 |
 |
| |
|
Exchange
Membership
Clearing
Memberships
|
|
|
|
|
|
|
|
SAFEX
The South African Futures Exchange is
one of the younger futures exchanges of the world and consists of
a financial as well as an agricultural division. A separate clearing
house provides services to the exchange.
|
MEFF
MEFF is the Spanish Official Exchange
for Financial Futures and Options. It started its activity in November
1989 and belongs to the MEFF-AIAF-SENAF Holding de Mercados Financieros.
Its main activity is the trading, clearing and settling of futures
and options contracts on Spanish 10 year Notional Bond, on equity
index IBEX 35. MEFF acts as the market and as the Clearing House.
MEFF has been recognised by Swiss and British Supervisory Authorities
as an authorised exchange for trading with entities under their
respective jurisdiction. Likewise, offering of bond and equity futures
and options contracts in the US has been authorised by the CFTC,
which has granted the "Part 30 Exemption" to all exchange
members.
MEFF is an Official exchange and therefore is fully regulated, controlled
and supervised by the Spanish authorities ("Comisión
Nacional del Mercado de Valores" y "Ministerio de Economía")
MEFF is an exchange where financial futures and options are traded.
These products are used either to cover your investments in fixed
income and equities and guarantee a satisfactory return or to make
new investments with lower costs and very attractive returns, according
with the risk you want to take. |
EDX
Created in 2003, EDX London combines
the strength and liquidity of the London Stock Exchange with the
advanced equity derivatives technology of OMX AB. The London Stock
Exchange is home to Europe's largest and the world's most international
equity markets. OMX AB is the market leader in exchange technology,
powering many of the world's derivatives exchanges.
EDX London was created to bring the cash equity and derivatives
markets closer together, broadening the scope of equity derivatives
trading while cutting down risk and cost. EDX London is built on
the firm foundations of OMX London Exchange, which has been operating
successfully since 1989. Trading volumes have grown steadily, with
an average of 382,599 contracts traded per day in the period from
January to December 2004. A variety of member firms, including the
leading European and global investment banks and derivatives firms
are members of EDX London.
Members of EDX London trade futures and options on international
exchanges through a common order book, making business easier and
more cost effective.
EDX London is a Recognised Investment Exchange, regulated by the
United Kingdom's Financial Services Authority. |
IDEM
IDEM (the Italian Derivatives Market)
is the equity derivatives
market managed by Borsa Italiana.
Products listed on the IDEM include:
• Futures, minifutures and Options
on the S&P/MIB Index
• Futures and Options on single
stocks
|
ICE Futures
Overview
Intercontinental Exchange (ICE) operates an electronic global futures
and over-the-counter (OTC) marketplace for trading an array of energy
products. Through its electronic trading platform, it brings together
buyers and sellers of derivative and physical energy commodities
contracts. The exchange conducts its OTC business directly, and
futures business through wholly owned subsidiary, ICE Futures. Intercontinental
Exchange also offers a variety of market data services for both
futures and OTC markets through ICE Data, its market data subsidiary.
Its key products include contracts based on crude or refined oil,
natural gas and power. Intercontinental Exchange operates in three
distinct markets: futures markets, OTC markets and market data markets. |
Euronext
LIFFE, Euronext Paris, Euronext Amsterdam,
Euronext Lisbon, Euronext Brussels
Overview
Euronext is the first genuinely cross-border exchange. It provides
international services for regulated Cash Markets and Derivative
Markets in Belgium, France, the UK (derivatives), the Netherlands
and Portugal. Since its creation in 2000, Euronext has been working
towards the consolidation of financial markets by integrating local
markets across Europe to provide users with a single market that
is broad, highly liquid and extremely cost-effective. After
the initial three-way merger of the local exchanges of Amsterdam,
Brussels and Paris, Euronext
acquired the London-based Derivative Market LIFFE, and merged with
the Portuguese exchange in 2002.
The implementation of Euronext's
horizontal market model, designed to generate synergies by incorporating
the individual strengths and assets of each local market,
has proved that
the most
successful way
to merge
European exchanges is
to apply global vision at a local level.
This unique business model has been
implemented on all of Euronext's markets and covers technological
integration, the reorganisation of activities into cross-border,
streamlined SBUs, and the harmonisation of market rules and the
regulatory framework. |
London Metal Exchange
LME Blurb. . . Lorem ipsum dolor
sit amet, consectetuer adipiscing elit, sed diem nonummy nibh euismod
tincidunt ut lacreet dolore magna aliguam erat volutpat. Ut wisis
enim ad minim veniam, quis nostrud exerci tution ullamcorper suscipit
lobortisnisl ut aliquip ex ea commodo consequat.
Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diem
nonummy nibh euismod tincidunt ut lacreet dolore magna aliguam erat
volutpat. Ut wisis enim ad minim veniam.
Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diem
nonummy nibh euismod tincidunt ut lacreet dolore magna aliguam erat
volutpat. Ut wisis enim ad minim veniam, quis nostrud exerci tution
ullamcorper suscipit lobortisnisl ut aliquip ex ea commodo consequat.
