Informative
Links
Bond Information and Resources
Bond Knowledge.com
A Web site focusing on interest rate products and their economics. Provides financial terms and concepts; FAQs and glossaries designed for beginners to the fixed-income markets; and commentaries and analyses for the more advanced. The site is continuously being updated.
Bonds Online
Collection of links to quotes, statistics and other reports for Treasuries, Corporates, Municipals, Funds; research reports.
BondTalk.com
Provides real-time, independent and actionable economic and bond market strategy research, analysis and insights from professionals active in the markets.
Fixed Income Calculator (FICALC)
Provides access to an online calculator produced by TIPS, Inc. with step-by-step instructions on pricing domestic and international fixed income securities.
Investing in Bonds
A very complete website that covers all aspects of the bond market. From Treasuries to Munis and Corporates, this site is a goldmine of information for the fixed income investor or trader.
Smart Bond Investing
NASD Investor Education provides investors with high-quality, easily accessible information and tools to better understand investing and the markets.
The Bond Market Association
The Bond Market Association is the trade association representing the largest securities markets in the world, the $17 trillion debt markets. As the industry's voice, the Association speaks for the bond industry, advocating its positions and representing its interests in New York; Washington, D.C.; London; Frankfurt; Brussels and Tokyo; and with issuer and investor groups worldwide. The Association represents a diverse mix of securities firms and banks, whether they are large, multi-product firms or companies with special market niches.
Live
Quote Services
Barchart.com
Custom Charts is an Internet based program that will allow you to customize
your own charts with a choice of 30 studies to choose from, going anywhere
from a 1 day chart to a 25 year monthly nearest futures chart, with
a quality unsurpassed anywhere else on the Internet.
Bloomberg Financial Market
As one of the leading sites for breaking financial news, investor tools
and data, Bloomberg.com is the global standard for business information.
Drawing from the extraordinary power of the Bloomberg Professional
service — the information source that the financial world depends on
— users get quick, easy access to data and analytical tools available
nowhere else. The strength and diversity of Bloomberg media products
allow Bloomberg.com to provide content in any format our users require
— from around-the-clock access to live, streaming video to archived
audio and video coverage.
CQG - Commodity Quote Graphics
CQG is an innovative real-time, graphic-enhanced quotation vendor - the
only vendor that inserts all exchange corrections in real time to provide
accurate, integrated information to traders for decision support. We
provide sophisticated software and efficient, reliable market data.
Data Broadcasting Corp/Esignal
eSignal gives you streaming, real-time data plus additional features
that were previously unavailable to individual traders and investors,
like free NASDAQ Level II data, free analytical charting, options montage
display with greeks, full-text news and more - all in one easy-to-use,
integrated platform.
DTN Financial Services
DTN Market Access delivers a wide selection of streaming data services
to accurately cover the markets -- time sensitive quotes on equities,
options, futures, commodities and fixed income securities, real-time
news wires, historical data, and more. Our content services provide
instant access to the market forces that drive our world -- conveniently
and economically scaled to fit your specific goals.
Futuresource
FutureSource offers a number of products, from real-time quotes to news,
option analysis to time and sales. Products are either desktop or browser
based.
Omega Research-Tradestation
Omega’s
provides
a fully
programmable
platform
for trading
equities,
options,
futures
and Forex.
TradeStation
gives you
real-time
streaming
data for
all markets.
Reuters
Providers of vital market data, in-depth news, quotes, statistics and
analytics on financial and commodity markets around the world. Best
known for our expertise in journalism, one of the largest information
providers in the world.
Telerate
Moneyline Telerate is a leading global provider of real-time information
and transaction services. Moneyline Telerate brings together decades
of expertise in market data with a strong track record in transaction
enablement.
Exchanges
Athens
Derivative
Exchange
(ADEX)-Greece
Greek Futures and Options Exchange. Clears Stock, Bond and FX contracts
The
derivative
products
which are
being gradually
introduced,
are contracts
based on
various
financial
assets
such as
stocks,
stock indices,
interest
rates and
bonds.
Their value,
performance
and return
depend
upon the
underlying
asset on
which they
are based.
In Derivatives
Market,
three types
of contracts
are traded:
Futures
and Options
on the
FTSE/ASE-20
and FTSE/ASE
Mid 40
indices,
Futures
on the
10-year
Hellenic
Republic
Bond, Stock
Futures
and Stock
Lending
contracts.
