CME Group (CME/CBOT/Nymex): Nachrichten und Informationen

CME Group Announces Increase In Minimum Tick Size For 30-Year U.S. Treasury Bond Futures

01/07/09 - CME Group, the world's largest and most diverse derivatives exchange, today announced plans to increase the minimum trading increment for U.S. Treasury Bond futures to 1/32nd from the current setting of 1/2 of 1/32nd, effective August 30. The change will be applied to all expiration months. The minimum trading increments for futures intermonth and intercommodity spreads as well as options will be unchanged. This contract is listed with, and subject to, the rules and regulations of CBOT.

"There is a renewed focus on the 30-Year contract due to the recent uptick in issuance in the long end of the Treasury curve," said Robin Ross, CME Group Managing Director of Interest Rate Products. "Customer feedback indicates that increasing the tick size will broaden participation from active traders who provide much needed liquidity to this important sector of the Treasury market."

For more information about the tick size change, please visit: http://www.cmegroup.com/ir.

CME Group Announces The Launch Of Cleared OTC London Gold Forwards

14/07/09 - CME Group Inc., the world's largest and most diverse derivatives exchange, today announced the launch of clearing services for over the counter (OTC) London gold forwards. Clearing services will be available through CME ClearPort((R)), a set of flexible clearing services open to OTC market participants to substantially mitigate counterparty risk and provide capital efficiencies across asset classes. Clearing services for house business will commence on August 23 for trade date August 24, with customer segregated activity following within 90 days of commencement. These contracts are made available for clearing on COMEX through CME ClearPort, and are subject to COMEX and CME rules and regulations.

"Launching our clearing services for London gold forwards is in direct response to customers' need for a secure way to manage counterparty credit exposure," said Joe Raia, CME Group managing director of energy and metals products. "This post-trade service allows trades to be privately negotiated and executed off-exchange and then submitted through CME ClearPort for clearing. This allows counterparties to continue to trade as they always have while transferring credit risk to CME Group."

"Counterparty credit concerns stemming from the global credit crisis have acted as a constraining influence on financial markets," said Barry Wainstein, Vice Chairman and Deputy Head, Global Capital Markets and Global Head of Foreign Exchange and Precious Metals at Scotia Capital. "Introducing centrally cleared products, such as the London Gold forwards, will assist in returning normalcy to the markets by mitigating counterparty credit risk."

CME Clearing will provide post-trade clearing services for physically delivered OTC London gold forwards. The positions will remain as forwards to the date in clearing and settle with 'London Good Delivery' gold via the market standard book-entry transfer system. Positions will be marked-to-market daily with margins applied to open positions. CME Clearing will remain in the delivery process throughout settlement and ensure transfer of gold and dollars between counterparties.

CME ClearPort continues to provide solutions for more efficient capital allocation with multilateral netting and cross-margining; the protection of segregated customer funds and approximately $8 billion in financial safeguards; neutral, independent valuations for accurate settlement prices; operational efficiencies from straight-through processing, real-time trade confirmations and a standard messaging protocol; and instant access to a diverse mix of clearing services across asset classes.

Minimum Tick Increase for 30-Year U.S. Treasury Bond Futures Effective Sunday, August 30, the minimum trading tick for 30-Year U.S. Treasury Bond futures will be increased from the current 1/2 of 1/32nd to a full 1/32nd.

CME Group Announces The Launch Of ASCI OTC Futures - Physically Delivered Sour Crude Futures Contracts Also To Be Listed On NYMEX

30/10/09 - CME Group, the world's largest and most diverse derivatives marketplace, today announced the launch of trading and clearing services for cash-settled trade-month swap futures on the Argus Sour Crude Index (ASCI) as published by Argus Media. Under a licensing agreement with Argus Media, CME Group can develop futures, options and over-the-counter (OTC) offerings on a broad range of Argus products. Trading for the ASCI product is scheduled to begin November 23 on the New York trading floor. Clearing services will be available through CME ClearPort, a set of flexible clearing services open to OTC market participants to substantially mitigate counterparty risk and provide neutral settlement prices across asset classes.

The ASCI tracks the price in the physical market of a basket of US Gulf Coast crude oils, including Mars, Poseidon and Southern Green Canyon, which are priced at a differential to the NYMEX Light Sweet Crude Oil (WTI), the world's most liquid, leading crude oil benchmark. The ASCI OTC contract will provide producers, commercials and others an essential tool for pricing spreads on these grades with NYMEX WTI.

