News Centre

Russia Consumer Sentiment Hits Record Low - MNI Russia Consumer Indicator Falls By 9.4 Points To 81.7 In August

Date 09/09/2014

Russian consumer sentiment plummeted to an alltime low in August following the downing of Malaysia Airlines flight MH17, the imposition of Tier 3 sectoral sanctions and the retaliatory Russian food ban.

Companies Can Influence HFT Trading In Their Own Stocks – CMCRC

Date 09/09/2014

The Capital Markets Cooperative Research Centre (CMCRC) has released new analysis on the influence of tick size on HFT and algorithmic trading.

Platts China Steel Sentiment Index Indicates Weak Demand, Price Outlook - Monthly Index Totaled 45.88, Down 1.09 Points From August’s Reading Of 46.97

Date 09/09/2014

The health of China’s steel sector may be poised for a less than robust immediate future, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which showed a September reading of 45.88 out of a possible 100 points. This is down 1.09 points from an August reading of 46.97 and is the third consecutive month the index has remained below 50, indicating that market participants see demand for steel softening.

Japan's Financial Services Agency: Joint Workshop On Banking Supervision With The Indonesia FSA (OJK)

Date 09/09/2014

1. Japan FSA and Indonesia FSA (OJK) had a joint workshop on banking supervision from Tuesday, August 26 to Friday, 29, 2014 in Indonesia.

Calastone Hits Flow Milestone, Replaces One Million Faxes Per Year

Date 09/09/2014

Calastone, the global transaction network for the managed fund industry, today announced that the firm had reached flows of 1,000 orders per day.

Colombian Coffee Growers Federation - Record Turnout In This Year's Coffee Grower Elections In Colombia

Date 09/09/2014

According to preliminary figures received from 96% of the polling stations thus far, a total of 245,180 farmers in 568 municipalities in 17 departments of Colombia participated in Colombia's coffee grower elections which took place on September 6 and 7.

Testimony By Federal Reserve Governor Daniel K. Tarullo - Dodd-Frank Implementation, Before The Committee On Banking, Housing, And Urban Affairs, U.S. Senate, Washington, D.C.

Date 08/09/2014

Chairman Johnson, Ranking Member Crapo, and other members of the committee, thank you for the opportunity to testify on the Federal Reserve's activities in mitigating systemic risk and implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). In testifying before this committee in February, I noted my hope and expectation that this year would be the beginning of the end of our implementation of the major provisions of the Dodd-Frank Act. Seven months later, we are on track to fulfill that expectation. The Federal Reserve and other banking supervisors have continued to make progress in implementing the congressional mandates in the Dodd-Frank Act, promoting a stable financial system, and strengthening the resilience of banking organizations. In today's testimony, I will provide an update on the Federal Reserve's implementation of the Dodd-Frank Act and describe key upcoming regulatory and supervisory priorities to address the problems of "too big to fail" and systemic risk. The Federal Reserve is committed to continuing to work with our fellow banking agencies and with the market regulators to help ensure that the organizations we supervise operate in a safe and sound manner and are able to support activity in other sectors of the economy.

CFTC Staff Issues No-Action Letter For Commodity Pool Operators Of Commodity Pools That Are Not Registered Investment Companies With Wholly-Owned Trading Subsidiaries

Date 08/09/2014

The U.S. Commodity Futures Trading Commission’s (Commission) Division of Swap Dealer and Intermediary Oversight (DSIO) today issued a no-action letter for commodity pool operators (CPOs) of certain commodity pools that are non-registered investment companies (Parent Pools) that use wholly-owned trading subsidiaries to trade commodity interests (Trading Subsidiaries).

CalPERS Calls On Federal EPA To Finalize Carbon Emission Guidelines

Date 08/09/2014

The California Public Employees' Retirement System (CalPERS) today called on the federal Environmental Protection Agency (EPA) to finalize proposed carbon pollution emission guidelines for existing power plants calling the standards an "important step in mitigating systemic risk posed by climate change."

SEC Names Victor Valdez As Enforcement Division’s Chief Operating Officer

Date 08/09/2014

The Securities and Exchange Commission today announced that Victor J. Valdez has been named Chief Operating Officer and Managing Executive of the agency’s Enforcement Division, where he will oversee project management, information technology, human capital strategy, and risk management among other functions.