News Centre

IntercontinentalExchange Update On NYSE Euronext Acquisition

Date 30/10/2013

IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, today provided the following statement and timeline for completing its acquisition of NYSE Euronext.

CME Group To Host Sixth Annual Global Financial Leadership Conference

Date 30/10/2013

CME Group will host the sixth annual Global Financial Leadership Conference (GFLC) Nov. 18-20, 2013, at the Ritz-Carlton Beach Resort in Naples, Florida. The GFLC is an exclusive event that brings together decision-makers from the world's leading financial institutions to discuss emerging geopolitical trends, debate critical economic issues and share perspectives on future developments in the financial marketplace. 

“The Law”Statement Of CFTC Commissioner Bart Chilton Regarding Customer Protections

Date 30/10/2013

Each of us took an oath to uphold the law. Sometimes that’s pretty easy, other times, not so much. As rule writers, many times the law allows us a bit of discretion, some latitude. Other times, it’s pretty clear what we are supposed to do. On these customer protections, I think the key components are straightforward. We are supposed to ensure that customers’ money is protected. Our law mandates this: full protection, complete protection, 100% of customer money, 100% of the time.

NYSE Euronext Update On Acquisition By IntercontinentalExchange

Date 30/10/2013

NYSE Euronext (NYSE: NYX) today provided the following statement and timeline for the completion of its pending acquisition by IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses.

ISE Statement On OPRA Market Data Issue

Date 30/10/2013

The International Securities Exchange (ISE) experienced a technical issue that led to a disruption in its outbound market data feed to OPRA commencing at the market open through approximately 10:55 am. The root cause has been identified as a configuration error on the OPRA side that they applied specifically to the communication lines dedicated to receiving data from ISE and ISE Gemini. After implementing a temporary work-around to resolve the issue this morning, ISE and OPRA technology teams are collaborating to restore the proper configuration.

Dissenting Statement Of CFTC Commissioner Scott D. O’Malia, Enhancing Protections Afforded Customers And Customer Funds Held By Futures Commission Merchants And Derivatives Clearing Organizations

Date 30/10/2013

I respectfully dissent from the Commission’s approval today of the final Customer Protection Rules.

I supported the proposed rules because I wanted to solicit public comment and engage market participants in an open discussion about how the Commission should improve its customer protection regulatory oversight.

Federal Reserve Issues FOMC Statement

Date 30/10/2013

Information received since the Federal Open Market Committee met in September generally suggests that economic activity has continued to expand at a moderate pace. Indicators of labor market conditions have shown some further improvement, but the unemployment rate remains elevated. Available data suggest that household spending and business fixed investment advanced, while the recovery in the housing sector slowed somewhat in recent months. Fiscal policy is restraining economic growth. Apart from fluctuations due to changes in energy prices, inflation has been running below the Committee's longer-run objective, but longer-term inflation expectations have remained stable.

Chairman Gary Gensler Statements Of Support - Enhancing Protections Afforded Customers And Customer Funds Held By Futures Commission Merchants And Derivatives Clearing Organizations

Date 30/10/2013

I support the final rule enhancing the protection of customer funds when entering into uncleared swap transactions. Today’s final rule fulfills Congress’ mandate that counterparties of swap dealers be given a choice regarding whether or not they get the protections that come from segregation of monies and collateral they post as initial margin. These are important customer protections for counterparties as they enter into customized swaps with swap dealers.

IOSCO Urges Implementation Of Principles For Financial Benchmarks

Date 30/10/2013

The International Organization of Securities Commissions published today a public communique entitledImplementation of the Principles for Financial Benchmarks, in which it encourages administrators to take all the necessary measures to comply with the IOSCO Principles for Financial Benchmarks.

Opening Statement, CFTC Commissioner Scott D. O’Malia, Open Meeting On Rules Enhancing Protections Afforded Customers And Customer Funds Held By Futures Commission Merchants And Derivatives Clearing Organizations

Date 30/10/2013

Mr. Chairman,

I would like to thank staff for their hard work on the customer protection rules. I appreciate the hard work of the staff of DSIO, DCR and OGC who have contributed to this rulemaking.