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  • National Institute Of Economic And Social Research Estimates Of U.K. Monthly GDP

    Date 11/10/2011

    The National Institute of Economic and Social Research monthly estimates of GDP suggest that output grew by 0.5 per cent in the three months ending in September after growth of 0.4 per cent in the three months ending in August. UK economic growth over the past year has been anaemic; the level of output is only 0.5 per cent higher than this time last year. The level of GDP is still 4 per cent below its pre-recession peak, suggesting that this recovery will be the weakest of any since the end of the First World War.

  • Remarks Before The Futures Industry Association - CFTC Chairman Gary Gensler

    Date 11/10/2011

    Good morning. I thank the Futures Industry Association (FIA) for inviting me to speak today and John Damgard for that kind introduction. This is the third year that I’ve spoken at FIA’s Chicago event, and it’s always a good opportunity to hear directly from the futures industry.

  • Citi Selects Fidessa To Deliver Global Derivatives Platform

    Date 11/10/2011

    Citi has selected Fidessa to provide it with a class-leading workflow and trading platform for the bank's global listed derivatives business.

  • Federal Reserve Board Seeks Comment On Proposal To Implement "Volcker Rule" Requirements Of The Dodd-Frank Act

    Date 11/10/2011

    The Federal Reserve Board on Tuesday requested public comment on a proposed regulation implementing the so-called "Volcker Rule" requirements of section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act. Section 619 generally contains two prohibitions. First, it prohibits insured depository institutions, bank holding companies, and their subsidiaries or affiliates (banking entities) from engaging in short-term proprietary trading of any security, derivative, and certain other financial instruments for a banking entity's own account, subject to certain exemptions. Second, it prohibits owning, sponsoring, or having certain relationships with, a hedge fund or private equity fund, subject to certain exemptions.

  • JonesTrading Paper On Relationship Based Trading: "The Algo of Choice In Tough Times: - The Human Equation"

    Date 11/10/2011

    Dante begins the Divine Comedy by taking a journey though the rings of hell. By contract, Winston Churchill had healthier attitude about hell when he said: “When you’re going through hell, keep going.” These days can seem like we’re closer to Dante but what we need is Churchill.