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New York Attorney General Eric T. Schneiderman Announces $1.8 Million Community Climate Initiative To Fund Locally-Based Responses To Climate Change - Competitive Grant Program Will Offer Funds To Local Organizations Statewide To Pilot Climate Initiatives Tailored To Their Communities - Funding For Program Obtained From Court-Ordered Settlement With American Electric Power For Violations Of Clean Air Act - Schneiderman: New York’s Communities Are On The Front Line Of Climate Change, So They Must Be Our First Line Of Defense Against It
Date 21/04/2015
Attorney General Eric T. Schneiderman today announced that the creation of a new $1.8 million program to fund the development of local responses to climate change. The Community Climate Initiative will provide competitive grants to locally-based organizations across the state to respond to climate change in their communities, from fostering public awareness in fighting air pollution that contributes to climate change to promoting energy efficiency or renewable energy. Funding for the Community Climate Initiative was obtained through a 2007 court-ordered settlement with American Electric Power, the largest U.S. power company, for violations of the federal Clean Air Act.
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Tradermade Systems Ltd. Unveils Maverick 4.1 Upgrade - New Features And Functionality Contribute To Enhanced Productivity
Date 21/04/2015
Tradermade Systems Ltd., a provider of real-time market data and proprietary analytics software to central banks, leading corporations, financial institutions and individual traders, today unveiled Maverick 4.1, an upgraded version of its industry-leading Maverick charting solution. The upgrade includes new features and usability enhancements which are relevant to all platform users and specifically designed to increase a user's work efficiency.
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Remarks At University Of South Carolina And UNC-Charlotte 4th Annual Fixed Income Conference, SEC Commissioner Michael S. Piwowar, April 21, 2015
Date 21/04/2015
Thank you, Jean [Helwege] and Dolly [King], for inviting me to speak at this great conference. I always enjoy getting back to college campuses and spending time with students and fellow academics. Of course, I am using the term “fellow academics” a bit loosely. Although I spent my early career producing academic research, my intervening years in Washington, DC probably make it more accurate to call me a “reformed academic.” The reality is that I am now strictly a consumer of your scholarly work. In my current role, I am constantly reminded of the value of quality academic research to our financial markets, and more specifically the great insights it can provide to financial regulators. Research is particularly important in the area that is the focus of this conference: fixed income markets.
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CFTC Charges U.K. Resident Navinder Singh Sarao And His Company Nav Sarao Futures Limited PLC With Price Manipulation And Spoofing - The CFTC Complaint Alleges That Defendants’ Manipulative Conduct Contributed To The Market Conditions That Led To The May 6, 2010 Flash Crash
Date 21/04/2015
The U.S. Commodity Futures Trading Commission (CFTC) today announced the unsealing of a civil enforcement action in the U.S. District Court for the Northern District of Illinois against Nav Sarao Futures Limited PLC (Sarao Futures) and Navinder Singh Sarao (Sarao) (collectively, Defendants). The CFTC Complaint charges the Defendants with unlawfully manipulating, attempting to manipulate, and spoofing — all with regard to the E-mini S&P 500 near month futures contract (E-mini S&P). The Complaint had been filed under seal on April 17, 2015 and kept sealed until today’s arrest of Sarao by British authorities acting at the request of the U.S. Department of Justice (DOJ). After the arrest, the DOJ unsealed its own criminal Complaint charging Sarao with substantively the same misconduct.
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Futures Trader Charged With Illegally Manipulating Stock Market, Contributing To The May 2010 Market ‘Flash Crash’
Date 21/04/2015
A futures trader was arrested in the United Kingdom today on U.S. wire fraud and commodities fraud and manipulation charges in connection with his alleged role in the May 2010 “Flash Crash,” when the Dow Jones Industrial Average plunged 600 points in five minutes, announced Assistant Attorney General Leslie R. Caldwell of the Justice Department’s Criminal Division and Special Agent in Charge Robert J. Holley of the FBI’s Chicago Division.
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Information Mosaic Wins Best Operational Risk Management Solution And Excellence Award
Date 21/04/2015
Information Mosaic (IM), leaders in global post-trade securities processing have won the Best Operational Risk Management Solution which will be presented to IM at the annual SecOps USA conference to be held in New York City on the 1st and 2nd of June. IM are also winners of the FTF Excellence award, which will also be presented to IM at the SecOps Gala Dinner to be held at the famous Rainbow Room, Rockefeller Plaza.
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Dubai Financial Market PJSC Board Of Directors' Meeting
Date 21/04/2015
The Board of Directors' of Dubai Financial Market PJSC will hold a Board of Directors' Meeting on Sunday 26/4/2015, at 2:00 PM at Borse Dubai to discuss the financial performance of the company and approve the Review report and condensed consolidated interim financial information for the three month period ended 31 March 2015. The Board will also iscuss the normal business activities and any business issues as arise.
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EGX Launches Electronic Disclosure System
Date 21/04/2015
In a step to raise the Egyptian market efficiency and to increase the disclosure and transparency levels, The Egyptian Exchange (EGX) will launch next Thursday the first electronic system for direct disclosure of companies, where the listed companies will be able to post their disclosure reports directly to the trading screens for investors, which reduces the time and effort required for companies to disclose their material news, furthermore to reduce errors caused by human intervention and to enable investors to identify the companies’ developments and their financial positions instantly at the same time for all of them.
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OpenLink Voted Best Middle-To-Back Office Integration Solution In 2015 Financial Technology Forum Awards
Date 21/04/2015
OpenLink, the global leader in trading and risk management solutions to the financial services, corporate, energy, and commodities industries, today announced that it has been recognized as a top solutions provider in the 2015 Financial Technology Forum (FTF) News Technology Innovation Awards.
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TMX Group Announces Regulatory Approval Of TSX Alpha Exchange Model - TMX Group To Move Ahead With Market-Driven Solutions To Improve Execution Quality And Reduce Trading Costs
Date 21/04/2015
TMX Group today announced that it has received Ontario Securities Commission approval for changes to its TSX Alpha Exchange ("Alpha") trading model. The changes are key elements of TMX Group's recently announced proposal to reposition its equities trading platforms to meet evolving customer needs and strengthen Canada's capital markets.
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