News Centre

Foreign Financial Companies Eligible To Be Clearing Members On Moscow Exchange's FX Market

Date 05/12/2014

Moscow Exchange introduced its new General Clearing Member concept for the FX Market on 1 December 2014. This means Russian and foreign regulated financial companies are able to provide clearing services to brokers and other banks, companies and individuals trading on the FX Market. 

SGX: The Emergence Of Low-Grade Iron Ore Derivatives

Date 05/12/2014

• The correlation between high and low-grade iron ore prices has declined this year amidst a wave of low-grade supply growth. This has led to higher basis risk for market participants hedging lower grade seaborne cargoes.
• While the existing 62% Fe price is likely to remain the primary benchmark iron ore price, the importance of a supplementary lower grade iron ore benchmark price is rising. Lower grade iron ore now accounts for about a quarter of the overall seaborne market.
• BHP Billiton’s Yandi fines, one of the most established low-grade iron ore brands, is priced off Metal Bulletin’s premium 58% Fe index. The lower correlation between high and low-grade iron ore prices coupled with greater lower grade volumes in the market should drive more low-grade brands to transition to a 58% Fe index moving forward.
• SGX will launch two new 58% Fe derivative products in early 2015 (based on Metal Bulletin and TSI low-alumina 58% Fe indices, respectively), supplementing our existing iron ore products which have seen volume growth at a CAGR of 138% over the past four years. Further, with a 60% margin offset available between the 62% Fe and 58% Fe contracts, this will enable capital-efficient spread trading opportunities across both contracts.

Quayle Munro Announces Investment In Idio

Date 05/12/2014

Quayle Munro is pleased to announce it has made an investment in idio, the leading Content Intelligence platform, as part of a $6.2 million funding round. This funding follows an earlier round of $2.3m in April 2013, bringing total investment to $8.5m.

Bondcube Granted European Regulatory Approval - U.K. Financial Conduct Authority (FCA) Approval Passported To 31 Countries

Date 05/12/2014

Bondcube, the Fixed Income trading platform specifically focused on solving the liquidity problem in large and illiquid bond trades, is pleased to announce that it has been granted approval to deliver its platform in 31 countries in Europe, with immediate effect.

SGX Expands Access Into Southeast Asia With New Index Futures

Date 05/12/2014

Singapore Exchange (SGX) today announced the expansion of its Southeast Asian equity derivatives suite with the introduction of the SGX MSCI Malaysia Index Futures contract.  This new Index Futures, which covers a total of 43 component stocks from Malaysia, will commence trading from 9 February 2015. The SGX MSCI Malaysia Index Futures has also been certified by the U.S. Commodity Futures Trading Commission and can be directly offered and traded in the U.S. from launch.

KVH And Cyan Recognized For Carrier Ethernet Project Of The Year In Telecom Asia Readers’ Choice & Innovation Awards

Date 05/12/2014

KVH Co., Ltd., Asia’s leading information delivery platform headquartered in Tokyo, Japan, announced today that the company, together with its technical partner, Cyan (NYSE: CYNI), has won the Carrier Ethernet Project of the Year award in this year’s Telecom Asia Readers’ Choice & Innovation Awards.

CFTC Announces Agenda For Upcoming Agricultural Advisory Committee Meeting - U.S. Department Of Agriculture Secretary Tom Vilsack To Present On The State Of The Agriculture Economy

Date 04/12/2014

The U.S. Commodity Futures Trading Commission (CFTC) announced today the agenda for the upcoming Agricultural Advisory Committee (AAC) meeting on Tuesday, December 9, 2014 at 10:00 a.m., at its headquarters in Washington, DC. The agenda includes USDA Secretary Tom Vilsack, who will present on the state of the agriculture economy. For information about the meeting, including attending, viewing and listening instructions, see CFTC News Release 7061-14.

Remarks Before The Consumer Federation Of America’s 27th Annual Financial Services Conference, SEC Commissioner Kara M. Stein, Washington, D.C., Dec. 4, 2014

Date 04/12/2014

Thank you, Barbara [Roper], for that kind introduction. 

[As written] I am absolutely delighted to be here with all of you today.  What an honor it is to be among such passionate advocates for consumers.  Through your leadership and advocacy, American consumers have a strong, robust voice that helps ensure a balanced debate on issues that are important to them.  And through Consumer Federation of America’s work on the America Saves campaign, consumers have access to tools that will help them save money, reduce debt, and build wealth.  Your work is vitally important to consumers, and particularly to consumers as investors.  And investors are what we are all about at the SEC and the focus of everything we do.  

U.S. Assistant Attorney General Leslie R. Caldwell Speaks At Cybercrime 2020 Symposium, Washington, DC, United States ~ Thursday, December 4, 2014

Date 04/12/2014

Good morning and welcome to the Criminal Division’s inaugural symposium on cybercrime.  Before we start, I would like to thank Dean Treanor and the Georgetown Law Center for being such gracious partners in planning and holding this event.  

SIFMA Issues 2015 Municipal Bond Issuance Survey - Forecast Shows $357.5 Billion In Issuance For 2015

Date 04/12/2014

SIFMA today released its 2015 Municipal Bond Issuance Survey. Compiled from responses provided by large and regional municipal bond underwriters and dealers, the report forecasts what type of activity is expected in the municipal securities market in 2015.