CFTC Charges CME Over Client Data BreachesFebruary 22, 2013The top derivatives regulator sought to fine CME Group and ban two former employees for life for leaking client data.
The Start of Another Financial CrisisFebruary 19, 2013It's a deja-vu: the stability of the global markets could soon be under threat due to a looming crisis in the derivatives industry.
Another Trading Floor Bites The DustFebruary 06, 2013Given the sweeping move to electronic trading, a growing number of trading floors are shutting down, although some say certain floors still have a place in today's markets.
Celoxica Launches Futures Trading PlatformJanuary 04, 2013Based on FPGAs, Celoxica released a low-latency platform for futures traders seeking to capitalize on short-term price disparities on CME/ICE and Liffe/Eurex.
ICE's NYSE Swoop Creates Derivatives GiantDecember 21, 2012IntercontinentalExchange's $8.2 billion takeover of New York Stock Exchange owner NYSE Euronext allows it to tap into a dramatic expansion of demand for clearing financial derivatives expected next year.
In ICE-NYSE Deal, One CEO Steps Back, The Other RisesDecember 21, 2012Duncan Niederauer, the chief executive of
New York Stock Exchange operator NYSE Euronext, once
boldly proclaimed that his company could not be acquired.
Black Box Hedge Funds Buy Exchange Seats to Dodge BrokersDecember 06, 2012Some of the world's top computer-driven hedge funds are buying exchange memberships to trade directly on the biggest commodities and financial futures markets.
CME to Buy Rival Kansas City Exchange, Heading off ICEOctober 18, 2012CME agreed to buy the Kansas City Board of Trade for $126 million in cash, keeping rival IntercontinentalExchange from gaining an important foothold.
Battle of the Exchanges Heats Up as CME Expands Into EuropeAugust 20, 2012CME’s announcement is a challenge to Europe's biggest derivatives trading exchanges and comes after regulators blocked Deutsche Borse's merger with NYSE Euronext.
The End of An Era: ICE Closes NY Trading FloorJuly 27, 2012The exchange, depicted in the popular 1983 film Trading Places, has a history dating back to the New York Cotton Exchange, which was founded in 1870 and later became the Coffee, Sugar and Cocoa Exchange.
S&P Capital IQ Completes Acquisition of CMAJuly 03, 2012The acquisition gives S&P Capital IQ the technology to move into intraday quotes on derivative and other OTC securities.
Liquidity Centers Are Exchanges' New Revenue CentersFebruary 29, 2012Looking for alternative revenue sources, NYSE Euronext, Nasdaq and CME Group have built out liquidity centers that offer services ranging from colocation to on-demand trading technology and market data.