News Centre

Bank Of England: Oversight Committee - Foreign Exchange Market Investigation

Date 12/03/2014

​The Oversight Committee has appointed Lord Grabiner QC to lead its investigation into the role of Bank officials in relation to conduct issues in the foreign exchange market.

Mock Trading Session – BM&FBOVESPA PUMA Trading System

Date 12/03/2014

On Saturday, March 22, 2014, a mock trading session will be held to test BM&FBOVESPA PUMA Trading System due to the updating of systems and infrastructure at the Exchange (External Communication 004/2014-DI). The participation of brokerage houses, market data vendors, and independent software vendors is mandatory with validation necessary for all modes of access to the Exchange, including Trading Desk sessions that use the trading screen solutions provided by the Exchange (GL Win and Mega Bolsa Station) or proprietary solutions.

Insurance Linked Securities Projected To Grow To $140 Billion, Bermuda To Play Key Role

Date 12/03/2014

The Bermuda Business Development Agency (“BDA”) issued a press release commenting on the future of Insurance Linked Securities (“ILS") and Bermuda’s role.

Statement At Open Meeting Regarding Standards For Covered Clearing Agencies, SEC Commissioner Michael S. Piwowar, Open Meeting, Washington, D.C. March 12, 2014

Date 12/03/2014

Thank you, Chair White.

I typically do not mention individual staff by name at open meetings, because by the time I get a turn to speak everyone has usually been acknowledged multiple times, and also I may inadvertently fail to include someone who deserves recognition.

Speech By David Lawton, Director Of Markets At The UK Financial Conduct Authority, At The American Bar Association Capital Markets Conference, Law Society, London, Thursday 27 February 2014.

Date 12/03/2014

You will all be aware of the significant changes that financial markets have and are undergoing. Markets have been responding to a decade of regulatory reform, challenging economic conditions, new technologies.  Market structure has been evolving at a rapid pace, introducing new products and actors, and doing away with business models that cannot respond to tougher demands all around.

SEC Proposes Rules For Systemically Important And Security-Based Swap Clearing Agencies

Date 12/03/2014

The Securities and Exchange Commission voted today to propose new rules to enhance the oversight of clearing agencies that are deemed to be systemically important or that are involved in complex transactions, such as security-based swaps.

OCC Announces Board Appointments And Nominations, Adopts Governance Enhancements

Date 12/03/2014

OCC announced today the appointment of new Board Officers and Board committee chairs for 2014:

• Felix Davidson, President, TD Ameritrade Clearing, Inc., was appointed Member Vice Chair and Chair of OCC’s Performance Committee
• Craig Donohue was reappointed OCC Executive Chairman
• Michael Cahill was reappointed OCC President and Chief Executive Officer
• Richard Lindsey was reappointed as Chair of OCC’s Risk Committee
• Pat White was reappointed as Chair of OCC’s Audit Committee
• Matthew Gelber was appointed as Chair of OCC’s Governance Committee

Statement At SEC Open Meeting - Commissioner Daniel M. Gallagher, Washington, D.C., March 12, 2014

Date 12/03/2014

Thank you Chair White. I would like to join my colleagues in thanking the staff for all of the hard work that went into today’s proposing release. Although it has already been noted, I would like to acknowledge the tremendous efforts of Peter Curley, Katherine Martin, Hari Phatak, and Adam Yonce and their colleagues in the Division of Trading and Markets and Division of Economic and Risk Analysis.

STOXX ASEAN-Five Select Dividend 50 Index Licensed To Nomura To Underlie Exchange-Traded Note - First Exchange-Traded Product Based On A STOXX Index Listed On Tokyo Stock Exchange

Date 12/03/2014

STOXX Limited, a leading provider of innovative, tradable and global index concepts, today announced that the STOXX ASEAN-Five Select Dividend 50 Index was licensed to Nomura Asset Management to serve as the basis for an exchange-traded note (ETN) available today on Tokyo Stock Exchange. This is the first time that the STOXX ASEAN-Five Select Dividend 50 Index, which selects the 50 highest dividend paying companies from five member states of the Association of Southeast Asian Nations (ASEAN), will be used as an underlying for a ETN.

Statement On The Proposal Of Rules Related To Registered Clearing Agencies, SEC Commissioner Kara M. Stein, Washington, D.C., March 12, 2014

Date 12/03/2014

Today, the Commission considers changes to the regulation of registered clearing agencies. I want to echo my colleagues’ thanks to the staff who have worked on this proposal, in particular Katherine Martin and Narahari Phatak.