Amsterdam
Exchanges
(AEX)-The
Netherlands
The Netherlands arm of EURONEXT formally the AEX. Euronext N.V. is the
world's first cross border exchange business. It provides services for
cash markets in Belgium, France, the Netherlands, and Portugal, and for
derivatives in the UK. Euronext's services range from public offerings
to trading facilities for cash instruments and derivatives. They also
include clearing and netting, settlement through its partnership with
Euroclear, IT solutions, and market data.
American
Stock
Exchange
(AMEX)-United
States
The American Stock Exchange has been a pioneer in market innovation for
more than a century and remains committed to developing successful new
investment products and innovative services for companies and investors.
As the nation's most diversified financial marketplace, the American
Stock Exchange conducts trading through an advanced centralized specialist
system and is committed to providing a superior marketplace for the investing
public and its members.
Alberta
Stock
Exchange
(ASE)-Canada
Alberta Stock Exchange and Vancouver Stock Exchange have merged to form
Canadian Venture Exchange. TSX Venture Exchange, Canada's venture capital
marketplace, provides emerging companies with access to capital, while
offering investors a well-regulated market for making venture investments.
TSX Venture listed companies are active in mining, oil and gas, manufacturing,
technology, financial services and other sectors.
Athens
Stock
Exchange
(ATH)-Greece
The Athens Stock Exchange (ASE), is the sole official market of shares
trading in the Greek capital market. The site can inform you about the
way trading is conducted in ASE, the brokerage members - companies of
the ASE, the IPO and rights issues requirements, the obligations of listed
companies and other issues concerning the products and the ASE market.
Australian
Stock
Exchange
(ASX)-Australia
The Australian Stock Exchange Limited (ASX) was formed in 1987 through
the amalgamation of six independent stock exchanges that formerly operated
in the state capital cities. ASX operates Australia’s primary national
stock exchange for equities, derivatives and fixed interest securities.
It also provides comprehensive market data and information to a range
of users. All these operations are underpinned by comprehensive high-quality
information technology systems.
Bolsa
de Derivados
do Portugal
(BDP)-Portugal
The Portuguese arm of the EURONEXT, formally the BDP. Euronext Lisbon
is committed to providing the tools and the environment for access to
capital and investment opportunities. Euronext Lisbon provides the leadership
that is bringing the Portuguese financial market into into the 21st century,
building the foundations of a future with locally provided services for
Portuguese, European and world-wide financial investors. Euronext Lisbon
has an eye on the world market, a hand on Portugal's pulse and a team
with its feet on the ground. By actively processing information on market
trends, Euronext Lisbon constantly innovates to offer financial products
that provide timely strategic answers to pressing market requirements.
Euronext Lisbon is now the managing body for both the spot market and
the derivatives market as well as renders services to the repo and securities
lending market.
Belgian
Futures & Options
Exchange
(BELFOX)-Belgium
The Belgium Derivatives arm of the EURONEXT, formally the BELFOX. Euronext
N.V. is the world's first cross border exchange business. It provides
services for cash markets in Belgium, France, the Netherlands, and Portugal,
and for derivatives in the UK. Euronext's services range from public
offerings to trading facilities for cash instruments and derivatives.
They also include clearing and netting, settlement through its partnership
with Euroclear, IT solutions, and market data.
Brussels
Exchange
(BXS)
The
Belgium
arm of
the EURONEXT,
formally
the BXS.
Euronext
N.V. is
the world's
first cross
border
exchange
business.
It provides
services
for cash
markets
in Belgium,
France,
the Netherlands,
and Portugal,
and for
derivatives
in the
UK. Euronext's
services
range from
public
offerings
to trading
facilities
for cash
instruments
and derivatives.
They also
include
clearing
and netting,
settlement
through
its partnership
with Euroclear,
IT solutions,
and market
data.
Bolsa
de Mercadorias & Futuros
(Sao
Paulo)
(BMF)-Brazil
On August
29, 2002,
BM&F launched the Brazilian Commodities Exchange,
which unites the commodity exchanges of Goiás, Mato Grosso do Sul, Minas
Gerais, Rio Grande do Sul and Uberlândia. BM&F renders clearing and
settlement services to the new exchange. The aim is to create an integrated
domestic market for agricultural commodities with modern price discovery
mechanisms and an organized marketing structure. The Brazilian Commodities
Exchange started trading on October 22, 2002.
