News Centre

Tokyo Grain Exchange: SPAN Parameters Effective From November 16, 2011 To November 30, 2011

Date 09/11/2011

The SPAN parameters applicable from November 16, 2011 (Wed) to November30, 2011 (Wed) is now available on the Japan Commodity Clearing House website at the following URL: http://www.jcch.co.jp/i/

BM&FBOVESPA Signs Contract For New Clearing System - System Created By Swedish Company Cinnober Will Accelerate And Enhance The Project To Integrate The Exchange’s Four Clearinghouses

Date 09/11/2011

BM&FBOVESPA signed an exclusive contract with Swedish technology company Cinnober on October 21, 2011 for the perpetual licensing of TRADExpress RealTime Clearing. This is a state-of-the-art, flexible multimarket clearing system with real time data processing and risk calculation capacities.

“TRADExpress RealTime Clearing will be an important instrument for accelerating and enhancing the integration project for the Exchange’s four clearinghouses – securities, derivatives, FX, and equities. One of the important features of this project is the CORE (Close-out Risk Evaluation) system, which will permit risk netting between different classes of assets and contracts, granting users of the Exchange’s clearing systems greater efficiency in the allocation of capital," said Cícero Vieira Neto, Chief Operating, Clearing and Depository Officer.

BM&FBOVESPA Monthly Operational Figures Report - October 2011

Date 08/11/2011

Click here to open the file.

Kansas City Board Of Trade To Reinstate Margin Ratio Tuesday, Nov. 15

Date 08/11/2011

The Kansas City Board of Trade on Tuesday, Nov. 15 will reinstate customer initial to maintenance ratios to 1.25, following a temporary reduction to 1.00 that was announced on November 7.

MGEX Daily Electronic Volume Reaches Top 20 All Time

Date 08/11/2011

MGEX today announced record daily electronic trading volume. With 12,076 contracts transacted electronically, volume of the flagship Hard Red Spring Wheat (HRSW) contract broke into the record books with a top 20 electronic trading day.

Azerbaijani Financial Opportunities Brought To The City Of London

Date 08/11/2011

More than 150 investment bankers, investment specialists, lawyers, consultants, analysts and journalists descended on the UK Headquarters of Baker & McKenzie in the City of London on 7 November to learn of the exciting opportunities presented by the nascent Azerbaijani financial sector.

Monoline Exposures Resulted In $54 Billion In Charges For Banks, According To New ISDA Study

Date 08/11/2011

The counterparty credit risk exposure of 12 US bank holding companies and international banking companies to monoline insurers has led to some $54 billion in write-downs by the banks since 2007, according to a new analysis by the International Swaps and Derivatives Association, Inc. (ISDA).

SEC Obtains Record $92.8 Million Penalty Against Raj Rajaratnam

Date 08/11/2011

The Securities and Exchange Commission today obtained a record financial penalty of $92.8 million against billionaire hedge fund manager Raj Rajaratnam for widespread insider trading. 

Joint Trade Associations Comment On The Consultative Document On Data Template For Global Systemically Important Banks

Date 08/11/2011

In a letter responding to the Financial Stability Board’s (FSB) Consultative DocumentUnderstanding Financial Linkages: A Common Data Template for Global Systemically Important Banks (G-SIBs), major trade associations representing the global financial services industry agree that a common data template for large global financial institutions has the potential to both streamline data reporting for the institutions, as well as make important data available for macro-prudential analysis.  However, standardized definitions of the data elements requested should be established, clear data security and confidentiality protections must be set up, and the initiative also needs to be designed carefully and narrowly or it could simply add to the already large number of data initiatives underway, and their associated costs, without clear benefit. 

“T Minus 0” - Speech Of CFTC Commissioner Bart Chilton To The 4th Annual Risk Management In Energy Trading Conference, Hotel Derek, Houston, Texas

Date 08/11/2011

Introduction

It’s good to spend some time with you today in Houston. Thanks for having me. Thanks especially to Jeremy Anders for the invitation.