Global Banking News-31 August 2009-Standard Chartered reports completion of
interest rate futures transaction(C)2009 ENPublishing - http://www.enpublishing.co.uk
On June 9, 2014, several Liffe US
interest rate futures were transitioned to ICE Futures Europe and ICE Clear Europe.
Last month, India's central bank took action to reverse that, announcing it would introduce 10-year
interest rate futures contracts by the end of the year.
In addition to these IRRI rice, Palm Olein and Kibor
interest rate futures are also listed and traded on NCEL.
In addition, NYSE Liffe also extended the trading hours for its Euribor
interest rate futures contract in 2007, to incorporate the Asian trading day.
Similarly, it is believed that yields on short-term
interest rate futures contracts might rise on speculation that policy makers would lift their overnight interest rate by 0.75 percentage point.
Alankit is already providing services to millions of its customers like online trading in equity, future and option segments, commodities, currency derivatives,
interest rate futures, portfolio management, depository participant, registrar and share transfer agent.
Interest Rate Futures ( IRF) fell flat with public sector banks keeping away from the market due to policy glitches.
In the money market, short sterling
interest rate futures eased downwards, reflecting a sense that the pressure on the Bank of England to raise its official interest rate from the 4.5 per cent, where it has been since last August, are less urgent than they seemed last week.
Central bank officials said the sharp rise appears to have stemmed from increases in long-term interest rates in late June, which apparently prompted the banks to actively conclude derivatives contracts involving
interest rate futures.
Prices of three-month Euroyen
interest rate futures fell on the Tokyo International Financial Futures Exchange, with the yield on the key September contract up to 0.43% from 0.4% Wednesday.