Globex

Globex

A trading platform that allows investors to trade futures, commodities, and other derivatives without regard for time zone. Trading takes place electronically. It was established by Reuters in 1992. It has become less popular as exchanges, notably the CBOT, have adopted similar platforms. See also: National Market System.

GLOBEX

Globex

an international futures trading system which enables futures contracts to be traded outside the trading hours of their national FORWARD MARKETS. Globex is run by REUTERS and its members include the Chicago Mercantile Exchange, Matif (of France) and DTB (of Germany). However, it has failed to attract the support of the London based LIFFE, the world's third largest futures market, while the world's largest futures exchange, the Chicago Board of Trade, withdrew from Globex in 1994.
References in periodicals archive ?
th], KRX's US Dollar Futures contract will be hosted after-hours on the CME Globex electronic trading platform, providing international market participants expanded access to the Korean markets.
The Canadian firm Pal Benefits has made an announcement on its finalization of a strategic partnership pact with the US-based global employee benefits and risk management company - Globex International Group.
CME Group should develop a new contingency plan to cover any future problems with its Globex electronic trading platform similar to one that struck in early April, according to recommendations offered by the National Grain and Feed Association (NGFA).
Kuwait-based Path Solutions has partnered with GlobeX Data to offer financial institutions secure cloud storage solutions.
Global Banking News-15 October 2008-Russia's Globex bans early deposits withdrawal(C)2008 ENPublishing - http://www.
Globex Mining Enterprises is awaiting word on private investment for a feasibility study into magnesium-talc mining in the Timmins area.
BESTDirect was among the first platforms to deliver customer orders direct to CME Globex trading engine
To build a bigger firm in the US bill payment and under-banked financial services market, a bill payment firm TIO Networks has inked an agreement to buy Globex Financial Services, and its operating business Global Express Money Orders.
In the news release, CME Group Announces Early Open on Sunday for Energy Products on CME Globex and ClearPort Related to Hurricane Ike, issued earlier today by CME Group over PR Newswire, we are advised by the company that the second paragraph, last sentence, should be omitted from the press release.
EDMONTON, Canada, May 16 /PRNewswire/ -- Globex Foreign Exchange Corporation, an international leader in corporate and large-scale personal foreign currency exchange transactions, believes it is important that we recognize and take responsibility for the effects of our business on the environment.
Another 25 per cent of the cost has already been secured from the Quebec government by the Rouyn-Noranda junior mining company Globex Mining Enterprises Inc.
He was an influential participant in the "beta" development of Globex in its earliest stages, and helped start up forex desk operations for several other leading firms in the U.