Sage Investment Club

NSE, CME Group ink pact for rupee-denominated WTI crude oil and natural gas contracts

NSE will trade derivative contracts of rupee-denominated crude oil and natural gas. The exchange said it has signed a data licensing agreement with CME Group, allowing NSE to list, trade and settle rupee-denominated NYMEX WTI Crude Oil and Natural Gas (Henry Hub) derivatives contracts for Indian market participants.In a press release, the NSE said its contracts will […]

CME Group Hits Record 7.56M Single-Day SOFR Futures and Options Contracts

The single-day volume of Secured Overnight Financing Rate (SOFR) futures and options contracts traded on the Chicago Mercantile Exchange (CME) hit a record 7.56 million contracts on January 12. This came with a record open interest rate of 35.7 million contracts on the same day, CME Group disclosed in a press statement. AloGatewayis a Global […]

Firms to Launch Benchmarks for Metaverse-Linked Tokens on Jan. 30

Derivatives marketplace operator, CME Group, and cryptocurrency benchmark indices provider, CF Benchmarks, will launch three new Metaverse reference rates and real-time indices on January 30, the firms announced on Thursday. The benchmarks, which will be calculated and published daily by CF Benchmarks, will provide “accurate and resilient pricing data” for tokens linked to the Axie […]