News Centre

Statement Of U.S. Commodity Futures Trading Commissioner Sharon Bowen Regarding Trading Practices On SEFs

Date 23/04/2015

Commissioner Sharon Bowen of the Commodity Futures Trading Commission issued the following statement on the subject of the practice of name-give-up on Swap Execution Facilities (SEFs):

I was pleased to see the Chairman’s statement regarding greater anonymity on SEFs in his speech today. I have not heard a compelling justification for post-trade name-give-up in my many discussions with market participants regarding SEFs. In fact, the subject of whether trading on SEFs should be anonymous was raised earlier this month at the first meeting of the Market Risk Advisory Committee, and I believe there is broad support for ending the practice of post-trade name-give-up on SEFs.

Amman Stock Exchange: The Companies’ First Quarter Reports For The Year 2015

Date 23/04/2015

The Chief Executive Officer (CEO) of the Amman Stock Exchange (ASE) Mr. Nader Azar, said that   the ASE is still receiving the quarterly reports of the period ending in March 31, 2015, from all companies listed at the ASE which have been reviewed by their auditors.

SGX: Announcement Pursuant To Rule 7031 Of The Listing Manual

Date 23/04/2015

SGX Statement Issued on 22 April 2015

Statement Of CFTC Commissioner Mark Wetjen On The Guidance On Financial Resources For Swap Execution Facilities And Other Recent No-Action Relief

Date 23/04/2015

“I am pleased that Commission staff has issued this guidance on financial resources for swap execution facilities (SEFs), as well as other recent no-action relief, and I applaud Chairman Tim Massad for moving relief for SEFs forward,” said CFTC Commissioner Mark Wetjen.  “As I have stressed before, I believe that the Commission should take more steps to fulfill Congress’ instruction to promote the trading of swaps on SEFs.  I hope that the Commission will consider revising or clarifying its rules in order to provide more meaningful and certain relief to SEFs.” 

ACER Presents Progress On Common Gas Rules At The Madrid Forum

Date 23/04/2015

In the frame of The Madrid Forum, which took place on 20 and 21 April, ACER reaffirmed its appreciation for the European Commission’s Energy Union communication as an opportunity to move EU energy policy into a higher gear to address common challenges. In this context ACER presented the progress made with regard to the Gas Target Model and supported cross-border cooperation under the regional initiatives. ACER actively took part in the debates on the network codes also addressed by the Forum. 

CFTC’s Division Of Market Oversight Issues Guidance For Swap Execution Facilities On The Calculation Of Projected Operating Costs

Date 23/04/2015

The U.S. Commodity Futures Trading Commission’s (Commission) Division of Market Oversight (DMO) today issued Guidance to Swap Execution Facilities (SEF) regarding the calculation of projected operating costs for purposes of complying with the financial resource requirements under SEF Core Principle 13 and Commission Regulation 13.1303. This guidance follows two no-action letters providing relief in connection with erroneous swap trades and swap trade confirmations DMO issued yesterday (April 22, 2015).[See CFTC Press Release 7158-15]

EnterNext Invites Seven Innovative Companies To Present Their Business To Connected Technology Investors And Analysts

Date 23/04/2015

EnterNext, the Euronext subsidiary dedicated to promoting and growing the market for SMEs[1],is organising its first EnterNext Pitch Tech Day on Friday, April 24. The event brings together entrepreneurs, investors and analysts to exchange views and gain fresh insights into innovative companies and their various activities. This first edition of Pitch Tech Day is dedicated to connected technologies.

Remarks Of CFTC Chairman Timothy Massad Before The ISDA 30th Annual General Meeting

Date 23/04/2015

Thank you for inviting me today, and I thank Eric for that kind introduction. It’s a pleasure to be here.

ISDA: End Users Seeing Fragmentation, Reduced Liquidity And Higher Costs For Derivatives

Date 23/04/2015

More than half of derivatives end users think markets are fragmenting along geographic lines as a result of regulatory change, and a majority of those think this is having a negative impact on their ability to manage risk, according to a new survey published today by the International Swaps and Derivatives Association, Inc. (ISDA).

Fidessa Named Best Sell-Side Front-Office Execution Platform

Date 23/04/2015

Fidessa group plc (LSE: FDSA) today announced that its sell-side trading platform has been named Best Sell-Side Front-Office Execution Platform at the third annual Sell-Side Technology Awards, hosted by Waters Technology magazine. These awards recognize the leading technologies and third-party vendors in the sell-side financial technology arena.