Page 2 - Eric Litvack News Today : Breaking News, Live Updates & Top Stories | Vimarsana

<p>Good morning, everyone.</p> <p>It&rsquo;s great to be back in Chicago again, a city that is truly steeped in financial history. It&rsquo;s here that the Chicago Board of Trade introduced the first standardized futures contracts in 1865, a big step on the path to the development of modern derivatives markets. It&rsquo;s also here that the Chicago Butter and Egg Board, a forerunner of CME Group, was founded in 1898, reinforcing Chicago as a focal point for the trading and risk management of commodities.</p>

Although an ESMA report has helped dispel fears of excessive speculation in the trading of emissions allowances, some form of position limits regime is likely in the near future

Although an ESMA report has helped dispel fears of excessive speculation in the trading of emissions allowances, some form of position limits regime is likely in the near future

Clearinghouses are demanding higher margins as prices move against positions.

<p><span>ISDA today announced that two new directors have joined its Board, while 11 others have been re-elected.</span></p>