Swaps

To fund increased drilling in core areas of the Marcellus Shale and Piceance Basin, Antero Resources has added $126 million to its capital budget for 2011.

The Commodity Futures Trading Commission’s (CFTC) proposed rule aimed at averting disruptive practices in the swaps market is “overly vague,” the Futures Industry Association (FIA) told the agency.

The Commodity Futures Trading Commission’s (CFTC) proposed rule aimed at averting disruptive practices in the swaps market is “overly vague,” the Futures Industry Association (FIA) told the agency.

Shale plays figured prominently in the third quarter performance of Denver-based QEP Resources as the company grew production by about 20% from the year-ago period.

If Congress is determined to grant commercial end-users an exemption from mandatory clearing of over-the-counter (OTC) derivatives or swaps under financial reform legislation, end-users still should be required to report their trades, said the head of the Commodity Futures Trading Commission (CFTC) Friday.

If Congress is determined to grant commercial end-users an exemption from mandatory clearing of over-the-counter (OTC) derivatives or swaps under financial reform legislation, the end-users still should be required to report their trades, said the head of the Commodity Futures Trading Commission (CFTC) Friday.

If Congress is determined to grant commercial end-users an exemption from mandatory clearing of over-the-counter (OTC) derivatives or swaps under financial reform legislation, the end-users still should be required to report their trades, said the head of the Commodity Futures Trading Commission (CFTC) Friday.

The IntercontinentalExchange, Inc. (ICE) announced Wednesday it will introduce 23 new cleared over-the-counter (OTC) North American natural gas and power contracts. The new cleared swaps and options will be available for the trade date of Monday, Jan. 25, 2010.

IntercontinentalExchange Inc. (ICE) was expected to issue an advisory Thursday detailing plans to impose position and accountability limits on its Henry Hub over-the-counter (OTC) swaps contract to conform with directives from the Commodity Futures Exchange Commission (CFTC). The changes will take effect with the February 2010 contract.