Chicago Mercantile Exchange

Brunswick Reports More Lithium Intersections on Globex Royalty Property

Retrieved on: 
星期四, 一月 18, 2024

On January 24, 2023, ( click to access press release ) Globex announced the sale of the property to Brunswick while maintaining a 3% Gross Metal Royalty, 1% of which may be purchased for an additional $1,000,000.

Key Points: 
  • On January 24, 2023, ( click to access press release ) Globex announced the sale of the property to Brunswick while maintaining a 3% Gross Metal Royalty, 1% of which may be purchased for an additional $1,000,000.
  • In addition, upon the 5th anniversary of the agreement or following total expenditures of $4,000,000 whichever comes first, Brunswick will commence to pay Globex an annual $100,000 advance royalty payment.
  • Today, Brunswick announced 10 additional drill holes.
  • Of particular interest are, three drill holes collared at the same location but at successively steeper dip angles.

Emperor Continues Open Pit Model Definition

Retrieved on: 
星期三, 一月 10, 2024

Emperor optioned the property as announced by Globex on October 12, 2022 ( click to Duquesne West option announcement ).

Key Points: 
  • Emperor optioned the property as announced by Globex on October 12, 2022 ( click to Duquesne West option announcement ).
  • Emperor is testing their “open pit concept” (see figure 1) which shows the proposed pit with a potential depth of 400 metres and a footprint of 1.8 km by 0.8 km.
  • “Initial exploration in 2024 will strategically focus on the area of the Phase 1 pit design”.
  • Approximately 25% of samples sent from the current 14-hole drill program have yet to be received.

Hashdex and Tidal Announce Approval for Listing U.S. Spot Bitcoin ETF

Retrieved on: 
星期四, 一月 11, 2024

Following conversion of the Hashdex Bitcoin Futures ETF, newly named Hashdex Bitcoin ETF (DEFI) to offer U.S. investors exposure to spot Bitcoin prices

Key Points: 
  • Following conversion of the Hashdex Bitcoin Futures ETF, newly named Hashdex Bitcoin ETF (DEFI) to offer U.S. investors exposure to spot Bitcoin prices
    New York / Rio de Janeiro / London, January 10, 2024 – Hashdex , a leading global crypto-focused asset manager, and Tidal Investments LLC (Tidal), a leading name in the ETF industry, today announced approval of its listing rule to convert the Hashdex Bitcoin Futures ETF, currently traded on the New York Stock Exchange (“NYSE”) under the ticker DEFI, to the Hashdex Bitcoin ETF, which will offer spot Bitcoin exposure to U.S. investors.
  • “Today’s announcement marks the next phase for the industry by allowing U.S. investors to fully participate in the promise of Bitcoin,” said Marcelo Sampaio, Co-Founder and CEO of Hashdex.
  • Unlike other spot price ETFs that are newly formed, upon completion, the conversion of DEFI will provide investors with immediate exposure to spot bitcoin prices through a trusted and proven product already being traded in the U.S.
    “Bitcoin’s time has arrived, and Hashdex and Tidal are proud to offer the Hashdex Bitcoin ETF at this pivotal moment in history,” said Samir Kerbage, CIO at Hashdex.
  • “The Hashdex Bitcoin ETF has been custom-built to offer investor protections that are unavailable when trading Bitcoin directly in unregulated markets,” said Mike Venuto, CIO and Co-Founder of Tidal.

No Gimmicks, No Marketing Stunts, Just Bitcoin: Introducing the Valkyrie Bitcoin Fund

Retrieved on: 
星期四, 一月 11, 2024

Valkyrie Investments Inc. (“Valkyrie”), a specialized digital asset investment management company, is proud to announce the launch of the Valkyrie Bitcoin Fund (NASDAQ: BRRR) (the “Fund”), which is sponsored by Valkyrie’s subsidiary, Valkyrie Digital Assets LLC (the “Sponsor”).

Key Points: 
  • Valkyrie Investments Inc. (“Valkyrie”), a specialized digital asset investment management company, is proud to announce the launch of the Valkyrie Bitcoin Fund (NASDAQ: BRRR) (the “Fund”), which is sponsored by Valkyrie’s subsidiary, Valkyrie Digital Assets LLC (the “Sponsor”).
  • The Valkyrie Bitcoin Fund is an exchange-traded fund (“ETF”) that invests in bitcoin, giving investors sophisticated but simplified access to the digital commodity without the hassle that comes with accessing bitcoin via other methods.
  • I am exceptionally proud to see this fund live and trading – it’s a remarkable milestone for digital assets and for Valkyrie,” says Leah Wald, CEO of Valkyrie.
  • “This is just the beginning of a new wave and we’re proud to be leaders in delivering a breakthrough product with big plans ahead.”
    To learn more, or invest, in the Valkyrie Bitcoin Fund, click here .

Solomon Partners Taking 70k Square Feet at 1251 Avenue of the Americas

Retrieved on: 
星期一, 十二月 11, 2023

Solomon signed a 15-year lease for approximately 70,000 square feet spanning the entire 32nd and partial 31st floors of the iconic 53-story skyscraper.

Key Points: 
  • Solomon signed a 15-year lease for approximately 70,000 square feet spanning the entire 32nd and partial 31st floors of the iconic 53-story skyscraper.
  • “Despite what you read, it was challenging to locate trophy office space for a growing firm in midtown Manhattan,” said Solomon Partners CEO Marc Cooper.
  • Solomon currently subleases 42,000 square feet from AllianceBernstein at 1345 Avenue of the Americas.
  • In addition to the planned New York expansion, Solomon Partners established an office in the Chicago Mercantile Exchange building in 2021.

