News Centre

Ancoa Wins ‘Best Market Surveillance Product’ At The 2016 Operational Risk Awards

Date 15/06/2016

Ancoa, provider of contextual surveillance and insightful analytics for exchanges, regulators, buy- and sell-side firms, has been awarded ‘Best Market Surveillance Product’ at the 2016 Operational Risk Awards. Ancoa was selected for its ability to demonstrate “real-time surveillance capabilities for both internal and external obligations, including pattern-recognition software and case-building capabilities.”

Succession Planning In SIX Exchange Regulation Management

Date 15/06/2016

The Board of Directors of SIX have elected Corinne Riguzzi as the new Head of SIX Exchange Regulation with effect from 1 January 2017. Corinne Riguzzi has been the Head of Surveillance & Enforcement since August 2012 as well as the Deputy Head of SIX Exchange Regulation since mid-2013. She has in-depth knowledge of the activities and duties of the self-regulation bodies of the stock exchange. Corinne Riguzzi succeeds Rodolfo Straub, who is transferring his responsibilities to his successor early in view of his retirement.

uTrade Introduces India’s First Blockchain Technology Solution ‘uClear’ For Real Time Clearing And Settlement For Financial Markets - UK Based Global Markets Exchange Group (GMEX Group) First To integrate uClear - The Solution Comes With Real Time Risk Management, Reporting And Transfer Instruction Generation Features

Date 15/06/2016

uTrade Solutions, a fintech major specializing in offering enterprise trading technology solutions, has today announced the launch of ‘uClear’.

CFTC Requests Public Comment On A Rule Amendment Certification Filing By ICE Futures U.S.

Date 14/06/2016

The U.S. Commodity Futures Trading Commission (CFTC) is requesting public comment on a rule amendment certification filing by ICE Futures U.S. which would clarify that parties to a block trade may engage in pre-hedging or anticipatory hedging of the position that they believe in good faith will result from the consummation of the block trade, except for an intermediary that takes the opposite side of its own customer order. Comments must be submitted on or before July 14, 2016.

Financial Stability Oversight Council To Meet June 21

Date 14/06/2016

On Tuesday, June 21, U.S Secretary of the Treasury Jacob J. Lew will preside over a meeting of the Financial Stability Oversight Council (Council) at the Treasury Department.  The agenda will include both an executive and an open session.  The preliminary agenda for the open session includes a discussion of the Council’s 2016 annual report. 

MIAX Options - Announcement Of Secondary MIAX Options Trading System Relocation To Expanded NY4 Primary Data Center

Date 14/06/2016

As previously communicated in the April 1st, 2016 alert announcing MIAX’s comprehensive data center migration and cable equalization plan, MIAX will commence the first phase of its data center relocation by moving the NY2 Secondary MIAX Options Trading System to a newly acquired NY4 data center location.  The system relocation, commencing after trading hours Friday, June 24, 2016 for trading on Monday, June 27, 2016 will require no configuration changes to existing customer equipment.

CME Group Statement On European Securities And Markets Authority's Recognition Of CME Inc.

Date 14/06/2016

Today, CME Group Executive Chairman and President Terry Duffy, released the following statement following the European Securities and Markets Authority's recognition of CME Inc. under EU regulations: 

"We are very pleased that today the European Securities and Markets Authority (ESMA) granted CME Inc.'s application for recognition for our clearing house.  Central clearing is a critical component of the G-20 commitments, which increases transparency, reduces systemic risk and strengthens the financial system.  Today's action by ESMA will ensure that CME Clearing will be able to continue to provide the clearing services that our global customers depend upon to manage risk.  It also will ensure that US markets are not put at a disadvantage in our highly competitive global marketplace. "

Ontario Securities Commission Announces New Executive Director And Chief Administrative Officer

Date 14/06/2016

Ontario Securities Commission (OSC) Chair and Chief Executive Officer (CEO) Maureen Jensen announced today the appointment of Leslie Byberg as Executive Director and Chief Administrative Officer, effective immediately. 

Computerworld Names FINRA Among Best Places To Work In IT For 5th Consecutive Year

Date 14/06/2016

One of the best places to work in information technology happens to be in financial regulation: the Financial Industry Regulatory Authority (FINRA), according to IDG’s Computerworld. This is the fifth year in a row that FINRA has placed in Computerworld’s 100-company list. 

GDP Outlook Weakens; Business Spending And Consumer Consumption Key Factors: SIFMA Roundtable Of Economists Unveil Mid-Year 2016 Economic Outlook

Date 14/06/2016

SIFMA's Economic Advisory Roundtable forecasted that the U.S. economy will grow 1.8 percent this year, strengthening to 2.3 percent in 2017. The current outlook for 2016 is considerably weaker than the Roundtable's end-year prediction, mainly due to weaker than expected growth in the first half of the year.