Ukrainian Grain Congress Black Sea Wheat Futures
|
|
- Harvey Hardy
- 5 years ago
- Views:
Transcription
1 Ukrainian Grain Congress 2011 Black Sea Wheat Futures Kiev - October 10, 2011 Jeffry Kuijpers
2 DISCLAIMER Futures trading is not suitable for all investors, and involves the risk of loss. Futures are a leveraged investment, and because only a percentage of a contract s value is required to trade, it is possible to lose more than the amount of money deposited for a futures position. Therefore, traders should only use funds that they can afford to lose without affecting their lifestyles. And only a portion of those funds should be devoted to any one trade because they cannot expect to profit on every trade. All references to options refer to options on futures. CME Group is the trademark of CME Group, Inc. The Globe logo, Globex and CME are trademarks of Chicago Mercantile Exchange, Inc. CBOT is the trademark of the Board of Trade of the City of Chicago. NYMEX, New York Mercantile Exchange, and ClearPort are trademarks of New York Mercantile Exchange. Inc. COMEX is a trademark of Commodity Exchange, Inc. The information within this presentation has been compiled by CME Group for general purposes only. CME Group assumes no responsibility for any errors or omissions. Although every attempt has been made to ensure the accuracy of the information within this presentation, CME Group assumes no responsibility for any errors or omissions. Additionally, all examples in this presentation are hypothetical situations, used for explanation purposes only, and should not be considered investment advice or the results of actual market experience. All matters pertaining to rules and specifications herein are made subject to and are superseded by official CME, CBOT and CME Group rules. Current rules should be consulted in all cases concerning contract specifications. Copyright 2011 CME Group. All rights reserved CME Group. All rights reserved
3 Chicago Mercantile Exchange (CME) Chicago Board of Trade (CBOT) New York Mercantile Exchange (NYMEX) Commodity Exchange (COMEX) 2011 CME Group. All rights reserved 3
4 Benefits of CME Clearing In over 100 years, no customer clearing trades through CME Clearing has ever incurred a loss due to default of a clearing member CME Group. All rights reserved 4
5 CME Group Product Complexes Agriculture Interest Rates Foreign Exchange Equities 4,000 + Listed Contracts Weather Energy (Precious) Metals 2011 CME Group. All rights reserved
6 CME Group Agricultural Commodity Product Line CME Group offers the widest range of benchmark products available across all major asset classes, including futures, options and/or swaps on: Grain and Oilseeds Dairy Products Corn Wheat Soybean Soybean Meal Soybean Oil Palm Oil Rough Rice Oats DDGS Class III Milk Class IV Milk Nonfat Dry Milk Deliverable Nonfat Dry Milk Dry Whey Cash-settled Butter Butter International Skimmed Milk Powder Livestock Live Cattle Lean Hogs Feeder Cattle Frozen Bellies Forestry Products Random Length Lumber Softwood Pulp Hardwood Pulp Bio Energy Products Ethanol Biodiesel Commodity Indexes DJ-UBS Commodity Index S&P-GSCI S&P-GSCI Excess Return Index 2011 CME Group. All rights reserved 6
7 CME Group Agriculture Products Volumes/Trends
8 2011 CME Group. All rights reserved 8
9 2011 CME Group. All rights reserved 9
10 2011 CME Group. All rights reserved
11 2011 CME Group. All rights reserved
12 FOCUS ON FUTURES
13 Futures Contract (Technical Definition) Legally binding agreement to accept delivery of or make delivery of a standardized quantity and quality of a commodity to a standardized place in a standardized time period for a price discovered in an organized futures exchange CME Group. All rights reserved
14 Futures Contract (Basic Definition) A standardized contract that LOCKS IN A PRICE for a FUTURE delivery CME Group. All rights reserved
15 Wheat Futures Contract Specifications Size: 5,000 bushels (136 metric tons) Pricing unit: cents/bushel Tick size: 1/4 cent/bushel ($12.50 per contract) Ticker symbol: Open auction (W) and Electronic (ZW) Daily price limit: 60 cents/bushel Contract months: Jul(N), Sep(U), Dec(Z), Mar(H), May(K) Quality: #2 Soft Red Winter Wheat, other qualities deliverable at premium/discount Trading hours: (Kiev time) Electronic: 2:00-15:15 Monday - Friday Open-auction & Electronic: 17:30-21:15 Monday - Friday 2011 CME Group. All rights reserved
