Commodities

IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, announced today that the benchmark ICE Brent Crude futures contract reached a new record open interest level of 1,001,286 contracts on 26 January, 2012.

Introduced in 1988, the ICE Brent Crude futures contract is the leading benchmark for light sweet crude oil, including grades in Africa, the Middle East and Asia.

CME Group, the world's leading and most diverse derivatives marketplace, today announced it has expanded its centrally cleared, over-the-counter (OTC) agricultural swap offering through the introduction of eight new grain and oilseed swaps. The new swaps will be available for clearing on February 13, pending regulatory review. Among the offering are five new bullet swaps and three additional calendar swaps, which are listed with, and subject to, the rules and regulations of CBOT.

CME Group, the world's leading and most diverse derivatives marketplace, and Mysteel, China's leading provider of ferrous price and indexing services, today announced they have signed an agreement to develop risk management products for the ferrous industry based on Mysteel's market-leading price data services. The products will be listed by NYMEX and cleared by CME Clearing. 

CME Group, the world’s leading and most diverse derivatives marketplace, today announced it had reached five consecutive daily open interest records for its benchmark Henry Hub Natural Gas futures contract. These contracts are listed by and subject to the rules of NYMEX. 

Brady plc (BRY.L), the leading global provider of trading, risk management and settlement solutions to the energy, metals and commodities sectors, announced today that Fjordkraft, a Norwegian retail distribution company, has implemented Brady's new Sales Manager solution to support Fjordkraft's operations for pricing and risk management of end-user contracts.

IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, today announced that ICE Futures Europe will introduce ICE Brent NX (New Expiry) Crude Futures and Options contracts.  The contracts will be available for trading with a first trade date of 5 December 2011.

Adding to Group’s broad electronic trading of energy products 

GFI Group Inc. (NYSE: “GFIG”) announced today that it has successfully launched a number of Northeast Gas Basis products on EnergyMatch®, GFI’s leading electronic trading platform for energy and commodities in North America and executed a number of trades for clients on the system.

Tim Ryan, president and ceo of SIFMA, today issued the following statement on the final regulations for position limits for futures and swaps issued today by the Commodity Futures Trading Commission:

OpenLink Financial, Inc (OpenLink), a leading provider of energy, commodities, trading, and risk management (C/ETRM) solutions, which support the entire transaction lifecycle, is to acquire SolArc, a leading provider of commodity management solutions for companies operating across the commodity supply chain, with particular strength in logistics associated with physical bulk commodities such as NGL’s, coal, oil and agricultural products.