News Centre

SIFMA Asset Management Group Joins Symbology Project

Date 17/09/2015

SIFMA’s Asset Management Group (AMG) has joined the International Swaps and Derivatives Association in the new industry symbology project aimed at developing an open-source standard derivatives product identification system for pre-trade, trading and post-trade workflows. The AMG Derivatives Clearing Standardizations Working Group has been developing a positional identifier for cleared derivatives since early 2014, bringing together asset managers, custodians, CCPs, SEFs, and other service providers to propose operational standards to allow for more efficient trade processing for all involved parties in the cleared derivatives space.

Testimony Of US Treasury Under Secretary For International Affairs Nathan Sheets Before The House Financial Services Subcommittee On Monetary Policy And Trade

Date 17/09/2015

Chairman Huizenga, Ranking Member Moore, and Members of the Committee, thank you for the opportunity to testify today.  I appreciate the opportunity to discuss Treasury’s role in promoting global economic growth.

Remarks At The Bloomberg BNA Conference On Revenue Recognition, Wesley R. Bricker, SEC Deputy Chief Accountant New York, NY, Sept. 17, 2015

Date 17/09/2015

Introduction

Thank you for the kind introduction and the invitation to speak at today’s conference. But, before I continue, let me remind you that the views expressed today are my own and not necessarily those of the Commission, the individual Commissioners, or other colleagues on the Commission Staff.

Speech By European Commissioner Jonathan Hill At European Banking Federation, 2015 Annual High Level Conference, Brussels, 17 September 2015, European Commissioner For Financial Stability, Financial Services And Capital Markets Union, Keynote Speech - A Brave New World For Banks

Date 17/09/2015

Ladies and gentlemen,

This is a Commission that puts growth and jobs first.

It is a Commission that wants a strong and stable banking sector that is well led, where managers take responsibility. A banking sector that is able to compete internationally and respond to the challenges of a fast moving digital economy. A banking sector that complements - and is integral to - the Capital Markets Union I am working to build.

Direxion Launches Two New Leveraged ETFs Based On The ISE Cyber Security™ Index (Index Ticker: HXR)

Date 17/09/2015

ISE ETF Ventures announced that Direxion Investments has licensed the ISE Cyber Security Index (index ticker: HXR) as the basis for two new leveraged exchange-traded funds (ETFs) that will seek to achieve 200 percent, and 200 percent of the inverse, of the daily performance of the index. The funds launched yesterday on NYSE Arca.

Federal Reserve Board And Federal Open Market Committee Release Economic Projections From The September 16-17 FOMC Meeting

Date 17/09/2015

The attached table and charts released on Thursday summarize the economic projections and the target federal funds rate projections made by Federal Reserve Board members and Federal Reserve Bank presidents for the September 16-17 meeting of the Federal Open Market Committee.

Federal Reserve Issues FOMC Statement

Date 17/09/2015

Information received since the Federal Open Market Committee met in July suggests that economic activity is expanding at a moderate pace. Household spending and business fixed investment have been increasing moderately, and the housing sector has improved further; however, net exports have been soft. The labor market continued to improve, with solid job gains and declining unemployment. On balance, labor market indicators show that underutilization of labor resources has diminished since early this year. Inflation has continued to run below the Committee's longer-run objective, partly reflecting declines in energy prices and in prices of non-energy imports. Market-based measures of inflation compensation moved lower; survey-based measures of longer-term inflation expectations have remained stable.

French Delegation Visits Qatar Stock Exchange

Date 17/09/2015

A French delegation today visited Qatar Stock Exchange and met with the CEO and other Qatari Directors. The delegation consisted of H.E Mr. Eric Chevallier, Ambassador of France to the State of Qatar, Ms. Agathe Demarais, the Economic Advisor on Middle East Affairs at the French Ministry of Economy and Finance; and the Head of the Economic Department of the French Embassy.

Latest Issue Of FIA SEF Tracker Now Available

Date 17/09/2015

This issue shows average daily volume through July 2015 for interest rate, credit default and foreign exchange products. In the latest month, trading on swap execution facilities averaged $396.18 billion per day, down from June but up from a year ago. This issue also contains updated measures of SEF market share across all three asset classes, and an updated spreadsheet with weekly data on total volume traded on SEFs.

TMX Group Opens Trade Canada Series In New York

Date 17/09/2015

Today TMX Group kicks off its 2015 U.S. roadshow with a conference event in New York focused on current issues and opportunities in Canada's capital markets.