China Daily quoted a senior research and development manager with the grain-intensive futures exchange
in Zhengzhou, capital of Henan Province in central China, as saying the Shanghai exchange would hold back the existing three commodity markets.
The CFTC's proposals recognize that the current "one-size-fits-all" approach to regulation of futures exchanges
is inappropriate, and they generally incorporate sound judgments regarding the degree of regulation needed to achieve the CEA' s purposes.
Instead, the Federal Reserve believes that the futures exchanges
should be allowed to compete in offering such services to professional counterparties, free from the constraints and burdens of the CEA.
Under the current structure, the stock and futures exchanges
are owned by their members including 500 stock brokers and 130 futures brokers.
TT) and Sydney Futures Exchange
(SFE) today announced TT has launched a high-speed connection to SFE.
Interpreted broadly, any financial contract has some element of futurity; hence this provision affects a wide range of existing and new financial products that might be offered outside the futures exchanges
, including some depository instruments that are subject to other regulatory safeguards.
a leading provider of network and application performance management solutions, today announced that the Shanghai Futures Exchange
has deployed its nGenius(R) Performance Management System to help optimize the performance of time-sensitive trading and back-office applications, which handle more than a trillion dollars (more than 8 trillion Chinese yuan) in futures contracts annually.
It estimates that its X_TRADER platform is used to transact at least 50% of the combined electronic volume on the world's four largest futures exchanges
In addition to CFE, TT has developed connections to several exchanges, including the Big Four futures exchanges
Through its worldwide subsidiaries, REFCO is among the most active members of futures exchanges
around the world, a major broker of cash market products and an asset manager in traditional and alternative products.
PB-Integrator works with the Chicago Mercantile Exchange's Standard Portfolio Analysis of Risk (SPAN), which is used by virtually all registered futures exchanges
and clearing organizations in the United States, as well as futures exchanges
and clearing organizations Worldwide including the Chicago Mercantile Exchange (CME), the Chicago Board of Trade (CBOT), NYMEX/ COMEX, New York Board of Trade (NYBOT), Kansas City Board of Trade (KCBOT), Minneapolis Grain Exchange (MGE), Winnepeg Commodity Exchange (WCE), Canadian Derivatives Clearing Corporation (CDCC), Euronext-Paris (Paris Bourse), KELER, Budapesti Arutozsde, Budapesti Ertektoszde, Hong Kong Futures Exchange
(HKFE), Singapore Exchange (SGX), Sydney Futures Exchange
RJO's volume accounted for more than 3 percent of the total customer volume of each of the nation's two largest futures exchanges
- the Chicago Mercantile Exchange (CME) and the Chicago Board of Trade (CBOT).
need to be dynamic, aggressive and responsive to rapidly changing market conditions.
For all orders placed on US futures exchanges
, trades are sent directly via RJO's proprietary nationwide order routing engine that delivers the trade to either the electronic marketplace or to the open out cry location instantly.
hk) is the publicly listed holding company of the Hong Kong stock and futures exchanges
and their associated clearing houses.