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LME lags rival exchanges as battery metals trading gains momentum

ANALYSIS-LME lags rival exchanges as battery metals trading gains momentum CME Group leads LME in lithium and cobalt trading volumes LME's complex structure hinders growth Lithium hedging expected to triple by 2030, says Benchmark By Eric Onstad LONDON, Sept 29 (Reuters) - The London Metal Exchange is being left behind in the race to dominate trade in metals used for EV batteries such as lithium and cobalt as other exchanges gain momentum, capitalising on a shift from annual fixed-price contract
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US Gulf Coast oil prices to take center stage as exports dominate

ANALYSIS-US Gulf Coast oil prices to take center stage as exports dominate Significance of Cushing waning as output heads to Gulf Coast Record trading volumes on Houston contracts Liquidity along Gulf Coast to boost hedging, arbitrage opportunity Cushing stocks near operational low By Arathy Somasekhar HOUSTON, Sept 27 (Reuters) - Rising U.S. crude oil exports are boosting the prominence of Gulf Coast price benchmarks and buoying trading volumes on Houston contracts, eroding the significance of
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U.S. Albemarle, Nasdaq, Salesforce

U.S. RESEARCH ROUNDUP-Albemarle, Nasdaq, Salesforce Sept 27 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Albemarle, Nasdaq and Salesforce, on Friday. HIGHLIGHTS * Agios Pharmaceuticals Inc AGIO.O : Leerink Partners cuts to market perform from outperform * Albemarle ALB.N : Jefferies cuts target price to $120 from $124 * Dollar General Corp DG.N : Citigroup cuts to sell from neutral * Nasdaq Inc NDAQ.O : RBC initia
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U.S. Cintas, Nasdaq, Talen Energy

U.S. RESEARCH ROUNDUP-Cintas, Nasdaq, Talen Energy Sept 26 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S.-listed companies, including Cintas, Nasdaq and Talen Energy, on Thursday. HIGHLIGHTS * Celldex Therapeutics Inc CLDX.O : Wells Fargo raises to overweight from equal weight * Cintas Corp CTAS.O : JP Morgan raises target price to $228 from $212.50 * Expedia Group Inc EXPE.O : TD Cowen cuts to hold from buy * Nasdaq Inc NDAQ.O : TD Cowen init
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Derivatives exchanges dip after Fed lowers interest rates

BUZZ-Derivatives exchanges dip after Fed lowers interest rates ** Shares of U.S. derivatives exchange operators fall after Federal Reserve cuts interest rates by half a percentage point ** CME CME.O and Cboe Global CBOE.Z down ~1% each ** While lower rates encourage IPOs and boost trading, they also reduce demand for hedging products such as deriva
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