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Board Of Governors Of The Federal Reserve System: Federal Open Market Committee Reaffirms Its "Statement On Longer-Run Goals And Monetary Policy Strategy"

Date 27/01/2016

As part of its annual organizational meeting actions, the Federal Open Market Committee reaffirmed its "Statement on Longer-Run Goals and Monetary Policy Strategy," with a revision to clarify that it views its inflation objective as symmetric, and with an updated reference to participants' estimates of the longer-run normal unemployment rate in the most recent Summary of Economic Projections (December 2015).

Federal Reserve Issues FOMC Statement

Date 27/01/2016

Information received since the Federal Open Market Committee met in December suggests that labor market conditions improved further even as economic growth slowed late last year. Household spending and business fixed investment have been increasing at moderate rates in recent months, and the housing sector has improved further; however, net exports have been soft and inventory investment slowed. A range of recent labor market indicators, including strong job gains, points to some additional decline in underutilization of labor resources. Inflation has continued to run below the Committee's 2 percent longer-run objective, partly reflecting declines in energy prices and in prices of non-energy imports. Market-based measures of inflation compensation declined further; survey-based measures of longer-term inflation expectations are little changed, on balance, in recent months.

Office of Financial Research Update: 2015 Annual Report To Congress

Date 27/01/2016

The OFR released its 2015 Annual Report to Congress today, fulfilling its statutory responsibility to report on potential threats to U.S. financial stability, key research findings, and progress in meeting its mission. The report also describes the 2016 agenda of the Office. The report says threats to U.S. financial stability have edged higher since last year's report, but remain in the medium, or moderate, range; that assessment has not changed since the Federal Reserve incrementally increased short-term interest rates last month.

MIAX Options - February 1, 2016 Fee Changes - New Professional Rebate Program

Date 27/01/2016

Effective February 1, 2016, pending SEC approval, the MIAX Options Exchange will amend the Fee Schedule to introduce the Professional Rebate Program.

Market Data Deathmatch Is Impacting Investors Despite Efficiency Of U.S. Equity Market, Says TABB Group Research - Exclusive Research Reveals The Large Fee Increases That Are Buttressing Data, Technology And Access Revenue Growth At Exchanges Have Led To A Deathmatch Between Brokers And Exchanges

Date 27/01/2016

It is widely accepted that electronic trading has made the U.S. equity market significantly more efficient, helping reduce spreads, commissions, and market-maker revenues, while returning dollars into the hands of investors.  At the same time that trading volumes and profits at market participants have declined, exchange revenues at the three largest U.S. equity exchange groups have risen nearly 16 percent, and the revenues for exchange data, access and technology are up 62 percent from the beginning of 2010 to the third quarter of 2015.

Nasdaq BWise Positioned As A 'Leader' In Latest Report On Governance, Risk And Compliance Platforms From Independent Research Firm

Date 27/01/2016

Nasdaq BWise (Nasdaq:NDAQ) has been positioned as a ‘Leader’ according to the Forrester Research, Inc report: “The Forrester Wave™: Governance, Risk and Compliance Platforms, Q1 2016”. Forrester Research ranked fourteen GRC technology vendors based on ‘Current offering’, ‘Strategy’ and ‘Market presence’.

Tel Aviv Stock Exchange: All New Index Methodology Is Underway

Date 27/01/2016

Vienna Stock Exchange: Austria, CEE & Turkey Investor Conference 2016 In London

Date 27/01/2016

This year's road show season starts on 28 January 2016 with an investor conference in London organized jointly with Erste Group. 

DME Sets New Open Interest Record

Date 27/01/2016

DME, the premier international energy futures and commodities exchange in the Middle East, announces today a new open interest record for its flagship Oman Crude Oil Futures contract of 31,492 lots, which is equivalent to 31.5 million barrels of Omani crude oil. The previous record was set on 28 Aug 2015 when open interest was 27,107 lots.

A New Heart For A Changing Payments System - Speech By Minouche Shafik, Deputy Governor, Markets & Banking Bank Of England, 27 January 2016, ​Given At The Bank Of England

Date 27/01/2016

The Bank at the heart of the payment system

Sometime around 1770, just a few yards from where we are sitting tonight, two of the commercial banks’ so-called ‘Walk Clerks’ congregated at the Five Bells Tavern for lunch, weary after a morning spent visiting each of their competitors in the City of London.  They reflected disconsolately on their increasingly impossible task of exchanging ever-rising numbers of paper cheques at each individual bank and settling ever-larger outstanding balances.  The idea occurred to one of them that they might encourage all of their colleagues – for each bank had such Clerks – to join them for lunch at the Five Bells every day, where instead of their tiring morning tours they could carry out a much speedier, more reliable exchange of cheques.  Thus a clearing system for the City of London was born, from which many of the UK’s modern payment systems descend.