News Centre

Circular Of Shanghai International Energy Exchange On Trading Adjustments Of Crude Oil Futures Contracts For The International Workers’ Day 2019

Date 09/05/2019

Shanghai International Energy Exchange (hereinafter referred to as “INE”), the subsidiary of Shanghai Futures Exchange has released its Circular on Trading Adjustments of Crude Oil Futures Contracts for The International Workers’ Day 2019 on April 25, 2019 as follows:

1. The market will be closed from 3:00 p.m. of April 30, 2019 to May 5, 2019. The market will resume trading on May 6, 2019 with the central auction session from 8:55 a.m. to 9:00 a.m. and the continuous trading on the night of that day.
2. If the Limit-locked market does not occur on April 29, 2019, INE will adjust the trading margin rate to 10% of the contract value and the price limit to ±8% from the settlement price of that day since the daily clearing process begins. In the case that the above adjusted trading margin rate and price limit vary from the current ones, the higher ones will prevail. 
3. The market will resume trading on May 6, 2019. As from the first trading day without the Limit-locked market, the trading margin rate and the price limit will return to 9% and ±7% respectively since the daily clearing process begins.

NZX Capital Markets 2029 Consultation Period Begins

Date 09/05/2019

Please refer to the announcement attached containing information on the consultation paper from the Capital Markets 2029 Steering Committee.

Australian Regulators Urge Financial Institutions To Plan For LIBOR Transition

Date 09/05/2019

The Australian Securities and Investments Commission (ASIC) has written to the CEOs of several major Australian financial institutions regarding their preparations for the end of LIBOR. This initiative is strongly supported by the Australian Prudential Regulation Authority (APRA) and the Reserve Bank of Australia (RBA).

Singapore Iron Ore Forum 2019 – Welcome Address

Date 09/05/2019

Introduction

1. Good morning, distinguished guests and welcome to the Singapore Iron Ore Forum.
2. We are privileged to have with us today:

CME: Micro E-mini Futures Surpass 1 Million Contracts Traded

Date 08/05/2019

CME Group, the world's leading and most diverse derivatives marketplace, today announced that Micro E-mini equity index futures volume has surpassed 1 million contracts in less than three full days of trading. This total cumulative volume represents trading across all four indexes – S&P 500, Nasdaq-100, Russell 2000 and Dow Jones Industrial Average – making Micro E-mini futures the most successful product launch ever at CME Group.

CFTC’s Division Of Enforcement Issues First Public Enforcement Manual

Date 08/05/2019

The Commodity Futures Trading Commission’s (CFTC) Division of Enforcement (DOE) published its Enforcement Manual (Manual) today. This is the first issuance of a public Manual by DOE. The Manual provides an overview of the CFTC and DOE, and it establishes certain general policies and procedures that guide the work of DOE staff in detecting, investigating, and prosecuting violations of the Commodity Exchange Act (CEA) and the CFTC Regulations.   

Weighing The Value Of Data – Trade-Offs, Transparency And Competition In The Digital Marketplace - Speech By Robin Finer, Acting Chief Economist At The FCA, Delivered At The Respublica Conference ‘The Value Of Data, Competition, And Financial Services’, London

Date 08/05/2019

Highlights:

• Data can have economic value for the consumer – it is a personalised input that reduces search costs and helps individuals to obtain products and services that better match their needs. 
• While consumers have difficulty understanding the value of their own information, the value of data to firms is augmented by their ability to combine data sources on individuals and then aggregate across consumers. The better they are at this, the more they’ll attract new business and more information.  
• By increasing our understanding of these markets and the role and value of data, we can help empower consumers to choose what to share, where, and for what, as well as informing debates about how to deal with technology firms’ market power.

CFTC Swaps Report Update

Date 08/05/2019

CFTC's Weekly Swaps Report has been updated, and is now available.

CME Group Inc. Announces Preliminary Results From Its 2019 Annual Meeting Of Shareholders

Date 08/05/2019

CME Group Inc. (NASDAQ: CME) today announced the preliminary shareholder voting results from its 2019 annual meeting. 

Remarks Of CFTC Director Of Enforcement James M. Mcdonald At The 41st Annual Conference Of The Future Industry Association’s Law & Compliance Division

Date 08/05/2019

Over the last few years, under Chairman Giancarlo’s leadership, the CFTC has implemented a number of measures to make our regulations simpler, more accessible, and more transparent.  These reforms have been policy neutral—not designed to advance one particular viewpoint over another.  Instead, these efforts were rooted in common sense—designed to make us better regulators, which in turn would lead to more efficient markets and greater economic growth.