News Centre

CME Group Announces Record Live Cattle Futures Open Interest, Surpassing 450,000 Contracts

Date 22/03/2019

CME Group, the world's leading and most diverse derivatives marketplace, today announced Live Cattle futures open interest (OI) reached a record 453,659 contracts on March 21, surpassing 450,000 contracts for the first time. This marks five-consecutive OI record days, including the prior record of 449,733 contracts set on March 20.

Revised Meeting Agenda For CFTC Open Commission Meeting On March 25

Date 22/03/2019

Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo announced a revised agenda for the CFTC’s open meeting on Monday, March 25, 2019, at 10:00 a.m., to consider the following:

• Interim Final Rule Regarding Margin Requirements for Uncleared Swaps for Swap Dealers and Major Swap Participants in Light of Brexit; and
• Final Rule Regarding the De Minimis Exception to the Swap Dealer Definition – Swaps Entered into by Insured Depository Institutions in Connection with Loans to Customers

Nigerian Stock Exchange Weekly Market Report For March 22nd 2019

Date 22/03/2019

A total turnover of 1.198 billion shares worth N12.273 billion in 18,293 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.113 billion shares valued at N13.465 billion that exchanged hands last week in 15,036 deals. 

CFTC Commitments Of Traders Reports Update

Date 22/03/2019

The current reports for the week of March 22, 2019 are now available.

Federal Reserve System Publishes Annual Financial Statements

Date 22/03/2019

The Federal Reserve System on Friday released the 2018 combined annual audited financial statements for the Federal Reserve Banks, as well as statements for the 12 individual Federal Reserve Banks and the Board of Governors. An independent public accounting firm engaged by the Board has issued unqualified opinions on the financial statements and on the Board's and the Bank's internal controls over financial reporting. The audited financial statements provide information about the assets, liabilities, and earnings of the Reserve Banks and the Board as of December 31, 2018.

Railway Safety And Connectivity With The UK – European Council Adopts Brexit Contingency Measures

Date 22/03/2019

The EU is ensuring continuity of train services between the EU (France and Ireland) and the United Kingdom in the event of the UK leaving the EU without a deal. The Council today adopted a regulation on a temporary extension of the validity of certain authorisations, certificates and licences that are needed to run the services. The aim of this extension is to allow the parties concerned to conclude the necessary agreements and take any other measures to avoid disruption, taking into account the status of the UK as a non-EU country.

SEC: Merrill Lynch To Pay Over $8 Million For Improper Handling Of ADRs

Date 22/03/2019

The Securities and Exchange Commission today announced that Merrill Lynch, Pierce, Fenner & Smith Incorporated will pay over $8 million to settle charges of improper handling of “pre-released” American Depositary Receipts (ADRs).

Nigerian Stock Exchange Celebrates 2019 Global Money Week

Date 22/03/2019

The Nigerian Stock Exchange (NSE) has concluded plans to celebrate this year’s Global Money Week across its offices nationwide. The week begins from Monday, March 25 and ends on Friday, March 29, 2019. The theme for this year’s celebration, ‘Learn. Save. Earn”, has been carefully selected to help children and youth learn about savings and explore investment opportunities so as to become better money managers and improve their overall quality of life.

BETTER FINANCE: EU Authorities Supervising Financial Services To Get Stronger Consumer Protection Powers

Date 22/03/2019

The Authorities responsible for supervising financial services at EU level are to be granted enhanced powers that will finally equip them with the necessary teeth to ensure robust consumer protection.

Office Of The Comptroller Of The Currency Reports Fourth Quarter 2018 Bank Trading Revenue

Date 22/03/2019

The Office of the Comptroller of the Currency (OCC) reported trading revenue of U.S. commercial banks and federal savings associations of $4.2 billion in the fourth quarter 2018, which was $2.9 billion, or 41.0 percent, less than the previous quarter.