News Centre

Proposed Amendments Support Healthy Price Discovery On Canadian Markets - IIROC Re-Publishes Proposed Anti-Avoidance Provision

Date 29/01/2015

With the emerging threat of orders for Canadian securities being routed to the U.S., the Investment Industry Regulatory Organization of Canada (IIROC) today   republished for comment a proposed anti-avoidance provision to foster debate about the best approach to maintaining healthy and competitive Canadian markets.

MIAX Options Exchange: Deployment Of Trading System Updates

Date 29/01/2015

Please be advised that MIAX has completed deployment of updates to both the primary and backup trading systems addressing the root cause of the Matching Engine 13 failover that occurred on Monday January 26, 2015 and the previous alert (Alert/105588) describing the behavior at the conclusion of the Price Improvement Mechanism (PRIME™) auction.

Canadian Securities Regulators Release Progress Report On Proxy Voting Infrastructure

Date 29/01/2015

Members of the Canadian Securities Administrators (CSA) today published CSA Staff Notice 54-303 Progress Report on Review of the Proxy Voting Infrastructure to report on the progress made in their review of the proxy voting infrastructure and to outline next steps.

MIAX Options - February 1, 2015 Fee Changes - Revision To Select Symbols Included In The Priority Customer Rebate Program

Date 29/01/2015

Pending SEC approval, the MIAX Options Fee Schedule will be amended to update the existing MIAX Select Symbol List effective February 1, 2015.  The new MIAX Select Symbol List is available on the MIAX website at http://www.miaxoptions.com/content/fees.  All other aspects of the Priority Customer Rebate Program will remain unchanged.

Canadian Securities Regulators Publish Consultation Paper On OTC Derivatives Trading Facilities

Date 29/01/2015

The Canadian Securities Administrators (CSA) today published for comment CSA Consultation Paper 92-401 Derivatives Trading Facilities. The Consultation Paper proposes a framework for regulating facilities that bring together multiple buyers and multiple sellers of over-the counter (OTC) derivatives. The Consultation Paper also proposes that OTC derivatives that meet certain criteria may be required to trade exclusively on such regulated facilities.

Tel Aviv Stock Exchange Weekly Review: 25-29 January 2015

Date 29/01/2015

Trading on the Tel Aviv Stock Exchange (TASE) during the last week of January was characterized by a mix trend in all the leading share indices; TA- Oil and gas Index made notable increase of 6.0%; Trading commences in derivatives on the TA-100 Index

Keynote Address By CFTC Commissioner J. Christopher Giancarlo - TabbFORUM, Fixed Income 2015: Perfect Storm- Navigating The Confluence, New York, New York - A Pro-Reform Reconsideration Of The CFTC Swaps Trading Rules

Date 29/01/2015

Introduction

Thank you for the kind introduction. I have been in this audience so many times, it is quite amazing to be addressing you today.

Let me begin with the disclaimer that my remarks today reflect my own views and do not necessarily reflect the views of the Commodity Futures Trading Commission (CFTC or Commission), my fellow Commissioners or the CFTC staff.

For those of you who don’t know, I play the banjo. Do you know why playing the banjo is a lot like throwing a javelin blindfolded? It is because you don't have to be very good to get people's attention. That probably also applies to being a CFTC Commissioner, at least in my case.

ISDA OTC Derivatives Market Analysis: Industry Meeting Clearing And Compression Goals

Date 29/01/2015

Two key policy goals of increased clearing and portfolio compression are being met by the derivatives industry, with a recent surge in compression volumes contributing to a decline in publicly reported interest rate derivatives notional outstanding figures, according to a new research paper published today by the International Swaps and Derivatives Association, Inc. (ISDA).

SEC Charges Stock-Based Lender With Selling Billions Of Penny Stock Shares As Unregistered Broker-Dealer

Date 29/01/2015

The Securities and Exchange Commission today charged a Chicago-area company that provides stock loans using equities as collateral, its two co-founders, and its former chief operating officer with selling more than nine billion shares of penny stocks through purported stock-based loans, block trades, and other transactions without registering with the SEC as a broker-dealer as required under the federal securities laws.

ESMA Publishes Opinion On Draft RTS On The cCearing Obligation For Interest Rate Swaps

Date 29/01/2015

The European Securities and Markets Authority (ESMA) has today published an Opinion on the Draft RTS on the Clearing Obligation on Interest Rate Swaps. This is in response to the European Commission’s notification of 18 December 2014 of its intention to endorse, with amendments, the draft RTS submitted by EMSA on 1 October 2014.