Chicago
Board
Options
Exchange
(CBOE)-United
States
The CBOE is the premier option exchange and provides a global marketplace
for financial and index products including futures and/or options for
its Volatility Index, equity options, index options, exchange traded
funds, HOLDRS and LEAPS, interest rate options, FLEX and structured products.
Chicago
Board
of Trade
(CBT)
)-United
States
The Chicago Board of Trade (CBOT®), established in 1848, is
a leading futures and options on futures exchange. More than 3,600 CBOT
members trade 50 different futures and options products at the exchange
through open auction and/or electronically. Volume at the exchange in
2003 was a record breaking 454 million contracts.
Chubu
Commodity
Exchange
(CCX)-Japan
At the time of the merger on October 1,1996, commodities
listed and traded on Central Japan Commodity Exchange
included agricultural products (imported soybeans and
red beans) etc. on a physical delivery future basis.
Added subsequently as new commodities were, from November
1,1999, Japan's first cash settlement of livestock product
(shell eggs) futures, from January 12, 2000, physical
delivery futures transactions of oil products (gasoline
and kerosene), and then from May 23, 2000, physical delivery
futures transactions of NON-GMO (non genetically modified
organisms) Soybeans. And on January 9, 2004, Gasoil was
launched. Tradings of all commodities on the Exchange
is brisk.
Chicago
Mercantile
Exchange
(CME)
)-United
States
Chicago
Mercantile
Exchange
Inc.
is the
largest
futures
exchange
in the
United States and the second largest exchange in the world for the trading
of futures and options on futures. As a marketplace for global risk management,
our exchange brings together buyers and sellers of derivatives products,
which trade on our trading floors, on our GLOBEX® electronic trading
platform and through privately negotiated transactions. Futures and options
provide a way to protect against — and profit from — price changes in
financial instruments and physical commodities. In addition, we own our
own clearing house and are able to guarantee, clear and settle every
contract traded through our exchange.
Coffee,
Sugar
and Cocoa
Exchange
(New
York)
(CSCE)
)-United
States
The NYBOT provides a global marketplace for agricultural, financial and
index products including futures and options for Cocoa, Coffee, Cotton,
Frozen Concentrated Orange Juice (FCOJ), Sugar, NYSE Composite Index®,
Russell 1000 Index®, Russell 2000®,Russell 3000®,
Reuters CRB Index®, US Dollar Index® (USDX) and
29 currency pairs.
Commodity
Exchange
Inc.
(New
York)
(COMEX)
)-United
States
The New York Mercantile Exchange, Inc., is the world's largest physical
commodity futures exchange and the preeminent trading forum for energy
and precious metals. The Exchange has stood for market integrity and
price transparency throughout its 132-year history. Transactions executed
on the Exchange avoid the risk of counterparty default because the Exchange
clearinghouse acts as the counterparty to every trade. Trading is conducted
through two divisions, the NYMEX Division, home to the energy, platinum,
and palladium markets; and the COMEX Division, on which all other metals
trade. The wide array of trading markets provided by the Exchange include
futures and options contracts for crude oil, gasoline, heating oil, natural
gas, electricity, gold, silver, copper, aluminum, and platinum; futures
contracts for coal, propane, and palladium; and options contracts on
the price differentials between crude oil and gasoline, crude oil and
heating oil, Brent and West Texas Intermediate crude oil, and various
futures contract months (calendar spreads) for light, sweet crude; Brent
crude; gasoline; heating oil; and natural gas.
Dalian
Commodity
Exchange
(DCE)-China
The DCE provides a marketplace for Chinese agricultural products including
futures for soybeans and soybean meal.
Deutsche
Terminbourse
(DTB)-Germany
Formerly
the DTB,
now known
as the
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.
European
Electricity
Exchange
(EEX)
European Energy Exchange Germany's energy exchange and is located in
Leipzig. Preceding companies were LPX Leipzig Power Exchange, located
in Leipzig and European Energy Exchange, located in Frankfurt. Both exchanges
and their supporting associations merged within the year 2002. The objective
of European Energy Exchange is to become the leading energy exchange
in Central Europe. In future power, gas and other energy sources are
to be tradable at EEX. This range is to be completed by services related
to the exchange, such as Clearing of transactions outside the exchange
(OTC Clearing).
European
Options
Exchange
(Amsterdam)
(EOE)-The
Netherlands
The Netherlands arm of EURONEXT formally the AEX. Euronext N.V. is the
world's first cross border exchange business. It provides services for
cash markets in Belgium, France, the Netherlands, and Portugal, and for
derivatives in the UK. Euronext's services range from public offerings
to trading facilities for cash instruments and derivatives. They also
include clearing and netting, settlement through its partnership with
Euroclear, IT solutions, and market data.