16 Corn Futures Contract Specifications Size: 5,000 bushels (127 metric tons) Pricing unit: cents/bu Tick size: 1/4 cent/bu ($12.50 per contract) Ticker symbol: Open auction (C) and Electronic (ZC) Daily price limit: 40 cents/bushel. Contract months: Dec (Z), Mar(H), May(K), Jul(N), Sep(U) Quality: #2 Yellow corn, other qualities can be delivered at premium/discount Trading hours: (Kiev time) Electronic: 2:00-15:15 Monday - Friday Open-auction & Electronic: 17:30-21:15 Monday - Friday 2011 CME Group. All rights reserved
17 Want to learn more? Hedgers self-study guide in Russian, available for free via or one of the various educational seminars in Kiev and other locations throughout Europe or the Middle East Contact: Jeffry Kuijpers Agricultural Commodities EMEA Tel: CME Group. All rights reserved
18 Developments in the Black Sea Region
19 Black Sea Wheat Futures? 2 Memorandum(s) of Understanding signed in June 2011 between Ukrainian Futures Exchange ( UFE ) & CME Group Government of Ukraine, National Bank of Ukraine & CME Group Working groups have started on Legal environment Operations in and outside of Ukraine Market Education Product & Contract Development Thank you to everyone who has been involved so far. We have a long way to go but we are making good progress! 2011 CME Group. All rights reserved
AGRICULTURAL RISK MANAGEMENT. Global Grain Geneva November 12, 2013
AGRICULTURAL RISK MANAGEMENT Global Grain Geneva November 12, 2013 Managing Price Risk is Easier to Swallow Than THE ALTERNATIVE Is Your Business Protected Is Your Business Protected Is Your Business Protected
More informationMonthly Agricultural Review
AGRICULTURE June 214 Monthly Agricultural Review A Global Trading Summary of Grain, Oilseed and Livestock Markets» Highlights» Futures» Options How the world advances Monthly Agricultural Review AGRICULTURAL
More informationAgricultural Options. June 2018
Agricultural Options June 2018 CME GROUP INTERNAL Ag Option Product Suite Highlights Grain & Oilseed markets experienced large ranges in implied volatility and skew throughout June Record percent of volume
More informationAgricultural Options. November CME Group. All rights reserved.
Agricultural Options November 2018 Ag Option Product Suite Highlights Livestock spread volume on CME Globex hit an all-time high of 35%, led by verticals, 3-ways and delta-hedged options Weekly options
More informationAgricultural Options. March 2018
Agricultural Options March 2018 CME GROUP INTERNAL Ag Option Product Suite Highlights Implied volatility showing large ranges during the first quarter KC Wheat CSO s have a record volume month Uptick in
More informationAgricultural Options. September CME Group. All rights reserved.
Agricultural Options September 2018 Ag Option Product Suite Highlights Wheat complex continues to show strong volume with HRW implied volatility trading 1% higher than SRW. HRW/SRW Wheat call skew showing
More informationMonthly Agricultural Review
AGRICULTURE February 216 Monthly Agricultural Review A Global Trading Summary of Grain, Oilseed and Livestock Markets Highlights Futures Options How the world advances Monthly Agricultural Review AGRICULTURAL
More informationMGEX CBOT Wheat Spread Options. Product Overview
MGEX CBOT Wheat Spread Options Product Overview May 7, 2012 MGEX-CBOT Wheat Spread Options Overview - MGEX: Hard Red Spring Wheat futures listed on the Minneapolis Grain Exchange, Inc. - CBOT: Soft Red
More informationMonthly Agricultural Review
Monthly Agricultural Review Monthly Agricultural Review AGRICULTURAL TRADING HIGHLIGHTS September 216 Average daily volume for September 216 Grain and Oilseed futures was 653,245 contracts, compared with
More informationMonthly Agricultural Review JUNE 2016
Monthly Agricultural Review JUNE 216 Monthly Agricultural Review AGRICULTURAL TRADING HIGHLIGHTS June 216 Average daily volume for June 216 Grain and Oilseed futures was 1,329,415 contracts, compared with
More informationProbability Analytics and Transactions Costs in the Era of Event Risk Blu Putnam, Chief Economist CME Group June 2017
Probability Analytics and Transactions Costs in the Era of Event Risk Blu Putnam, Chief Economist CME Group June 2017 2017 CME Group. All rights reserved. Investment advice is neither given nor intended
More informationMonthly Agricultural Review
Monthly Agricultural Review Monthly Agricultural Review AGRICULTURAL TRADING HIGHLIGHTS February 217 Average daily volume for February 217 Grain and Oilseed futures was 1,198,561 contracts, compared with
More informationAGRICULTURAL PRODUCTS. Soybean Crush Reference Guide
AGRICULTURAL PRODUCTS Soybean Crush Reference Guide As the world s largest and most diverse derivatives marketplace, CME Group (cmegroup.com) is where the world comes to manage risk. CME Group exchanges
More informationIntroduction to Risk Management CME Group. All rights reserved.
