Controlling foreign ownership of debt mention sends Indon rupiah down Nov 19, 2009
5% and using the non-deliverable forward market to swap dollars into rupiah. These flows are pretty big, said a trader in Singapore, estimating such arbitrage-seeking short-term flows at US$5bil. (The Star Online, Malaysia -- Business)
* Chinese cool to stronger yuan as IMF calls for rise Nov 17, 2009
The offshore non-deliverable forward market is pricing in a roughly 3. 5 percent rise versus the dollar over the next 12 months, down from close to 3. (Taipei Times, Taiwan -- World)
Beijing signals send renminbi higher Nov 12, 2009
The renminbi strengthened in the forward market yesterday after China signalled that the currency might be allowed to appreciate in the coming months. In its third-quarter monetary policy report, the Peoples Bank of China dropped a phrase pledging to keep the renminbi stable and said that it would consider major currencies, not just the dollar, in guiding the exchange rate. (FT.com -- Markets)
2010 Citi BCS National Championship Game Ticket Reservations, Packages and Information Available Now Oct 14, 2009
Team Specific Ticket Reservations are powered by the TTR Forward Market platform and are simple to acquire ... Team Specific Ticket Reservations are made possible by the "Forward Market" technology platform of TTR, Inc. For additional information go to. (Yahoo! Wire -- Entertainment News)
Tin tests Financial Services Authority s mettle Oct 7, 2009
The impact on forward market structure would be deemed ipso facto distorting, whether the position holder intended it or not. The danger with the existing system is that it creates the unfortunate impression the market is a game, in which the well-connected make handsome rewards to the detriment of everyone else by creating a series of artificial squeezes. (The Star Online, Malaysia -- Business)
Bobcats thinking big Sep 30, 2009
We missed out on (Drew) Gooden and Hakim Warrick and people like that, Brown said of the free agent forward market. But we didn't have Raymond's situation settled. (Herald Online, SC -- Sports)
Dream debut for interest rate futures Sep 1, 2009
NSE MD Ravi Narain said the world over, as a result of the global financial crisis, more and more regulators and markets across the globe are actually biasing their policies away from the OTC forward market in favour of exchange-traded market. This is because if there is one institution that has come about unscathed in this crisis, it is the fact of a centrally counter-party guaranteed exchange-traded market, he said. (India Times)
Shree Renuka to buy 5% stake in NCDEX Aug 19, 2009
MUMBAI: Shares of Shree Renuka Sugars were in the limelight Tuesday after the sugar firm received an approval from the commodity market regulator, Forward Market Commission, for buying 5 per cent stake in National Commodity atives Exchange Ltd.. The sugar maker will buy the stake for Rs 36. (India Times)
Rajasthan imposes stock limit on pulses Aug 11, 2009
The commodity market regulator Forward Market Commission restricts prices on the futures market by imposing open position limits and margins on commodity traders. We will follow the directive in letter and spirit. (India Times)
Silver set to touch Rs 27K per kg Aug 9, 2009
MUMBAI: Silver prices are set to touch the Rs 27,000-mark per kilogram in forward market by December, following renewed retail as well as industrial demand, an industry official said. "The increasing demand in industrial use and retail demand is expected to lift silver prices in the forward market to Rs 27,000 per kg by December 2009 from the present Rs 23,500 per kg," Silver Emporium's Director and a bulk dealer in silver, Rahul Mehta, said here ... Silver prices are set to touch the Rs... (India Times)
Paramount Energy Trust Releases Second Quarter 2009 Financial and Operating Results and Confirms August Distribution Aug 7, 2009
As at August 5, 2009, the current actual and forward market for natural gas for July through December 2009 is $3. 73 per GJ at AECO. The following table reflects PET's projected realized gas price, monthly funds flow and payout ratio at the current monthly distribution of $0. (PR Newswire)
Transcript of a Conference Call on Ukraine With Ceyla Pazarbasioglu, Mission Chief for Ukraine in the IMF's European Department Jul 31, 2009
They have already amended the regulations to make sure that there would be an efficient foreign exchange forward market in Ukraine, which should help hedging opportunities for the public and corporate sectors and, therefore, help make sure that there would be an efficient foreign exchange market. In terms of the bank restructuring program, this is going in line with the program. (IMF News)
China and the dollar: Yuan small step Jul 10, 2009
There is no real forward market for the yuan, making it hard to hedge risk, and it is not accepted by most other countries. The yuan will be used more widely for trade over the next decade but the idea that the yuan can become a reserve currency in the near future is ridiculous, says Arthur Krober at Dragonomics, a research firm based in Beijing. (The Economist)
Australia's AMP Capital Buys Natural Gas in Anticipation of Price Gains May 29, 2009
Everyones storing natural gas to sell at a higher price in the forward market. You also have a push for clean energy globally, which should benefit natural gas. (Bloomberg -- Australia & New Zealand)
Ban on wheat futures removed May 17, 2009
"Suspension on futures trading in wheat has been lifted today," Forward Market Commission (FMC) member Rajeev Agarwal said. The ban was imposed in February 2007 on demand from the Left Parties and RJD leader Lalu Prasad Yadav. (India Times, India -- Intl Business)
Libor Declines, TED Spread Is Narrowest Since Crisis Began in August 2007 May 17, 2009
