March

India to liberalise some aspects of equity derivatives 09 March 2010

The Securities and Exchange Board of India has approved in principle the introduction of physically delivered equity derivatives.

February

CBOE aims for IPO before the summer 23 February 2010

The board of the Chicago Board Options Exchange approved in mid-December a proposal to pursue demutualisation followed by an immediate initial public offering. The US equity options exchange hopes to complete the process by the end of the second quarter 2010.

Energy market shrugs off ‘toothless’ caps 23 February 2010

The Commodity Futures Trading Commission’s long-awaited announcement on January 14 of a new policy on controlling energy speculation was greeted in the market with quiet relief and satisfaction.

FOA creates new lobbying council 23 February 2010

The Futures and Options Association formed a new advocacy body in January, the FOA European Industry Council, to lobby regulators and politicians.

Resilient derivatives job market gets ready to surge again 23 February 2010

Gauging how many derivatives staff lost their jobs in the financial crisis and what effect that had on pay is not easy. Some segments of the market have remained bullish, however, as Hugo Cox discovers.

Singapore Exchange hopes third time will be lucky for fuel oil 12 February 2010

With the launch of Singapore Exchange’s Fuel Oil Futures just days away, market participants have told Futures and Options Intelligence that the Asian bourse could succeed where two others have tried and failed.

Longevity derivatives: an idea whose time has come? 05 February 2010

Every year, people live longer. That may sound nice, but it’s a big problem for the financial industry, especially pensions providers. Firms would love to be able to trade and hedge longevity risk, but there have been few practical solutions – until now.