Introduction to Risk Management What does risk look like? It s different for every industry. It s different for every industry. It s different for every industry. We bring those who want to manage risk
More informationIs it time for a boneless beef trimmings derivative contract? David Farley 1 st March 2012
Is it time for a boneless beef trimmings derivative contract? David Farley 1 st March 2012 Why does AAco care? 680,000 head of cattle Substantial price risk over which AAco has limited ability to take
More informationVolatility Monitor. 3 rd Quarter 2012 OCTOBER 11, John W. Labuszewski
Volatility Monitor 3 rd Quarter 2012 OCTOBER 11, 2012 John W. Labuszewski Managing Director Research & Product Development 312-466-7469 jlab@cmegroup.com Volatility is one of several key inputs into mathematical
More informationBloomberg Analytics for CME Swap Clearing
Bloomberg Analytics for CME Swap Clearing CME-Specific USD Valuation Curve CME Cleared Swaptions Initial Margin Calculations 2016 CME Group. All rights reserved. CME-Specific USD Valuation Curve 2016 CME
More informationDo you have what it takes to trade CME Group Product from Mexico? South to North Connectivity
Do you have what it takes to trade CME Group Product from Mexico? South to North Connectivity December 9, 2013 Disclaimer Futures trading is not suitable for all investors, and involves the risk of loss.
More informationOffering participants of the $48 billion U.S. dairy business a useful tool in managing the price risks inherent to this industry. Nov - 08.
Commodity products Dairy Futures and Options Offering participants of the $48 billion U.S. dairy business a useful tool in managing the price risks inherent to this industry. CLASS III MILK ELECTRONIC
More informationHedging in 2014 "" Wisconsin Crop Management Conference & Agri-Industry Showcase 01/16/2014" Fred Seamon Senior Director CME Group"
Hedging in 2014 Wisconsin Crop Management Conference & Agri-Industry Showcase 01/16/2014 Fred Seamon Senior Director CME Group Disclaimer Futures trading is not suitable for all investors, and involves
More informationMonthly Metals Review
METALS August 213 Monthly Metals Review A Global Trading Summary of Metals Markets» Highlights» Futures» Options How the world advances Monthly Metals Review METALS TRADING HIGHLIGHTS August 213 Records:
More informationRule 539.C. Crossing Protocols on CME Globex
Rule 539.C. Crossing Protocols on CME Globex Introduction of the Committed Cross (C-Cross) for Financial Options (Equity, FX, & Interest Rate) 2016 CME Group. All rights reserved. Crossing Protocols on
More informationHedging Tools for the Ferrous Metals Marketplace. Young-Jin (Jin) Chang Director Research & Product Development March 11, 2013
Hedging Tools for the Ferrous Metals Marketplace Young-Jin (Jin) Chang Director Research & Product Development March 11, 2013 CME Group: The Leader in a Dynamic Industry A diverse and world leading derivatives
More informationRelationship-Based Trading in CME Group Agricultural Markets
Relationship-Based Trading in CME Group Agricultural Markets November 15th, 2017 Bob Sniegowski Executive Director, Market Regulation Steve Stasys Director, Agricultural Options Agenda Introduction Block
More informationTrade Entry - Trade Management - Trade Exit The Best Things Come in Threes
Trade Entry - Trade Management - Trade Exit The Best Things Come in Threes Timothy Morge, CTA and President Blackthorne Capital, Inc. Sovereign Wealth Managers Internet Presentation Sponsored by Interactive
More informationDivergent Levels of Debt: Differing National Strategies and Their Consequences for Investors
Divergent Levels of Debt: Differing National Strategies and Their Consequences for Investors Erik Norland, Senior Economist & Executive Director Intelligence & Analytics November 2018 1 Investment Advice
More informationTRADING THE CATTLE AND HOG CRUSH SPREADS
TRADING THE CATTLE AND HOG CRUSH SPREADS Chicago Mercantile Exchange Inc. (CME) and the Chicago Board of Trade (CBOT) have signed a definitive agreement for CME to provide clearing and related services
More informationUS Treasury Classic Bond Futures Describing the Gap in the Delivery Basket & Presenting Potential Options to Address.
