News Centre

From Our Man At The 31st Annual FIA Futures & Options Expo - Tom Groenfeldt: Exchanges Are Interested In Blockchain, Wary Of Bitcoin

Date 05/11/2015

Exchange CEOs are interested in Blockchain. Edward Tilly, CEO of the Chicago Board Options Exchange (CBOE) said he thinks all the exchanges have been approached by companies with some great ideas for using Blockchain.

TMX Group Equity Financing Statistics – October 2015

Date 05/11/2015

TMX Group today announced its financing activity on Toronto Stock Exchange and TSX Venture Exchange for October 2015.

CFTC Staff Publishes Responses To Frequently Asked Questions Regarding Commission Forms CPO-PQR And CTA-PR

Date 05/11/2015

The U.S. Commodity Futures Trading Commission’s Division of Swap Dealer and Intermediary Oversight (DSIO) today published responses to frequently asked questions concerning Commission Forms CPO-PQR and CTA-PR (FAQs).

Federal Reserve Governor Daniel K. Tarullo, At "The Future Of Large And Internationally Active Banks" 18th Annual International Banking Conference, Sponsored By The Federal Reserve Bank Of Chicago And The World Bank, Chicago, Illinois, November 5, 2015, Shared Responsibility For The Regulation Of International Banks

Date 05/11/2015

The regulation of financial institutions is necessarily a dynamic exercise. Growth or innovations in banking may create new risks that prompt regulatory change. The new requirements, in turn, incentivize or disincentivize certain actions by financial institutions, including shifts in activity that may start anew the process of regulatory response. The regulation of international banking reflects this general pattern, but because internationally active banks can quickly transmit financial problems across national boundaries, it also features the question of who should be doing the regulating in a dynamic financial environment.

SEC: Bryan Bennett Named To Head Exam Program In Los Angeles Office

Date 05/11/2015

The Securities and Exchange Commission today announced that it has named Bryan Bennett to lead the examination program in its Los Angeles Regional Office.  Mr. Bennett has been an assistant director in the Los Angeles examination program since January.  In his new role, he will oversee the SEC’s exam program in Southern California, Nevada, Arizona, Hawaii, and Guam with a staff of approximately 60 examiners, accountants and attorneys.

Federal Reserve Announces Sixth Triennial Study To Examine U.S. Payments Usage

Date 05/11/2015

The Federal Reserve today announced plans to conduct its sixth triennial study to determine the current aggregate volume and composition of electronic and check payments in the United States. The study builds upon research begun by the Federal Reserve in 2001 to provide the public and the payments industry with estimates and trend information about the evolving nature of the nation's payments system. A public report containing initial topline estimates is expected to be published in December 2016.

EBA Announces Details Of 2016 EU-Wide Stress Test

Date 05/11/2015

The European Banking Authority (EBA) published today its 2016 EU-wide stress test draft methodology for discussion. The stress test will be formally launched in the first quarter of 2016 and will cover over 70% of the EU banking sector and will assess EU banks' ability to meet relevant supervisory capital ratios during an adverse economic shock. The results will inform the 2016 Supervisory Review and Evaluation Process (SREP), acting as a challenge to banks' forward looking capital plans. The exercise will also provide market participants with a consistent basis to compare and assess the resilience of EU banks. The list of institutions participating in the exercise is also released today.

FSB Completes Peer Review Of Saudi Arabia

Date 05/11/2015

The Financial Stability Board (FSB) published today its peer review of Saudi Arabia.

SGX Reports Market Statistics For October 2015

Date 05/11/2015

Securities

• Total securities market turnover value grew 3% month on month and 6% year on year to $23.1 billion, during 22 trading days compared to 21 in October 2014.
• Securities daily average value (SDAV) fell 7% month on month and increased 1% year on year to $1.0 billion. 
• Market turnover value of Exchange Traded Funds (ETFs) was $270 million, up 19% month on month and 30% year on year.
• There were 22 new bond listings, raising $13 billion.
• Total market capitalisation value of 769 listed companies stood at $930.6 billion as at end October 2015.

ESMA Consults On Indirect Clearing Arrangements

Date 05/11/2015

The European Securities and Markets Authority (ESMA) has opened today a public consultation on draft requirements regarding indirect clearing. Indirect clearing is in practice understood as when clients of a clearing member sign up clients of their own.