News Centre

CFTC’s Division Of Clearing and Risk Issues Time-Limited No-Action Relief From Required Clearing For Swaps Entered Into By Certain Cooperatives

Date 29/11/2012

The Commodity Futures Trading Commission’s Division of Clearing and Risk (DCR) today announced the issuance of a time-limited, no-action letter granting relief from required clearing under section 2(h)(1)(A) of the Commodity Exchange Act and the Commission’s newly adopted Part 50 regulations for certain swaps entered into by qualifying cooperatives.

Zhengzhou Commodity Exchange Will Launch Glass Futures

Date 29/11/2012

On December 3, 2012, Zhengzhou Commodity Exchange(ZCE) will launch glass futures. 

CFTC’s Division Of Clearing And Risk Issues Time-Limited No-Action Relief From Required Clearing For Swaps between Affiliated Counterparties

Date 29/11/2012

The Commodity Futures Trading Commission’s Division of Clearing and Risk (DCR) today announced the issuance of a time-limited, no-action letter granting relief from required clearing under section 2(h)(1)(A) of the Commodity Exchange Act and the Commission’s newly adopted Part 50 regulations for certain swaps entered into by qualifying affiliated counterparties.

CFTC Issues Clearing Determination For Certain Credit Default Swaps And Interest Rate Swaps - Commission Requires First Swaps To Be Cleared

Date 28/11/2012

The Commodity Futures Trading Commission today issued new rules to require certain credit default swaps (CDS) and interest rate swaps to be cleared by registered derivatives clearing organizations (DCOs). The rules establish the first clearing determination by the Commission under the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). Under the rules, market participants are required to submit a swap that is identified in the rule for clearing by a DCO as soon as technologically practicable and no later than the end of the day of execution. The Commission voted 5 to 0 via seriatim to issue the Clearing Determination, which will become effective upon publication in the Federal Register.

Statement Of Support: Clearing Determination For Certain Credit Default Swaps And Interest Rate Swaps - CFTC Chairman Gary Gensler

Date 28/11/2012

I support the final rule requiring certain interest rate swaps and credit default swap (CDS) indices to be cleared, as provided by the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act).

CFTC Staff Withdraws Elements Of The “Frequently Asked Questions On Reporting Of Cleared Swaps”

Date 28/11/2012

Staff of the Commodity Futures Trading Commission (Commission) today withdrew parts of its “Frequently Asked Questions on Reporting of Cleared Swaps.”  Specifically, staff withdrew the following questions, and their corresponding answers:

“Which party has the authority to select the particular SDR for purposes of cleared swap reporting?”

S&P Dow Jones Indices Announces Changes In Canadian Indices - A Graduation From TSX Venture Exchange

Date 28/11/2012

The Toronto Stock Exchange announced today in the Daily Bulletin that the shares of PMI Gold Corporation (TSXVN:PMV) will graduate to trade on TSX at the open of trading on Friday, November 30, 2012. The ticker symbol will remain "PMV" and the CUSIP number will remain 730153 20 2. The company will be removed from the S&P/TSX Venture Composite Index after the close of trading on Thursday, November 29, 2012.

CFTC Seeks Public Comment On Request From The Chicago Mercantile Exchange Inc. To Adopt New Chapter 10 (“Regulatory Reporting Of Swap Data”) And New Rule 1001 (“Regulatory Reporting Of Swap Data”) Of CME’s Rulebook

Date 28/11/2012

The Commodity Futures Trading Commission (Commission) is requesting public comment on a request from the Chicago Mercantile Exchange Inc. (CME) for approval of a rule (Rule 1001) submitted pursuant to section 40.5 of the Commission’s regulations. 

TMX Group Holiday Operating Schedule

Date 28/11/2012

Toronto Stock Exchange, TSX Venture Exchange, Montréal Exchange, TMX Select and Alpha will be closed on Tuesday, December 25, 2012 for Christmas Day, Wednesday, December 26, 2012 for Boxing Day, and Tuesday, January 1, 2013 for New Year's Day.

CFTC Meeting Scheduled For November 29, 2012, Has Been Cancelled

Date 28/11/2012

The Commodity Futures Trading Commission’s open meeting scheduled for Thursday, November 29, 2012, has been cancelled.