Thomas McMahon News
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Hong Kong Exchanges & Clearing Ltd.’s bid for the London Metal Exchange, the most expensive bourse merger over $1 billion, is seen as a way for the LME to expand into China, the world’s largest buyer of metals.
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Singapore Exchange Ltd., operator of the city’s securities and derivatives markets, represents as much as 90 percent of global over-the-counter clearing of iron- ore swaps, said the chief executive of its commodity unit.
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Martin Abbott has been a fashion journalist, advertising salesman, pub manager, security guard and coal miner. The chief executive officer of the London Metal Exchange, the biggest metals market, may soon be a dealmaker.
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The Singapore Mercantile Exchange will offer cash-settled futures contracts in euros for Brent crude oil, a North Sea grade widely traded in London, providing traders a currency hedge.
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The Chicago election ballots rolling off printers today make Rahm Emanuel ’s political nightmare official. They won’t include his name as candidate for mayor.
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Rahm Emanuel ’s victory in the Illinois Supreme Court, allowing the frontrunner to stay on the Feb. 22 ballot to replace Richard M. Daley as mayor of Chicago, returned the election race to a focus on issues and money.
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Rahm Emanuel , President Barack Obama ’s former chief of staff, won an expedited review by the Illinois Supreme Court of his disqualification from Chicago’s Feb. 22 mayoral election.
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Rahm Emanuel , the former chief of staff for President Barack Obama , is to be “excluded” from the Chicago mayoral ballot, a divided state appeals court ruled, after saying he failed to satisfy residency requirements.
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The Singapore Mercantile Exchange , which is aiming to begin transactions in August, will offer cash-settled futures contracts for West Texas Intermediate crude oil, the same grade traded in New York.
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Singapore Mercantile Exchange will begin live trading operations on Aug. 31, offering both gold and energy contracts, according to an e-mailed statement.
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