News Centre

OIC Announces New Seminar Series For 2014

Date 23/01/2014

The Options Industry Council (OIC) announced today its evening seminar schedule for the first half of 2014, including the introduction of a new three-part series offered in various cities throughout the U.S. 

SIFMA Statement On The Pandemic Accord Tabletop Exercise

Date 23/01/2014

SIFMA today issued the following statement from Randy Snook, executive vice president, business policies and practices, in response to the Summary of Key Findings of the 2013 Pandemic Accord tabletop exercise that was held November 18-21, 2013, and sponsored by FEMA Region II, DHHS Region II, Federal Executive Board New York City, Federal Executive Board Northern New Jersey, Clearing House Association and SIFMA: 

The Commodity Futures Trading Commission’s Division Of Market Oversight Announces Trade Execution Mandate For Additional Interest Rate Swaps - trueEX, LLC’s Available-To-Trade Determinations Are Deemed Certified

Date 23/01/2014

The Commodity Futures Trading Commission’s (CFTC or Commission) Division of Market Oversight (Division) today announced that trueEX, LLC’s (trueEX) self-certification of available-to-trade determinations (MAT Determinations) for certain interest rate swap contracts is deemed certified.

French Minister For European Affairs Thierry Repentin Visits European Power Exchange EPEX SPOT - An Example Of Successful Franco-German Cooperation In The Energy Sector – French-German Office For Renewable Energy Pleads For A Coordinated Energy Transition

Date 23/01/2014

The French Minister for European Affairs, Thierry Repentin, visited the European Power Exchange EPEX SPOT. The visit took place on 22 January, on the occasion of the Franco-German day, marking the 51st anniversary of the Élysée Treaty, and following the announcement by French President François Hollande to strengthen the Franco-German cooperation in the energy sector. Jean-François Conil-Lacoste, Chairman of the Management Board of EPEX SPOT, explained the functioning of the Power Exchange and the relevance of price formation on Europe’s wholesale power markets.

Warsaw Stock Exchange Derivatives Market In Europe In 2013

Date 23/01/2014

• In 2013 WSE was Europe’s #5 by turnover volume in index futures contracts.
• WIG20 futures contract ranked 9th by turnover volume among European index contracts.
• WIG20 options ranked 13th by turnover volume among European index options.

Launch Of The Solactive Diversified USD Covered Bond Index - Used As The Underlying For ProShares COBO’s ETF

Date 23/01/2014

A covered bond is a type of corporate bond which is secured by a pool of financial assets. Usually issued by financial institutions outside of the US, covered bonds allow investors, if the originator of the bonds becomes insolvent, to claim against both the issuer of the bonds and a pool of assets which back the bond, commonly known as the cover pool. As it therefore lowers the risk of a total loss in case of a default, covered bonds are usually considered to be high quality investments.

LMAX Exchange Becomes The First Regulated MTF To List Ven

Date 23/01/2014

LMAX Exchange, the FCA regulated MTF for FX trading, announces it will become the first regulated MTF to list Ven, enabling brokers, institutions and banks to trade the currency.

UK’s Financial Conduct Authority Fines Standard Bank PLC £7.6m For Failures In Its Anti-Money Laundering Controls

Date 23/01/2014

The Financial Conduct Authority (FCA) has fined Standard Bank PLC (Standard Bank) £7,640,400 for failings relating to its anti-money laundering (AML) policies and procedures over corporate customers connected to politically exposed persons (PEPs).

EEX And CLTX Creating A Combined Global Offering

Date 23/01/2014

The European Energy Exchange (EEX), the leading Energy Exchange in Europe, and Cleartrade Exchange (CLTX), a Singaporean Futures Exchange founded in 2010, have joined forces to create a unique global offering in the commodities sector. The acquisition, completed in December 2013, has already resulted in a combined group with over 300 members and 10 major asset classes. The deal has been enthusiastically welcomed by members of both exchanges.

Hong Kong's Securities And Futures Commission: High Court Overturns Acquittal And Orders Magistrate To Reconsider False Trading Case

Date 23/01/2014

The Court of First Instance today allowed the Securities and Futures Commission’s (SFC) appeal of the acquittal of Mr Chan Wing Fai of false trading, and ordered that the case be remitted back to the Magistrate.