News Centre

Eurex And GMEX Cooperate In Swap Futures Trading And Clearing - GMEX Granted UK FCA Approval - Interest Rate Swap Future With Innovative Product Design

Date 11/12/2014

Global Markets Exchange Group Limited (GMEX), a wholly owned subsidiary of Global Markets Exchange Group International LLP (GMEX Group), and the international derivatives market Eurex today announced the signing of a license agreement. Eurex will license GMEX’s Euro-denominated Constant Maturity Future (CMF) for trading via Eurex’s Multilateral Trade Registration (MTR) service and clearing on Eurex Clearing.

CME Group Inc. Declares Annual Variable Dividend Of $2.00 Per Share

Date 11/12/2014

CME Group Inc. (NASDAQ: CME) today declared its annual variable dividend, amounting to $2.00 per share.  The dividend is payable January 13, 2015, to shareholders of record on December 29, 2014.  When CME Group adopted its annual variable dividend structure in February 2012, the intention was to determine the excess cash available at the end of each year, with the level to increase or decrease from year to year based on operating results, potential investment activity and other forms of capital return. 

Dalian Commodity Exchange, Orient Futures Launch Agricultural Products Index

Date 11/12/2014

On November 28, the “SOF-DCE agricultural products index” jointly developed by Dalian Futures Information Technology Co., Ltd. (DFITC), a subsidiary of Dalian Commodity Exchange (DCE), and Shanghai Orient Futures Co., Ltd. (SOF) was officially launched in Shanghai, and in the future, the index will be positioned as an underlying index for domestic commodity futures ETF products, whose issuance resulted in a new leading indicator for DCE’s agricultural futures products.

NYDFS Issues Examination Guidance To Banks Outlining New Targeted Cyber Security Preparedness Assessments - DFS-Regulated Banks To Be Examined Based On Cyber Security Protocols, Governance, Third-Party Vendor IT Security, Other Issues - Targeted Cyber Security Assessments Will Be Integrated As Ongoing, Regular Part Of DFS Exam Process

Date 10/12/2014

Benjamin M. Lawsky, Superintendent of Financial Services, today issued an industry guidance letter to all New York State Department of Financial Services (DFS)-regulated banks outlining the specific issues and factors on which those institutions will be examined as part of new targeted, DFS cyber security preparedness assessments. These banks will be examined on their protocols for the detection of cyber breaches and penetration testing; corporate governance related to cyber security; their defenses against breaches, including multi-factor authentication; the security of their third-party vendors, and a number of other issues.

Former CEO Of TierOne Bank Charged In Scheme To Defraud Bank’s Shareholders And Mislead Regulators

Date 10/12/2014

The former Chief Executive Officer of TierOne Bank, a publicly traded commercial bank formerly headquartered in Lincoln, Nebraska, was charged today for his role in a scheme to defraud TierOne’s shareholders and mislead regulators by concealing the declining value of its loan and real estate portfolio.  Earlier this week, the former President and Chief Operating Officer pleaded guilty for his role in the scheme.

SIFMA Recommends Early Market Close On December 24 And Full Market Close On December 25 For Trading Of US Dollar-Denominated Fixed-Income Securities In the US In Observance Of The Christmas Holiday - SIFMA Recommends A Market Open On December 26

Date 10/12/2014

IFMA has confirmed its previous recommendations for an early close at 2:00 p.m., EST, on Wednesday, December 24 and a full market close on Thursday, December 25 and for the trading of US dollar-denominated fixed-income securities in the US in observance of the Christmas Holiday. SIFMA's holiday recommendations are not impacted by the recent Executive Order that names December 26 a holiday for most federal workers.  SIFMA is recommending, consistent with past practice in such circumstances, that the market open on Friday, December 26.  

Remarks To The ICI 2014 Securities Law Developments Conference, Norm Champ, Director, SEC Division Of Investment Management, Washington, D.C., Dec. 10, 2014

Date 10/12/2014

Introduction

Good morning everyone, and thank you, David, for that kind introduction and for inviting me to speak here today. Before I begin, let me remind you that the views I express are my own and do not necessarily reflect the views of the Commission, any of the Commissioners, or any other colleague on the staff of the Commission.

TradingScreen And Mainstream BPO Join Forces To Offer Full Straight Through Processing Fund Platform For Asia Pacific Managers

Date 10/12/2014

TradingScreen Inc., the leading independent provider of liquidity, trading and investment technology via SaaS, and MainstreamBPO Pty Ltd, a leading independent fund administrator in Asia-Pacific, have signed a partnership agreement to connect their systems to provide their common clients with front to back fund servicing.

FINRA Names New Floor Member Governor

Date 10/12/2014

The Financial Industry Regulatory Authority (FINRA) has named Joseph M. Mecane as the Floor Member Governor on FINRA's Board of Governors. Mr. Mecane is currently a Managing Director of Electronic Equities and Credit Products at Barclays. Mr. Mecane recently joined Barclays to assist in the further development of the firm's electronic product offering, with a particular focus on the equities and credit markets.

CBOE Enters Into Agreement With MSCI Inc. To List Index Options

Date 10/12/2014

• In U.S., MSCI Index Options to Be Solely Listed on CBOE
• Options Expected to Launch in First Quarter of 2015