Managing Weather Risk - Will Derivatives Use Rise?
Futures Industry Mag - 21.02.2009
[Joanne Morrison I Jan/Feb 09 Issue] - Imagine that you run a ski resort in New England and disaster strikes. You get rained out during the all-important week between Christmas and New Year’s Eve. There goes your chance for a profitable winter season—unless you happen to be one of the small number of companies that hedge such risks with a weather derivative. ... mehr

Electronic Grain
Futures Industry Mag - 07.03.2007
When the three main grain exchanges in North America finally bit the bullet in August 2006 and began side-by-side trading of their flagship corn, wheat and soybean contracts, the futures indusry was more than ready. Electronic trading had long since swept through the interest rate and equity futures ... mehr

Measuring Market Impact: Transaction Cost Analysis Comes to the Futures Market
Futures Industry Mag - 17.01.2007
[Galen Burghardt] - One of the main reasons futures have been such successful trading instruments is that they almost always are cheaper to trade than their related cash instruments. As a result, we have attracted a cost sensitive clientele. And with every passing year, our markets have become ... mehr

Hedging Energy Risk
Futures Industry Mag - 19.11.2006
[Nicholas Dazzo] - Interest in hedging energy risk is at an all-time high. Prices for most petroleum-based commodities have more than doubled since the end of 2003, and have remained at high levels for longer than many observers expected. For a wide range of businesses, the volatility of ... mehr

Mutual Funds Tap Into Commodities
Futures Industry Mag - 02.07.2006
[Neil O'Hara I May/June 2006 - PDF] - It's no secret that commodities are hot. Whether it's energy, metals or agricultural products, most prices are either near record highs or at levels not seen for a generation. Now retail investors are clamoring to get in the game. Most investors don't have a ... mehr

The Future of Futures in the 21st Century
Futures Industry Mag - 15.04.2006
[Leo Melamed I March/April 2006] - Hard to believe, but true. After 30-plus years of phenomenal success for futures exchanges, the futures industry is again poised for a quantum leap. The potential for futures exchanges is as breathtaking today as it was in 1972 when we created ... mehr

Annual Volume Survey - 9,899,780,283 Contracts Traded
Futures Industry Mag - 19.03.2006
[Galen Burghardt - PDF] - Derivatives exchanges introduced a variety of interesting new trends in the first 10 months of 2005. Total volume of futures and options traded from January to October reached 8.2 billion contracts, with explosive ... mehr

Building an Electronic Market for Treasury Options
Futures Industry Mag - 19.02.2006
[Nina Mehta] - Although most options on Treasury futures are still traded via open outcry, the Chicago Board of Trade is beginning to have some success in building an electronic market for these products during the overnight trading session, when the floor is closed. A strong market-maker ... mehr

Direct Competition and Futures Exchanges
Futures Industry Mag - 13.11.2005
[Mark D. Young I Outlook 06 Issue] - Competition anchors our national economy. Everyone favors more competition, including in the futures markets. Federal Reserve Board Chairman Alan Greenspan: "competition has long served well both our overall economy and our financial markets by fostering ... mehr

Steady Growth at Most Exchanges Outweighs Kospi Effect
Futures Industry Mag - 28.10.2005
The number of futures and options contracts traded on derivatives exchanges worldwide reached 4.7 billion in the first half of 2005, up a mere 2.7% on the first half of 2004. Futures volume rose at a healthy rate of 11%, but that was largely offset by a decline in options volume. Out of the 60 exchanges tracked by the ... mehr

Copper Futures: The New Money and the Old
Futures Industry Mag - 14.08.2005
[N. Ronalds & E. Skenderi] - It’s in the nature of market watchers to have a ready explanation for every swing, dip and jiggle in prices. In commodity markets these days, the all-purpose explanation is China—and with good reason. ... mehr

Six ways to invest in Commodities
Futures Industry Mag - 14.06.2005
[Will Acworth] - Index investing has long been popular in the securities markets. Now it is coming into fashion in the futures world, and bringing a new source of liquidity to commodity futures contracts. ... mehr

Crazy About Commodities: An Interview with Jim Rogers
Futures Industry Mag - 20.05.2005
Jim Rogers is bullish on commodities. [W.Acworth & Mary A. Burns] - He’s not only traveling all over the world to talk about the bull market, which he says began in early 1999, but he’s developed his own index—The Rogers International Commodity Index—and invested his own money in a fund designed to track that index. ... mehr

Four-Way Competition in Russell index Futures
Futures Industry Mag - 20.03.2005
[Jim Kharouf] - Welcome to the world of index proliferation. The Russell 1000 and Russell 2000 index futures are now offered on four futures exchanges in the U.S. Options on the Russell indices will be listed on four options exchanges as soon as the regulators approve, and options on Russell exchange-traded funds ... mehr

Trading Volume: New World Order - Exchange Growth in the Ame
Futures Industry Mag - 15.01.2005
[Megan DeGrandis] - In spite of stagnant volume on the world’s two largest exchanges, global exchange-traded derivatives volume grew moderately in the first 10 months of 2004 compared to the same period in 2003. Volume was fueled by massive increases in interest rate futures trading in the U.S. and rapid growth ... mehr

Delivery of Client Services: The Revolution has Just Begun
Futures Industry Mag - 15.11.2004
[Phillipe Buhannic] - Electronic access to markets has revolutionized the delivery of services to clients. Brokerage firms are being forced out of their product solos into consolidated service groups in order to respond to client demand for integrated products. As execution becomes more and more standardized, ... mehr

Product Profile: Single Stock Futures Thriving in Europe
Futures Industry Mag - 20.09.2004
[Tom Nicholls] - Single stock futures are becoming an increasingly common feature of European financial trade, with rapid growth in London and Milan and continued high volume in Madrid. Volume in Euronext.liffe’s Universal Stock Futures reached ... mehr

Excess Quoting Fees: Traffic Control in Electronic Trading
Futures Industry Mag - 11.08.2004
[Will Acworth] - When the Chicago Board of Trade switched to the Connect platform in January, the huge number of order messages generated by its traders jammed its circuits and crowded out some market users. That forced the CBOT to set some controls on message traffic, including a penalty on ... mehr

Linux Comes to the Futures Industry
Futures Industry Mag - 20.07.2004
From government agencies to trading software to FCMs, everyone is talking about Linux. And it’s more than talk. [Megan DeGrandix] - According to a survey of 250 investment banks in early 2004 by Front Capital Systems (a subsidiary of SunGard Data Systems), 16% had already employed Linux systems, ... mehr

The European Scene
Futures Industry Mag - 14.06.2004
[Will Acworth & Mary A. Bunrs] - International Derivatives Week takes place in London during the last week of June along with the International Derivatives Conference sponsored by the Futures Industry Association and the Futures and Options Association. In anticipation of these events, FI ... mehr

Plugging Into Forex Markets
Futures Industry Mag - 24.05.2004
[Keith Schap & Will Acworth] - In the last several years, forex has become one of the hottest asset classes around, and investors are clamoring for ways to access this market. This is good news for the futures industry, where the ability to trade and handle foreign currencies has been and integral part of the futures business for many years. ... mehr