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Squawker® High-Touch Negotiation Venue For Cash Equities Adds Program Trading And Fidessa Modules For Improved STP - Squawker Now Accessible From Fidessa Spotlight – Streamlining Squawker With Dark Pool Workflows Without Compromising Its Human, Algo-Free Nature

Date 15/07/2014

Squawker®, the power behind the world’s only toxic-free, negotiated trading venues and facilitator of compliant, algo-free trading communities, today launched its Program Trading and Fidessa modules for its Cash Equities trading community of more than 95 sell-side firms, and announced further improvements to the platform’s performance and stability. The new trading modules have been developed to meet the specific requests of Program Traders and Fidessa users respectively, streamlining negotiated trading with the trader’s algorithmic workflow and bringing OTC negotiated workflow into the trader’s automated algorithmic workflow, via Fidessa Spotlight.

Autilla Goes Live With Innovative Marketplace For Precious Metals Trading - Cinnober’s TESS Connect & Go Solution Enabled Short Time To Market

Date 15/07/2014

The global precious metals marketplace, Autilla Ltd., today announced that it is now live with their new electronic trading platform, powered by Cinnober Financial Technology. The migration of the over-the-counter (OTC) broking of precious metals onto a proven electronic trading platform enables Autilla to provide banks with a highly flexible and compliant trading system. This innovative initiative, which is available to wholesale participants in the London Bullion Market Association (LBMA), is enabled by Cinnober’s TESS Connect & Go.

Thai Bourse Market Report For H1 2014

Date 15/07/2014

• Q2 daily average trading value up 32 pct quarter-on-quarter to USD 1.26 bln
•  Market cap at USD 415 billion, up 16 pct from end of last year
• H1 Derivatives trading up 38 percent to 93,834 contracts per day
• Foreign investors sold a net USD 1.28 bln in January-June

Foreign Exchange Benchmarks - Consultation Paper

Date 15/07/2014

In February 2014, reflecting a number of concerns raised about the integrity of foreign exchange (FX) benchmarks, the Financial Stability Board decided to incorporate an assessment of FX benchmarks into its ongoing programme of financial benchmark analysis.

UK's Financial Conduct Authority Proposes Price Cap For Payday Lenders

Date 15/07/2014

People using payday lenders and other providers of high-cost short-term credit will see the cost of borrowing fall significantly under proposals announced by the Financial Conduct Authority (FCA) today.

Calastone Appoints James Colquhoun As Chief Financial Officer

Date 15/07/2014

Calastone, the global funds transaction network, has appointed James Colquhoun former CFO of AOL’s European Operations, as their new Chief Financial Officer.

Office Of Financial Research (OFR) Announces New Members Of Its Financial Research Advisory Committee

Date 14/07/2014

The Office of Financial Research (OFR) announced today the addition of 11 new members to itsFinancial Research Advisory Committee.

SEC Charges Ernst & Young With Violating Auditor Independence Rules In Lobbying Activities

Date 14/07/2014

The Securities and Exchange Commission today charged Ernst & Young LLP with violations of auditor independence rules that require firms to maintain their objectivity and impartiality with clients.

CME Group Announces Record Trading Volume And Open Interest for NYMEX Brent (BZ) - Open Interest In NYMEX Brent (BZ) Surpasses 100,000 For First Time

Date 14/07/2014

CME Group, the world's leading and most diverse derivatives marketplace, today announced it reached trading volume and open interest records for its NYMEX Brent (BZ) crude oil futures contracts on Friday, July 11, 2014. Open interest for NYMEX Brent set a record of 101,425 on July 11, surpassing the 100,000 contracts milestone for the first time ever. The previous open interest record was 99,520 contracts, which was set on July 9, 2014.

Citigroup Announces Comprehensive Settlement With Residential Mortgage-Backed Securities Working Group

Date 14/07/2014

Citigroup today announced that it has reached an agreement to settle the ongoing investigation of the Residential Mortgage-Backed Securities (RMBS) Working Group, part of the Financial Fraud Enforcement Task Force. Today’s agreement resolves actual and potential civil claims by the U.S. Department of Justice (the DOJ), several state attorneys general (State AGs), and the Federal Deposit Insurance Corporation (the FDIC) relating to RMBS and collateralized debt obligations (CDOs) issued, structured or underwritten by Citi between 2003 and 2008.