News Centre

Abacus Group Hires ConvergEx Exec As Chief Financial Officer

Date 23/07/2014

Abacus Group LLC, a leading provider of hosted IT solutions for hedge funds and private equity funds, today announced that it has hired Jonathan Bohrer as Chief Financial Officer, effective June 30th 2014. Jonathan will be based in New York and will report to Chris Grandi, Chief Executive Officer of Abacus Group.

ACER Opens A Public Consultation On Transaction Reporting Under REMIT

Date 23/07/2014

ACER launched today a public consultation on ACER’s Transaction Reporting User Manual (TRUM) and RRM Requirements, for transaction reporting under REMIT. 

Bank J.Van Breda & C° Selects ABN AMRO Clearing As General Clearing Counterparty For OTC Derivatives Ahead Of New EMIR Regulations

Date 23/07/2014

Belgium’s Bank J.Van Breda & C° has selected ABN AMRO Clearing as its general clearing counterparty for OTC derivatives transactions including interest rate swaps (IRS), ahead of new European Markets Infrastructure Regulation (EMIR) obligations requiring centralised clearing of these transactions.

University College London Validates GMEX Constant Maturity Future - UCLPperforms Study To Evaluate Viability Of Unique Aspects Of GMEX Constant Maturity Future Product

Date 23/07/2014

A team from the Computer Science Department of University College London (UCL), led by visiting professor Donald Lawrence, carried out an independent evaluation of the overnight process that maintains the Constant Maturity aspect of the GMEX Interest Rate Swap Index Average (IRSIA) Constant Maturity Future (CMF) product as an alternative to Interest Rate Swaps (IRS).

DIFC Posts Consultation Papers For Public Comment On DIFC Netting Law

Date 23/07/2014

Dubai International Financial Centre (DIFC) Authority has announced the proposed introduction of a DIFC Netting Law, for public consultation.

Osaka Exchange: Latest Update Of Deliverable Bonds And Conversion Factors Of JGB Futures

Date 23/07/2014

Deliverable bonds and conversion factors of JGB Futures (5-year, 10-year & 20-year)

UK House Of Lords Take Evidence On High Frequency Trading From Brad Katsuyama, President And CEO, IEX

Date 22/07/2014

The House of Lords Economic Affairs Committee held two evidence sessions on high profile and controversial financial issues as they take evidence on high frequency trading (HFT) and going concern in financial reporting.

The House of Lords Economic Affairs Committee will hold two evidence sessions on high profile and controversial financial issues as they take evidence on high frequency trading (HFT) and going concern in financial reporting.

SIFMA Statement on Cybersecurity Recommendations in 9/11 Commission Report

Date 22/07/2014

SIFMA today issued the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, after the 9/11 Commission Report identified cybersecurity as a key area of focus for U.S. security and recommended that Congress should enact cybersecurity legislation to enable private companies to collaborate with the government in countering cyber threats: 

"Cybersecurity is a top priority for the financial services industry, which is dedicating significant resources to protect the integrity of the financial markets and the millions of Americans who use financial services every day. This report underscores the importance of cybersecurity legislation that would make it easier for the industry and government to work together to address this growing threat. A robust public-private partnership is the most effective way to prevent and defend against cyber attacks. We urge Congress to prioritize national security and take action now on the bipartisan information sharing legislation pending in the Senate."

CFTC Releases Rule Enforcement Review Of ICE Futures U.S.

Date 22/07/2014

The U.S. Commodity Futures Trading Commission (Commission) notified ICE Futures U.S. (Exchange) today of the results of a rule enforcement review completed by the Commission’s Division of Market Oversight (Division). The Division assessed the Exchange’s compliance with elements of Core Principles 4 and 5, relating to the Exchange’s market surveillance program.

Office Of Financial Research Hosts Meeting Of The Financial Research Advisory Committee

Date 22/07/2014

On Thursday, July 24, the Office of Financial Research (OFR) will host a meeting of the Financial Research Advisory Committee, which provides advice to the OFR, informs the OFR agenda for research and data, and assists the OFR in fulfilling its mission.