City Chicago Financial News
01.11 / 00:38
ETF
Investments
SEC
guidelines
Financial
crypto futures
Hong Kong financial regulator issues guidelines for crypto futures ETFs
The Securities and Futures Commission of Hong Kong has set up requirements for entities considering a public offering of an exchange-traded fund (ETF) tied to cryptocurrency futures.
11.10 / 14:37
Future
Two Fed Officials Make Case for Caution With Future Interest Rate Raises
Two Federal Reserve officials began laying out a case for exercising caution in raising interest rates after policy makers last month telegraphed plans to continue lifting rates at their fastest pace in decades to reduce inflation that has reached 40-year highs.
11.10 / 14:31
Ex-Fed chief Ben Bernanke among markets’ experts awarded Nobel for economic sciences
The Nobel Prize in Economic Sciences was awarded on 10 October to former Federal Reserve chief Ben Bernanke and two other US academics whose work helped governments and central bankers navigate the global financial crisis and avoid an economic depression of the kind seen during the 1930s.
11.10 / 02:07
Provident
Most Nobel Laureates Develop Theories; Ben Bernanke Put His Into Practice
Critics sometimes ask what practical good economic theory has done. The Nobel Prize in Economic Sciences awarded to Ben Bernanke on Monday along with Douglas Diamond of the University of Chicago and Philip Dybvig of Washington University in St. Louis provides a rejoinder. The laureates independently developed the theoretical foundations for why banks exist and why bank panics hurt. Mr. Bernanke put those theories into practice when the stakes could scarcely have been higher: as Federal Reserve chairman during the global financial crisis of 2007-09.
10.10 / 21:45
Nobel Prize in Economics Winners Include Former Fed Chair Ben Bernanke
The Nobel Prize in Economic Sciences was awarded Monday to former Federal Reserve chief Ben Bernanke and two other U.S. academics whose work helped governments and central bankers navigate the global financial crisis and avoid an economic depression of the kind seen during the 1930s.
10.10 / 21:13
10.10 / 21:13
UPS
ETF
Fighting
Fed's Evans says fighting inflation is the top priority even if that means job losses
Chicago Federal Reserve President Charles Evans said the central bank is holding fast in its commitment to bring down inflation even if it means people losing their jobs.
10.10 / 16:03
Remark
Fed’s Evans Says Rates Will Need to Remain at Higher Levels
The Federal Reserve will need to hold interest rates high enough to slow the economy after it lifts them through the end of this year and into early next year, a central bank official said Monday.
04.10 / 19:47
CME
Hedge funds bet on pound rally
Hedge funds have tempered their expectations of the pound's rise after the mini-budget debacle. Overall they are neutral on sterling’s movement but lean slightly towards it regaining some value.
04.10 / 11:33
CME
Hedge funds were bullish on the pound before mini-budget turmoil
The pound's crash last week caused some hedge funds including BlueBay Asset Management and Crispin Odey of Odey Asset Management to cheer — saying they profited from the market turmoil.
04.10 / 00:21
Government
CFTC
SEC
lawmakers
US Treasury recommends lawmakers decide which regulators will oversee crypto spot market
Officials with the United States Financial Stability Oversight Council, or FSOC, have recommended U.S. lawmakers pass legislation to determine which “rulemaking authority” will be responsible for regulating parts of the crypto spot market.
12.09 / 21:59
Trading
Derivatives
Ethereum Options
CME Group premiers ETH futures options trading as the world braces for The Merge
Derivatives marketplace Chicago Mercantile Exchange Group (CME Group) announced the launch of options trading for its Ether (ETH) futures products Monday — the same week as the expected Ethereum merge.
01.09 / 21:38
CFTC
regulation
Derivatives
Former CFTC commissioner Jill Sommers joins FTX US Derivatives board
Jill Sommers, who served as a commissioner at the United States Commodity Futures Trading Commission, has joined the board of directors for FTX US Derivatives.
29.08 / 22:57
COST
Extreme
Remark
rate hikes
Fed rate hikes won't bring down inflation as long as government spending stays high, paper says
Federal Reserve Chairman Jerome Powell proclaimed Friday that the central bank has an «unconditional» responsibility for inflation and expressed confidence that it will «get the job done.»
29.08 / 18:49
business
Investments
CME
Euro
CME Group launches euro-denominated Bitcoin and Ether futures
Derivatives marketplace Chicago Mercantile Exchange Group has launched trading for Bitcoin euro and Ether euro futures contracts.
26.08 / 09:47
cryptocurrency
crypto news
CBOE
Bitcoin
Cboe Says Robinhood, Virtu Among Potential Partners In Its Crypto Exchange
Cboe says Robinhood and Virtu among potential equity partners in crypto exchange
24.08 / 16:39
education
Miami
Bitcoin
Boomer on the dancefloor! The 64 yr old Bitcoin breakdancer on investing
One of the world’s oldest competitive “breakers,” or breakdancers, is twisting and shouting Bitcoin (BTC) on dancefloors across the United States. Aged 64, Ben Hart told Cointelegraph he reckons he’s “the world’s oldest actively competing breaker.”
19.08 / 13:05
Provident
CME
Bitcoin
CME Group to Launch Options on Ether Futures
CME Group, a derivatives marketplace based in Chicago, announced on Thursday that it will launch options on Ether futures on September 12 amid pending regulatory review.
19.08 / 05:09
BTC
Twitter
Bitcoin
Bitcoin short sellers are going to go gaga after reading this
The king of cryptocurrency, Bitcoin [BTC], suffered a massive plunge in its price in June when the crypto market crashed, marking 2022 lowest of $18,154.
18.08 / 19:51
business
Investments
CME
CME Group plans to launch options on ETH futures prior to the Merge
Major derivatives marketplace Chicago Mercantile Exchange Group intends to launch options trading for its Ether (ETH) futures products.
11.08 / 10:17
Stocks market
Strategy
RIG
Ex-JPMorgan traders found guilty in spoofing trial
A federal jury in Chicago convicted two former traders of JPMorgan’s precious metals desk who had been charged with manipulating gold prices, finding they used misleading orders to rig prices.
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