News Centre

CalPERS Signs Montreal Carbon Pledge To Measure, Disclose Carbon Footprint Of Investment Portfolio

Date 25/09/2014

The California Public Employees’ Retirement System (CalPERS) today signed the Montreal Carbon Pledge, committing to measure and publicly disclose the carbon footprint of its investment portfolio. The pledge was coordinated by the United Nations-supported Principles for Responsible Investment (PRI) at their annual conference in Montreal, Quebec.

BM&FBOVESPA And China Financial Futures Exchange Sign Memorandum Of Understanding

Date 25/09/2014

BM&FBOVESPA (BVMF) and China Financial Futures Exchange (CFFEX) announce they have agreed a memorandum of understanding (MOU) to enhance mutual understanding, promote bilateral support and facilitate development for both exchanges. The main scope of exchanges agreement covers information sharing, high level dialogue, training and staff exchange and business cooperation.

Trading Technologies Named “Trading System Of The Year, Buy-Side” At FOW Asia Awards - MultiBroker Solution Among Offerings That Set TT Apart In Asia/Pacific Region

Date 25/09/2014

Trading Technologies International, Inc. (TT), a provider of high-performance professional trading software, was awarded "Trading System of the Year, Buy-Side" by FOW magazine at the FOW Asia Awards today in Singapore. This marks the third consecutive FOW Asia Award for TT, after winning "Best New Product, Connectivity" last year and “Professional Traders ISV of the Year” in 2012.

OIC Announces Investor Eduction Day In The Chicagoland Area October 11

Date 25/09/2014

The Options Industry Council (OIC) today announced that its third Investor Education Day (IED) for 2014 is taking place in Rosemont, IL on October 11.

Egyptian Exchange Issued Its First Follow-Up Report On Its Strategic Plan

Date 25/09/2014

In a move reflecting The Egyptian Exchange (EGX) commitment to institutional work and governance, EGX board discussed in its meeting held today EGX strategy (2013-2017) implementation follow up report to ensure its compatibility and commitment to achieve the preset goals. This came as per the EGX development plan which includes shifting from traditional management to management by objectives.

CFTC Orders Absa Bank, Ltd. To Pay $150,000 Civil Monetary Penalty For Unlawfully Executing Prearranged, Noncompetitive Trades On The CBOT - Absa Bank And Previously Sanctioned FirstRand Bank, Ltd. Prearranged Noncompetitive Corn And Soybean Futures Trades

Date 25/09/2014

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against financial services company Absa Bank, Ltd. (Absa), headquartered in Johannesburg, South Africa, for executing prearranged, noncompetitive trades involving corn and soybean futures contracts on the Chicago Board of Trade (CBOT) with FirstRand Bank, Ltd. (FirstRand), also headquartered in Johannesburg, South Africa. The CFTC previously sanctioned FirstRand for its role in these unlawful trades (see CFTC Press Release and Order 6985-14, August 27, 2014).

Launch Of Solactive CK Low Carbon Indices - 50% Less Carbon Intensity Than Benchmark - Verified By South Pole Carbon

Date 25/09/2014

Corporate Knights Capital has partnered with Solactive to launch a family of Low Carbon Indices, aiming to provide exposure to best-in-class companies in carbon intensive sectors, while maintaining benchmark exposure for companies in all other sectors. 

CFTC Orders Florida Resident Louis J. Ferone To Pay Restitution And A Civil Monetary Penalty Totaling More Than $155,000 For Engaging In Illegal, Off-Exchange Precious Metals Transactions

Date 25/09/2014

The U.S. Commodity Futures Trading Commission (CFTC) today entered an Order requiring Louis J. Ferone, of Miami, Florida to pay restitution of $55,442 to customers and a $100,000 civil monetary penalty, for engaging in 17 illegal, off-exchange precious metals transactions. Ferone has never been registered with the CFTC.

OCC Bulletin: Heightened Standards For Large Banks - Integration Of 12 CFR 30 And 12 CFR 170 - Final Rules And Guidelines

Date 25/09/2014

Summary

The Office of the Comptroller of the Currency (OCC) issued enforceable final guidelines that establish minimum standards for the design and implementation of a risk governance framework for large insured national banks, insured federal savings associations, and insured federal branches of foreign banks (collectively, banks). The final guidelines also establish minimum standards for an institution’s board of directors in overseeing the framework. In addition, as part of the OCC’s ongoing efforts to integrate the regulations of the OCC and the former Office of Thrift Supervision, the OCC issued final rules and guidelines to make 12 CFR 30 and all of its appendixes applicable to federal savings associations and to remove 12 CFR 170 of the OCC’s regulations. 12 CFR 30 and 12 CFR 170 are nearly identical, except that 12 CFR 30 includes an appendix governing residential mortgage lending.

EPEX SPOT: CWE Flow-Based Market Coupling Launch To Be Pushed Over The Winter - New Target Go-Live On 31 March 2015

Date 25/09/2014

The partners of the Flow-Based project in Central Western Europe (CWE – Belgium, France, Germany, Luxembourg and the Netherlands) have decided to target a new launch date on 31 March 2015, due to an exceptional situation on the Belgian market this winter.