News Centre

August 2014 FIF Market Dynamics Report – Executive Summary

Date 17/09/2014

OTC Market Share of NMS Securities

• In August 2014, off-exchange trading accounted for 37% of the shares traded in NMS Equity Securities, a decrease of 0.2% compared to last month.

Opening Statement Of CFTC Commissioner J. Christopher Giancarlo, Open Meeting On Proposed Rule On Margin Requirements For Uncleared Swaps And Final Rule On Utility Special Entities

Date 17/09/2014

Mr. Chairman, it is a great pleasure to participate today with my fellow Commissioners in this first open meeting under your Chairmanship.

FIF Capacity Statistics For August 2014: One New Record 1 Second Peak: MIAX-TOM

Date 17/09/2014

This month’s bulletin from the Financial Information Forum (FIF) finds that SIAC OPRAwas down 6% to 7,424,980 mps over the 1 second interval

CFTC Commissioner Bowen Opening Statement, Open Meeting Of The Commodity Futures Trading Commission

Date 17/09/2014

Thank you, Chairman Massad.

Before we proceed to the rules before the Commission today, I want to thank Chairman Massad and Commissioner Wetjen for their assistance during my first weeks here at the Commission. You have both been extremely helpful during my transition.  I would also like to acknowledge Commissioner Giancarlo, who joined at nearly the same time as I did, and has been very supportive as we each moved into our new roles.  I have sincerely enjoyed working with each of you, and I am very optimistic about how we as a Commission will be able to move forward on the many issues before us.

SEC: Former Hedge Fund Manager In Bay Area Charged With Taking Excess Management Fees To Make Lavish Purchases

Date 17/09/2014

The Securities and Exchange Commission today announced charges against a former hedge fund manager accused of fraudulently taking excess management fees from the accounts of fund clients and using their money to remodel his multi-million dollar home and buy a Porsche. 

Remarks Of US Acting Assistant Secretary For Financial Institutions Amias Gerety Before The Exchequer Club

Date 17/09/2014

Thank you so much for the opportunity to talk with you today.  I’m honored to be here and to join the tradition of thoughtful discussion of financial and economic policy for which the Exchequer Club is known.

Federal Reserve Issues FOMC Statement

Date 17/09/2014

Information received since the Federal Open Market Committee met in July suggests that economic activity is expanding at a moderate pace. On balance, labor market conditions improved somewhat further; however, the unemployment rate is little changed and a range of labor market indicators suggests that there remains significant underutilization of labor resources. Household spending appears to be rising moderately and business fixed investment is advancing, while the recovery in the housing sector remains slow. Fiscal policy is restraining economic growth, although the extent of restraint is diminishing. Inflation has been running below the Committee's longer-run objective. Longer-term inflation expectations have remained stable.

Federal Reserve Board And Federal Open Market Committee Release Economic Projections From The September 16-17 FOMC Meeting

Date 17/09/2014

The attached table and charts released on Wednesday summarize the economic projections and the target federal funds rate projections made by Federal Reserve Board members and Federal Reserve Bank presidents for the September 16-17 meeting of the Federal Open Market Committee.

BM&FBOVESPA Launches 6/7 Arabica Coffee Derivatives

Date 17/09/2014

On September 08, 2014, BM&FBOVESPA launched 6/7 Arabica Coffee Derivatives Contracts and authorized Structured 6/7 Arabica Coffee Rollover Transactions (KR1). As of September 09, 2014, there will be trading in Call and Put Options on the 6/7 Arabica Coffee Futures Contract (KFE).

Rick Ketchum, Chairman And Chief Executive Officer, FINRA/University Of Maryland Center For Financial Policy Joint Conference On Market Fragmentation, Fragility And Fees, Washington, D.C. , September 17, 2014, Regulating In A New Paradigm

Date 17/09/2014

It's terrific to be here today. When Jonathan first brought up the idea for this conference, I was thrilled. After all, I'm a self-professed geek when it comes to economic research and analysis-although I admit I can't actually do all the calculations. So I'm especially pleased that we have this opportunity to bring regulators, industry representatives and academics together to discuss the significant challenges to the markets and, more specifically, market structure.