Germany's
Option's
and Futures
Exchange
(EUREX)-Germany
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.
Financial
Instrument
Exchange
(at NYCE)
(FINEX)
)-United
States
The NYBOT provides a global marketplace for agricultural, financial and
index products including futures and options for Cocoa, Coffee, Cotton,
Frozen Concentrated Orange Juice (FCOJ), Sugar, NYSE Composite Index®,
Russell 1000 Index®, Russell 2000®,Russell 3000®,
Reuters CRB Index®, US Dollar Index® (USDX) and
29 currency pairs.
Fukuoka
Futures
Exchange
(FFE)-Japan
The FFE provides a global marketplace for agricultural including futures
and options for corn, broilers, imported soybeans, soybean meal, red
beans and refined sugar.
Helsinki
Exchanges
(HEX)-Finland
HEX Integrated
Markets,
division
of OMHEX,
is the
largest
securities
market in northern Europe. Through its exchange operations within Stockholmsbörsen,
HEX Helsinki, HEX Tallinn and HEX Riga it offers investors access to
80 per cent of the Nordic and Baltic equity market and operates the central
securities depositories in Finland, Estonia and Latvia.
Amsterdam
Financial
Futures
Market
(FTA)-The
Netherlands
The Netherlands arm of EURONEXT formally the FTA. Euronext N.V. is the
world's first cross border exchange business. It provides services for
cash markets in Belgium, France, the Netherlands, and Portugal, and for
derivatives in the UK. Euronext's services range from public offerings
to trading facilities for cash instruments and derivatives. They also
include clearing and netting, settlement through its partnership with
Euroclear, IT solutions, and market data.
Copenhagen
Stock
Exchange
(FUTOP)-Denmark
The FUTOP provides a global marketplace for financial and stock products
including equity securities, derivatives, investment funds, bonds and
currency trading.
Hong
Kong
Exchanges
and
Clearing
Ltd.
(HKE)-Hong
Kong
The
HKE and
the HKFE
have been
merged
into one
unit. The
HKE provides
a global
marketplace
for financial
and stock
products
including
equity
securities,
derivative
warrants,
Exchange
traded
funds,
Unit trusts,
mutual
funds,
bonds and
a new pilot
program
to trade
U.S. securities.
The
Hong
Kong
Futures
Exchange
Ltd.
(HKFE)-Hong
Kong
The HKE and the HKFE have been merged into one unit. The HKFE provides
a global marketplace for financial and index products including futures
and options for Dow Jones, Hang Seng Index, H-shares Index, Single Stock
futures, HIBOR interest rate futures and 3 year exchange fund notes.
International
Monetary
Market
(Division
of CME)
(IMM)-United
States
The Financial
Futures
Market
that
is part
of the
Chicago
Mercantile
Exchange.
The IMM provides a global marketplace for financial and index products
of the CME including futures and options for the S&P 500, currency
contracts and interest contracts.
International
Petroleum
Exchange
of London
Ltd.
(IPE)-United
Kingdom
The International Petroleum Exchange of London Limited is a recognized
Investment Exchange. It is Europe's leading energy futures and options
exchange. The IPE provides a highly regulated marketplace where industry
participants use futures and options to minimise their price exposure
in the physical energy market. Over $2 billion daily in underlying value
is traded on the IPE. The IPE provides a global marketplace for energy
products including futures and options for Brent crude oil, gas oil and
natural gas.
Italian
Derivatives
Market
(IDEM)-Italy
Part
of the
Italian
Stock Exchange,
the IDEM
provides
a global
marketplace
for financial
and stock
derivatives
including
futures
on indexes
as well
as futures
on stocks.
warrants,
Exchange
traded
funds,
Unit trusts,
mutual
funds,
bonds and
a new pilot
program
to trade
U.S. securities.
Italian
Exchange
(MOT)
Part
of the
Italian
Stock Exchange,
the MOT
provides
a global
marketplace
for Italian
and European
financial
and stock
products
including
stocks,
warrants,
certificates,
exchange
traded
funds,
Unit trusts,
mutual
funds and
bonds.
