Commodity markets

SEC Announces the Creation of the Security-Based Swaps Joint Venture, Led by Division of Examinations and Division of Trading and Markets

Retrieved on: 
Friday, December 18, 2020
Financial markets, Finance, Money, Commodity markets, Commodity Futures Trading Commission, Systemic risk, Futures markets, CFTC, Dodd–Frank Wall Street Reform and Consumer Protection Act, Derivative, Futures contract, Commodity Futures Modernization Act

The co-leads of the SBS Joint Venture will be Vivi Mazarakis, an Acting Assistant Director in the Division of Examinations, and Carol McGee, who is the Assistant Director for the Office of Derivatives Policy in the Division of Trading and Markets.

Key Points: 
  • The co-leads of the SBS Joint Venture will be Vivi Mazarakis, an Acting Assistant Director in the Division of Examinations, and Carol McGee, who is the Assistant Director for the Office of Derivatives Policy in the Division of Trading and Markets.
  • Title VII of the Dodd-Frank Act established a comprehensive framework for regulating the over-the-counter swaps markets, with authority divided between the SEC and the Commodity Futures Trading Commission (CFTC).
  • The SECs role is to regulate and oversee the SBS market, while the CFTC oversees other types of swaps (e.g., commodities, currency, interest rates, etc.).
  • The complexity of regulating the SBS market requires knowledge, commitment, and a multi-division and office approach, said Brett Redfearn, Director of the Division of Trading and Markets.

Abaxx Technologies Goes Public on NEO Exchange

Retrieved on: 
Friday, December 18, 2020
Software, Networks, Finance, Public relations, Investor relations, Data management, Communications, Professional services, Technology, Financial markets, Commodity markets, Finance, Exchange, Stock market, Futures exchange, Futures contract, Futures exchanges, Book:Trading in Commodities, Indonesia Commodity and Derivatives Exchange, NEO Exchange, Abaxx Technologies Inc.

NEO is proud to welcome Abaxx Technology Corp. Ltd. (Abaxx or the Company), a development stage financial technology business and global commodities exchange, as they launch today on the NEO Exchange.

Key Points: 
  • NEO is proud to welcome Abaxx Technology Corp. Ltd. (Abaxx or the Company), a development stage financial technology business and global commodities exchange, as they launch today on the NEO Exchange.
  • View the full release here: https://www.businesswire.com/news/home/20201218005454/en/
    Abaxx Technology Corp. Ltd. (NEO:ABXX), a development stage financial technology business and global commodities exchange, participates in a digital market open to celebrate their launch today on the NEO Exchange.
  • The NEO Exchange is a progressive stock exchange that brings together investors and capital raisers within a fair, efficient, and service-oriented environment.
  • Ltd. (Abaxx Commodity Exchange, or ACX), a commodity futures exchange seeking final regulatory approvals as a Recognized Market Operator (RMO) and Approved Clearing House with the Monetary Authority of Singapore (MAS).

Intercontinental Exchange Launches 10 New MSCI® Index Futures

Retrieved on: 
Monday, December 14, 2020
Software, Internet, Environment, Finance, Banking, Data management, Professional services, Technology, Financial markets, Futures exchanges, Economy of London, MSCI, Commodity markets, Intercontinental Exchange, Futures contract, Futures, Equity derivative, Companies

The new carbon- and climate-focused MSCI Index futures include:

Key Points: 
  • The new carbon- and climate-focused MSCI Index futures include:
    This launch further expands ICEs offering of MSCI ESG Futures, which comprises six MSCI ESG Leaders Futures and the MSCI USA Climate Change Futures .
  • ICE is also listing futures on a new index developed by MSCI in conjunction with ICE and market participants, the MSCI China Technology DR and P-Chip NTR Index Futures (contract symbol CHT).
  • ICE is the leading venue for MSCI Index Futures and lists more than 100 futures contracts, said Caterina Caramaschi, Global Head of Equity Derivatives at ICE.
  • Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.

Intercontinental Exchange Becomes First Venue to Launch SONIA Options

Retrieved on: 
Monday, December 7, 2020
Professional services, Data management, Technology, Finance, Software, Banking, Futures exchanges, Financial markets, Economy of London, Commodity markets, Intercontinental Exchange, Finance, Futures contract, New York Stock Exchange, Option, NYSE Euronext, London International Financial Futures and Options Exchange

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, today announces the launch of Options and Mid-Curve Options based on Three Month SONIA Index Futures.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, today announces the launch of Options and Mid-Curve Options based on Three Month SONIA Index Futures.
  • Open interest stands at a record 112,723 contracts in three month SONIA futures, with open interest out to June 2026.
  • 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 .

ErisX Introduces Cash Contracts to Enable Short Positions in Crypto Markets and Protect Against Market Volatility

Retrieved on: 
Tuesday, December 1, 2020
Software, Banking, Networks, Accounting, Internet, Professional services, Hardware, Data management, Technology, Security, Finance, Other Technology, Futures markets, Futures contract, Finance, Commodity Futures Trading Commission, Commodity markets, Money, Financial markets, Commodity Futures Modernization Act, Derivative

Bounded Futures enable short positions and protect position holders against large price movements in the underlying market.

