News Centre

CFTC Seeks Public Comment On Certification From MarketAxess SEF Corporation To Implement Available-To-Trade Determinations For Certain Interest Rate And Credit Default Swaps

Date 31/10/2013

The U.S. Commodity Futures Trading Commission (CFTC) is requesting public comment on a certification from MarketAxess SEF Corporation (MarketAxess) to implement available-to-trade determinations for certain credit default swap contracts. MarketAxess submitted its available-to-trade determinations to the CFTC on a self-certified basis pursuant to CFTC regulations 37.10 and 40.6. If MarketAxess’s submission is deemed certified by operation of CFTC regulation 40.6, such swap contracts, whether listed or offered by MarketAxess or any other designated contract market (DCM) or swap execution facility (SEF), will be subject to the trade execution requirement under section 2(h)(8) of the Commodity Exchange Act (CEA). All transactions involving swaps that are subject to the trade execution requirement generally must be executed on either a DCM or a SEF. In addition, to the extent that such transactions are executed on a SEF, they must be executed in accordance with the execution methods prescribed by CFTC regulation 37.9(a)(2).

Report On U.S. Portfolio Holdings Of Foreign Securities At End-Year 2012

Date 31/10/2013

The findings from the annual survey of U.S. portfolio holdings of foreign securities at year-end 2012 were released today and posted on the Treasury web site at http://www.treasury.gov/resource-center/data-chart-center/tic/Pages/fpis.aspx.

DTCC Reports Jump In Third Quarter Cash Flows Into Annuity Products

Date 31/10/2013

The Depository Trust & Clearing Corporation’s (DTCC) Insurance & Retirement Services (I&RS) business unit has released its most recent findings on activity and trends in the market for annuity products, including a 7% increase in inflows and a 98% increase in net cash flows in the third quarter over the second quarter. The information is based on data, obtained from the millions of transactions processed by and entrusted to I&RS, available to subscribers of its online Analytic Reporting for Annuities information service.

S&P Dow Jones Indices Announces Changes To The S&P/TSX Canadian Indices - A Deletion From The S&P/TSX Preferred Share Index

Date 31/10/2013

S&P Dow Jones Canadian Index Services will make thefollowing changes in the S&P/TSX Canadian Indices:

Bank of Nova Scotia (TSX:BNS) has redeemed for $CDN25.00 cash per share all of the outstanding shares of its Non-cumulative Preferred Shares, Series 12 (TSX:BNS.PR.J). The shares of this issue will be removed from the S&P/TSX Preferred Share Index and the S&P/TSX  North  American  Preferred  Stock  Index  after  the  close  of  trading  on  Friday,November 1, 2013 at a price of $CDN25.00.

Mr. Yossi Beinart – New Tel Aviv Stock Exchange (TASE) CEO

Date 31/10/2013

The Tel Aviv Stock Exchange (TASE) Board of Directors approved today (October 31, 2013) the appointment of Mr. Yossi Beinart as TASE CEO. Mr Beinart replaces Ms. Ester Levanon, who is leaving her post at the end of the year.

Irish Stock Exchange: Strong Performance Continues Across Equity Markets Confirming Strong Demand For Irish Shares

Date 31/10/2013

• ISEQ up 24.8% - the best performing index in Europe so far in 2013
• Equity trades exceed 2.5m in first 9 months of 2013 - surpassing 2008 peak 
• 55% lift in equity turnover confirms strong performance of Irish companies
• Debt securities market sees uplift in new international listings  

Mr. Jignesh Shah Resigns From Board Of MCX

Date 31/10/2013

Financial Technologies (India) Limited Founder Chairman, MD & CEO, Mr. Jignesh Shah today announced his decision to resign from the Board of Multi Commodity Exchange of India Ltd (MCX).  

BATS Chi-X Europe Welcomes Initial Customers To New Trade Reporting Service - Five Firms Reporting Via “BXTR” In First Days Of Full Operation

Date 31/10/2013

BATS Chi-X Europe, the pan-European Recognised Investment Exchange, is in the process of onboarding customers to “BXTR”, a suite of on- and off-exchange trade reporting services. With all functions fully operational, the BXTR pan-European trade reporting service has captured significant market share since its launch earlier this month. 

Leading FCMs, Trading Venues And Buyside Firms Connect To Traiana CreditLink For Pre-Trade Certainty For Swaps

Date 31/10/2013

Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announces today that it has added the support of a further seven futures commissions merchants (FCMs) to its CreditLink service ahead of the November 1 regulatory deadline for pre-trade screening of trades conducted on Swap Execution Facilities (SEFs). These include BNP Paribas, BNY Mellon, Deutsche Bank, RBS, UBS and Wells Fargo as well as other globally recognized clearing firms. These FCMs are in addition to Barclays, BofA Merrill Lynch, Citi, Goldman Sachs and J.P. Morgan, who were all previously announced. Traiana now has a total of 15 FCMs supporting CreditLink, a significant proportion of the market.

Keynote Address Of CFTC Chairman Gary Gensler At The 5th Annual Financial Regulatory Reform Symposium At George Washington University

Date 31/10/2013

Thank you, Art, for that kind introduction. I also would like to thank George Washington University for the invitation to speak today.