News Centre

Rengan Rajaratnam Agrees to Settle Insider Trading Charges

Date 23/10/2014

The Securities and Exchange Commission today announced that former hedge fund manager Rajarengan “Rengan” Rajaratnam has agreed to pay more than $840,000 and accept securities industry bars in order to settle the agency’s insider trading case against him.

OCC Releases Dodd-Frank Stress Test Scenarios For 2015

Date 23/10/2014

The Office of the Comptroller of the Currency (OCC) released economic and financial market scenarios that will be used in the next round of stress tests for large financial institutions.  The scenarios include baseline, adverse, and severely adverse scenarios, as described in the OCC’s final rules that implement stress test requirements of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.

Federal Reserve Board Releases Supervisory Scenarios For 2015 Capital Planning And Stress Testing

Date 23/10/2014

The Federal Reserve Board on Thursday issued the supervisory scenarios that will be used in the 2015 capital planning and stress testing program. The program includes the Comprehensive Capital Analysis and Review (CCAR) of 31 bank holding companies with $50 billion or more of total consolidated assets.

S&P Dow Jones Indices Market Attributes: Risk & Volatility Index Dashboard

Date 23/10/2014

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Reminder - Direct Edge Trading Notice #14-43: SIFMA Industry-Wide Business Continuity Test On Saturday, October 25, 2014

Date 23/10/2014

Direct Edge®, a BATS Global Markets Company, will participate in the annual SIFMA Industry-Wide Business Continuity Test on Saturday, October 25, 2014 from 9:00 a.m. to 1:00 p.m. ET. Both EDGA ExchangeSM (EDGA®) and EDGX ExchangeSM (EDGX®) will be available for testing. We encourage all members to register and participate in this test.

CFTC Staff Issues Interpretative Guidance Regarding Customer Margin Deposits Submitted Using Automated Clearing House Payment Processing Systems

Date 23/10/2014

The U.S. Commodity Futures Trading Commission’s (Commission) Division of Swap Dealer and Intermediary Oversight today issued an interpretation of Commission Regulations 1.22, 22.2 and 30.7 providing that a futures commission merchant (FCM) may credit a customer’s trading account for a margin payment upon the FCM’s initiation of a withdrawal from the customer’s bank account using the Automated Clearing House (ACH) payment processing system.

Quaternion Risk Management Collaborates With UBS Delta To Deliver CVA Service Launched Today

Date 23/10/2014

Quaternion Risk Management Limited (Quaternion), provider of specialized risk analytic consultancy, services and software are now working together with UBS Delta, the award-winning provider of risk and performance analytics to provide counterparty exposure, CVA/DVA analytics and reporting services to the financial and corporate community.

DTCC Risk Survey Reveals That Threat Of Cyber Attack Ranks As The Principal Concern Of Global Financial Institutions - DTCC Issues White Paper With Key Recommendations To Strengthen Resiliency From Cyber Attack

Date 23/10/2014

In the wake of several recent high-profile cyber attacks on major sectors of the global economy, cyber security now ranks as the principal concern of the financial services industry, according to results of a new survey released today by The Depository Trust & Clearing Corporation (DTCC).

Monetary Policy, Asset Prices And Distribution - Speech By Ben Broadbent, Deputy Governor For Monetary Policy, Bank Of England

Date 23/10/2014

Speaking at the Society of Business Economists Annual conference, Ben Broadbent, Deputy Governor for Monetary policy, discusses how to interpret the downward trend in interest rates over the past twenty years.   

ECB Launches Public Consultation On Draft Regulation On Reporting Of Supervisory Financial Information

Date 23/10/2014

• Regulation to complete the requirements about how banks shall report supervisory financial information once the ECB assumes its responsibilities as supervisor
• Public consultation includes a hearing on 13 November