Contracts in the forward market show traders are betting the spread will fall to 52 basis points by December, according to data compiled by Tullett Prebon Plc, the second-biggest broker of interbank transactions after ICAP Plc. Money-market safe-haven spreads continue to narrow significantly, suggesting less fear in the banking system and more liquidity creating a less restrictive lending environment, , a currency strategist in Sydney at Royal Bank of Scotland Group Plc, wrote in a note... (Bloomberg -- UK)
Canadian Hydro Announces Results for the First Quarter Ended March 31, 2009 May 14, 2009
Our assumptions for fair valuing our CFDs, given the ongoing illiquidity of the forward market, assume the actual contract prices contained in the CFDs are the same as the forward prices for years where no forward market exists ... Forward-looking statements are often, but not always, identified by the use of words such as "seek", "anticipate", "plan", "continue", "estimate", "expect, "may", "will", "project", "predict", "potential", "targeting", "intend", "could", "might", "should", "believe"... (CCNMatthews Press Releases)
Consortium will offer savings on electricity May 9, 2009
Electricity contracts will be sought for periods between one and three years, and pricing will be a result of coordination with the electricity consultants and forward market indications. CPECs electric program is available to any member regardless of the amount of electricity used and participants can easily keep check on how theyre doing in the program. (Carlisle Sentinel, PA)
Enerplus announces results for first quarter 2009 May 8, 2009
Key drivers supporting crude oil prices at this level are a reduction in OPEC supply, falling rig counts and a long term demand outlook which has resulted in a strong forward market ... As the forward markets for natural gas and crude oil fluctuate, new contracts are executed and existing contracts are realized, changes in fair value are reflected as a non-cash charge or non-cash gain in earnings ... General and Administrative Expenses ("G During the first quarter of 2009 Gnses increased 9% to... (Canada Newswire)
EPCOR Announces Quarterly Results May 8, 2009
These unrealized fair value changes were due to decreases in the forward market prices for natural gas in the first quarter of 2009 compared with increases in the first quarter of 2008 ... - June 30, 2007 second quarter results included unrealized fair value decreases in derivative financial instruments which were not designated as hedges for accounting purposes, resulting from increasing forward market prices. (Canada Newswire)
Libor Caps Longest Falling Streak Since November as Bank Earnings Improve Apr 18, 2009
Contracts in the forward market show traders are betting the spread will fall to 79 basis points by December, according to data compiled by Tullett Prebon Plc, the biggest broker of interbank transactions after ICAP Plc. In a further sign the turmoil in the credit markets is easing, the disparity in the dollar rates submitted by the 16 banks to the BBA is decreasing. (Bloomberg -- UK)
Libor Falling Fastest Since January as Konstam, Jersey See Markets Healing Apr 15, 2009
Contracts in the forward market show traders are betting the spread will fall to 0. 82 percentage point by December, according to data compiled by Tullett Prebon Plc, the second- biggest broker of interbank transactions after ICAP Plc. (Bloomberg)
Why devaluation is Singapores best option Apr 7, 2009
In other words, if market participants believed the Singapore dollar will keep depreciating, they would sell the currency in the forward market ... In addition, expectations of appreciation or depreciation for the currency tend to influence forward markets, and therefore rates such as the SOR.. (The Star Online, Malaysia -- Business)
Ultrapetrol Reports Financial Results for Fourth Quarter and Full Year 2008 Mar 18, 2009
4 million in full year 2009 and 2010, respectively, for these vessels if the balance of free time was fixed at the current prevailing forward market rates. Including the Product Tanker Austral which we have taken on a 3-year bareboat charter from an unrelated third party, we have taken a total of four vessels in our Product Tanker fleet in 2008 (Miranda I, Amadeo, Alejandrina and Austral) which continue to be employed in the South America on medium / long-term charters with the Oil Majors which... (Primezone Releases)
Libor surges to three-month high as banks scurry for cash Mar 12, 2009
Contracts traded in the forward market show traders reduced bets on how much they expected the spread to widen this year. The so-called FRA/OIS spread, priced to March, is about 112 basis points, compared with about 114 basis points on Tuesday, according to data compiled by Tullett Prebon, the second-biggest broker of transactions between banks. (Business Report, South Africa)
Libor Creep Says Credit Markets Risk Freezing on Distrust of Policymaking Mar 11, 2009
Contracts in the forward market show traders expect the spread to narrow to 85 basis points in a year, according to data compiled by Tullett Prebon Plc, the second-biggest broker of transactions between banks after ICAP Plc. While the gap is forecast to shrink, , chairman of the Federal Reserve from August 1987 to January 2006, said in June he wont consider markets back to normal until Libor-OIS falls to 25 basis points. (Bloomberg -- UK)
Peyto Energy Trust announces ten successful years with fiscal 2008 year end results Mar 5, 2009
The fair values of forward contracts are based on forward market prices. Embedded Derivatives An embedded derivative is a component of a contract that causes some of the cash flows of the combined instrument to vary in a way similar to a stand-alone derivative. (PR Newswire)