US Treasury Classic Bond Futures Describing the Gap in the Delivery Basket & Presenting Potential Options to Address November 2013 Agenda US Treasury Bond Futures Gap in Delivery Basket Potential Options
More informationPortfolio Margining Benefits
Portfolio Margining Benefits Unparalleled Capital Efficiencies for Interest Rate Swap Portfolios Portfolio Margining IRS and CME Group Futures Unparalleled Margin Efficiencies for a Capital Constrained
More informationCME Group Equity Quarterly Roll Analyzer
CME Group Equity Quarterly Roll Analyzer Guide to getting started August 2017 Powered by QuikStrike Each quarter during the roll period, CME Group s Equity Quarterly Roll Analyzer is populated with the
More informationMonthly Metals Review
Monthly Metals Review Monthly Metals Review METALS TRADING HIGHLIGHTS October 216 Highlights: Average daily volume for October 216 COMEX metal (Gold, Silver and Copper) futures was 316,25 contracts, compared
More informationFNCE4040 Derivatives Chapter 2
FNCE4040 Derivatives Chapter 2 Mechanics of Futures Markets Futures Contracts Available on a wide range of assets Exchange traded Specifications need to be defined: What can be delivered, Where it can
More informationMonthly Metals Review
Monthly Metals Review Monthly Metals Review METALS TRADING HIGHLIGHTS November 216 Highlights: Average daily volume for November 216 COMEX metal (Gold, Silver and Copper) futures was 612,111 contracts,
More informationMonthly Metals Review
Monthly Metals Review Monthly Metals Review METALS TRADING HIGHLIGHTS February 217 Highlights: Average daily volume for February 217 COMEX metal (Gold, Silver and Copper) futures was 449,987 contracts,
More informationOTC SOFR Swaps Clearing
OTC SOFR Swaps Clearing April 17, 2018 OTC CLEARING THE WAY FORWARD 2018 CME Group. All rights reserved. 1 CME SOFR Offering The Secured Overnight Funding Rate (SOFR) What is SOFR? Endorsed by the Alternative
More informationAGRICULTURAL PRODUCTS. Self-Study Guide to Hedging with Livestock Futures and Options
AGRICULTURAL PRODUCTS Self-Study Guide to Hedging with Livestock Futures and Options TABLE OF CONTENTS INTRODUCTION TO THE GUIDE 4 CHAPTER 1: OVERVIEW OF THE LIVESTOCK FUTURES MARKET 5 CHAPTER 2: FINANCIAL
More informationNAVIGATING. a BriEF guide to the DErivativEs MarkEtPLaCE and its role in EnaBLing ECOnOMiC growth
NAVIGATING a BriEF guide to the DErivativEs MarkEtPLaCE and its role in EnaBLing ECOnOMiC growth p 1 OVERVIEW What does risk look like p 14 THE BIG ECONOMIC PICTURE A quick lesson in supply and demand
More informationOpen Your Mind & Sharpen Your Market Techniques
Open Your Mind & Sharpen Your Market Techniques Timothy Morge, CTA and President Blackthorne Capital, Inc. Internet Presentation Sponsored by Interactive Brokers May 8, 2014 www.marketgeometry.com www.medianline.com
More informationVolatility Jam Session
Volatility Jam Session Aligning Options Strategies with Volatility Dave Lerman Sr. Director, Marketing/Education CME Group David.lerman@cmegroup.com 312-648-3721 Disclaimer Futures trading is not suitable
More informationCrossing Protocols on CME Globex
Crossing Protocols on CME Globex 2016 Introduction of the Committed Cross (C-Cross) for Financial Products (Equity, FX, & Interest Rate) Learn more at www.cmegroup.com/committedcross 2016 CME Group. All
More informationMonthly Energy Review
ENERGY May 216 Monthly Energy Review A Global Trading Summary of Energy Markets Highlights Futures Options How the world advances Monthly Energy Review ENERGY TRADING HIGHLIGHTS May 216 Average daily volume
More informationClearing Overview. Jason Silverstein, Executive Director & Associate General Counsel October 25, CME Group. All rights reserved.