Lorem ipsum dolor sit amet, consectetuer adipiscing elit, sed diem
nonummy nibh euismod tincidunt ut lacreet dolore magna aliguam erat
volutpat. Ut wisis enim ad minim veniam, quis nostrud exerci tution
ullamcorper suscipit lobortisnisl ut aliquip ex ea commodo consequat.
|
Eurex
Overview
Eurex is the world's largest futures and options exchange and is
jointly operated by Deutsche Börse AG and SWX Swiss Exchange.
The Exchange is the market place of choice for trading and clearing
of derivatives. Eurex has been a pioneer in electronic trading of
derivative products for more than a decade, and it offers its customers
open, democratic, simple, and cost-effective access from any point
around the globe. The trading participants are connected to the
Eurex system via a communications network; at present, some 700
locations worldwide are connected to Eurex.
Together with international trading houses, Eurex operates the electronic
network (ECN) Eurex Bonds, an over-the-counter market for cash and
basis trading in fixed income securities and treasury discount papers.
Eurex Repo, which is a separate segment, is the electronic trading
solution for repos (sale and repurchase agreements). |
London Metal Exchange
About the Exchange
The London Metal Exchange is the world's premier non-ferrous
metals market with highly liquid contracts and a worldwide
reputation. It is innovative while maintaining its traditional strengths
and remains close to its core users by ensuring its contracts
continue to meet the high expectations of industry. As a result,
it is highly successful with a turnover in
excess of US$4,500 billion per annum. It also contributes to the
UK's invisible earnings to the sum of
more than £250 million in overseas earnings each year.
How we trade
Trading on the LME is carried out via open outcry, the inter-office
telephone market and electronically
via LME Select.
Governance
Information on the corporate structure of the LME, financial statements
and the Holdings and Limited
board members.
Our history
The origins of the London Metal Exchange can be traced as far back
as the opening of the Royal
Exchange in 1571.
Why we trade
The primary roles of the LME are Pricing, Hedging and Physical Delivery.
Committees
LME contract committees ensure that the specifications of LME contracts
continue to meet the needs
of industry. |
LCH Clearnet
The London Clearing House Limited and
Clearnet S.A. have merged to form the LCH.Clearnet Group ("LCH.Clearnet").
Both LCH.Clearnet Limited (formerly LCH), and LCH.Clearnet SA (formerly
Clearnet) are leading Central Counterparty Clearing Houses (CCPs)
in Europe.
LCH.Clearnet will help achieve a widely sought-after goal - the
consolidation of European CCP infrastructure, helping transform
the efficiency and effectiveness of the EU's capital markets.
LCH.Clearnet is the leading independent CCP group in Europe, serving
major international exchanges and platforms, equity markets, exchange-traded
derivatives markets, energy markets, the interbank interest rate
swaps market and the majority of the Euro-denominated and sterling
bond and repo markets. It aims to serve as a catalyst for further
CCP consolidation in Europe.
With a major global reach, the corporate vision for LCH.Clearnet
is to become the partner of choice for CCPs and international markets
around the world.
LCH Clearnet SA
LCH.Clearnet SA was the first clearing house in Europe to clear
repos and cash bond trades, or indeed any OTC transactions. It started
clearing French government debt in November 1998, and became the
first clearing house to clear cash trades and repos in German government
debt in April 1999. LCH.Clearnet SA is expanding its operations,
and is now forging alliances to clear both on- and off-market trades
with a variety of participants. |
London Metal Exchange
About the Exchange
The London Metal Exchange is the world's premier non-ferrous metals
market with highly liquid contracts and a worldwide reputation.
It is innovative while maintaining its traditional strengths and
remains close to its core users by ensuring its contracts continue
to meet the high expectations of industry. As a result, it is highly
successful with a turnover in excess of US$4,500 billion per annum.
It also contributes to the UK's invisible earnings to the sum of
more than £250 million in overseas earnings each year.
MAREX Financial Limited is a Category 1 Ring dealing member, the
highest category of membership.
As a category 1 ring dealing member, MAREX Financial Limited
is entitled to trade in the ring during the ring trading sessions.
We may also operate a 24 hour market by trading inter-office. All
ring dealing members, as members of the London Clearing House, are
authorised under the 2000 Financial Services and Markets Act and
are members of the FSA.
Ring Dealing Members are Clearing Members who enjoy all the privileges
of Membership including the right to issue client contracts and
the exclusive right to trade in the Ring. |
Winnipeg Commodity Exchange
The Winnipeg Commodity Exchange (WCE)
is a derivatives market based in Winnipeg, Manitoba, Canada. Futures
and options contracts are electronically traded. Contracts
traded on WCE include futures contracts for canola, flaxseed,
domestic feed wheat, and domestic feed barley. Options on canola,
flaxseed, feed wheat and feed barley are also traded.
WCE began its existence as the Winnipeg Grain & Produce Exchange
in 1887. In 1904, it introduced its first futures contracts. It
was, and remains, Canada's only commodity futures exchange.
In December 2004, WCE converted from the traditional "open
outcry" method of trading to an electronic trading format.
This made it the first commodity futures exchange in North America
to go fully electronic.
|
Chicago Board of Trade
The Chicago Board of Trade (CBOT® ), established in 1848, is a leading futures and futures-options exchange. More than 3,600 CBOT member/stockholders trade 50 different futures and options products at the CBOT by open auction and electronically. Volume at the Exchange in 2006 surpassed 805 million contracts, the highest yearly total recorded in its history. |
|