News Centre

Account Of The Monetary Policy Meeting Of The Governing Council Of The European Central Bank, Held In Frankfurt Am Main On Wednesday And Thursday, 15-16 July 2015

Date 14/08/2015

1. Review of financial, economic and monetary developments and policy options

Financial market developments

Mr Cœuré reviewed recent financial market developments.

Since the Governing Council’s monetary policy meeting on 2-3 June 2015, financial markets had again been characterised by volatility, in part driven by uncertainty related to developments in Greece. The Eurosystem nevertheless continued to smoothly execute the expanded asset purchase programme (APP), in line with the announced moderate frontloading of purchases.

SGX Urges Caution When Dealing In CEFC Shares - Notes Small Number Of Offshore Accounts Accounted For 40% Of Recent Buying

Date 14/08/2015

Singapore Exchange (SGX) today notes CEFC International Limited’s 10 August announcement of a placement of about 705 million shares at $0.35 each. This follows the company’s 21 July reply to SGX’s public query, saying that it was not aware of any information about the company that was not previously announced, apart from a potential joint venture and related funding, which if known might explain the trading activity in its shares. SGX issued a Trade with Caution warning after CEFC’s 21 July reply. 

SEC Market Structure Data: Q2 2015 Data Now Available

Date 14/08/2015

SEC Staff is pleased to provide you with the following updates:

• Updated Metrics. Data series containing daily cancel-to-trade ratios, trade-order volumes, hidden rates, and odd-lot rate metrics for Q2 2015 are now available. This data extends to 42 total months the data series you can view in the data visualization tool as well as download in CSV format. The visualization for quote-life data now defaults to Q2 2015.

BM&FBOVESPA Announces Results For The Second Quarter Of 2015

Date 14/08/2015

• 19.4% top line year-on-year growth reflects higher volumes in derivatives and equities combined with increased revenues from other services not related to volumes
• Adjusted net income[1] grew 17.2% to R$436.8 million; adjusted EPS grew 19.8% to R$0.243
• Payout practice: maintenance of a payout ratio of 80% of the IRFS net income with a higher proportion of total payout for the year in the form of interest on capital

Statement At The End Of An IMF Staff Visit To Greece

Date 14/08/2015

A staff team from the International Monetary Fund (IMF), led by Delia Velculescu, visited Athens during July 30-August 12 to participate in technical discussions between the Greek authorities and the European Commission, European Central Bank and European Stability Mechanism (ESM) on an economic program that could be financially supported by the ESM.

Canadian Securities Regulators Propose Harmonized Reporting For The Exempt Market

Date 13/08/2015

Today, the Canadian Securities Administrators (CSA) published for comment proposed amendments to National Instrument 45-106 Prospectus Exemptions that would introduce a new harmonized report of exempt distribution.

Reuters Launches Partner Marketplace, Offering High Value Video Content From A Range Of Handpicked Providers

Date 13/08/2015

Today Reuters, the world’s largest international multimedia news provider, announced the launch of Reuters Partner Marketplace, a service offering clients fully-licensed high value video content from a range of specialist providers, available via a single, tiered usage subscription. All partners are handpicked by Reuters to ensure authenticity and accuracy, and cover an array of topics, including animated news content, celebrity news and viral videos.

Statement On Edward D. Jones Enforcement Action - SEC Commissioners Luis A. Aguilar, Daniel M. Gallagher, Kara M. Stein And Michael S. Piwowar

Date 13/08/2015

The Commission’s recent enforcement action against Edward D. Jones involving the offer and sale of municipal bonds to retail investors highlights the need for clear rules requiring the disclosure of mark-ups and mark-downs. We encourage the Financial Industry Regulatory Authority (FINRA) and the Municipal Securities Rulemaking Board (MSRB) to complete rules mandating transparency of mark-ups and mark-downs, even in riskless principal trades. If not, we believe the Commission should propose rules to address this important issue.

Office Of The Comptroller Of The Currency: Amrit Sekhon Named Deputy Comptroller For Capital And Regulatory Policy

Date 13/08/2015

Amrit Sekhon today was named Deputy Comptroller for Capital and Regulatory Policy at the Office of the Comptroller of the Currency (OCC).

CFTC Staff Issues Extension To Time-Limited No-Action Letter On The Applicability Of Transaction-Level Requirements In Certain Cross-Border Situations

Date 13/08/2015

 The U.S. Commodity Futures Trading Commission’s (CFTC or Commission) Divisions of Swap Dealer and Intermediary Oversight (DSIO), Clearing and Risk, and Market Oversight (Divisions) today issued a time-limited no-action letter that extends relief to swap dealers (SDs) registered with the Commission that are established under the laws of jurisdictions other than the United States (Non-U.S. SDs) from certain transaction-level requirements under the Commodity Exchange Act.