Italian
Stock
Exchange/Milan
Domestic
Futures
Exchange
(SIA)-Italy
The SIA provides a global marketplace for financial and stock derivatives
including futures on indexes as well as futures on stocks. warrants,
Exchange traded funds, Unit trusts, mutual funds, bonds and a new pilot
program to trade U.S. securities.
Kansas
City
Board
of Trade
(KCBT)
)-United
States
The KCBOT provides a global marketplace for agricultural and index products
that include futures and options for red winter wheat and the Value Line
Index.
Kansai
Commodity
Exchange
(KEX)
The KEX provides a global marketplace for agricultural products including
futures and/or options for frozen shrimp, coffee index, corn index, imported
soybeans, Azuki beans, raw sugar and raw silk.
Kuala
Lumpur
Commodity
Exchange
(KLCE)-Malaysia
The futures industry commenced with the establishment of the Kuala Lumpur
Commodity Exchange (KLCE), the first futures exchange in Southeast Asia
in July 1980. In December 15, 1995, the birth of KLOFFE heralded a significant
event in the development of the nation's capital market with the launch
of KLOFFE's stock index futures contract. With its introduction, Malaysia
became the third Asian economy after Hong Kong and Japan to offer domestic
equity derivatives products. The following 8 products are traded on the
exchange: Crude Palm Oil Futures, Kuala Lumpur Stock Exchange Composite
Index Futures Kuala Lumpur Stock Exchange Composite Index Options, 3-Month
Kuala Lumpur Interbank Offered Rate interest rate Futures, Three-Year
Malaysian Government Securities Futures, Five-Year Malaysian Government
Securities Futures, Ten-Year Malaysian Government Securities Futures,
Crude Palm Kernel Oil Futures.
Kuala
Lumpur
Options
and Futures
Exchange
(KLOFFE)-Malaysia
The futures industry commenced with the establishment of the Kuala Lumpur
Commodity Exchange (KLCE), the first futures exchange in Southeast Asia
in July 1980. In December 15, 1995, the birth of KLOFFE heralded a significant
event in the development of the nation's capital market with the launch
of KLOFFE's stock index futures contract. With its introduction, Malaysia
became the third Asian economy after Hong Kong and Japan to offer domestic
equity derivatives products. The following 8 products are traded on the
exchange: Crude Palm Oil Futures, Kuala Lumpur Stock Exchange Composite
Index Futures Kuala Lumpur Stock Exchange Composite Index Options, 3-Month
Kuala Lumpur Interbank Offered Rate interest rate Futures, Three-Year
Malaysian Government Securities Futures, Five-Year Malaysian Government
Securities Futures, Ten-Year Malaysian Government Securities Futures,
Crude Palm Kernel Oil Futures.
Korean
Stock
Exchange
(KSE)-Korea
The KSE is a dynamic and reliable securities exchange, where the cash
and derivative products, including stocks, bonds, stock index futures,
stock index options and equity options are traded. In terms of market
capitalization and trading volume the KSE ranks 10th in the
world.
Korean
Options
and Futures
Exchange
(KOFEX)-Korea
Korea Futures Exchange is the Nation’s only total derivative product
exchange that trades general product futures and diverse option products
such as Interest futures, currency futures, and stock-related futures.
Futures Exchange opened with four products, American Dollar futures,
CD Interest futures, gold futures, and American dollar option in Busan,
April 1999 to began a new era of Korea's futures market. In September,
1999, national debt futures was listed and in January and December of
2001, KOSDAQ 50 futures and KOSDAQ 50 options were each listed, and in
May of 2002, National debt option was listed, which was Korea's first
American style future option.
Long
Bulk
Metals
Market
(now
LME)
(LBM)-United
Kingdom
See London Metals Exchange
London
Commodity
Exchange
(was
FOX)
(LCE)-
United
Kingdom
Now part of the Euronext. The LCE arm of EURONEXT formally the FOX. Euronext
N.V. is the world's first cross border exchange business. It provides
services for cash markets in Belgium, France, the Netherlands, and Portugal,
and for derivatives in the UK. Euronext's services range from public
offerings to trading facilities for cash instruments and derivatives.
They also include clearing and netting, settlement through its partnership
with Euroclear, IT solutions, and market data.
London
International
Financial
Futures
Exchange
Ltd (LIFFE)-
United
Kingdom
Now part of the Euronext. The London derivatives arm of EURONEXT formally
the LIFFE. The LIFFE market offers the most extensive range of derivative
products of any exchange in the world. The LIFFE market provides futures
and options contracts across five different currencies and product lines:
bonds, short term interest rates, swaps, equities and equity indices,
and commodities.
