News Centre

FERC Proposes To Revise Offer Caps In Regional Wholesale Electric Markets

Date 21/01/2016

The Federal Energy Regulatory Commission (FERC) today took another step to ensure that price formation in competitive wholesale electricity markets produces just and reasonable rates with a proposal to revise the $1,000 per megawatt-hour (MWh) cap on supply offered in day-ahead and real-time markets run by regional transmission organizations and independent system operators.

Canadian Securities Regulators Seek Comment On Rules Protecting Customer Collateral For Cleared Derivatives

Date 21/01/2016

Members of the Canadian Securities Administrators (CSA) today published for comment Proposed National Instrument 94-102 Derivatives: Customer Clearing and Protection of Customer Positions and Collateral and its companion policy (the proposed instrument) for a 90-day comment period. The proposed instrument sets out requirements for the treatment of customer collateral, record-keeping and disclosure for clearing intermediaries and regulated clearing agencies providing clearing services for over-the-counter (OTC) derivatives.

ISDA Interest Rate Derivatives Market Analysis: 67% Of Notional Cleared - Compression Reduces Market Size By 62%

Date 21/01/2016

Clearing and portfolio compression are having an increasingly significant effect on the interest rate derivatives (IRD) market, with more than two-thirds of IRD notional outstanding now cleared and compression reducing the size of the market by approximately 62%, according to new research published today by the International Swaps and Derivatives Association, Inc. (ISDA). 

CalPERS CEO Anne Stausboll To Retire At Fiscal Year-End After More Than 7 Years

Date 21/01/2016

Anne Stausboll, Chief Executive Officer (CEO) for the California Public Employees' Retirement System (CalPERS), today announced she will retire as the head of the nation's largest public pension fund on June 30, 2016.

Q4 2015: SIX Swiss Exchange Bonds Quarterly Statistics

Date 21/01/2016

World Economic Forum Annual Meeting, Davos: China’s Economy Is On Track, Assures Vice-President Li

Date 21/01/2016

• China’s shift in focus from speed to quality in economic growth is progressing well, with consumption accounting for 66% of last year’s 6.9% GDP growth 
• The momentum will be maintained through continuing reforms, high-tech innovation and entrepreneurship, particularly by young people
• As chair of the G20 this year, China will focus on innovating new growth models for the world economy and improving global economic and financial governance      

SEC: International Developments – Past, Present And Future, Keith F. Higgins, Director, Division Of Corporation Finance, Keynote Address At PLI – Fifteenth Annual Institute On Securities Regulation In Europe, London, England, Jan. 21, 2016

Date 21/01/2016

Thank you for your kind introduction and for inviting me to speak to you today. This is the second time I have had the pleasure of presenting the keynote address at this annual PLI conference in London and I am grateful for the opportunity to speak to you again.

ABN AMRO Clearing Announces 5 Finalists In The AIF Factor 2016 Competition

Date 21/01/2016

Five alternative investment funds have been selected, by a jury panel consisting of industry experts, to compete inThe AIF Factor on February 17th, 2016 during the Amsterdam Investor Forum (AIF), organised by ABN AMRO Clearing. In a 3 minutes pitch the funds will present their strategy and delegates as well as the jury will cast their votes to elect the “AIF Factor Winner for 2016”.

SEC: Opening Remarks To The Investor Advisory Committee, Chair Mary Jo White, Jan. 21, 2016

Date 21/01/2016

Good morning and thank you all for being here.  Happy New Year.  I would like to take a moment at the outset to welcome the newest member of the Investor Advisory Committee, Susan Wyderko.  Susan is now the President and CEO of the Mutual Fund Directors Forum and previously served at the Commission in several senior capacities for many years—including as director of the Office of Investor Education and Assistance—an experience that will also be very useful for this committee.  So thank you, Susan, for your willingness to serve.

Tel Aviv Stock Exchange Trading Summary: January 17-21, 2016

Date 21/01/2016

• Trading on the Tel Aviv Stock Exchange in the third trading week of 2016 was ended with declines in all the major share indices;  
• Bank Leumi is expected today to make a huge bond issue, including for the first time COCO-type bonds of up to US$ 260 million, and an expansion of an existing series of up to US$ 970 million, the largest ever in the history of the TASE; 
• BlackRock launched first ETF on the TA-25 Index