Clearing Overview Jason Silverstein, Executive Director & Associate General Counsel October 25, 2016 Disclaimer Futures trading is not suitable for all investors, and involves the risk of loss. Futures
More informationFutures Contract Spread Opportunies
Futures Contract Spread Opportunies David Gibbs September 2011 Background & fundamentals Spread Trading In futures trading the simultaneous buying and selling of two contracts against each other is known
More informationMonthly Energy Review
ENERGY February 216 Monthly Energy Review A Global Trading Summary of Energy Markets Highlights Futures Options How the world advances Monthly Energy Review ENERGY TRADING HIGHLIGHTS February 216 Average
More informationCommodity products. Grain and Oilseed Hedger's Guide
Commodity products Grain and Oilseed Hedger's Guide In a world of increasing volatility, customers around the globe rely on CME Group as their premier source for price discovery and managing risk. Formed
More informationTHIRD QUARTER 2010 QUARTERLY FX UPDATE. A Global Trading Summary of FX Futures and Options. Highlights Futures Options
THIRD QUARTER 2010 QUARTERLY FX UPDATE A Global Trading Summary of FX Futures and Options Highlights Futures Options As the world s leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com)
More informationGold Futures vs. Gold ETF s
PRECIOUS METALS Gold Futures vs. Gold ETF s UNDERSTANDING THE DIFFERENCES AND OPPORTUNITIES There are significant differences in the liquidity, leverage and costs of futures and ETFs that need to be understood
More informationCleared OTC Derivatives
Cleared OTC Derivatives Customer Sequestered Regulatory Class August 5, 2010 Agenda Introduction The Regulations and The Rules Operational Impact Financial Reporting Banking Impact Stephen Marx, Goldman
More informationCBOT Invoice Swap Spreads
CBOT Invoice Swap Spreads New enhancements & efficiencies coming June 6, 2016 CBOT Invoice Swap Spread Update and Enhancements On June 6, CME will offer new functionality for CBOT listed invoice spreads
More informationHedging FX Intertek. ACT Webinar, 16 th April
Hedging FX Intertek ACT Webinar, 16 th April 2015 1 www.intertek.com Who is Intertek? We are Electrical engineers Chemists Mechanical engineers Medical doctors Consultants Biologists Inspectors Geologists
More informationTrading Commodities. An introduction to understanding commodities
Trading Commodities An introduction to understanding commodities Brainteaser Problem: A casino offers a card game using a deck of 52 cards. The rule is that you turn over two cards each time. For each
More informationMonthly Metals Review
METALS January 216 Monthly Metals Review A Global Trading Summary of Metals Markets Highlights Futures Options How the world advances Monthly Metals Review METALS TRADING HIGHLIGHTS January 216 Highlights:
More information2015 CME Group. All rights reserved.
Ultra 10-Year US Treasury & Options Launching January 11, 2016 Based on Strong Client Demand Capital constraints have reduced liquidity in the cash market, driving strong client demand for and Options
More informationMonthly Metals Review
METALS May 216 Monthly Metals Review A Global Trading Summary of Metals Markets Highlights Futures Options How the world advances Monthly Metals Review METALS TRADING HIGHLIGHTS May 216 Highlights: Average
More informationLive Cattle Delivery Manual Relating to Chapter 101
AGRICULTURE Live Cattle Delivery Manual Relating to Chapter 101 Table of Contents I. Submission Requirements...1 II. Live Delivery Requirements...2 A. Duties of the short...2 B. Duties of the long...3
More informationIntroduction to Futures Markets
Introduction to Futures Markets History The first U.S. futures exchange was the Chicago Board of Trade (CBOT), formed in 1848. Other U.S. exchanges also began in the last half of the 1800s. Kansas City
More informationCBOT. Fertilizer Swaps (OTC) Urea UAN DAP. $ per ton. Jul 08. Oct 06. Oct 09. Aug 06. Aug 07. Apr 09. Apr 07 Jun 07. May 08. May 11. May 10.
