News Centre

Statement On Making The Municipal Securities Market More Transparent, Liquid, And Fair, Commissioner Luis A. Aguilar, U.S. Securities And Exchange Commission

Date 13/02/2015

Introduction

It is difficult to overstate the importance of the municipal securities market. There is perhaps no other market that so profoundly influences the quality of our daily lives. Municipal securities provide financing to build and maintain schools, hospitals, and utilities, as well as the roads and other basic infrastructure that enable our economy to flourish. Municipal bonds’ tax-free status also makes them an important investment vehicle for individual investors, particularly retirees. Ensuring the existence of a vibrant and efficient municipal bond market is essential, particularly at a time when state and local government budgets remain stretched.

Foreign Exchange Professionals Association (FXPA) Elects Board Of Directors, Officers

Date 13/02/2015

The Foreign Exchange Professionals Association (FXPA) held elections on February 10 for its first permanent Board of Directors and Officers. The new FXPA Executive Committee includes: Chair Eric Busay, Portfolio Manager, CalPERS; Vice Chair Adam Cooper, Senior Managing Director and Chief Legal Officer of Citadel LLC; Treasurer Sean Tully, Senior Managing Director, Financial and OTC Products, CME Group; and Secretary William K. Goodbody, Jr, Managing Director, COO & Head of Sales of KCG Hotspot.

CFTC’s Energy And Environmental Markets Advisory Committee To Meet On February 26, 2015

Date 13/02/2015

The U.S. Commodity Futures Trading Commission’s (Commission) Energy and Environmental Markets Advisory Committee (EEMAC) will hold a public meeting on February 26, 2015 from 10:00 am to 4:00 pm at the Commission’s Washington, D.C. headquarters at 1155 21st Street, NW, Washington, DC 20581.

Statement on Passing Of Former SEC Commissioner Harvey J. Goldschmid by SEC Chair Mary Jo White

Date 13/02/2015

Harvey J. Goldschmid had an outstanding career as a lawyer, educator and public servant.  He served the Securities and Exchange Commission with great distinction as a Commissioner, General Counsel and as a Special Senior Advisor to Chairman Arthur Levitt.

Deutsche Börse: Deutsche Börse IPO Indicator Signals Primary Market Upturn

Date 13/02/2015

The climate for IPOs in Germany has considerably improved, according to the IPO sentiment indicator jointly developed by Deutsche Börse and TU Munich. The indicator climbed from 30.1 points to 34.2 points, reflecting buoyant sentiment among investors, companies and underwriters in the primary market.

Tronics Lists On Alternext - Raises €12 Million With Market Capitalisation Of €45.8 Million

Date 13/02/2015

EnterNext, the Euronext subsidiary dedicated to promoting and growing the market for SMEs[1], today congratulated Tronics, a designer and manufacturer of innovative nano- and micro-systems, on its successful listing on Alternext in Paris.

EU Council Backs European Commission Proposal To Fight Against The Manipulation Of Financial Benchmarks

Date 13/02/2015

The EU has today taken a further step towards restoring public trust in financial benchmarks in the wake of recent scandals over the manipulation of the LIBOR and EURIBOR benchmarks. In a move welcomed by the European Commission, the Council has given its backing to new proposed rules to enhance the robustness and reliability of benchmarks, which are used in financial instruments (e.g. bonds, shares, futures or swaps) and financial contracts (e.g. mortgages or consumer contracts) in the EU. The Commission proposed new standards in September 2013 after it emerged that some benchmarks had been manipulated, resulting in multi-million euro fines on several banks in Europe and in the US.

Benchmarks For Financial Instruments: European Council - Council Of The European Union - Agrees Stance On Tighter Controls

Date 13/02/2015

The Permanent Representatives Committee on 13 February 2015 agreed, on behalf of the Council, a negotiating stance on new rules aimed at ensuring greater accuracy and integrity of benchmarks in financial instruments.

Platts China Steel Sentiment Index Plunged In February - Sentiment Fell As Steel Sector Slowed Before Chinese New Year

Date 13/02/2015

The outlook for China’s steel market for the next 30 days is down on the back of weaker expectations for new domestic and export orders ahead of the long Chinese New Year holiday, according to the latest Platts China Steel Sentiment Index (Platts CSSI), which reflects market participants’ expectations.  

EEX: New Daily Record For Italian Power Futures

Date 13/02/2015

On 12 February, EEX has reached a new daily record of 2,608,295 MWh in Italian Power Futures. The previous record was registered on 18 December 2014 at 2,578,927 MWh.