London
Metals
Exchange
(LME)-
United
Kingdom
The London
Metal
Exchange
(LME)
is the
world’s
premier
non-ferrous
metals
market, with highly liquid contracts. Today the Exchange trades in eight
metals and one index comprising the six primary base metals. The
LME's eight contracts are: copper grade A, primary aluminum, standard
lead, primary nickel, tin, special high grade zinc, aluminum alloy and
North American Special Aluminum Alloy (NASAAC).
London
Securities
and
Derivatives
Exchange
(OMLX)-United
Kingdom
EDX
London
formerly
the OMLX
currently
offers
our customers
trading
services
in derivatives
products
from three
Scandinavian
countries
and access
to efficient
trading
and clearing
services.
London
Stock
Exchange
(LSE)-
United
Kingdom
The London Stock Exchange is at the heart of global financial markets
and is home to some of the best companies in the world. At the apex of
the three great financial centers of London, New York and Tokyo, the
London Stock Exchange has built on more than 200 years of integrity,
expertise and market knowledge to become the world's most global exchange
business. The LSE provides a global marketplace for financial and stock
products including stocks, warrants, certificates, exchange traded funds,
Unit trusts, mutual funds and bonds.
Mid-America
Commodity
Exchange
(MACE)
)-United
States
Chicago's 'third' commodity exchange
and part of the CBOT. Now strictly an electronic exchange.Founded in
1868, it is the fourth-largest in the US, providing futures
contracts, mostly in agricultural products such
as pigs, oats and
soybeans, and also in precious metals and some financial products.
Marche
a Terme
International
de France
(MATIF)-France
Marche a Terme International de France, the Paris futures exchange trading
futures and options contracts over
commodities and financial
instruments. Now part of the Euronext system.
Montreal
Exchange
(MX/MSX)
–Canada
The MX is Canada’s premier derivatives exchange providing a global marketplace
for Canadian financial and stock products including equity derivatives,
interest rate derivatives, index derivatives and sponsored options.
Mercado
Espanol
de Futuros
Financieros
(MEFF)-Spain
MEFF is the futures and options Spanish official market. MEFF clears
and trades Options and Futures on Bonds, Interest rates, and the IBEX-35
index and Futures and Options on the leading Spanish Stocks.
Minneapolis Grain Exchange (MGE) )-United
States
Since
1881
the Minneapolis
Grain
Exchange
has facilitated
price
discovery
in the volatile commodities markets, providing a valuable risk management
service to producers and consumers around the world. Futures and
options contracts in hard red spring wheat, Hard
Winter Wheat Index (HWI), National Corn Index (NCI) and National Soybean Index
(NSI) comprise the Exchange.
The hard winter wheat, corn and soybean futures and options are financially
settled against the spot Hard Winter Wheat Index, the National Corn Index
and National Soybean Index, calculated by DTN.
Milan
Domestic
Futures
Exchange
(MIF)-Italy
No longer active-see Italian Derivatives Market
Malaysian
Monetary
Market
(MME)-Malaysia
See Malaysian Derivatives Exchange (MDEX)
Malaysia
Derivatives
Exchange
(MDEX)-Malaysia
The futures industry commenced with the establishment of the Kuala Lumpur
Commodity Exchange (KLCE), the first futures exchange in Southeast Asia
in July 1980. In December 15, 1995, the birth of KLOFFE heralded a significant
event in the development of the nation's capital market with the launch
of KLOFFE's stock index futures contract. With its introduction, Malaysia
became the third Asian economy after Hong Kong and Japan to offer domestic
equity derivatives products. The following 8 products are traded on the
exchange: Crude Palm Oil Futures, Kuala Lumpur Stock Exchange Composite
Index Futures Kuala Lumpur Stock Exchange Composite Index Options, 3-Month
Kuala Lumpur Interbank Offered Rate interest rate Futures, Three-Year
Malaysian Government Securities Futures, Five-Year Malaysian Government
Securities Futures, Ten-Year Malaysian Government Securities Futures,
Crude Palm Kernel Oil Futures.
Montreal
Stock
Exchange
(MSE/MX)
–Canada
The MX is Canada’s premier derivatives exchange providing a global marketplace
for Canadian financial and stock products including equity derivatives,
interest rate derivatives, index derivatives and sponsored options.
National
Association
of Securities
Dealers
Automated
Quotations(NASDAQ)
)-United
States
Created in 1971, the Nasdaq was the world's first electronic stock market.