CBOT Fertilizer Swaps Frequently Asked Questio ns October 2012 1. On which fertilizer markets will CBOT fertilizer swaps be listed? CME Group will initially offer four fertilizer swaps contracts, listed
More informationCME Group and the Benefits of the Tighter WTI Specifications
CME Group and the Benefits of the Tighter WTI Specifications Daniel Brusstar Denver, May 23, 2018 COQA CCQTA Joint Meeting Agenda Update on the Phase-in of the additional WTI tests The benefits of adopting
More informationMonthly Metals Review
Monthly Metals Review Monthly Metals Review METALS TRADING HIGHLIGHTS September 216 Highlights: Average daily volume for September 216 COMEX metal (Gold, Silver and Copper) futures was 314,63 contracts,
More informationCME Group Interest Rate Options
CME Group Interest Rate Options January 2018 Dave Reif Interest Rate Business Line Management cmegroup.com +1 312 648 3839 Interest Rate Options Overview Strong electronic growth has expanded access and
More information2017 CME Group. All rights reserved.
Most Successful Product Launch in CME Group History Fulfilled by physical delivery of original-issue 10-year Treasury notes with terms to maturity between 9-Yrs 5 Mos and 10-Yrs (on-the run, old, and double
More informationCleared OTC Credit at CME Security. Neutrality. Transparency.
Cleared OTC Credit at CME Security. Neutrality. Transparency. Contents Why CME for CDS Clearing? CDS Margin Model & Benefits Cleared OTC CDS Product Scope Client Clearing Reporting & Tools Next Steps and
More information10T and U10T Eris Standard Invoice Swap Futures: Contract Specifications
10T and U10T Eris Standard Invoice Swap Futures: Contract Specifications Trading Hours Contract Description Contract Structure Contract Short Name Regular Trading Hours (RTH): Monday Friday; 7:00 am to
More informationCME Direct 13.3 Release Notes. 24 Sept 2018
13.3 Release Notes 24 Sept 2018 Disclaimer Neither futures trading nor swaps trading are suitable for all investors, and each involves the risk of loss. Swaps trading should only be undertaken by investors
More information2017 CME Group. All rights reserved.
Most Successful Product Launch in CME Group History Fulfilled by physical delivery of original-issue 10-year Treasury notes with terms to maturity between 9-Yrs 5Mos and 10-Yrs (on-the run, old, and double
More information2018 Holiday Trading Schedule Good Friday
2018 Holiday Trading Schedule Good day The following schedule is taken from sources that Station believes are accurate and are subject to change. The schedule has been assembled for information purposes
More information2018 Holiday Trading Schedule Memorial Day
2018 Holiday Trading Schedule Memorial Day The following schedule is taken from sources that TradeStation believes are accurate and are subject to change. The schedule has been assembled for information
More informationFee Summary Guide. Proprietary Trading Firms
Fee Summary Guide Proprietary Trading Firms Fees effective as of February 1, 2018 Fee Summary Guide As the world s leading and most diverse derivatives marketplace, CME Group is where the world comes to
More informationCME Group Market Regulation. Update on Revisions to Rule 538 and Associated Regulatory Guidance
CME Group Market Regulation Update on Revisions to Rule 538 and Associated Regulatory Guidance October 13, 2016 Agenda 1 Introduction 2 What is an EFRP? 3 Description of Recent Changes and Review of Unchanged
More informationCleared OTC Credit Default Swaps
Cleared OTC Credit Default Swaps Changing the CDS Clearing Landscape Q3 2015 Contents Why CME for CDS Clearing? CDS Margin Model & Benefits Cleared OTC CDS Product Scope Client Clearing Reporting & Tools
More information2019 Holiday Trading Schedule Martin Luther King, Jr. Day
2019 Holiday Trading Schedule Martin Luther King, Jr. Day The following schedule is taken from sources that Station believes are accurate and are subject to change. The schedule has been assembled for
More informationTue Extended Close Trade Date 1/12/2018 1/12/2018 1/12/2018 1/15/2018 1/15/2018 1/15/2018 1/16/2018 1/16/2018 1/16/2018. Mon Open Trade Date
