International Business News - NMX http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Shares of stock-exchange operators declined even more than the struggling broader market Thursday, despite recent deals by companies allowing them to expand operations. http://www.ibtimes.com/articles/20080626/sector-snap-stock-exchange-operators.htm Thu, 26 Jun 2008 13:42:37 EDT An oil industry expert told lawmakers Wednesday that increased speculation by Wall Street is just one of many factors driving up oil prices. Daniel Yergin, chairman of Cambridge Energy Research Associates, said increased demand, smaller supplies and a dearth of resources needed to discover oil have created a "shortage psychology" that has driven prices to historic highs. http://www.ibtimes.com/articles/20080625/expert-says-investors-not-to-blame-for-oil-prices.htm Wed, 25 Jun 2008 13:25:24 EDT Don't blame us. That's the message financial managers responsible for millions of Americans' retirement benefits delivered Tuesday to lawmakers who are increasingly blaming speculation for record fuel prices. http://www.ibtimes.com/articles/20080624/pension-managers-deflect-blame-for-oil-price-surge.htm Tue, 24 Jun 2008 13:30:53 EDT Nymex Holdings Inc., the operator of the New York Mercantile Exchange, said Tuesday it is an investor in ConfirmHub LLC, a technology firm that provides a central, standardized platform for transaction confirmation delivery. http://www.ibtimes.com/articles/20080624/nymex-buys-25-percent-stake-in-confirmhub.htm Tue, 24 Jun 2008 08:41:23 EDT Lawmakers continue to blame large investors for their role in propping up oil prices, pointing out Monday that speculation in crude futures has nearly doubled since 2000. http://www.ibtimes.com/articles/20080623/calls-for-crack-down-on-oil-speculation-increase.htm Mon, 23 Jun 2008 17:53:18 EDT Lawmakers are cranking out strategies to deal with skyrocketing fuel prices. TAKE A CLOSER LOOK: A bill introduced June 12 by Sen. Dick Durbin, D-Ill., would give commodity regulators more data and authority to monitor energy trading on concerns that excessive speculation has artificially inflated oil prices. http://www.ibtimes.com/articles/20080619/gridlock-stalls-washingtons-oil-relief-efforts.htm Thu, 19 Jun 2008 15:20:02 EDT With pump prices holding above $4-a-gallon, there is no shortage of proposals from Capitol Hill about how to address speculation in oil markets. The latest plan circulating in Congress would ban large institutional investors from trading commodities altogether. It's a radical idea that might sound appealing to motorists and small business owners, but experts say it would actually do little to lower prices and could have the opposite effect. http://www.ibtimes.com/articles/20080619/congress-targets-investors-for-high-oil-prices.htm Thu, 19 Jun 2008 14:17:02 EDT Shares of CME Group Inc. and Nymex Holdings Inc. both rose sharply Tuesday, a day after the Department of Justice approved CME Group's planned acquisition of the New York Mercantile Exchange operator. http://www.ibtimes.com/articles/20080617/cme-group-nymex-shares-rise-on-doj-approval.htm Tue, 17 Jun 2008 14:14:17 EDT Federal regulators said Tuesday they will place stricter limits on foreign exchanges that trade U.S. oil as concerns continue to grow about the role of speculation in rising fuel prices. Some lawmakers said the move was long overdue. http://www.ibtimes.com/articles/20080617/cftc-boosting-oversight-of-foreign-oil-trades.htm Tue, 17 Jun 2008 17:42:36 EDT Nymex Holdings Inc., operator of the New York Mercantile Exchange, said Tuesday daily average trading volume in May rose 38 percent. Average daily volume totaled 1.9 million contracts in May, compared with 1.4 million contracts per share during the same month last year. http://www.ibtimes.com/articles/20080617/nymex-trading-volume-skyrockets-in-may.htm Tue, 17 Jun 2008 09:06:52 EDT Shares of futures exchange operator CME Group Inc. rose in premarket trading Tuesday after the U.S. Department of Justice approved its $9.4 billion buyout of rival Nymex Holdings Inc. http://www.ibtimes.com/articles/20080617/ahead-of-the-bell-cme-group-rises.htm Tue, 17 Jun 2008 08:09:50 EDT CME Group Inc. on Wednesday filed a registration statement with the Securities and Exchange Commission further detailing its plans to purchase Nymex Holdings Inc., the operator of the New York Mercantile Exchange. http://www.ibtimes.com/articles/20080611/cme-group-1-step-close-to-acquiring-nymex.htm Wed, 11 Jun 2008 08:52:05 EDT Energy industry executives, investment bankers and academics will meet in Washington Tuesday to discuss energy trading, as oil and gasoline prices remain at record-high levels. http://www.ibtimes.com/articles/20080610/ahead-of-the-bell-energy-markets.htm Tue, 10 Jun 2008 06:09:20 EDT The government's chief commodities trading regulator says his agency is determined, but ill-equipped, to gauge the effect an influx of speculative dollars has had on energy and food prices. http://www.ibtimes.com/articles/20080604/regulator-commits-to-tracking-futures-volatility.htm Wed, 04 Jun 2008 13:21:07 EDT First oil. Now cotton. The Commodity Futures Trading Commission on Tuesday again took the unusual step of disclosing an investigation into the possible manipulation of commodity prices. http://www.ibtimes.com/articles/20080603/govt-discloses-investigation-of-cotton-market.htm Tue, 03 Jun 2008 14:58:06 EDT The growth of funds designed to mimic the price of crude oil and other energy futures is reminiscent of a similar craze that precipitated the stock market crash of 1987, billionaire financier George Soros told lawmakers Tuesday. http://www.ibtimes.com/articles/20080603/soros-says-speculators-contribute-to-oil-bubble.htm Tue, 03 Jun 2008 11:37:14 EDT Two analysts on Friday said they were cautious of stock exchange operators' performance due to a potential decline in volume, though one analyst did upgrade Nasdaq OMX Group Inc. http://www.ibtimes.com/articles/20080530/sector-snap-exchange-operators.htm Fri, 30 May 2008 14:19:51 EDT Federal regulators are six months into a wide-ranging investigation of U.S. oil markets, with a focus on possible price manipulation. The Commodity Futures Trading Commission on Thursday said it started the probe in December and took the unusual step of publicizing it "because of today's unprecedented market conditions." http://www.ibtimes.com/articles/20080529/govt-discloses-investigation-of-crude-oil-market.htm Thu, 29 May 2008 18:19:23 EDT Nymex Holdings Inc., operator of the New York Mercantile Exchange, said Friday average daily volume increased 22 percent in April. About 1.7 million contracts were traded each day in April, compared with 1.4 million contracts per day during the same month a year ago. http://www.ibtimes.com/articles/20080516/nymex-average-daily-volume-rises-22-percent.htm Fri, 16 May 2008 08:25:44 EDT Nymex Holdings Inc.'s first-quarter profit jumped 27 percent as market volatility led to higher transaction and clearing fees, the operator of the New York Mercantile Exchange said Thursday. http://www.ibtimes.com/articles/20080501/nymex-1q-profit-jumps-27-percent-on-higher-trading-volumes.htm Thu, 01 May 2008 07:55:33 EDT