2. MERCADOS ORGANIZADOS DE FUTUROS
• TOKYO FINANCIAL EXCHANGE INC.
• CME GROUP FUTURES & OPTIONS
• EUREX – EUROPE´S GLOBAL FINANCIAL
3. TOKYO FINANCIAL EXCHANGE INC.
• HISTORY
▫ Tokyo Financial Exchange Inc. (aka. TFX) was established in April 1989 under the
Financial Futures Trading Law of Japan.
In April 1989, TFX was established as a membership organization with the capital
provided by large sized financial institutions from around the globe, and in April
2004, was demutualized and incorporated in order to strengthen corporate
governance as well as to enhance convenience and transparency of the market. In
addition, because the Financial Futures Trading Law was abolished and the
Financial Instruments and Exchange Law, which was revised with the Securities
and Exchange Law, was enforced in September 2007, TFX transformed from a
―Financial Futures Exchange‖ that handles only financial futures, into a more
comprehensive ―Financial Exchange‖ that handles any kind of financial products.
Under the new law, through responding to the needs of investors and promoting
to develop the new lines of attractive products, TFX, as an advanced exchange,
contributes to the growth of Japanese financial markets and is continuing to
construct a reliable and leading market infrastructure.
4. TOKYO FINANCIAL EXCHANGE INC.
Name Tokyo Financial Exchange Inc.
Marunouchi Park Building 15th Floor
Address 2-6-1 Marunouchi, Chiyoda-ku, Tokyo 100-
6915
Founding April, 1989
Capital 5,844,650,000 yen
5. TOKYO FINANCIAL EXCHANGE INC.
• The main businesses of TFX are as follows.
- Securing a fair market through establishing
and offering the financial instruments markets
that handle securities as well as market
derivatives
- Conducting clearing for the market derivatives
that were traded at TFX’s financial instruments
markets.
6. CME GROUP FUTURES & OPTIONS
• HISTORY
▫ CME Group Foundation was created in 2008 and endowed with a gift of $16
million from the Chicago Mercantile Exchange Trust (CME Trust). CME Trust was
established by the Chicago Mercantile Exchange (CME) in 1969, under the
direction of its then chairman, Leo Melamed, to provide financial protection to
customers in the event a CME member firm became insolvent or unable to meet
its obligations to its customers. CME Trust received approval to distribute its net
income to public charities in 2005. In addition to the Foundation's annual grant
payout, CME Trust has made a contribution annually to CME Group Foundation
for its grantmaking since 2008.
On October 31, 2011, MF Global Inc., one of CME Group's former clearing firms,
was placed into bankruptcy liquidation. On November 11, 2011, the Trustees of the
Trust agreed to make all of its assets, approximately $50 million, available to
CME Group market participants in the event there is a shortfall at the conclusion
of the Bankruptcy Trustee's distribution process. Due to this extraordinary
circumstance, all new CME Group Foundation grant proposals will be put on hold
until further notice. We apologize for any inconvenience this may cause grant
applicants. Grants previously approved by the Board of Directors of the CME
Group Foundation and as evidenced by an existing grant agreement will continue
to be honored.
7. CME GROUP FUTURES & OPTIONS
• CME Group Foundation's grants support
nonprofit organizations, primarily in the
Chicago region (the six-county metropolitan
area), to:Promote research, teaching and
learning specific to financial markets futures and
derivatives;
• Promote the education of children and youth;
and
• Promote the health and education of young
children.
8. CME GROUP FUTURES & OPTIONS
CME
20 South Wacker
Chicago, Illinois 60606
EE.UU.
teléfono: 312-930-1000
e-mail: info@cmegroup.com
9. Eurex - Europe's Global Financial
Marketplace
• Eurex is one of the world's leading derivatives exchanges and is jointly
operated by Deutsche Börse AG and SIX Swiss Exchange. Eurex offers a
broad range of international benchmark products and operates the most
liquid fixed income markets in the world, featuring open and low-cost
electronic access. With market participants connected from 700 locations
worldwide, trading volume at Eurex exceeds 1,5 billion contracts a year.
Therefore, Eurex is the market place of choice for the derivatives
community worldwide.
• On December 20, 2007, Eurex completed the acquisition of International
Securities Exchange, Inc. (ISE). Hence, ISE is a wholly owned subsidiary of
Eurex. The new member of the Eurex group operates a variety of fully
electronic trading platforms, its markets portfolio consists of an options
exchange and a stock exchange.
• On a combined basis, Eurex and ISE are the global market leader in
individual equity and equity index derivatives. Currently, they distribute
their products to approximately 560 direct exchange members.
10. Eurex - Europe's Global Financial
Marketplace
• Aside from operating a fully electronic trading platform, Eurex provides an automated and
integrated joint Clearing House. Eurex Clearing AG offers central counterparty services for
instruments traded on the Eurex exchanges, Eurex Bonds and Eurex Repo as well as
the FWB® Frankfurter Wertpapierbörse (the Frankfurt Stock Exchange: Xetra® and
floor) and the Irish Stock Exchange, eliminating the individual counterparty risk. With this
structure, Eurex participants benefit from a high-quality, cost-efficient and comprehensive
value chain of trading and clearing services via a single electronic system.
