CME Group said it will postpone until July 6 the scheduled closing of most of its futures trading pits in Chicago and New York — including natural gas — due to a technical revision to its filing with the Commodity Futures Trading Commission (CFTC).
Tag / Mercantile
SubscribeMercantile
Articles from Mercantile
CME Group Delays Shuttering of Futures Floor Trading
CME Group said it will postpone until July 6 the scheduled closing of most of its futures trading pits in Chicago and New York — including natural gas — due to a technical revision to its filing with the Commodity Futures Trading Commission.
Nymex, Ex-Employees Leaked Trade Info, CFTC Charges
The U.S. Commodity Futures Trading Commission (CFTC) last Thursday filed an enforcement action charging New York Mercantile Exchange Inc. (Nymex), a unit of CME Group, and two former CME Nymex employees, William Byrnes and Christopher Curtin, with violating the Commodity Exchange Act (CEA) and CFTC regulations through the repeated disclosures of nonpublic material customer information over a two-and-a-half-year period to an outside commodity broker. CME Group fired back that not only did it address and handle the issue appropriately, the complaint against Nymex is “neither justified as a matter of law nor consistent with the regulatory structure” established by the CEA.
Nymex, Former Employees Leaked Trade Information, CFTC Charges
The U.S. Commodity Futures Trading Commission (CFTC) on Thursday filed an enforcement action charging New York Mercantile Exchange Inc. (Nymex), a unit of CME Group, and two former CME Nymex employees, William Byrnes and Christopher Curtin, with violating the Commodity Exchange Act (CEA) and CFTC regulations through the repeated disclosures of nonpublic material customer information over a period of two and a half years to an outside commodity broker. CME Group fired back that not only did it address and handle the issue appropriately, the complaint against Nymex is “neither justified as a matter of law nor consistent with the regulatory structure” established by the CEA.
CME Challenging CFTC Enforcement of Dodd-Frank
The Chicago Mercantile Exchange (CME) has filed a lawsuit in federal court in Washington, DC, against the Commodity Futures Trading Commission, challenging the agency’s enforcement of its swap data record-keeping and reporting requirements under the Dodd-Frank Wall Street Reform Act.
CME Asks Court to Enjoin CFTC from Enforcing Dodd-Frank Rules
The Chicago Mercantile Exchange (CME) has filed a lawsuit in federal court in Washington, DC, against the Commodity Futures Trading Commission, challenging the agency’s enforcement of its swap data record-keeping and reporting requirements under the Dodd-Frank Wall Street Reform Act.
Encana ‘Cautiously Optimistic’ on Natural Gas, But Liquids Still Focus
Encana Corp. CEO Randy Eresman, whose company is one of the largest onshore producers in North America, said Wednesday the company remains “cautiously optimistic about our natural gas price recovery this year. We continue to see evidence on both the demand and supply front that supports this assertion.”
Last-Minute Action by CFTC Delays New Energy Swaps Rules
At the 11th hour Friday, the Commodity Futures Trading Commission granted CME Group, owner of the New York Mercantile Exchange (Nymex), and IntercontinentalExchange (ICE) limited relief until Dec. 31 from the Oct. 12 deadline to register as swap dealers.
Last-Minute Action by CFTC Delays New Rules for Energy Swaps
At the 11th hour Friday, the Commodity Futures Trading Commission granted CME Group, owner of the New York Mercantile Exchange (Nymex), and IntercontinentalExchange (ICE) limited relief until Dec. 31 from the Oct. 12 deadline to register as swap dealers.
CME Group Fines Whiteside Energy, Trader for Disrupting Trading
CME Group Inc., which owns the New York Mercantile Exchange (Nymex), has fined Houston-based Whiteside Energy LP $225,000 after one of its traders left an automatic trade execution system (ATES) operating unattended, causing disruption in the natural gas futures market.