News Centre

Amman Stock Exchange: Sunday A Public Holiday To Celebrate Lunar New Year

Date 27/09/2016

According to a communiqué issued by Prime Minister to all ministries and public departments on the occasion of the lunar New Year (Islamic Hijri Calendar). Accordingly the Amman Stock Exchange (ASE) will observe a holiday on Sunday Oct 2, 2016.

Bilateral Margining Driving New Member Activity At ForexClear

Date 27/09/2016

• 10 entities have increased or commenced activity in the last 6 months
• ForexClear now has 24 members of the service
• Over $100bn in notional cleared last week, the largest week since service’s inception in 2012

Accuity Unveils Next Generation Of Assurance Services To Provide More Sophisticated Control In Sanctions Operations And Better Assurance For Compliance Professionals

Date 27/09/2016

Accuity, the leading global provider of financial crime compliance solutions, is developing the next generation of assurance services with policy management capability to help compliance professionals respond to increased regulatory scrutiny for transparency, traceability and auditability. The new service will provide compliance leaders with oversight, control and assurance over their screening systems, which will support their agile decision making as well as empower them to address regulators’ questions regarding live and past configuration of their screening filters.

Better Finance: Fees Take A Big Bite Out Of Real Returns Of EU Long-Term Savings

Date 27/09/2016

Whereas the European Supervisory Authorities (ESAs) have a legal duty to collect, analyse and report data on “consumer trends” in their respective fields, the unfortunate reality is that long-term and pension savings remain one of the few retail services where neither the customers nor the public supervisors are properly informed about the real net performance of the services rendered.

Federal Reserve Vice Chairman Stanley Fischer, At The Convocation For The Department Of Economics, Howard University, Washington, D.C., September 27, 2016, Why Study Economics?

Date 27/09/2016

I am very pleased to visit today with the students and faculty of the Howard University Economics Department. First, a fact that you know but others may not: The Howard University Economics Department is the only producer of economics Ph.D.'s among the nation's historically black colleges and universities, and it has been teaching economics to undergraduates for nearly a century.

SEC: Oil Services Company Paying $140 Million Penalty For Accounting Fraud

Date 27/09/2016

The Securities and Exchange Commission today announced that oil services company Weatherford International has agreed to pay a $140 million penalty to settle charges that it inflated earnings by using deceptive income tax accounting.  Two of the company’s senior accounting executives at the time have agreed to settle charges that they were behind the scheme.

Borsa Italiana: World Bank Issues Two Fixed Rate Bonds On EuroMOT - World Bank Issued Two Bonds For A Total Value Of About €9,5 Million

Date 27/09/2016

World Bank today listed two fixed rate bonds on EuroMOT with a combined value of about €9,5 million. Bonds are issued in South African Rand currency (ZAR), with a coupon rate of 6.60%, and in Brazilian Real (BRL) currency, with a coupon rate of 7.60%, and they are valid until the 26  September 2019.

CFTC Orders Advanced Trading Workshop, Inc. Of Jamesville, New York, To Pay A Total Of $940,000 In Disgorgement And A Civil Monetary Penalty For Solicitation Fraud And Failure To Register

Date 27/09/2016

The U.S. Commodity Futures Trading Commission today issued an Order filing and simultaneously settling charges against Respondent Advanced Trading Workshop, Inc. (ATW) of Jamesville, New York, for fraudulently soliciting clients and prospective clients to purchase access to an online trading room and failing to register with the CFTC as a Commodity Trading Advisor (CTA) as required. ATW, in or about November 2013, changed its name to Sniper Scalping, Inc.

Quotes For NEO-Listed Securities Now Available On Globe And Mail Website

Date 27/09/2016

NEO Exchange Inc. (“NEO Exchange” or “NEO”) today announced that The Globe and Mail is now offering live quotes for NEO-listed securities on its Globe Investor site. The Globe and Mail is one of Canada’s leading news media companies and a trusted source of market information for Canadians. 

Keynote Remarks Of CFTC Chairman Timothy Massad Before The SIFMA Annual Meeting

Date 27/09/2016

Thank you for that kind introduction. I’m very pleased to be with you today.

It’s been a busy month. As many of you may know, rules for margin on uncleared swaps went into effect on September 1. We held an open meeting to finalize protections against cyberattacks in our markets, and we issued a comparability determination for Japan’s margin rules. In addition, the Commission is currently considering a one-year delay in the decrease of the swap dealer de minimis threshold, and I hope that we will soon finalize additional clearing requirements for interest rate swaps that are subject to a clearing mandate in another jurisdiction.