News Centre

ESMA Seeks New Members For Its Securities Markets Stakeholders Group

Date 10/06/2013

The European Securities and Markets Authority (ESMA) is seeking new members for the Securities and Markets Stakeholder Group (SMSG), as the current members’ term expires at the end of 2013. The SMSG’s aim is to facilitate ESMA’s consultation on its work with relevant securities markets stakeholders from around the European Union (EU).

CFTC’s Division Of Clearing And Risk Issues Time-Limited No-Action Relief To Banks Having Assets Of Less Than $10 Billion From The Board Approval Requirement Of The CEA And The End-User Exception To The Clearing Requirement

Date 10/06/2013

The Division of Clearing and Risk (DCR) of the Commodity Futures Trading Commission (Commission) today announced the issuance of a time-limited, no-action letter granting relief to banks, savings associations, farm credit system institutions, and credit unions having assets of less than $10 billion (Small Banks), which are issuers of securities, from the board approval requirements of section 2(j) of the Commodity Exchange Act (CEA) and Commission regulation 50.50, subject to certain conditions.

DTCC And SWIFT Honored For Corporate Actions Initiative

Date 10/06/2013

The Depository Trust & Clearing Corporation (DTCC) and the Society for Worldwide Interbank Financial Telecommunication (SWIFT) were honored at the 2013 Inside Reference Data Awards for mounting the “Best Corporate Actions Data Initiative.” The award recognizes their work on implementing ISO 20022 messages and on DTCC’s multi-year reengineering initiative.

CFTC’s Division Of Clearing And Risk Issues No-Action Letter For Corporación Andina De Fomento

Date 10/06/2013

The Commodity Futures Trading Commission’s (Commission) Division of Clearing and Risk (Division) issued a letter today stating that DCR will not recommend that the Commission take enforcement action against Corporación Andina de Fomento ("CAF") for failure to comply with the clearing requirement of Section 2(h)(1) of the Commodity Exchange Act ("Clearing Requirement") as implemented by Commission Regulations 50.2 and 50.4. DCR believes that granting this no-action to CAF would be consistent with the end-user exception to the Clearing Requirement, in which the Commission determined that certain international financial institutions should not be subject to the Clearing Requirement.

CME Group Announces Daily Trading Volume Record In NYMEX Brent (BZ) Crude Oil Futures

Date 10/06/2013

CME Group, the world's leading and most diverse derivatives marketplace, announced it reached a trading volume record for its NYMEX Brent (BZ) crude oil futures contract on Friday, June 7, 2013. Trading volume for NYMEX Brent reached 52,352, compared to April 12, 2013, the last record day, when volume reached 44,357 contracts.

ESMA Risk Dashboard

Date 10/06/2013

The overall level of systemic risk in EU securities markets decreased throughout 4Q12, as conditions in equity and bond markets improved. Since mid-December, systemic risk has remained stable. Notwithstanding monetary policy support, the underlying sources of market uncertainty remain in place. Market clustering and fragmentation, funding risk, the low interest rate environment and obstacles to orderly market functioning remained important sources of uncertainty for EU financial stability. The recent restructuring of one national banking sector underlined the continued prevalence of the sovereign debt and banking crisis as a source of risk. On this basis, our outlook on liquidity, market and contagion risks remains unchanged.

BM&FBOVESPA: Decree N. 8,023 Reduced The Rate Of Tax On Credit, Exchange And Insurance On Foreign Investors’ FX Transactions

Date 10/06/2013

BM&FBOVESPA informs that on June 4 Decree N. 8,023 reduced the rate of Tax on Credit, Exchange and Insurance (IOF) on foreign investors’ FX transactions (including simultaneous transactions) from 6% to zero, for:

ESMA Publishes Report On Prospectus Directive Liability Regimes In The EU

Date 10/06/2013

The European Securities and Markets Authority (ESMA) has published a report on the Comparison of liability regimes in Member States in relation to the Prospectus Directive.  

Pan-European Survey Highlights Achievement Across The Buy-Side, Sell-Side And Corporate Communities - Thomson Reuters Announces 2013 Extel Survey Results

Date 10/06/2013

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced the results of the milestone 40th annual Thomson Reuters Extel Survey at a lunchtime ceremony in London's Guildhall. Considered the leading benchmark for excellence in investment banking and asset management, the pan-European survey highlights achievement across the buy-side, sell-side and corporate communities.

Composition Of Tel Aviv Stock Exchange Equity Indices As Of June 16th, 2013

Date 10/06/2013

As of June 16th, 2013 the composition of the equity indices will be updated. For the Excel file regarding changes in indices constituents, click here. For the PDF file regarding changes in indices constituents, click here.