Posts Tagged ‘futures contract’
SGX to launch oil futures in next quarter
December 6th, 2009 | 
Author: THE Singapore Exchange (SGX) will launch an oil futures contract in the first quarter of next year, said the exchange’s new chief executive Magnus Bocker yesterday.
This comes as the trading of instruments linked to commodities hots up here, with another commodities exchange set to start operations soon.
The new SGX contract – effectively a bet on the future price of oil – will be linked to bunker… more
Posted in Singapore Financial News | 
Tags: bet, bocker, bunker, chief executive, commodities, contract, exchange, executive, first quarter, future price, futures contract, magnus, Magnus Bocker, oil, oil futures, price, price of oil, quarter, SGX, Singapore, singapore exchange, trading, year, yesterday | 
No Comments »
STI jumps as traders bet on US rally
A 70-POINT rise in the December futures contract on the Dow Jones Industrial Average, a 1.7 per cent rise in Hong Kong’s Hang Seng index and a firm opening Europe-wide yesterday led traders here to bet heavily on Wall Street opening the week with a bang. The subsequent buying targeted mainly banks and propelled the Straits Times Index up 56.62 points to 2,783.85 in moderate volume of 1.85 billion … more
Posted in Singapore Financial News |
Tags: average, bang, banks, buying, cent, contract, December, Dow, dow jones, dow jones industrial, dow jones industrial average, Europe, Europe-wide, futures contract, Hang Seng, hang seng index, Hong Kong, Index, Industrial, Jones, moderate volume, opening, point, rise, Straits, straits times index, Times, volume, Wall Street, week, yesterday |
No Comments »
Stocks rise in anticipation of US rally
SOME of the excitement which has been missing from the local stock market during the first two days of this week returned yesterday with a bang when investors bought in anticipation of an earnings-driven Wednesday rise on Wall Street. They formed this view based on developments on two fronts – a 2 per cent jump in the Hang Seng Index and a 90-point rise in the December futures contract on the Dow … more
Posted in Singapore Financial News |
Tags: anticipation, bang, cent, contract, December, Dow, earnings, excitement, futures contract, Hang, hang seng index, Index, investors, jump, market, point, rise, Seng, SOME, stock, stock market, view, Wall Street, Wednesday, week, yesterday |
No Comments »