• Together with leading international financial institutions, Eurex operates the electronic
trading platformEurex Bonds, an ECN (electronic communication network) for off-
exchange, wholesale trading in fixed income securities and treasury discount papers
(Bubills). Through the basis trading Eurex Bonds offers a direct link between the cash
market and the futures market, this enables electronic basis trading via a central order
book.
• Eurex Repo, which is a separate segment, is the electronic trading solution for repos (sale
and repurchase agreements). This Eurex segment is one of the leading electronic repo
market providers, and operates the Swiss Franc and Euro Repo Markets. Eurex Repo offers
the entire value chain from trading through clearing and settlement.
• Operating as a lean, entrepreneurial organization Eurex strives to fulfill customer demand.
Its team of dedicated professionals does its utmost to offer every class of investor the
advantages of having spot and futures markets as well as related clearing and settlement
activities all fully integrated under one roof.
11. Eurex - Europe's Global Financial
Marketplace
Eschborn Mergenthalerallee 61
D-65760 Eschborn
Germany
T +49-69-211-0
13. LONDON STOCK EXCHANGE
• HISTORY
▫ The London Stock Exchange is one of the world’s
oldest stock exchanges and can trace its history
back more than 300 years. Starting life in the
coffee houses of 17th century London, the
Exchange quickly grew to become the City’s most
important financial institution. Over the centuries
following, the Exchange has consistently led the
way in developing a strong, well-regulated stock
market and today lies at the heart of the global
financial community
14. LONDON STOCK EXCHANGE
• The Exchange operates its Trading Services each
weekday excluding Public and Bank Holidays in
England & Wales.
15. LONDON STOCK EXCHANGE
Company Information
London Stock Exchange plc.
Registered in England and Wales No
02075721.
16. CBOE CHICAGO BOARD OPTIONS
• HISTORY
▫ Chicago Board Options Exchange (CBOE), the largest U.S.
options exchange and creator of listed options, continues to
set the bar for options trading through product innovation,
trading technology and investor education.
CBOE offers equity, index and ETF options, including
proprietary products, such as S&P 500 options (SPX), the
most active U.S. index option, and options on the CBOE
Volatility Index (VIX), the world's barometer for market
volatility. Other groundbreaking products engineered by
CBOE include equity options, security index options,
LEAPS options, FLEX options, and benchmark products,
such as the CBOE S&P 500 BuyWrite Index (BXM).
17. CBOE CHICAGO BOARD OPTIONS
•
CBOE's Hybrid Trading System incorporates
electronic and open outcry trading, enabling
customers to choose their trading method. CBOE's
Hybrid is powered by CBOEdirect, a proprietary,
state-of-the-art electronic platform that also
supports the CBOE Futures Exchange (CFE), CBOE
Stock Exchange (CBSX) and OneChicago. CBOE is
home to the world-renowned Options Institute and
CBOE.com, named "Best of the Web" for options
information and education.
18. CBOE CHICAGO BOARD OPTIONS
Chicago Board Options Exchange
400 South LaSalle Street
Chicago, IL 60605
1.877.THE.CBOE (1.877.843.2263)
19. NYSE NEW YORK STOCK EXCHANGE
• HISTORY
▫ NYSE Euronext (NYX) is the holding company and the first cross-border
exchange group created by the combination of NYSE Group, Inc. and
Euronext N.V., on April 4, 2007. The Company’s exchanges located in
Europe and the United States trade equities, futures, options, fixed-
income, and exchange-traded products. With approximately 8,000 listed
issues (excluding European Structured Products) from more than 55
countries, NYSE Euronext's equities markets—the New York Stock
Exchange, NYSE Euronext, NYSE Amex, NYSE Alternext and NYSE
Arca—represent one-third of the worlds equities trading and the most
liquidity of any global exchange group.
▫ NYSE Euronext also operates NYSE Liffe, a leading European derivatives
business and the world's second-largest derivatives business by value of
trading, and NYSE Liffe U.S., which is a global, multi-asset class futures
exchange. The U.S. Derivatives Clearing Organization, The New York
Portfolio Clearing, LLC ( a joint venture of DTCC and NYSE
Euronext) delivers unique capital efficiencies to the market.
20. NYSE NEW YORK STOCK EXCHANGE
▫ The company offers comprehensive commercial technology, connectivity
and market data products and services through NYSE Technologies, the
world's leading provider of end-to-end electronic trading
solutions. NYSE Technologies’ flexible and scalable products deliver
robust and integrated solutions, from single trading positions to
complete exchange platforms. Its leading edge software, combined with
high performance connectivity, provides the global trading community
with innovative tools, access to liquidity and worldwide markets and
third-party, value-added applications.
▫ NYSE Euronext has majority ownership of NYSE BlueSM, which has an
exclusive focus on environmental and sustainable energy markets. It
builds and manages Environmental Markets Exchanges, Infrastructure
and Market Based Solutions in response to the world's economies
shaping their environmental initiatives
21. NYSE NEW YORK STOCK EXCHANGE
• On May 17, 1792, twenty-four stockbrokers gathered
outside 68 Wall Street under a buttonwood tree to
sign an agreement that would establish the rules for
buying and selling bonds and shares of companies.
The Buttonwood Agreement, as it is known, is so
named because the tree served as the regular
meeting place for these pioneers of Wall Street. The
signers of the Buttonwood Agreement drafted their
first constitution on March 8th, 1817, and named
their nascent organization the New York Stock &
Exchange Board.
