News Centre

"Two Species" - Opening Remarks Of CFTC Commissioner Bart Chilton Before The European Commission

Date 14/06/2011

Thank you for the invitation to be with you. It is an honor, particularly to be on the panel with Commissioner Barnier.

SIFMA Statement On CFTC Announcement On Swap Market Rules

Date 14/06/2011

SIFMA today issued the following statement from Ken Bentsen, Executive Vice President, following the announcement by the U.S. Commodity Futures Trading Commission that it would address the issue of certain provisions of new swap market rules that are scheduled to go into effect next month but rely on or require other rulemakings, which are not yet finalized:

“SIFMA welcomes the CFTC’s recognition that the looming July 16th deadline presents a serious problem and raises questions of legal certainty around swap transactions absent the completion of the rulemaking process.  We will review the details as soon as they are released to determine if today’s action sufficiently addresses the question of legal certainty for existing transactions and those entered into before final rules are effective. The Dodd-Frank Act creates an entire new legal framework and entails a complex rulemaking agenda; we encourage and appreciate efforts to get it right and to ensure markets are not disrupted while this important rulemaking proceeds.”

NYSE Technologies Selects UNX Catalyst To Provide Desktop Access To Its Capital Markets Community Platform’s Services - Through The Collaboration, UNX Becomes First Third-Party Partner To Offer A Service On The NYSE Technologies Capital Markets Community Platform

Date 14/06/2011

NYSE Technologies, the commercial technology unit of NYSE Euronext, and UNX, aninnovative trading technology provider (www.unx.com), are collaborating to deliver customizable technology, content and services to the global trading community that utilize the power and flexibility of the NYSE Technologies Capital Markets Community Platform. Through this collaboration, UNX becomes the first third-party provider to offer a service on the Community Platform’s cloud infrastructure and helps accelerate NYSE Technologies’ vision to empower customers by simplifying global market access and reducing trading friction.

U.S. Agencies Adopt A Final Rule To Establish A Risk-Based Capital Floor

Date 14/06/2011

Three federal banking regulatory agencies adopted a final rule that establishes a floor for the risk-based capital requirements applicable to the largest, internationally active banking organizations. The rule, finalized by the Federal Reserve Board, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency, is consistent with the requirements of Section 171 of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

NYSE Liffe U.S. Reaches New Records In Volume And Customer Participation - Crosses Major Milestone With Over 500,000 In Total Exchange Open Interest -Substantial Volume And Open Interest Accomplished In Less Than 3 Months Of Trading -Successful Start Of The Migration Of MSCI Based Futures To NYSE Liffe U.S.

Date 14/06/2011

NYSE Liffe U.S., the U.S. futures exchange of NYSE Euronext (NYX), today announced that the exchange has reached a key milestone in customer participation with total exchange Open Interest surpassing a half million contracts and approaching 550,000.  Less than 3 months after launching Eurodollar and U.S. Treasury futures on the exchange, Open Interest is just under 470,000 with more than 4 million total contracts traded.  This level of volume, open interest and liquidity is evidence of the rapid acceptance of NYSE Liffe U.S. by customers and is an unprecedented accomplishment for a new futures exchange.

Component Changes Made To Dow Jones Islamic Market Indexes - Regular Annual And Quarterly Review Results

Date 14/06/2011

Dow Jones Indexes, a leading global index provider, today announced the results of the regular annual review of the Dow Jones Islamic Market Titans 100 Index and its three sub-indexes, Dow Jones Islamic Market U.S. Titans 50 Index, Dow Jones Islamic Market Asia/Pacific Titans 25 Index and Dow Jones Islamic Market Europe Titans 25 Index as well as the Dow Jones Islamic Market Malaysia Titans 25 Indexand the regular quarterly review of the Dow Jones Islamic Market World, Country and Regional indexes. All changes will be effective after the close of trading on Friday, June 17, 2011.

Federal Reserve Chairman Ben S. Bernanke At The Annual Conference Of The Committee For A Responsible Federal Budget, Washington, D.C.

Date 14/06/2011

Fiscal Sustainability

I am pleased to speak to a group that has such a distinguished record of identifying crucial issues related to the federal budget and working toward bipartisan solutions to our nation's fiscal problems. Today I will briefly discuss the fiscal challenges the nation faces and the importance of meeting those challenges for our collective economic future. I will then conclude with some thoughts on the way forward.

Mario Draghi Presents His Credentials As Candidate ECB President

Date 14/06/2011

Mario Draghi, candidate designate for the European Central Bank presidency, told Economic and Monetary Affairs Committee MEPs on Tuesday that the ECB must not be diverted from its primary goal of price stability and that he would use the European Parliament venue to strengthen the ECB's accountability to citizens. Voluntary involvement of private investors as part of a solution to the Greek crisis is workable, he added.

ISDA Research Note: On The Impossibility Of Correctly Calibrating The Current Exposure Method For Large OTC Derivatives Portfolios

Date 14/06/2011

Click to open the Research Note

Written Testimony By U.S. Treasury Under Secretary For International Affairs Lael Brainard - House Financial Services Subcommittee On International Monetary Policy And Trade - “The Role Of The U.S. In The World Bank And Multilateral Development Banks: Bank Oversight And Requested Capital Increases”

Date 14/06/2011

Chairman Miller, Ranking Member McCarthy, distinguished members of the Committee, thank you for the opportunity to testify before the House Financial Services Committee, Subcommittee on International Monetary Policy and Trade regarding the central role the multilateral development banks (MDBs) play in promoting U.S. interests and leadership around the world.