News Centre

Statement Of CFTC Chairman Gary Gensler Before The Financial Stability Oversight Council

Date 09/12/2013

I want to thank Secretary Lew for his kind words.

Five years ago when President-elect Obama asked me to serve, the economy was in a free fall. Americans were paying for the crisis with their jobs, their pensions and their homes.

CFTC: Federal Court In Austin, Texas Orders Australian Defendants To Pay Over $192 Million In Restitution And Fines For Forex Fraud

Date 09/12/2013

The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court default judgment Order awarding restitution for defrauded customers and civil monetary penalties of more than $192 million against Defendants Senen Pousa and Investment Intelligence Corporation (IIC) (d/b/a ProphetMax Managed FX) in connection with an off-exchange foreign currency (forex) fraud scheme in which Pousa and IIC defrauded over 960 clients in the United States and abroad of over $32 million.

DealVector Launches InvestorLink, Providing Issuers And Collateral Managers With An Identity-Protected Channel To Communicate With Their Investors - Communication Channel Improves Liquidity And Speeds Execution Of Amendments, Waivers And Consents

Date 09/12/2013

DealVector, providers of the first secure electronic communication network for the fixed income and structured credit space, today announced the launch of InvestorLink to streamline communication in the structured credit markets. Created primarily for Issuers, Collateral Managers and Trustees, InvestorLink opens a direct communication channel between deal administrators and holders.

FINRA Fines Oppenheimer $675,000 And Orders Restitution Of More Than $246,000 For Charging Unfair Prices In Municipal Securities Transactions And For Supervisory Violations - Head Trader Fined And Suspended

Date 09/12/2013

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Oppenheimer & Co., Inc. $675,000 for charging unfair prices in municipal securities transactions and for failing to have an adequate supervisory system. FINRA also ordered Oppenheimer to pay more than $246,000 in restitution, plus interest, to customers who were charged unfair prices. In addition, FINRA fined Oppenheimer's head municipal securities trader, David Sirianni, $100,000, and suspended him for 60 days.

Speech By Martin Wheatley, Chief Executive Of The FCA, At The ICI Global Trading And Market Structure Conference - Looking Ahead To 2014

Date 09/12/2013

2013 has been another eventful year for the financial community. So I thought it would be useful today to take a step back and offer some broad reflections on what it means in terms of where we are as we approach year-end.

From Today, Oslo Børs Will Calculate NIBOR Rates For Finance Norway

Date 09/12/2013

With effect from today, Finance Norway has given Oslo Børs the task of calculating NIBOR rates. Oslo Børs is also responsible for supervising reporting of the rates used for the calculation by the banks. Finance Norway is responsible for determining the rules for NIBOR. “We wanted to establish a neutral and trustworthy framework for this task.  Oslo Børs provides this”, comments Idar Kreutzer, Managing Director of Finance Norway.

Tora Adds ACTIV Financial For Enterprise Market Data - After Extensive Product Evaluation, Firm Selects Fully Hosted ActivContentPlatform 2.0 Solution For Market Data

Date 09/12/2013

ACTIV Financial, a global provider of real-time, multi-asset financial market data solutions, today announced that Tora, Asia's leading provider of advanced trading technology and financial services, will add ACTIV Financial as a provider of Asian market data services. 

Bosera Selects The FTSE China A50 Index For Their First RQFII ETF

Date 09/12/2013

• FTSE licenses the FTSE China A50 Index to Bosera International
• Reinforces FTSE’s leading position in China-themed benchmarks 

Moscow Exchange: Grace Period For Trades In Foreign Securities

Date 09/12/2013

Moscow Exchange announces an introduction of a grace period for trades in shares of foreign issuers and depositary receipts representing them beginning 16 December. The grace period will be in effect through 30 June 2014.

Clearstream’s November 2013 Figures - New Record Peak In Assets Under Custody With EUR 11.9 Trillion - 10 Percent Increase Compared To This Time Last Year In Combined Securities Lending, Triparty Repo And Collateral Management Offering - Continuous Steep Growth Of Transactions And Volumes In Investment Funds Business

Date 09/12/2013

In November 2013, the value of assets under custody held on behalf of customers registered an increase of 7 percent to a record EUR 11.9 trillion (compared to EUR 11.2 trillion in November 2012). Securities held under custody in Clearstream’s international business increased by 6 percent from EUR 5.9 trillion in November 2012 to EUR 6.3 trillion in November 2013 – while domestic German securities held under custody increased by 8 percent from EUR 5.2 trillion in November 2012 to EUR 5.7 trillion in November 2013.