News Centre

Swedish Financial Supervisory Authority - Finansinspektionen - And The Riksbank Start Council For Cooperation On Macroprudential Policy

Date 18/01/2012

To mitigate risks to the financial system, Finansinspektionen (FI) and the Riksbank are establishing a council for cooperation on macroprudential policy.

Dubai Mercantile Exchange Grows Trading Volumes By 19% In 2011

Date 18/01/2012

The Dubai Mercantile Exchange Limited ("DME") recorded year-on-year trading volume growth of 19% in 2011, it announced today.

The DME delivered more than 145 million barrels of crude oil during 2011, led by its flagship DME Oman Crude Oil Futures contract ("DME Oman"), but with a series of linked contracts adding to the performance. Within this growth figure is an underlying increase in Average Daily Volume (ADV) to 3,505 contracts per day, peaking at 4,427 per day in July. This represents the highest monthly ADV since the DME began trading in 2007. New records in total volume were also set in consecutive months during July and August, the latter seeing 95,440 contracts traded through the exchange.

SIFMA Calls For Significant Changes To Current Volcker Rule Proposal At Congressional Hearing

Date 18/01/2012

SIFMA today called for significant changes in the Volcker Rule before a joint hearing of the House Financial Services Subcommittees on Capital Markets and Government Sponsored Enterprises, Financial Institutions and Consumer Credit that was examining the impact of the Rule.

NYSE Technologies Completes Toronto Liquidity Center - Expanding The Global Liquidity Network, Offering Improved Market Access And Trading Services

Date 18/01/2012

NYSE Technologies, the commercial technology division of NYSE Euronext, today announced the opening of its latest Liquidity Center installation in Toronto, ON Canada.    As one of the key trading locations identified by NYSE Technologies in building its global Liquidity Center Network, the Toronto trading solution offers a combination of services that provide high-performance access to markets, market information and other essential electronic trading infrastructure services.  

European Parliament: Alarm Bells For Talks On Closer Economic Union Deal

Date 18/01/2012

Parliament on Wednesday again sounded the alarm about possible pitfalls for the intergovernmental agreement currently being negotiated on closer economic union. Its resolution voices overwhelming doubts as to the need for any such agreement outside the EU system. It also stresses that democratic accountability must be improved, and says the deal should aim to boost growth, not just enforce austerity.

Testimony By Federal Reserve Board Governor Daniel K. Tarullo On The Volcker Rule - Before The Subcommittee On Capital Markets And Government Sponsored Enterprises And The Subcommittee On Financial Institutions And Consumer Credit, Committee On Financial Services, U.S. House Of Representatives, Washington, D.C.

Date 18/01/2012

Chairman Capito, Chairman Garrett, Ranking Member Maloney, Ranking Member Waters, and other members of the subcommittees, thank you for the opportunity to testify on the interagency proposal to implement the requirements of section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), commonly known as the Volcker Rule. My remarks today will focus on some of the issues faced in developing the interagency proposal. As I have previously noted in Congressional testimony, the goal of the Federal Reserve with respect to this and all other provisions of the Dodd-Frank Act, is to implement the statute in a manner that is faithful to the language of the statute and that maximizes financial stability and other social benefits at the least cost to credit availability and economic growth.

BATS Global Markets To Utilize Savvis’ Chicago CH4 Data Center As Secondary Facility - Chicago CH4 Will Serve As Backup Facility For All Three Of BATS’ U.S. Markets - Build Out Of Secondary Facility To Be Completed This Year

Date 18/01/2012

BATS Global Markets (BATS), a global operator of stock and options markets, and Savvis, a CenturyLink (NYSE: CTL) company and an outsourcing provider of managed computing and network infrastructure for IT applications, today announced that BATS will use Savvis’ Chicago CH4 data center as its secondary data center facility for all three of its U.S. markets.

Testimony On “Examining The Impact Of The Volcker Rule On Markets, Businesses, Investors And Job Creation” By SEC Chairman Mary L. Schapiro - Before The Capital Markets And Government Sponsored Enterprises Subcommittee And Financial Institution And Consumer Credit Subcommittee Of The U.S. House Of Representatives Committee On Financial Services

Date 18/01/2012

Chairmen Garrett and Capito, Ranking Members Waters and Maloney, and members of the Subcommittees:

Thank you for the opportunity to testify regarding the Commission’s joint proposal with the Federal banking agencies to implement Section 619 of the Dodd-Frank Wall Street Reform and Consumer Protection Act (the “Dodd-Frank Act”), commonly referred to as the “Volcker Rule.”

Testimony Before The U.S. House Financial Services Subcommittees On Financial Institutions & Consumer Credit And Capital Markets & Government Sponsored Enterprises, Washington, DC, CFTC Chairman Gary Gensler

Date 18/01/2012

Good morning Chairman Capito and Chairman Garrett and members of the subcommittees. I thank you for inviting me to today’s hearing on the Volcker Rule. I also am glad to join my fellow regulators in testifying today.

Activ Financial And Updata Announce Partnership - Powerful Combination Of Low-Latency Market Data And Advanced Trading Analytics Create Enhanced Offerings For Clients

Date 18/01/2012

Activ Financial, a global provider of fully managed low-latency and enterprise market data solutions, and Updata Inc., a leading provider of advanced trading analytics, today announced that they have integrated their services.  Activ market data clients can now use state of the art analytics from Updata while Updata Professional clients are now able to seamlessly add low-latency market data from Activ through the ActivFeed API which provides low-latency market data from over 120 global exchanges and markets covering all asset classes.  Updata Analytics provides traders and market analysts with advanced charting, technical analysis tools, system design and testing, scanning and alerts, and automated report generation.