The Nasdaq is a computerized system that facilitates trading and provides
price quotations on some 5,000 of the more actively traded over-the-counter
stocks. The Nasdaq is traditionally home to many high-tech stocks. The
big ones include Microsoft, Intel, Dell, and Cisco.
NASDAQ
National
Market
(Large
Cap)
(NASNM)
)-United
States
The Nasdaq National Market consists of over 3000 companies that have
a national or international shareholder base, meet stringent financial
requirements, and agree to specific corporate governance standards. This
is what most people are referring to when they talk about the Nasdaq.
The larger companies trade on the Nasdaq. National Market, while the
smaller companies trade on the Nasdaq SmallCap Market. To list initially,
companies are required to have significant net tangible assets or operating
income, a minimum public float of 500,000 shares, at least 400 shareholders,
and a bid price of at least $5.
NASDAQ
Small
Cap Market
(NASSC)
)-United
States
The Nasdaq National Market consists of over 3000 companies that have
a national or international shareholder base, meet stringent financial
requirements, and agree to specific corporate governance standards. This
is what most people are referring to when they talk about the Nasdaq.
The larger companies trade on the Nasdaq. National Market, while the
smaller companies trade on the Nasdaq SmallCap Market. To list initially,
companies are required to have significant net tangible assets or operating
income, a minimum public float of 500,000 shares, at least 400 shareholders,
and a bid price of at least $5.
National
Stock
Exchange
of
India
(NSE)-India
The
NSE is
India’s
premier
exchange
providing
a global
marketplace
for financial
and stock
products
including
eguities,
futures
and options,
retail
debt market,
wholesale
debt market,
IPO’s,
indices,
exchange
traded
funds and
derivatives.
New
York
Board
of
Trade
(NYBOT)-United
States
The
NYBOT provides
a global
marketplace
for agricultural,
financial
and index
products
including
futures
and options
for Cocoa,
Coffee,
Cotton,
Frozen
Concentrated
Orange
Juice (FCOJ),
Sugar,
NYSE Composite
Index®,
Russell
1000 Index®,
Russell
2000®,Russell
3000®,
Reuters
CRB Index®,
US Dollar
Index® (USDX)
and 29
currency
pairs.
New
York
Cotton
Exchange
(NYCE)
)-United
States
The NYBOT provides a global marketplace for agricultural, financial and
index products including futures and options for Cocoa, Coffee, Cotton,
Frozen Concentrated Orange Juice (FCOJ), Sugar, NYSE Composite Index®,
Russell 1000 Index®, Russell 2000®,Russell 3000®,
Reuters CRB Index®, US Dollar Index® (USDX) and
29 currency pairs.
New
York
Futures
Exchange
(NYFE)
)-United
States
A division of the NYBOT. The NYBOT provides a global marketplace for
agricultural, financial and index products including futures and options
for Cocoa, Coffee, Cotton, Frozen Concentrated Orange Juice (FCOJ), Sugar,
NYSE Composite Index®, Russell 1000 Index®, Russell
2000®,Russell 3000®, Reuters CRB Index®,
US Dollar Index® (USDX) and 29 currency pairs.
New
York
Mercantile
Exchange
(NYMEX)
)-United
States
The New York Mercantile Exchange, Inc., is the world's largest physical
commodity futures exchange and the preeminent trading forum for energy
and precious metals. The Exchange has stood for market integrity and
price transparency throughout its 132-year history. Transactions executed
on the Exchange avoid the risk of counterparty default because the Exchange
clearinghouse acts as the counterparty to every trade. Trading is conducted
through two divisions, the NYMEX Division, home to the energy, platinum,
and palladium markets; and the COMEX Division, on which all other metals
trade. The wide array of trading markets provided by the Exchange include
futures and options contracts for crude oil, gasoline, heating oil, natural
gas, electricity, gold, silver, copper, aluminum, and platinum; futures
contracts for coal, propane, and palladium; and options contracts on
the price differentials between crude oil and gasoline, crude oil and
heating oil, Brent and West Texas Intermediate crude oil, and various
futures.
New
York
Stock
Exchange
(NYSE)
)-United
States
The world’s leading securities market. More than 2800 companies are listed
on the NYSE, with their combined shares worth more than $10 trillion.
These companies span the global economy.
On
an average
day, more
than 1.2
billion
shares,
valued
at more
than $43
billion,
change
hands at
the NYSE.
