News Centre

Thomson Reuters/University Of Michigan: Consumer Sentiment Highest In Eight Years

Date 23/12/2014

Consumer confidence reached its most favorable level in the December 2014 survey since the last cyclical peak was set in January 2007. The gains over the past several months have been primarily due to improving job and wage prospects, and more recently, to falling gasoline prices. Consumers held the most favorable long-term prospects for the national economy in the past decade. Importantly, the 2014 gains in jobs and wages were widespread across all population subgroups and regions. Overall, the data point toward a gain of about 3.0% in real consumer expenditures during 2015.

South Carolina Federal Court Enters Judgment Against Robert Stanley Harrison For Commodity Pool Fraud

Date 23/12/2014

The U.S. Commodity Futures Trading Commission (CFTC) today announced that Magistrate Judge Jacquelyn D. Austin of the U.S. District Court for the District of South Carolina entered a Consent Order for Permanent Injunction resolving charges against Robert Stanley Harrison of Easley, South Carolina, for operating a fraudulent futures and off-exchange foreign currency pool scheme called Investors Choice Advisors LLC(ICA).

IMF Executive Board Modifies SDR Interest Rate Basket

Date 23/12/2014

On December 22, 2014, the Executive Board of the International Monetary Fund (IMF) decided to replace the three-month Eurepo rate as the euro component of the SDR interest basket with the three-month spot rate for euro area central government bonds with a rating of AA and above published by the European Central Bank (click link for details about the interest rate and the estimation method). This decision was taken in view of the upcoming discontinuation of the Eurepo rate as of December 31, 2014. The change in the SDR interest rate basket will be effective as of January 1, 2015 and will apply for the first time to the calculation of the weekly SDR interest rate for the interest rate period starting on Monday January 5, 2015.

OneChicago: OCXdelta1 Connection Fees-Reminder

Date 23/12/2014

On October 20, 2014 OneChicago launched its new proprietary matching and reporting platform: OCXdelta1. As stated in the User Agreement, firms are obligated to pay monthly fees to access OCXdelta1.

ESMA - Holiday Closure From 23 December To 5 January 2015

Date 23/12/2014

The European Securities and Markets Authority (ESMA) will be closed from 23 December and will reopen on Monday 5 January 2015.

RBS: Update On Accountability Review

Date 23/12/2014

Following the recent settlement with regulators in relation to failings in the bank’s Foreign Exchange business, RBS announced that it was undertaking a robust and widespread accountability review.

Bucharest Stock Exchange: Premium And Standard Tiers Will Replace From January 5, 2015, The I, II And III Tiers On The Regulated Market Operated By BVB

Date 23/12/2014

Bucharest Stock Exchange (BVB) announces that starting January 5, 2015, will come into force a new market segmentation, by replacing the I, II and III Tiers with the Premium and Standard Tiers. The Financial Supervisory Authority (FSA) recently approved the proposals to amend BVBs’ regulations, so the new concept, which takes into account the liquidity of the shares or the potential liquidity, on principles similar to those of BVBs’ indices system, can be implemented.

Aiming Higher – Crowdfunding Powers UK’s First “Combined IPO” To Successful Stock Market Listing

Date 23/12/2014

• Pioneering real estate investment trust lists on the London Stock Exchange after raising capital through the SyndicateRoom crowdfunding platform
• It’s the first time an IPO has harnessed investment from both crowdfunding investors and institutional buyers
• Shares in the Mill Residential REIT are now trading on AIM

CPMI And IOSCO Issue An Assessment Methodology For The Oversight Expectations Applicable To Critical Service Providers

Date 23/12/2014

The Committee on Payments and Market Infrastructures (CPMI) and the International Organization of Securities Commissions (IOSCO) have today published the Assessment methodology for the oversight expectations applicable to critical service providers.

OneChicago December 2014 Holiday Schedule

Date 23/12/2014

In observance of the upcoming Holidays, OneChicago will follow the schedule below, which is consistent with U.S. equity markets.