Nymex Edges Closer To Weather Futures
- Watch closely now. Szala, Ginger // Futures: News, Analysis & Strategies for Futures, Options & Deri;May2006, Vol. 35 Issue 6, p10
The article comments on developments in the Chicago Mercantile Exchange (CME), the New York Mercantile Exchange (Nymex), the Intercontinental Exchange (ICE), the Chicago Board of Trade (CBOT) and Globex in the United States. CME plans to enter the energy markets in the midst of rumors that CME...
- Chicago exchange to trade storm futures. Greenwald, Judy // Business Insurance;2/19/2007, Vol. 41 Issue 8, p4
The article reports on the plan of Chicago Mercantile Exchange Inc. (CME) to begin trading hurricane futures and options contracts in cooperation with London-based reinsurance broker Carvill Group. The effort of CME, along with a similar initiative announced in 2006 by the New York Mercantile...
- Nymex says yes. McMahon, Chris // Futures: News, Analysis & Strategies for Futures, Options & Deri;Oct2008, Vol. 37 Issue 11, p11
The article reports on the acquisition of New York Mercantile Exchange (Nymex) by the Chicago Mercantile Exchange (CME) Group. It mentions that the acquisition consolidates more than 98% of the U.S. futures market at CME. It mentions that Nymex will receive $7.29 in cash and 0.2164 shares of CME...
- Consolidation: It's happening everywhere. Zwick, Steve // Futures: News, Analysis & Strategies for Futures, Options & Deri;Apr2008, Vol. 37 Issue 4, p64
The article reports on the prevalence of corporate buyout deals in the U.S. in 2008. It states that the trend will benefit traders who have searched for products they have been aiming. Participating groups include Chicago Mercantile Exchange, Euronext NV, and New York Mercantile Exchange. A...
- NYMEX to offer Mid-Atlantic futures contract. Koning, Rachel // Bond Buyer;01/14/99, Vol. 327 Issue 30558, p7
Reports that the New York Mercantile Exchange has won approval to offer another electricity futures and options contract tied to the Mid-Atlantic region. Usefulness of the contract to Mid-Atlantic municipal utilities allowed to use hedging products.
- Exchanges go for profit. Reerink, Jack; Nusbaum, David // Futures: News, Analysis & Strategies for Futures, Options & Deri;Jul94, Vol. 23 Issue 8, p10
Reports on the plans to turn futures exchanges into for-profit ventures. Inclusion of for-profit plans to the re-election platform of CME Chairman Jack Sandner; New York Mercantile Exchange's for-profit plans; Petition submitted by Les Rosenthal; Imposition of a transaction tax by the US...
- COST OF CARRY ON STEROIDS: APPLICATION TO OIL FUTURES PRICING. Girard, Eric; Reid, Trevor // International Journal of Business & Finance Research (IJBFR);2010, Vol. 4 Issue 2, p153
This paper develops an empirical cost of carry model with exogenously conditioned convenience yield. The approach is implemented using monthly prices of all futures contracts traded at the New York Mercantile Exchange between 1985 and 2006. Tests indicate that the model fits the data extremely...
- Nymex opens Dublin pit-trading exchange. Collins, Daniel P. // Futures: News, Analysis & Strategies for Futures, Options & Deri;Dec2004, Vol. 33 Issue 15, p16
Focuses on the launch of trading exchange for Brent crude oil futures by New York Mercantile Exchange Inc. in Dublin, Ireland. Factor influencing the decision of the exchange; Payment for order flow; Number of contracts traded in the exchange.
- Finally, exchange votes. Feiden, Doug; Mirabella, Alan // Crain's New York Business;1/17/94, Vol. 10 Issue 3, p6
Reports that the New York Board of Governors of the Commodity Exchange will soon decide whether to allow the gold and silver futures exchange's membership. Anticipated vote on a $50 million merger offer from the New York Mercantile Exchange; Implications of the merger decision.