Key Points: 
  • Bounded Futures enable short positions and protect position holders against large price movements in the underlying market.
  • These contracts are entered into and settled in cash allowing customers who may be otherwise restricted from holding crypto assets directly, to gain exposure.
  • These contracts are one initiative among many that we have been working on to simplify access to the crypto markets.
  • ErisX Spot Market is not licensed, approved or registered with the CFTC and transactions on the ErisX Spot Market are not subject to CFTC rules, regulations or regulatory oversight.

ICE Sets Exchange-wide Open Interest Record

Retrieved on: 
Tuesday, December 1, 2020
Professional services, Other Energy, Other Professional Services, Oil, Gas, Energy, Finance, Banking, Financial markets, Finance, Economy of London, Futures exchanges, Intercontinental Exchange, Commodity markets, New York Stock Exchange, Futures contract, Clearing house, NYSE Euronext, NYSE Technologies

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, today announced that on November 24, 2020, ICE set an open interest (OI) record of 46.8 million across all futures contracts.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, today announced that on November 24, 2020, ICE set an open interest (OI) record of 46.8 million across all futures contracts.
  • Intercontinental Exchange (NYSE: ICE) is a Fortune 500 company and provider of marketplace infrastructure, data services and technology solutions to a broad range of customers including financial institutions, corporations and government entities.
  • 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 .

Kalkine Pty Limited To Launch its 'Australian Equity Technical Analysis Report'

Retrieved on: 
Sunday, November 29, 2020
Finance, Money, Stock market, Commodity markets, Foreign exchange market, Financial markets, Technical analysis, Swing trading, Fundamental analysis, Candlestick pattern, Support and resistance

SYDNEY, Nov. 30, 2020 /PRNewswire/ -- Kalkine Pty Limited is pleased to announce the launch of a new technical analysis-driven research product 'Technical Analysis Report'.

Key Points: 
  • SYDNEY, Nov. 30, 2020 /PRNewswire/ -- Kalkine Pty Limited is pleased to announce the launch of a new technical analysis-driven research product 'Technical Analysis Report'.
  • This report aims to evaluate equity opportunities in consideration of sufficient risk-appetite and financial flexibility, and returns expected over a short timespan.
  • Considering above, Kalkine's Technical Analysis Report Offers:
    Extensive Technical Research: This report is based on a thorough technical analysis using price action, support, resistance, candlestick patterns, relative strength index, moving averages, etc.
  • Swing Trading Opportunity: By virtue of seizing short to medium-term gains, swing trading can provide an edge over fundamental analysis.

Intercontinental Exchange Announces Three Companies Agree to Explore Pricing US Crude Exports to Asia Using ICE Murban Futures

Retrieved on: 
Tuesday, November 10, 2020
Other Energy, Software, Networks, Finance, Energy, Data management, Professional services, Technology, Financial markets, Futures exchanges, Economy of London, Commodity markets, Intercontinental Exchange, Futures contract, Benchmark, Intercontinental Exchange, ADNOC

Murban moving to forward looking pricing, as a futures contract, is another great step in the evolution of the oil market.

Key Points: 
  • Murban moving to forward looking pricing, as a futures contract, is another great step in the evolution of the oil market.
  • We look forward to playing an active part in the new benchmark, said Daniel Yuen, Head of Crude Asia for Trafigura.
  • ICE plans to launch IFAD and trading in Murban futures contracts on March 29, 2021, subject to the completion of regulatory approvals.
  • Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.

U.S. Pork Export Outlook: How to Save Our Own Bacon as China Rebuilds

Retrieved on: 
Thursday, November 5, 2020
Pork, Commodity markets, Economic history of the United States

Greater China now accounts for nearly 8% of U.S. pork production, compared to around just 2% in 2018.

Key Points: 
  • Greater China now accounts for nearly 8% of U.S. pork production, compared to around just 2% in 2018.
  • The loss of exports to China would likely lead to difficult conditions for U.S. hog producers and processors alike.
  • This provides the U.S. a short-term opportunity to increase market share in China, as Germany represents approximately 14% of Chinas pork imports.
  • The U.S. pork sector also has great export opportunities in numerous smaller markets, especially in the Caribbean, and Central and South America.

Kalshi Wins CFTC Approval for Exchange to Trade Event Contracts

Retrieved on: 
Thursday, November 5, 2020
Other Professional Services, Professional services, Finance, Commodity markets, Financial markets, Finance, Financial regulation, Commodity Futures Trading Commission, Futures contract, CFTC, Commodity pool operator, Commodity Futures Modernization Act

Kalshi announced today that KalshiEX LLC has received approval from the Commodity Futures Trading Commission (CFTC) as an authorized Designated Contract Market (DCM), establishing Kalshi as the first regulated financial exchange dedicated to trading event contracts.

Key Points: 
  • Kalshi announced today that KalshiEX LLC has received approval from the Commodity Futures Trading Commission (CFTC) as an authorized Designated Contract Market (DCM), establishing Kalshi as the first regulated financial exchange dedicated to trading event contracts.
  • Kalshi is now approved to operate a federally regulated exchange that allows investors to trade directly on the anticipated outcome of future events.
  • Kalshi marks the next natural step in this evolution by offering an asset class that meets the demands of todays information economy: event contracts.
  • KalshiEX LLC is the first ever Commodity Futures Trading Commission (CFTC) regulated exchange dedicated to trading contracts based on the anticipated outcome of economically significant events.