News Centre

CFTC Staff Issues No-Action Letter Providing Relief to Entities Operating Insurance-Linked Securities Issuers

Date 19/12/2014

The U.S. Commodity Futures Trading Commission’s (Commission) Division of Swap Dealer and Intermediary Oversight (DSIO) issued a letter that provides no-action relief to entities operating issuers of insurance-linked securities (ILS Issuer) subject to specific conditions.

Agencies Release Annual CRA Asset-Size Threshold Adjustments For Small And Intermediate Small Institutions

Date 19/12/2014

The federal bank regulatory agencies today announced the annual adjustment to the asset-size thresholds used to define small bank, small savings association, intermediate small bank, and intermediate small savings association under the Community Reinvestment Act (CRA) regulations.

CFTC Commitments Of Traders Reports Update

Date 19/12/2014

The current reports for the week of December 16, 2014 are now available.

Bermuda Stock Exchange Will Be Closed For The Festive Holidays

Date 19/12/2014

The Bermuda Stock Exchange (“BSX”) advises that the BSX will close the Local Market at 2 p.m. on Wednesday, 24 December, 2014, before closing for the Public Holidays on:

1. Christmas Day, Thursday, 25 December, and Boxing Day, Friday, 26 December, 2014, and will re-open on Monday, 29 December, 2014; &
2. New Years Day, Thursday, 01 January, 2015, and will re-open on Friday, 02 January, 2015.

BGC Increases All-Cash Tender Offer To Acquire GFI Group To $5.45 Per Share - BGC's All-Cash Offer Is Plainly Superior To CME's Stock And Cash Offer - Minimum Tender Condition Reduced To 45% Of GFI Shares - BGC Prepared To Close Upon Completion Of Tender Offer

Date 19/12/2014

BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "the Company," or "BGC"), a leading global brokerage company primarily servicing the financial and real estate markets, today announced that it has increased its fully financed, all-cash tender offer to acquire all of the outstanding shares of GFI Group Inc. (NYSE: GFIG) ("GFI Group" or "GFI") to $5.45 per share. 

OCC Reports Third Quarter Trading Revenue Of $5.7 Billion

Date 19/12/2014

Insured U.S. commercial banks and savings institutions reported trading revenue of $5.7 billion in the third quarter of 2014, down $0.7 billion, or 11 percent, from $6.4 billion in the previous quarter, the Office of the Comptroller of the Currency (OCC) reported today.

WSE Opens Public Consultations On Draft Amendments To Best Practices Of WSE Listed Companies

Date 19/12/2014

• Public consultations on the draft amendment of the Best Practices of WSE Listed Companies are open
  
• The consultations are addressed to a large group of capital market participants
  
• The draft includes the key corporate governance matters in the European Union
  
• The consultations are open until the end of February 2015

TOM MTF Statistics Week 51, 2014

Date 19/12/2014

This week on TOM MTF a total of 826,818 equity and index option contracts were traded resulting in a 34% TOM MTF market share. The highest weekly turnover in TOM’s history was recorded, surpassing the previous record.

EEX Adjusts Auction Calendar For 2015 – Croatia To Join Auctions On The Common EU Auction Platform

Date 19/12/2014

The European Energy Exchange (EEX) has admitted Environmental Protection and Energy Efficiency Fund as auctioneer for Croatia. As a result, Croatia fulfills all requirements for the participation in the emissions auctions on the common EU auction platform. As a result, EEX will auction emission allowances on behalf of Croatia from the beginning of 2015.

Edify Debuts On The Luxembourg Stock Exchange - Listing Strengthens The Position Of Luxembourg As A Leading Venue For Investment Companies

Date 19/12/2014

The Luxembourg Stock Exchange (LuxSE) welcomed today the listing of Edify S.A., a Luxembourg-based investment company with a market capitalisation of EUR 243 million.