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MCX Weekly Market Report January 10, 2014 – January 16, 2014

Date 17/01/2014

Click here to download MCX's weekly report.

Tokyo Stock Exchange ETF/ETN Monthly Report For Dec 2013

Date 17/01/2014

Trading value record high renewed for the second consecutive month

• In December 2013, the ETF/ETN market renewed record highs with monthly trading value of approximately JPY 2.8 trillion and daily average trading value of about JPY 140 billion.
• Trading of leveraged and inverse ETFs remained active, with NEXT FUNDS Nikkei 225 NEXT FUNDS Nikkei 225 Leveraged Index Exchange Traded Fund (1570) accounted for the majority of trading value for the second month in a row, while activity in leveraged issues boosted overall trading value. Nikkei 225 and TOPIX-linked issues also saw moderate growth in trading value.
• Trading in TSE Mothers Core ETF (1563) rose sharply as it rose to 12th in trading value.

The Commodity Futures Trading Commission Staff Announces Trade Execution Mandate For Certain Interest Rate Swaps - Javelin SEF, LLC’s Available-To-Trade Determinations Are Deemed Certified

Date 16/01/2014

The Commodity Futures Trading Commission (CFTC or Commission) Division of Market Oversight (Division) today announced that Javelin SEF, LLC’s (Javelin) self-certification of available-to-trade determinations (MAT Determinations) for certain interest rate swap contracts, as described below, is deemed certified. Under Commission regulations, the swaps that are subject to these MAT Determinations, whether listed or offered by Javelin or any other designated contract market (DCM) or swap execution facility (SEF), will become subject to the trade execution requirement under section 2(h)(8) of the Commodity Exchange Act 30 days after certification, on February 15, 2014. All transactions involving swaps that are subject to the trade execution requirement, as described below, must be executed through a DCM or a SEF. To the extent that swaps subject to the trade execution requirement are executed on a SEF, they must be executed in accordance with the execution methods prescribed by Commission regulation.

CFTC Announces Agenda For The Public Meeting Of The Technology Advisory Committee

Date 16/01/2014

The Commodity Futures Trading Commission (CFTC) announced that on Tuesday, January 21, 2014, the CFTC’s Technology Advisory Committee (TAC) will hold a public meeting at the CFTC’s headquarters in Washington, DC from 10:00 a.m. to 5:00 p.m. For more information regarding the meeting, see CFTC News Release 6820-14. You can view the agenda under related links.

Statement Of Commissioner Scott D. O’Malia On Made Available-To-Trade Determination

Date 16/01/2014

It is hard to imagine a federal agency regulatory process that is more flawed than the Made Available-to-Trade (“MAT”) determination. The Commission staff has certified all interest rate benchmarks and related packaged transactions for mandatory trading on swap execution facilities (“SEFs”) or designated contract markets (“DCMs”), while at the same time, stated that it will consider some future action for all packaged transactions. And to complicate things further, the Commission has been excluded from a major regulatory decision that significantly reshapes current market infrastructure.

BGC Partners' Fourth Quarter And Full Year 2013 Financial Results Announcement To Be Issued Prior To Market Open On Wednesday, February 12, 2014 - Conference Call Scheduled For Wednesday, February 12, 2014 At 10:00 A.M. ET

Date 16/01/2014

BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC," or "the Company"), a leading global brokerage company primarily servicing the wholesale financial and real estate markets, today announced that it plans to issue an advisory press release by 8:00 a.m. ET on Wednesday, February 12, 2014. This advisory release will notify the public that a complete and full-text financial results press release is accessible at the "Investor Relations" section of http://www.bgcpartners.com.

Aequitas Moves Forward To Build A New Canadian Stock Exchange And Private Securities Platform Set To Be Game Changers For Canada’s Capital Markets - Aequitas To Proceed With Exchange Application Following Successful Dialogue With The Industry

Date 16/01/2014

Aequitas Innovations Inc. (“Aequitas”) is pleased to announce that it will proceed with the implementation of a new Canadian stock exchange, as well as a centralized platform for private securities focused on capital raising and liquidity for small and mid-sized issuers. The exchange application will be based on the key features Aequitas published in 2013, including a number of amendments that resulted from an extensive dialogue and a comment process initiated by the Ontario Securities Commission (“OSC”).

SIFMA Roundtable Of Economists Offers A Steady Forecast For U.S. Economy

Date 16/01/2014

SIFMA's Economic Advisory Roundtable unveiled today its outlook for full year 2013 and 2014, forecasting that the economy grew at a 1.9 percent rate in full-year 2013 and will grow 2.7 percent in 2014.

FINRA Bars J.P. Morgan Vice President And Broker Friend In Insider Trading Scheme - FINRA Previously Barred Westrock Advisors Broker For Failing To Provide Testimony

Date 16/01/2014

The Financial Industry Regulatory Authority (FINRA) announced today that it has barred David Michael Gutman, a Vice President in the conflicts office of J.P. Morgan Securities, LLC, and Christopher John Tyndall, a former registered representative at Meyers Associates, L.P., from the securities industry for their roles in an insider trading scheme. Gutman and Tyndall were longtime close personal friends who grew up together on Long Island. FINRA's investigation found that Gutman improperly shared material, non-public information with Tyndall during conversations that took place between March 2006 to October 2007 regarding at least 15 pending corporate merger and acquisition transactions. Tyndall then used the information to trade ahead of at least six of the corporate announcements using personal and family accounts over nearly a two-year period, and also recommended the stocks to his customers and friends. Also in connection with its investigation, FINRA barred a third broker, Joseph Critelli – also a friend of Tyndall and a registered representative at Westrock Advisors, Inc. at the time – in January 2013 for failing to appear for testimony related to his trading activity in this scheme. 

CFTC Expands Portal Capabilities To Make Public Submissions More Efficient And Secure

Date 16/01/2014

The U.S. Commodity Futures Trading Commission (CFTC or Commission) announced today that it has expanded the capabilities of an external portal that allows market participants and the general public to submit information more easily and securely while enhancing the CFTC’s ability to process submissions.