News Centre

CFTC Orders London-Based Barclays Bank PLC To Pay A $560,000 Penalty For Inaccurate Large Trader Reports For Physical Commodity Swaps Positions

Date 06/07/2016

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Barclays Bank PLC (Barclays) for failing to submit accurate large trader reports (LTRs) for physical commodity swap positions, in violation of Section 4s(f) of the Commodity Exchange Act (CEA) and CFTC Regulations 20.4, 20.6, and 20.7. Barclays is headquartered in London and has been provisionally registered with the CFTC as a Swap Dealer since December 12, 2012.

Minutes Of The Federal Open Market Committee, June 14-15, 2016

Date 06/07/2016

The Federal Reserve Board and the Federal Open Market Committee on Wednesday released the attached minutes of the Committee meeting held on June 14-15, 2016. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the meeting is also included as an addendum to these minutes.

ITG Launches Enhanced US Smart Order Router - Delivers 35% Average Size Improvement Over Displayed Quantity

Date 06/07/2016

ITG (NYSE:ITG), a leading independent broker and financial technology provider, today announced the launch of a newly enhanced version of its smart order router. In early tests, ITG’s smart order router (SOR) returned 35% size improvement over the displayed quantity and $0.0015 per share price improvement if routed to dark and lit venues*.

EBA Announces Details Of Its 2016 Transparency Exercise

Date 06/07/2016

The European Banking Authority (EBA) announced today that it will be conducting a transparency exercise in December 2016 on a wide sample of over 100 banks, which will provide actual information on banks' balance sheet based on supervisory reporting data. Transparency exercises are an annual feature of the EBA's work but this year's exercise will be independent from, whilst complementary to, the 2016 EU-wide stress test. This will ensure appropriate coverage of banks across all countries in the EU.

CBOE Launches Second Index Series That Targets Investment Outcomes

Date 06/07/2016

• CBOE S&P 500 Enhanced Growth Index Series Uses Options to Enhance Returns
• Vest Financial to Offer Enhanced Growth Indexes Products

EMTA And CME Group Adopt Moscow Exchange USD/RUB FX Benchmark

Date 06/07/2016

Moscow Exchange"s (MOEX) USD/RUB benchmark has been recommended by the Emerging Markets Traders Association (EMTA) as the major settlement (reference) rate for OTC rouble derivatives (NDFs, NDOs) for its OTC FX members. CME Group will also use MOEX"s USD/RUB benchmark for its rouble-denominated currency futures.

EBRD Appoints Pierre Heilbronn As Vice President, Policy And Partnerships

Date 06/07/2016

The European Bank for Reconstruction and Development (EBRD) has appointed Pierre Heilbronn as Vice President, Policy and Partnerships. Reporting to the President, Mr. Heilbronn will also be a member of the Bank's Executive Committee. He will take up his post in November 2016. 

The JSE T+3 Project Goes Live

Date 06/07/2016

On Monday, July 11th, the Johannesburg Stock Exchange (JSE) will complete its move to a shorter settlement cycle, when all trades conducted on the exchange will be settled on a T+3 cycle. This is one of the ways in which the exchange is staying at the forefront of global best practice.

TSX Venture Exchange To Launch New Market Making Service Called TSXV LiquidityPro™ - Exchange Advances Initiative To Revitalize Canada's Public Venture Market With New Program To Enhance Liquidity

Date 06/07/2016

TSX Venture Exchange (TSXV) today announced the launch of a new issuer-sponsored market making service designed to enhance liquidity for public venture companies. In the optional TSXV LiquidityPro program, TSXV companies can select from a pool of pre-qualified TSXV LiquidityPro Providers (LPPs) that can provide quotation services, facilitate price discovery and increase overall liquidity for issuers under the oversight and governance of TSXV.

European Commission: Statement By Vice-President Ansip And Commissioner Oettinger Welcoming The Adoption Of The First EU-Wide Rules On Cybersecurity

Date 06/07/2016

European Commission Vice-President Andrus Ansip, responsible for the Digital Single Market, and Commissioner Günther H. Oettinger, in charge of the Digital Economy and Society, welcome today's vote by the European Parliament's plenary to adopt the Directive on Security of Network and Information Systems (the 'NIS Directive').