CME Group

180 results about this entity

Period: 17 Oct 2006 - 20 Feb 2024

CME delays CDS clearing launch as search continues for investors

The Chicago Mercantile Exchange has delayed the launch of its clearing counterparty for credit default swaps as it seeks to attract investment and liquidity promises from the dealer community.

ICE wins Fed approval for CDS clearing; Eurex to concentrate on Europe

IntercontinentalExchange (ICE) has received regulatory approval from the Federal Reserve to serve as a clearing house and central counterparty for credit default swap (CDS) transactions.

CESR calls for EU-based derivatives information repository

The Committee of European Securities Regulators (CESR) is calling for the creation of a euro-centric repository of bilaterally-agreed credit derivatives, mirroring the DTCC's Trade Information Warehouse in the US.

European Commission ready to mandate central clearing for CDS deals - Reuters

The European Commission is set to introduce legislation forcing market participants to adopt central clearing of credit derivatives transactions, an anonymous source from the EU's executive body has told Reuters.

US regulators sign CDS counterparty clearing MoU

US regulatory agencies have signed a memorandum of understanding to jointly guide the development of central counterparty clearing arrangements for the credit default swaps market.

European Commission sets year-end deadline for creation of CDS clearing counterparty

The European Commission has set an end-year deadline for financial market participants to draw up a blueprint for the clearing of credit default swaps.

ICE to acquire The Clearing Corporation as CDS clearing deadline nears

IntercontinentalExchange is to acquire The Clearing Corporation of Chicago as it gears up for the launch of a central counterparty clearing system for the credit default swaps market in conjunction with nine global dealers.

Eurex outlines CDS clearing proposal

Derivatives exchange Eurex has unveiled its proposal for establishing a central clearing system for the over-the-counter (OTC) credit markets which it says has "received support from European authorities".

CME and Thomson Reuters dump FXMarketSpace JV

CME Group and Thomson Reuters are closing FXMarketSpace, the centrally-cleared foreign exchange marketplace established last year, after the venture failed to attract the liquidity levels expected.

CME and Citadel invite industry to take stakes in CDS counterparty JV

The Chicago Mercantile Exchange is teaming up with Citadel to launch a credit default swaps trading platform and central counterparty facility. News of the move comes as the Federal Reserve meets with industry leaders to push for new risk mitigation techniques in the over-the-counter markets.

CME Group joins Linux Foundation

Derivatives exchange operator CME Group has joined the Linux Foundation, with its associate director Vinod Kutty taking on the chair of the organisation's end user council.

CME set to dump FXMarketSpace - report

CME Group is planning to withdraw from FXMarketSpace, the centrally-cleared foreign exchange marketplace it established with Thomson Reuters, according to a press report.

Nyse Euronext gears up for futures launch

Transatlantic exchange Nyse Euronext is to launch a new US futures exchange in September after the Commodity and Futures Trading Commission (CFTC) approved its application to become a designated contract market (DCM).

CME Group buys credit derivatives data outfit CMA

Chicago's CME Group has acquired Credit Market Analysis (CMA), a London-based provider of credit derivatives market data to asset managers. Financial terms of the deal were not disclosed.

E-trading driving FX markets - CME Group

FX traders expect electronic trading growth to gain momentum faster than previously expected, says a global survey released by CME Group which predicts that on average, more than 80% of all cash business will be executed electronically in 2010.

CME seals Nymex deal

CME Group has confirmed that it is acquiring The New York Mercantile Exchange (Nymex) in a cash and stock deal worth around $9.4 billion.

Liffe to move into clearing - Bloomberg

London-based derivatives exchange Liffe is planning to enter the clearing business in a bid to fight off competition from Project Rainbow, the European exchange being set up by investment banks, according to a Bloomberg report.

TowerGroup names five to survive exchange consolidation

By 2012, the exchange-trading business will be dominated by five global powerhouses marketing a range of services to the securities industry, according to forecasts from TowerGroup.

DoJ calls for split of futures exchanges and clearing houses

The US Department of Justice (DoJ) is calling for the separation of clearing and settlement services from futures exchanges after finding the current structure - where market operators such as CME Group own and control their own clearing operations - inhibits competition.

CME Group in talks to buy Nymex

The newly-merged CME Group is in preliminary discussions to buy The New York Mercantile Exchange (Nymex) in a cash and stock deal that could be worth around $11 billion.