In addition, CME Group plans to launch a new physically delivered US Gulf Coast Sour Crude Oil futures contract, which will be listed on CME Globex and CME ClearPort by the end of January 2010. The sour crude futures contract has main delivery grades that closely mirror the ASCI, enabling an efficient tool for hedging opportunities and to meet the evolving needs of the energy industry. The contracts will be listed by and subject to the rules and regulations of NYMEX.

"We are pleased to offer OTC futures contracts on the ASCI, which complement our WTI futures," said CME Group Executive Chairman Terry Duffy. "This week, Saudi Arabia announced that they will begin using the ASCI to price their substantial oil exports. This further strengthens the benchmark status of our WTI contract as ASCI components are priced as differentials to the WTI settlement price."

"The ASCI OTC futures contract, in concert with the WTI contract, will enable our customers to hedge price exposure to the global crude market with greater precision," said CME Group Chief Executive Officer Craig Donohue. "Additionally, Saudi Arabia's adoption of ASCI could spur demand for our new sour crude futures contract, which will provide an additional pivot point for price determination and risk management in the world oil market."

The vendor code for the ASCI contract is 29. The first listed month will be the January 2010 contract month. The contract will be listed for 36 consecutive contract months.

For more information please visit http://www.cmegroup.com/clearport.

CME verlängert Handelszeiten für Getreide und Ölsaaten im elektronischen Handel ab Mitte Mai.
http://cmegroup.mediaroom.com/index.php?s=43&item=3267

@ peterg [#16]

Das bedeutet (unter anderem), dass wir nicht mehr zwei Stunden Zeit haben, um USDA-Reports zu interprätieren. Die werden während der Handelszeit veröffentlicht werden.

Vorteil: Der Preis-Gap zwischen dem Close der Nachsession und dem Open der Day Session nach einem Report fällt weg, sodass man vermutlich aus einem Trade leichter herauskommt, wenn man durch den Report überrascht wird.

USDA überlegt, diese Veröffentlichung nach hinten zu schieben, wenn der Handel im Pit wieder offen ist.

Myrrdin

@ peterg [#16]

dazu lesenswert:
http://www.agweb.com/blog/Current_Marketing_Thoughts_140/
http://www.agrimoney.com/news/ice-hits-back-at-cme-group-in-battle-of-exchanges--4476.html

@ peterg [#18]

Vor ca 20 Jahren hat CBOT schon einmal den Handelsbeginn für den Pit auf 8.30 vorverlegt und dann ein Jahr später wieder zurückgenommen. Diesmal ist die Konkurrenz durch die ICE gegeben und ich glaube, dass die jetzt endgültig sein wird. Sicherlich ändert sich hier das Kursverhalten zur Eröffnung, speziell bei Zahlen wirds so sein wie von den Financials gewohnt. Bei den Finanzkontrakten hatte CBOT jedoch nie Bedenken um 7.20, 10 min vor den Zahlen, den Pit zu öffnen. Hier verliert wohl eine bestimmte Händlergruppe einen Vorteil bei der Eröffnung und schreit deswegen. Das ist wohl das letzte Kapitel pit gegen Globex/ACE.

Themenfremd aber hier passend: Auf der Homepage der KCBT kann man den Moore Wheat report gratis laden.

Grüsse an die AgrarTrader SPOMI

Jetzt möchte die nächste Futurebörse ELX (noch nie davon gehört) ein Stück vom Kuchen abhaben.

"ELX Plans Agricultural Futures In Challenge To CME -Sources"
http://www.smartmoney.com/news/on/?story=on-20120501-000103&cid=1244&source=TheMotleyFool

und

"How Many Futures Contracts Can One Market Support?"
http://www.farmdocdaily.illinois.edu/2012/05/how_many_futures_contracts_can.html

Vorschlag an die frustrierten TMW-Mitglieder:
Macht doch auch eine Futurebörse auf.

@ peterg [#20]

"Macht doch auch eine Futurebörse auf."

Bin ich gerne dabei - mache gerne den "MarketMaker" gegen eine "Rote Wurst" und einen Humpen "Freibier". Stelle aber unfaire Quoten von 0:00-23:55 GTC.

Grüße und schönes Wochenende