New
Zealand
Futures
Exchange
(NZFE)-New
Zealand
NZFOX products are New Zealand futures and options contracts which will
be listed and traded on the Sydney Futures Exchange. The NZFOX products
will be based on securities listed on NZX's markets. New Zealand investors
will be able to purchase them through authorized NZX Firms and accredited
NZX Futures Advisors or NZX Futures Traders.
Osaka
Securities
Exchange
(OSE)-Japan
The Osaka
Securities
Exchange
("OSE")
provides
a marketplace
for transactions of securities, securities related futures and options
with the aim of maintaining fair and smooth transactions so as to serve
the public interest and protect investors. The primary markets are futures
and options on equity indexes.
Osaka
Mercantile
Exchange
(OME)-Japan
The OME provides a global marketplace for agricultural products including
futures and/or options for textiles, aluminum, nickel, rubber and cotton.
Oslo
Stock
Exchange
(OSLO)-Norway
Oslo
Børs ASA operates a regulated market for trading in various types
of securities. The market is known as Oslo Børs both domestically and
internationally, although it is sometimes still referred to as the Oslo
stock exchange. Buyers and sellers of securities meet and trade through
the market on the simple principles of matching supply and demand. The
product areas offered by Oslo Børs are: Shares and primary capital certificates, Bonds and other fixed income instruments, Derivatives and Warrants
NASDAQ
Over
The Counter
(OTC)
)-United
States
A security which is not traded on an exchange, usually due to an inability
to meet listing requirements trades OTC. For such securities, brokers/dealers
negotiate directly with one another over computer networks and by phone.
The NASD carefully monitors their activities. The Nasdaq is considered
to be an OTC market, with the tier 1 being represented by companies such
as Microsoft, Dell, and Intel. Be very wary of some OTC stocks, the OTC:BB
(Bulletin Board) stocks are either penny stocks or hold bad credit records.
NASDAQ
Bulletin
Board
(OTCBB)
)-United
States
The OTC Bulletin Board® (OTCBB) is a regulated quotation service
that displays real-time quotes, last-sale prices, and volume information
in over-the-counter (OTC) equity securities. An OTC equity security generally
is any equity that is not listed or traded on Nasdaq® or a
national securities exchange. OTCBB securities include national,
regional, and foreign equity issues, warrants, units, American Depositary
Receipts (ADRs), and Direct Participation Programs (DPPs).
Austrian
Futures & Options
Exchange
(OTOB)-Austria
A division the WB, futures and options are traded on the derivatives
market. Market participants may buy and sell contracts on Austrian
stocks, on the ATX (Austrian Traded Index) and on the CECE indices.
Pacific
Exchange
(PCX)-United
States
The
Pacific
Exchange
(PCX) is
a marketplace
where individual
and institutional
investors,
professional
broker-dealers,
and registered
member
firms meet
to buy
and sell
options
on more
than 1,200
stocks.
It is one
of the
world's
leading
derivatives
markets.
The PCX
is also
the regulator
of the
Archipelago
Exchange
(ArcaEx),
a fully
electronic
market
for securities
listed
on the
New York,
American
stock exchanges,
the Pacific
Exchange,
and the
Nasdaq
Stock Market.
Philadelphia
Stock
Exchange
(PHLX)-United
States
The
Philadelphia
Stock Exchange
(PHLX)
trades
approximately
2,000 stocks,
1,200 equity
options,
16 index
options
and 8 currency
options
and 6 currency
futures.
Founded
in 1790,
the PHLX
was the
first stock
exchange
to be established
in the
United
States
and continues
in that
tradition
of innovation
through
the products
and services
it offers
today.
Philadelphia
Board
of Trade
(PBOT)
)-United
States
The Philadelphia Board of Trade (PBOT), PHLX's futures exchange subsidiary,
has begun trading enhanced foreign exchange (FX) futures, with new rules
and a low-cost fee structure. The PBOT will trade FX futures, initially
focusing on G-7 currencies. With the addition of futures trading, the
PHLX now provides a single venue to trade a full spectrum of products
including equities, equity options, index options, currency options and
futures. All options and futures traded at the PHLX and at the PBOT will
clear at the Options Clearing Corporation.
South
African
Futures
Exchange
(SAFEX)-South
Africa
An informal futures market was started in South Africa by local merchant
bank Rand Merchant Bank (RMB) in April 1987. It was the exchange, the
clearing house and the |
