(Bloomberg) — Copper jumped to a seven-week high in New York after a magnitude-8.8 earthquake disrupted supplies from Chile, the world’s largest producer.The quake forced Codelco, Anglo American Plc and Antofagasta Plc to halt mine operations after power cuts. Codelco, the largest copper producer, said it will meet supply contracts with shipments from undamaged plants in northern Chile, where it has larger mines.Copper “is obviously being affected by the situation in Chile,” said Donald Selkin, the chief market strategist at National Securities Corp.
Posts Tagged ‘New York Mercantile’
Copper Jumps to Seven-Week High in N.Y. After Chile Earthquake
March 1st, 2010 
Before You Invest 
Posted in Finance Fraud 
Tags: Anglo American Plc, Antofagasta Plc, Bloomberg, Chief Market Strategist, Chile Earthquake, Comex, Copper Mines, Copper Ores, Copper Producer, Donald Selkin, Global Exports, Loading Terminals, London Metal Exchange, Metric Ton, National Securities Corp, New York Mercantile, New York Mercantile Exchange, Northern Chile, Supply Contracts, York Mercantile Exchange 
Comments OffCME wants city subsidy for renovation of the Chicago Board of Trade Building
September 9th, 2009 Before You Invest CME Group Inc. is seeking $15 million in city aid to help pay for a major renovation of the Chicago Board of Trade Building, which became the exchange’s headquarters after its 2007 buyout of the Board of Trade.The CME has promised to make 900 jobs over the next 10 years, in addition to the 1,800 current employees, in exchange for the tax-increment financing grant, according to Alderman Robert Fioretti (2nd), whose ward includes the building at 141 W.
Posted in Finance Fraud Tags: Alderman, Art Deco, Chicago Board Of Trade, City Officials, Corporate Welfare, Development Tool, Generous Aid, Job Creation, Landmark Art, Lasalle Street, Meeting Agenda, New York Mercantile, New York Mercantile Exchange, Ploy, Relocating To New York, Robert Fioretti, Spokeswoman, Subsidy, Tax Increment Financing, York Mercantile Exchange No Comments »CME’s Nymex buy helped it beat Q2 forecasts
July 23rd, 2009 Before You Invest CME Group Inc.’s second-quarter profit jumped 10%, beating analyst expectations, as the company cut expenses and boosted per-contract trading fees.The exchange operator’s second-quarter results include operations at the New York Mercantile Exchange, which were not included in the year-earlier figures. CME Group bought Nymex during the third quarter of 2008.Net income for the quarter finished June 30 rose to $222 million from $201 million a year earlier.
Posted in Finance Fraud Tags: Agricultural Markets, Analyst Expectations, Cme, Contract Fees, Current Energy, Earnings Per Share, Exchange Operator, Exchange Volume, Executive Chairman, Fee Discounts, Forecast Earnings, Group Executive, Interco, New York Mercantile, New York Mercantile Exchange, Nymex, Quarter Ended June, Quarter Profit, Quarterly Results, York Mercantile Exchange No Comments »CME raising fees on eve of rival’s debut
June 16th, 2009 Before You Invest CME Group Inc. has raised trading fees at its futures markets, just as a competitor exchange prepares to open its doors.The fee changes, described in an 11-page notice on CME’s Web site, reduce prices on some products and raise them on others. Overall, the changes “will result in a minimal increase in revenues/overall rate per contract,” a CME spokesman said.
Posted in Finance Fraud Tags: Best Execution, Cbot, Chicago Board Of Trade, Chicago Trading, Eurex, Foothold, Futures Markets, Futures Traders, Futures Trading, Initial Public Offerings, Minimal Increase, New York Mercantile, New York Mercantile Exchange, Repetto, Sandler O Neill, Treasury Futures, Uphill Struggle, Wall Street Banks, York Mercantile Exchange, Zero Days No Comments »CME volume drops 28% in February
March 3rd, 2009 Before You Invest (AP) — Exchange operator CME Group Inc. said Tuesday average trading volume across its exchanges fell 28 percent in February from a year ago, but is trending up compared with recent months.An average of 10.8 million contracts were traded per day on CME Group’s exchanges in February, compared with 15.1 million contracts traded per day during the same month last year.
Posted in Finance Fraud Tags: 1 Million, 5 Million, Cme, Commodity Futures, Contract Volume, Contracts, Daily Volume, Exchange Operator, Group Shares, Interest Rate, New York Mercantile, New York Mercantile Exchange, Physical Commodity, Rate Contract, York Mercantile Exchange Comments Off
