The NASDAQ OMX Group, Inc. and World Steel Exchange Marketing, LCC (WSEM) founded by World Steel Dynamics (WSD) in 2009, announced Monday a new partnership to develop financially settled steel and steel scrap futures products to be traded ...
Tags: Steel Futures Platform, Mineral
Dalian Commodity Exchange (DCE) has announced that it has launched coking coal futures trading as of March 22, indicating that launch of coking coal futures has great significance in improving the coal market system and playing a ...
The NYMEX natural gas futures contract reached seven consecutive record high open interest levels during the period from March 15 to March 25, Chicago-based CME Group said Tuesday. The first record at 1,316,945 contracts posted on March ...
Tags: NYMEX, Gas Contract, Chemicals
The CME Group announced Tuesday that it reached monthly trading volume records for its NYMEX US Midwest Domestic Hot-Rolled Coil Steel Index futures (HRC) and options (HRO) contracts in February. During the month of February, US Midwest ...
Tags: HRC, Hot Rolled Coil Steel, Steel
Oil futures settled lower Monday after extending an overnight slide that saw the front-month NYMEX crude contract trade below $90/barrel for the first time since December 26. NYMEX April crude settled 56 cents lower at $90.12/b, while ICE ...
Tags: Oil futures, Brent crude, Oil Price
(China Glass Network) Recently, the glass futures trading volume had broken through 4 million hands. The depressed situation had released slightly but the enterprises still can't set free from the worry. Till the end of last week, on ...
Tags: glass
The local sharemarket's stellar finish to the year threatens to be curtailed by faltering US political efforts to avoid the"fiscal cliff"of$US600 billion tax rises and spending cuts automatically coming into effect on January 1. Despite ...
Tags: equities, fiscal cliff, US economy, political efforts
IntercontinentalExchange's planned acquisition of NYSE Euronext, announced Thursday, will expand opportunities for trading between energy and equity products as well as give control of successful agricultural products to the Atlanta-based ...
Tags: IntercontinentalExchange, energy, equity products, agricultural products
AUSTRALIAN stocks are expected to start the last full trading week before Christmas on a cautious note amid ongoing negotiations over the looming US budget deadline. Futures trading was pointing to a weak start on the local market today, ...
Tags: Markets Struggle, Fiscal Cliff, US budget
BS reported that gold inched up on Monday as a drop in the US unemployment rate did little to dampen expectations that the Federal Reserve will maintain easy monetary policy when it meets later this week. Investors are watching ...
Tags: US, unemployment, monetary policy, job market
Reuters reported that hedge funds and money managers sharply cut their bullish bets on gold futures last week on profit taking while an improving US economic outlook prompted them to switch copper contracts to its first net long in 4 weeks. ...
Tags: hedge funds, bullish bets, gold future, gold market
Brady plc the leading supplier of trading and risk management solutions for metals recycling energy and soft commodities announced that Onesteel Recycling Asia has selected Brady to manage its physical trading and risk requirements for its ...
Tags: scrap metal company, metal recycling, scrap recycling, recycling aluminum
Copper supply shortages will extend into the first half of next year as an accelerating Chinese economy more than doubles the pace of growth in global consumption even as mines extract a record amount of metal. According to the ...
Tags: copper, supply shortage, metal, mines extract, slowing growth
NYMEX parent CME Group has dropped a lawsuit in which it sought to prevent the US Commodity Futures Trading Commission from enacting certain swap reporting rules. In a Thursday filing with the US District Court for the District of ...
Ace Derivatives and Commodity Exchange Limited (Ace), a Kotak Mahindra Group anchored commodity exchange in India, announced that it will commence futures trading in Cotton (Bales) from September 24, 2012 Ace is currently launching 3 ...
Tags: cotton futures trading, cotton market, cotton industry