North America Softwood Lumber Market New Year Projection: 2024

Retrieved on: 
星期四, 十二月 21, 2023

The new formulation having existed for 1.5 years, Softwood Lumber Futures, as traded on the Chicago Mercantile Exchange, dropped from a high of US$578 mfbm in mid-July to US$542 in mid-December.

Key Points: 
  • The new formulation having existed for 1.5 years, Softwood Lumber Futures, as traded on the Chicago Mercantile Exchange, dropped from a high of US$578 mfbm in mid-July to US$542 in mid-December.
  • The new housing market remains underpinned by an acute shortage of previously owned homes available for sale.
  • To subscribe to Madison's Lumber Reporter, simply fill out an order form here: https://madisonsreport.com/subscribe/
    Established in 1952, Madison's Lumber Prices is your premiere source for North American softwood lumber news, prices, industry insight, and industry contacts.
  • The weekly Madison's Lumber Reporter publishes current Canadian and US construction framing dimension lumber and panel wholesaler pricing information 50 weeks a year and access to historical pricing as well.

HarvestIQ (formerly Farmers Risk) Expands Software Solutions to Address the Needs of Livestock Markets

Retrieved on: 
星期四, 十一月 16, 2023

HarvestIQ, formerly known as Farmers Risk, a software company specializing in risk management for agriculture, announces the expansion of its portfolio of products to address livestock markets and the completion of its rebranding.

Key Points: 
  • HarvestIQ, formerly known as Farmers Risk, a software company specializing in risk management for agriculture, announces the expansion of its portfolio of products to address livestock markets and the completion of its rebranding.
  • HarvestIQ is now expanding its software suite to serve the needs of the livestock sector.
  • Our real-time view of revenue and profitability will empower them to make data-backed decisions in ever-volatile markets,” said Chan.
  • “As we broaden our reach into the livestock markets, we are paving the way for more advisor-brokers to support a greater number of farmers.”

CME Group to Launch FX Spot+ to Connect OTC and Futures Liquidity

Retrieved on: 
星期三, 十二月 6, 2023

CHICAGO and LONDON, Dec. 6, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced that it will launch CME FX Spot+, a new, all-to-all spot FX marketplace that will connect cash market participants with the company's FX futures liquidity.

Key Points: 
  • CHICAGO and LONDON, Dec. 6, 2023 /PRNewswire/ -- CME Group , the world's leading derivatives marketplace, today announced that it will launch CME FX Spot+, a new, all-to-all spot FX marketplace that will connect cash market participants with the company's FX futures liquidity.
  • For the first time, spot FX participants will be able to access CME FX futures liquidity in OTC spot terms within an open, transparent, central limit order book environment, while FX futures market users will see expanded access to OTC FX liquidity.
  • CME FX Spot+ leverages FX Link, a liquid and tradable spread between OTC spot FX and CME Group's FX futures, to connect liquidity between the two trading environments.
  • "Alongside our FX futures and our EBS offerings, this new spot FX marketplace - and its unique connection with our FX futures liquidity – is the latest example of how having futures and spot markets at CME Group can support accessible, centralized liquidity within the highly fragmented FX market," said Paul Houston, Global Head of FX Products, CME Group.

Nubank Cripto Integrates Talos's Smart Order Routing System to Reduce Trading Costs

Retrieved on: 
星期二, 十二月 5, 2023

SÃO PAULO, Dec. 5, 2023 /PRNewswire/ -- In another step towards developing the cryptocurrency trading platform Nubank Cripto, Nubank announced today its integration with Talos, the premier provider of institutional digital asset trading technology. With this partnership, customers who wish to trade crypto assets in Brazilian reais through the Nu app will benefit from reduced costs through Talos's Smart Order Routing engine and connectivity to optimize trade execution across multiple liquidity providers.

Key Points: 
  • "Nubank Cripto will continue to evolve as a platform that combines simplicity and robustness for cryptocurrency enthusiasts.
  • One of the key features is smart order routing to various liquidity providers with whom Nubank may work.
  • The integration with Talos comes at a time of diversification in the offering of cryptocurrencies within the Nubank Cripto experience.
  • Through this widely recognized and adopted technology by leading crypto custodians worldwide, Nubank has developed its proprietary custodial solution for Nubank Cripto customers' crypto assets.

Nubank Cripto Integrates Talos's Smart Order Routing System to Reduce Trading Costs

Retrieved on: 
星期二, 十二月 5, 2023

SÃO PAULO, Dec. 5, 2023 /PRNewswire/ -- In another step towards developing the cryptocurrency trading platform Nubank Cripto, Nubank announced today its integration with Talos, the premier provider of institutional digital asset trading technology. With this partnership, customers who wish to trade crypto assets in Brazilian reais through the Nu app will benefit from reduced costs through Talos's Smart Order Routing engine and connectivity to optimize trade execution across multiple liquidity providers.

Key Points: 
  • "Nubank Cripto will continue to evolve as a platform that combines simplicity and robustness for cryptocurrency enthusiasts.
  • One of the key features is smart order routing to various liquidity providers with whom Nubank may work.
  • The integration with Talos comes at a time of diversification in the offering of cryptocurrencies within the Nubank Cripto experience.
  • Through this widely recognized and adopted technology by leading crypto custodians worldwide, Nubank has developed its proprietary custodial solution for Nubank Cripto customers' crypto assets.