2018 Holiday Trading Schedule Martin Luther King Day The following schedule is taken from sources that TradeStation believes are accurate and are subject to change. The schedule has been assembled for
More information2017 Holiday Trading Schedule Thanksgiving Day
2017 Holiday Trading Schedule Thanksgiving Day The following schedule is taken from sources that Station believes are accurate and are subject to change. The schedule has been assembled for information
More informationFOURTH QUARTER QUARTERly FX. A Global Trading Summary of FX Futures and Options. Highlights Futures Options
FOURTH QUARTER 2010 QUARTERly FX Update A Global Trading Summary of FX Futures and Options Highlights Futures Options As the world s leading and most diverse derivatives marketplace, CME Group (www.cmegroup.com)
More informationCME Bitcoin Futures The Basics
CME Bitcoin Futures The Basics January 2018 Dave Lerman Senior Director, Education CME Group David.lerman@cmegroup.com Disclaimer Neither futures trading nor swaps trading are suitable for all investors,
More informationCOMMODITY FUTURES TRADING COMMISSION. Procedures to Establish Appropriate Minimum Block Sizes for Large Notional Off-
This document is scheduled to be published in the Federal Register on 07/16/2013 and available online at http://federalregister.gov/a/2013-16938, and on FDsys.gov 6351-01-P COMMODITY FUTURES TRADING COMMISSION
More informationMon Core Close Trade Date. Mon. Open Trade Date 12/22/ /22/ /22/ /25/ /25/ /25/ /26/ /26/ /26/2017
2017 Holiday Trading Schedule Christmas The following schedule is taken from sources that Station believes are accurate and are subject to change. The schedule has been assembled for information purposes
More informationSteel Scrap Hedging. Young-Jin (Jin) Chang Director Research & Product Development November 12-13, 2012
Steel Scrap Hedging Young-Jin (Jin) Chang Director Research & Product Development November 12-13, 2012 Today s Agenda - Why Hedge Your Price Exposure? - Who Needs to Manage Price Risk? - Contract Specs
More informationFinding Opportunities in a New Interest Rate Environment
INTEREST RATES Finding Opportunities in a New Interest Rate Environment The Interest Rate market is experiencing significant volatility in 2015, as market participants are anticipating when the FOMC will
More informationCommand the Curve: Treasury Futures and Options for the Active Trader June 26, 2018
Command the Curve: Treasury Futures and Options for the Active Trader June 26, 2018 David Lerman Sr. Director, Education CME Group david.lerman@cmegroup.com Market Development Historical developments Birth
More informationThird Quarter Quarterly FX Review. A Global Trading Summary of FX Futures and Options Highlights Futures Options. How the world advances
FX Third Quarter 212 Quarterly FX Review A Global Trading Summary of FX Futures and Options»» Highlights»» Futures»» Options How the world advances As the world s leading and most diverse derivatives marketplace,
More informationOTC SOFR Swaps Clearing
OTC SOFR Swaps Clearing Q4 2018 OTC CLEARING THE WAY FORWARD 1 CME SOFR Offering The Secured Overnight Funding Rate (SOFR) What is SOFR? Endorsed by the Alternative Reference Rate Committee (ARRC) in June
More information10Y Eris Primary Standard Swap Futures: Contract Specifications
10Y Eris Primary Standard Swap Futures: Contract Specifications Trading Hours Contract Structure Underlying Swap Tenor Contract Short Name Fixed Rate Contract Size Trading Conventions Swap Futures Leg
More informationFirst Quarter Quarterly FX Update. A Global Trading Summary of FX Futures and Options Highlights Futures Options. How the world advances
FX First Quarter 2011 Quarterly FX Update A Global Trading Summary of FX Futures and Options»» Highlights»» Futures»» Options How the world advances As the world s leading and most diverse derivatives
More informationKey Commodity Report Weekly
Key Commodity Report Weekly CME Group Corn Soybean Soy Meal Soybean Oil Rough Rice Wheat Cheddar Barrel Cheddar Block Milk Class III Butter AA Source: CME Group *Euro *British Pound Canadian Dollar Chinese
More informationIMPORTANT MEMORANDUM SUBJECT: HOLIDAY SCHEDULE-CHRISTMAS DAY-FRIDAY, DECEMBER 25, 2009
