Hong Kong Exchanges and Clearing Limited (HKEX) has received regulatory approval to introduce its planned cash-settled Euro-Renminbi (RMB), Japanese yen-RMB, Australian dollar-RMB and RMB-US dollar futures on Monday, 30 May 2016. HKEX is following up on their plans to further enhance its RMB offering outlined in their 2015 review; coming on the back of achieving yearly record…
Read moreHong Kong Exchanges and Clearing Limited (HKEX) plans to introduce additional Renminbi (RMB) currency futures in the second quarter of this year, subject to regulatory approval. LeapRate reported on HKEX's 2015 review where RMB currency futures were cited as a key driver of growth in the FX segment while achieving record volumes for 2015. It…
Read moreHong Kong Exchanges and Clearing Limited (HKEX) the Hong Kong securities and derivatives market announced another record-setting day today for HKEX’s RMB Currency Futures contracts. Open interest hit an all-time high of 32,009 contracts (US$3.2 billion notional), and volume on February 11th hit 7,711 contracts (US$771 million notional), the second highest ever. Today was also the fourth consecutive…
Read moreToday CME Group (NASDAQ: CME) informed us that they've reduced their tick size on EUR/USD futures, so traders can reduce their execution costs. Starting on January 10, CME is officially reducing the minimum price increment for their standard-size EUR/USD futures from 1-pip ($12.50 per contract) to 1/2-pip ($6.25 per contract). Effective Sunday, January 10 (trade date Monday, January 11), the minimum price…
Read moreHong Kong Exchanges and Clearing Limited (HKEx) announced today they will be extending incentives to solidify the development of its RMB currency futures market. Renminbi (RMB) currency futures contracts continue to serve as an effective risk management tool in periods of unexpected US dollar/Offshore RMB volatility. “As an international financial centre adjacent to Mainland China, Hong Kong…
Read moreCME Group Inc (NASDAQ: CME), the world's largest futures market is said to be exploring opportunities for growth in China and India as it searches for the best markets to enter for higher-margin products to keep up recent profit growth according to reports from Bloomberg. This year CME Group has beat out Hong Kong Exchanges & Clearing as the…
Read moreSucden Financial announced today it has developed a new advanced trading feature on its in-house developed STARtrading platform. The Dynamic Spreader now allows users to monitor and trade on two exchanges/markets simultaneously, taking advantage of any arbitrage opportunities. Traders may trade the sugar premium, for example buying New York (Raw) sugar contracts whilst simultaneously selling…
Read moreThe new product informs market participants in real-time about unusual price and order book behavior of the most important Eurex futures.
Read moreThe TradeShare app is immediately available to CQG's FCM partners worldwide. The TradeShare app can connect Lead Traders and Followers from any of the top brokerage and futures/forex firms.
Read moreApparently, the two new USD/RMB FX futures contracts have successfully gained traction from market participants.
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