Tag: derivative

  • NADEX

    Located in Chicago, the North American Derivatives Exchange (Nadex) is a wholly-owned subsidiary of IG Group Holdings based in the United Kingdom. Previously known as HedgeStreet Exchange, Nadex is promoted as a retail-focused, online futures exchange dedicated to traders who are interested in speculation on, or hedging against, event-derivative contracts. Nadex is regulated by the Commodity ...

  • Interest Rate

    Interest rate swaps are a type of Derivative transaction in which two participating parties swap, or exchange, positions in interest-bearing financial instruments for mutual advantage. The reasons for doing so are typically that one trader is seeking to reduce their exposure to interest rate fluctuations on the equity they currently own, assuming that equity (a bond or other interest-bearing ...

  • CME

    In July 2007, the Chicago Mercantile Exchange (CME) merged with the Chicago Board of Trade (CBOT) under the ownership of the CME Group Inc. The following year on August 18, shareholders approved a merger with the New York Mercantile Exchange (NYMEX), with the CME Group remaining the holding company. Prior to the merger of these three entities, they had operated individually for many years ...