09-558 IMPORTANT MEMORANDUM TO: FROM: Clearing Member Firms Chief Financial Officers Back Office Managers CME Clearing SUBJECT: HOLIDAY SCHEDULE-CHRISTMAS DAY-FRIDAY, DECEMBER 25, 2009 Thursday, December
More informationCME FX Link LIQUIDITY, LINKED QUOTATION AND PRICING GUIDE
CME FX Link LIQUIDITY, LINKED QUOTATION AND PRICING GUIDE CME FX Link: One CME Globex Spread, Connecting OTC FX and FX Futures Markets CME FX Link is a CME Globex basis spread between FX Futures and OTC
More informationCapitalize on the CME Group/MexDer Partnership. Trade MexDer Equity Index (IPC) Futures
Capitalize on the CME Group/MexDer Partnership Trade MexDer Equity Index (IPC) Futures Trade MexDer Equity Index (IPC) Futures Open a New Door to Opportunity with MexDer Equity Index (IPC) Futures The
More informationShort-Term Interest Rate (STIR) Intercommodity Spreads on Globex. Including the Eurodollar Fed Funds Spread, and spreads involving SOFR Futures
Short-Term Interest Rate (STIR) Intercommodity Spreads on Globex Including the Eurodollar Fed Funds Spread, and spreads involving SOFR Futures CME Group Short Term Interest Rate Inter-Commodity Spreads
More informationKey Commodity Report Weekly
Key Commodity Report Weekly CME Group Corn Soybean Soy Meal Soybean Oil Rough Rice Wheat Cheddar Barrel Cheddar Block Milk Class III Butter AA Source: CME Group USDA Weekly Prices Live Cattle Course Ground
More informationGREATER SECURITY. MORE CERTAINTY. CME CLEARPORT.
GREATER SECURITY. MORE CERTAINTY. CME CLEARPORT. FLEXIBLE SOLUTIONS FOR MITIGATING YOUR RISK CME ClearPort is a comprehensive set of flexible clearing services for the global OTC market. Launched in 2002
More informationMonthly Metals Review JULY 2016
Monthly Metals Review JULY 216 Monthly Metals Review METALS TRADING HIGHLIGHTS July 216 Highlights: Average daily volume for July 216 COMEX metal (Gold, Silver and Copper) futures was 438,37 contracts,
More informationMonthly Metals Review JUNE 2016
Monthly Metals Review JUNE 216 Monthly Metals Review METALS TRADING HIGHLIGHTS June 216 Highlights: Average daily volume for June 216 COMEX metal (Gold, Silver and Copper) futures was 45,152 contracts,
More informationMonthly Energy Review
Monthly Energy Review Monthly Energy Review ENERGY TRADING HIGHLIGHTS September 216 Average daily volume for September 216 Light Sweet Crude Oil futures was 1,158,68 contracts, compared with 79,692 during
More information155, , ,000 95,000 75,000 55,000 35,000. Mar-10. Nov-04 Mar-05. Jul-04. Jul-03
Vol. 7, No. 237 / December 10, 2009 Market Comments Notice: On pages 2-6 we have included a special CME Executive Report on the launch of Live Cattle and Lean Hog Futures calendar spreads. These options
More informationMonthly Stock Index Review
EQUITY October 2011 Monthly Stock Index Review A Global Trading Summary of Stock Index Futures and Options» Highlights» Stats At-a-Glance» ADVs» 20-Day Historical Volatilities» Index Sector Weightings»
More informationMonthly Energy Review
Monthly Energy Review Monthly Energy Review ENERGY TRADING HIGHLIGHTS October 216 Average daily volume for October 216 Light Sweet Crude Oil futures was 1,96,161 contracts, compared with 794,78 during
More informationInvoice Swap Spreads and Portfolio Margining Benefits
Invoice Swap Spreads and Portfolio Margining Benefits Unparalleled Capital Efficiencies for Interest Rate Swap Portfolios 2016 CME Group. All rights reserved. Recent Developments in Packaged Trades Between
More informationUNPARALLELED OPPORTUNITIES. Two of the world s most dynamic, growing liquidity pools... now available on your existing data connection.
UNPARALLELED OPPORTUNITIES Two of the world s most dynamic, growing liquidity pools... now available on your existing data connection. CME Group and BM&F BOVESPA Removing the barriers to global market
More informationU.S. Treasury Futures 1.0. Agenda. June Foundational Concepts. 5 Review and Q&A. 4 Measuring risk, BPV, Hedge Ratio (HR)
U.S. Treasury Futures 1.0 Foundational Concepts June 2017 2017 CME Group. All rights reserved. Agenda 1 Delivery Process 2 Treasury Basis 3 Cheapest-to-deliver (CTD) 4 Measuring risk, BPV, Hedge Ratio
More information