AFM News

Buenos Aires, April 2017.- After the signing of the interconnection agreement between ROFEX and MATba last January 4, 2017, the technical teams of both markets continue working to implement the integrated trading, which will begin next month. From that moment on, ROFEX´s Agents will be able to trade MATba´s Soybean contracts and MATba´s Agents will be able to trade ROFEX´s US dollar futures. The rest of the products will be incorporated in the following weeks and it is estimated that in 60 days the integrated trading of Argentine futures will be complete.

The joint efforts and actions regarding connectivity of platforms and their interfaces, product standardization and synchronization of clearing and settlement processes, are advancing in accordance with the agreement.

Thus, the long-standing wish of having access to all Argentine futures and options in a unified and simple manner will come true for many generations of intermediaries and participants of futures markets in Argentina.

Together, the markets have more than 200 agents and a high potential of product complementation, aiming at synergy between both institutions and the consolidation of futures and options markets in Argentina as an effective tool for hedging against price fluctuations. 

Representing the AFM, Paul Constantinou chaired the Emerging Markets stream at the 2017 World Exchange Congress. The focus of the stream was the Indian market and more generally innovation in commodity derivatives.

The stream opened with a discussion of the developments in the Indian market. First up was Nehal Vora, Chief Regulatory Officer of Bombay Stock Exchange who gave an isight into the technology developments being made for Surveillance and Compliance at the BSE.

Parveen Kumar Singhal, President Multi Commodity Exchange of India followed and talked about the evolution of derivatives in India and highlighted the position of the now reformed MCX in the market.

Finally Edward Woodford co-founder of Seed Commodities eXchange Chicago looked at the challenges that need to be overcome by innovators in the global commodities markets. This combined a broad view of the hurdles, regulatory and otherwise, faced in the USA interlaced with the Seed Commodities story.

This event, jointly organized by MATba and ROFEX, was held on March 9 and 10, 2017 at the Buenos Aires Grain Exchange and the Rosario Board of Trade, respectively. For two days, the cities of Buenos Aires and Rosario hosted futures industry specialists, officials and authorities from markets based around the world for discussions on the current state of the global market…

More

There are two more weeks left before AFM member and partner organisations gather in Argentina to celebrate the Association's 20th anniversary. The first day of the conference takes place in Buenos Aires with the host being MATba, AFM's founding member. Delegates will travel onto Rosario to enjoy the fantastic hospitality of ROFEX and to conduct the second conference day in the capital city of Sante Fé. We hope to meet as many of our members and partners on this special occassion. For more details please visit: http://www.afmorg.net/conferences/20th-anniversary-conference

According to the report from IME’s International Affairs and PR, during the ceremony of signing 4 MOUs between Tehran and Jakarta held in Iran chamber of commerce, industries, mines and agriculture (ICC) and attended by Hasan Rouhani, President of Iran, and Joko Widodo, President of Iran, Iranian and Indonesia private sectors signed 8 MOUs, one which was between IME and ICDX.

The meeting was attended by Presidents of the Chamber of Commerce of two countries, Megain Widjaja, the CEO of ICDX, Nursalam, CEO of Indonesia Clearing House, Hamed Soltaninejad, CEO of IME, a MoU was signed between IME and ICDX. The MoU was signed in order to create‎ a mechanism for long-term co-operation by developing channels of communication to foster the continuing relationship between the Parties for the benefit of the respective financial services industries in both Iran and Indonesia as well as to assist in the maintenance of orderly financial markets in each country, and accordingly have reached this understanding

AFM 20th Anniversary Annual Conference takes place on March 9-11, 2017 Argentina hosted by MATba in Buenos Aires and by ROFEX in Rosario.  For more information see:http://www.afmorg.net/conferences/20th-anniversary-conference

In 2016, Taiwan Futures Exchange (TAIFEX) continued to launch new products in order to meet maket demands and expand its product suite. F orFmore information please refer to the following press release.

December 2016

AFM congratulates its two member organisations (KELER CCP and BRM) for their partnership. See attached press release.

September 14, 2016

Patrick J. Kenny of CQG was elected as a member of AFM's Executive Board on April 18, 2016 replacing Paul Constantinou formerly with Trayport.

AFM is proud to list the Thailand Futures Exchange and the Nepal Mercantile Exchange as new members of the Association.

April 18, 2016

AFM organises its 19th Annual Conference on April 18-19 in Istanbul. The event is hosted by Borsa Istanbul. The conference will feature panel discussions on the host country, commodity derivatives (agriculturals and oil/gas), regional cooperation and islamic finance. For more information please visit:

http://www.afmorg.net/conferences/2016-annual-conference

Please join us in Istanbul!

March 7, 2016

The Swiss Futures & Options Association (SFOA) today announced a change of name to the International Commodities and Derivatives Association (ICDA). The change has been made to support the latest requirements of the Association's members, who include global brokers, bankers, investment fund managers, commodities trading firms, market information providers and service companies, as well as exchanges and clearing houses. From now, ICDA is also accepting individual members for the first time in its long history.

To see the full press release: Press release

February 15, 2016

Read Press Release

February 1, 2016

National Bank of Hungary acquired shares of the Budapest Stock Exchange. New management at the Stock Exchange. Please read relevant Press Release.

December 16, 2015

 

Minsk played the host organisation to the annual General Meeting of IAE CIS. The event gathered top managers of 15 largest exchanges from 6 countries as well as representatives of the Eurasian Economic Commission. Valentin Chekanov, Minister of Trade of Belorussia, Arkady Salikov BUCE Chairman and Alexei Kuprin, IAE CIS Executive Director opened the meeting.

November 2, 2015

More

 

Dalian Commodity Exchange and Bursa Istanbul sign MoU

Dalian Commodity Exchange (DCE) and Borsa İstanbul signed a memorandum of understanding (MoU) on October 23 in Istanbul, Turkey, with an aim to seek to cooperate in information sharing, product promotion and staff exchange.

DCE Chairman Li Zhengqiang said that DCE had been attaching high importance to globalization and opening-up. The “One Belt and One Road” strategy of the Chinese Government provides a new opportunity for cooperation among all the relevant exchanges.

More

VIOP launches its first interest rate product: Overnight Repo Rate Futures

More

September 22-23, 2015, Geneva

More

  • Kristian Schach Möller, CEO, Agricultural Commodity Exchange for Africa (ACE) Malawi;
  • Muammer Cakir, Head, Derivatives Market - VIOP, Borsa Istanbul, Turkey;
  • Chris Sturgess, Director, Commodities, JSE, South Africa;
  • Ismael Caram, Deputy CEO, Rosario Futures Exchange, Argentina;
  • Patrick Kenny, SVP Client Relationships, CQG
  • Louisjan Bonthuys, STT

Please download summary of the panel discussion here.