 6, 2021

b'SINGAPORE, May 6, 2021 /PRNewswire/ -- Phillip Futures, one of the region\'s top brokerages, announced a new milestone in its partnership with CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers, and exchanges.Phillip Futures will now offer VN30 futures from the Hanoi Stock Exchange (HNX) to its customers using the CQG platform.\nIn addition, customers of Phillip Futures can also use CQG to trade futures contracts from Borsa Istanbul, Thailand Futures Exchange, Dalian Commodity Exchange, Zhengzhou Commodity Exchange and Shanghai International Energy Exchange.\nTeyu Che Chern, CEO of Phillip Futures said, "CQG\'s platform is well received by our customers, and we are excited to offer more products to help expand their trading opportunities.

Key Points: 
  • b'SINGAPORE, May 6, 2021 /PRNewswire/ -- Phillip Futures, one of the region\'s top brokerages, announced a new milestone in its partnership with CQG, a leading global provider of high-performance technology solutions for traders, brokers, commercial hedgers, and exchanges.Phillip Futures will now offer VN30 futures from the Hanoi Stock Exchange (HNX) to its customers using the CQG platform.\nIn addition, customers of Phillip Futures can also use CQG to trade futures contracts from Borsa Istanbul, Thailand Futures Exchange, Dalian Commodity Exchange, Zhengzhou Commodity Exchange and Shanghai International Energy Exchange.\nTeyu Che Chern, CEO of Phillip Futures said, "CQG\'s platform is well received by our customers, and we are excited to offer more products to help expand their trading opportunities.
  • "\nBenjamin Soong, CQG President, APAC, said: "We are excited to deepen our longstanding relationship with Phillip Futures, one of the leading brokerages in the Asia-Pacific region, facilitating access for its clients to trade on a broad range of exchanges, including the Hanoi Stock Exchange and the commodity exchanges in China.
  • The firm has been working with Phillip Futures in Singapore since 2007 and with Phillip Capital Inc., the U.S. futures commission merchant, since 2010.\nPhillip Futures was inaugurated in 1983 as a member of PhillipCapital Group and is one of the founding clearing members of Singapore Exchange Derivatives Trading (SGX-DT).
  • One of the longest-serving technology solutions providers in the industry, CQG has won numerous awards for its trading software, technical analysis and multi-asset trading platform.

TradeStation Supports Trading of Micro Futures from Eurex

Retrieved on: 
Tuesday, April 27, 2021

b'PLANTATION, Fla., April 27, 2021 /PRNewswire/ -- TradeStation Securities, Inc. ("TradeStation"), a Monex Group company and award-winning* broker-dealer and futures commission merchant, now offers its futures clients the ability to trade micro futures contracts from Eurex, one of the largest futures and options markets in the world.

Key Points: 
  • b'PLANTATION, Fla., April 27, 2021 /PRNewswire/ -- TradeStation Securities, Inc. ("TradeStation"), a Monex Group company and award-winning* broker-dealer and futures commission merchant, now offers its futures clients the ability to trade micro futures contracts from Eurex, one of the largest futures and options markets in the world.
  • TradeStation clients can now trade Micro-DAX and Micro-EURO STOXX 50 futures through its TradeStation desktop platform , web and mobile applications, which provide advanced visualization and analysis tools.\n"We\'re proud to offer our futures customers new micro futures.
  • By supporting new products like Eurex micro futures contracts, we aim to set ourselves apart from many other platforms," said John Bartleman, President of TradeStation Group, Inc., TradeStation\'s parent company.
  • TradeStation\'s award-winning trading and analysis platforms offer access to equities, options and futures trading at the major U.S. equities and options exchanges and market centers, as well as the major futures exchanges.

Tokenist Expands IG Partnership to Include Nadex, Amplifying U.S. Derivatives Coverage

Retrieved on: 
Friday, April 23, 2021

Standing for North American Derivatives Exchange, Nadex is formerly known as Hedge Street.

Key Points: 
  • Standing for North American Derivatives Exchange, Nadex is formerly known as Hedge Street.
  • "\nTrusted by NewsGuard with a perfect score , The Tokenist continues to serve as a beacon of illumination amid chaotic economic currents and record-low media trust.
  • Nadex is registered with the Commodity Futures Trading Commission (CFTC) as a Designated Contract Market and Derivatives Clearing Organization.
  • To further seize emerging financial opportunities, the Tokenist tracks revolutionary blockchain-derived ecosystems and the many ways they interface with traditional finance.\n'