• Cross Listing arrangements with The National Stock Exchange of India (NSE) covering benchmark indices for United States and Indian equities.  Under the arrangements, the S&P CNX Nifty Index will be made available to the CME to enable the creation and listing of U.S. dollar denominated futures contracts for trading on the CME.  The rights to the S&P 500® and Dow Jones Industrial Average and Dow Jones Industrial Average ™ will be made available to NSE to allow the creation and listing, subject to regulatory approval, of Rupee denominated futures contracts for trading on NSE. 

• CME Group and the Mexican Stock Market, Bolsa Mexicana de Valores, S.A.B. de C.V. (BMV) have entered into a strategic partnership including an order routing agreement for derivative products.  CME Group has purchased shares in the Mexican exchange valued at $17 million, or approximately 1.9 percent of outstanding BMV shares.  CME Group will become the exclusive exchange provider of derivatives order routing services to BMV and BMV will be the exclusive exchange provider of derivatives order routing services to CME Group in Mexico. 

  For further information, please go to: 

  http://cmegroup.mediaroom.com/index.php?s=43&item=2996&pagetemplate=article
   

• CME Group has entered into a licensing agreement with the Chicago Board Options Exchange (CBOE) to allow CME Group to list futures and options on futures for volatility indices.  The contracts, such as WTI Crude Oil, Corn, Soybeans and Gold, will be listed with, and subject to, the rules and regulations of the particular exchange where the products will be traded (CME, CBOT or NYMEX).
  
  For further information, please go to:
  
  http://cmegroup.mediaroom.com/index.php?s=43&item=2994&pagetemplate=article
  

NATIONAL COMMODITY & DERIVATIVES EXCHANGE - LEAD FUTURES CONTRACT LAUNCHED

On 5 March 2010, the National Commodity & Derivatives Exchange (NCDEX) of India announced the launch of its lead futures contract.   Contracts expiring March 2010, April 2010 and May 2010 would be available for trading on 8 March 2010.

• Unit of trading - 5 tons
• Delivery unit - 10 tons (with tolerance limit of +/- 1%)
• Quality - Lead of 99.970% minimum purity.  Lead must conform with graded lead chemical composition of BS EN 12659:1999 Standard entitled "Lead and Lead Alloys - Lead".
• Product Form - Ingots

The London Bullion Market Association has agreed to enter into exclusive negotiations with the London Metal Exchange covering the distribution and monetizing of the LBMA Forward Curve. 

For more information, please go to:-

www.lbma.org.uk


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SINGAPORE COMMODITY EXCHANGE GOLD CONTRACT STARTED TRADING ON 30 MARCH 2010

The Singapore Commodity Exchange (SICOM) started trading its new Gold Deferred Settlement Contract on 30 March 2010.  The contract's unique feature is that it allows investors to gain exposure to the international spot gold price without having to handle any physical delivery of gold nor payment of the full notional contract value.   Deferred settlement occurs when open positions at the end of each trading day are automatically "rolled forward" using current interest rates. 

Contract specification:

• Underlying metal - Fine gold (of 100% purity per London Gold Market Fixing specifications)
• Contract size - 10 troy ounces
• Quotation unit - US$ per troy ounce
• Tick size - US$0.10 per troy ounce (Tick value = US$1.00)
• Negotiated Large Trades (NLT) Threshold - Minimum of 300 lots

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ECHA - PUBLIC CONSULTATION ON EIGHT POTENTIAL SUBSTANCES OF VERY HIGH CONCERN

• The CME Group - NYMEX - COMEX
   
• The Dubai Gold and Commodities Exchange - DGCX 
   
• The London Bullion Market Association - LBMA 
   
• The London Metal Exchange - LME  
   
• The Shanghai Futures Exchange - SHFE 
   
• The Tokyo Commodity Exchange - TOCOM