FinTech Sandbox, a nonprofit promoting innovation in fintech, and international derivatives marketplace CME Group Inc (NASDAQ:CME) today sealed a new data agreement. Under the terms of the deal, CME Group will provide FinTech Sandbox startups with free access to historical futures and options data, in a move that seeks to promote technological innovation. FinTech Sandbox…
Read moreDerivatives markets operator CME Group Inc (NASDAQ:CME) has announced a commercial agreement with Dwolla, a modern bank transfer platform. The arrangement will offer Dwolla's real-time architecture to facilitate on demand payment capabilities for clearing and settlement, as well as streamline payment operations for CME Clearing members and clients. The first application of Dwolla's technology will…
Read moreInternational derivatives marketplace CME Group Inc (NASDAQ:CME) keeps strengthening its network of partners in China. The company announced today that it has signed a Memorandum of Understanding (MOU) with China Construction Bank (CCB). CME Group is now able to offer Offshore Chinese Renminbi (CNH) Futures Contracts with physical delivery in London for the first time.…
Read moreCME Group saw FX volumes average 947,000 contracts per day in September 2015, up 6.4% from the ADV of 890,000 registered in August 2015.
Read moreThe companies have signed an exclusive license agreement to permit CME Group to exclusively develop and clear energy derivatives based on the Rim DES Japan LNG Assessment.
Read moreThe addition expands the DSF offering and builds on the success of 2, 5, 10 and 30-year deliverable swap futures.
Read moreThe offer of the new instruments is set to commence on September 21, 2015.
Read more"With the ongoing implementation of Basel III, financial institutions are highly focused on improving their leverage ratios by gaining the greatest efficiencies possible," said Sunil Cutinho, President of CME Clearing.
Read moreCME Group Forex volume averaged 890,000 contracts per day in August 2015, up significant 21.4% from July 2015 levels, and reflecting the overall picture for the industry.
Read moreWith CME FX, traders have transparent and equal access to a global product suite of 73 futures and 31 options contracts.
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