News Centre

Monetary Authority Of Singapore: New Measure To Help Individuals Manage Unsecured Debts

Date 15/12/2017

The Monetary Authority of Singapore (MAS) announced today a new measure to help borrowers avoid accumulating excessive unsecured debts. The Credit Limit Management Measure will cap the additional unsecured credit that a financial institution (FI) may extend to a borrower whose outstanding unsecured debts exceed six times his monthly income. This measure will take effect on 1 January 2018 and complements the existing industry-wide borrowing limit. 

Nadex Self-Certification To List New Bitcoin Spread Contracts

Date 15/12/2017

On December 14, 2017, North American Derivatives Exchange, Inc. (“Nadex”, the “Exchange”) submitted to the Commodity Futures Trading Commission (the “Commission”), pursuant to Section 5c(c)(1) of the Commodity Exchange Act, as amended (“Act”), and section §40.2(a) of the regulations promulgated by the Commission under the Act (the “Regulations”), its intent to list new Bitcoin Spread Contracts, based on the underlying USD TeraBit Price Index.  Nadex plans to launch the new contracts at 8:00am ET on trade date December 18, 2017. 

Financial Stability Oversight Council Releases Annual Report

Date 14/12/2017

The Financial Stability Oversight Council (Council) today published its 2017 annual report. The report describes significant financial market and regulatory developments, potential emerging threats to U.S. financial stability, recommendations to promote financial stability, and the activities of the Council. The report was developed collaboratively by the members of the Council and their agencies and respective staff and was approved unanimously by voting members of the Council.

CFTC Divisions Extend Time-Limited No-Action Relief From The Swap Clearing And Trade Execution Requirements For Certain Affiliated Counterparties

Date 14/12/2017

The Commodity Futures Trading Commission’s (CFTC) Divisions of Clearing and Risk (DCR) and Market Oversight (DMO) today each extended previously-issued no-action relief from the swap clearing and trade execution requirements for certain inter-affiliate transactions (CFTC Letters 16-80, 16-81, and 16-84). As described further below, DCR is extending and modifying no-action relief that was previously provided, until the earlier of December 31, 2020, or the date on which amendments to relevant CFTC regulations take effect. Similarly, DMO is extending no-action relief that was previously provided until December 31, 2020, or the effective date of Commission action providing a permanent solution for the execution of inter-affiliate swaps.

Cboe Data Shop Plans To Add FX Offerings, Spot And Futures Bitcoin Data - Gives Customers Direct, Immediate Access To Comprehensive Data Sets In Both Asset Classes

Date 14/12/2017

Cboe Global Markets, Inc. (Cboe: CBOE | Nasdaq: CBOE) today announced Cboe Data Shop will add historical spot foreign exchange data from Cboe FX to its range of offerings beginning tomorrow, December 15. Cboe FX, Cboe's foreign exchange market, has set several new market-share records, and volume and activity on the global platform has grown.

SEC Names Kenneth A. Johnson As Chief Operating Officer

Date 14/12/2017

The Securities and Exchange Commission today announced that Kenneth A. Johnson has been named the agency's Chief Operating Officer (COO). Mr. Johnson has served as Acting COO since February 2017.

FIA: November 2017 SEF Tracker

Date 14/12/2017

Jury Finds Technology Company Founder Liable For Misleading Investors About Energy-Efficient Computer Servers, Stephanie Avakian, Co-Director, SEC Division Of Enforcement, Steven Peikin, Co-Director, SEC Division Of Enforcement

Date 14/12/2017

"We are gratified by the jury’s verdict finding William E. Mapp III liable for misleading Servergy investors about the company’s business prospects.  Corporate officers owe shareholders nothing less than the full truth, and we vigorously pursue executives who mislead people."

Qatar Stock Exchange And Qatar Development Bank Sign MoU For Cooperation

Date 14/12/2017

EBA Publishes Updated ITS Package For 2018 Benchmarking Exercise

Date 14/12/2017

The European Banking Authority (EBA) published today an update to its Implementing Technical Standards (ITS) on benchmarking of internal approaches, which define the benchmarking portfolios for the 2018 benchmarking exercise.