News Centre

ESMA Publishes Response To The European Commission Green Paper On Shadow Banking

Date 27/07/2012

ESMA has published its response to the European Commission's Green Paper on shadow banking.

MGEX Highlights USDA Sampling And Testing In New Apple Juice Concentrate Contract

Date 27/07/2012

MGEX,  a  Designated  Contract  Market  (DCM)  and  Derivatives  Clearing Organization (DCO), is pleased to report the involvement of the United States Department of Agriculture (USDA) in the sampling and testing of Apple Juice Concentrate (AJC) for the new MGEX AJC futures and options contract set to launch on Monday, August 13, 2012.

TOM MTF Statistics Week 30 2012

Date 27/07/2012

Click here to download the weekly statistics update of TOM MTF for week 30 - 2012. 

U.S. Treasury Department Announces $248.5 Million In Proceeds From Pricing Of Auctions Of Preferred Stock And Subordinated Debt Positions Of Twelve Financial Institutions - Auctions Part Of Treasury’s Continued Efforts To Wind Down TARP’s Bank Programs - Proceeds Deliver Additional Profit For Taxpayers On TARP’s Bank Programs

Date 27/07/2012

As part of the strategy it outlined in May for winding down its remaining Troubled Asset Relief Program (TARP) bank investments, the U.S. Department of the Treasury announced that it priced auctions of preferred stock and subordinated debt positions (the “CPP Securities”) in the following twelve institutions at the following prices:

ISE Introduces Add Liquidity Only Order Type

Date 27/07/2012

The International Securities Exchange (ISE) today announced that it has introduced a new order type, the Add Liquidity Only Order (ALO). An ALO specifies that the order can only be executed if it adds liquidity to the order book as a “maker.” If the order cannot be added to the book, it will be cancelled, or may be re-priced to rest on the book at the discretion of the firm entering the order.

Remarks Of U.S. Treasury Under Secretary Miller At An Event Hosted By The Bretton Woods Committee, Deloitte, University Of Maryland: "Navigating Transformational Change Of The Global Financial Landscape: Realizing Systemic Stability, Avoiding Unintended Consequences"

Date 27/07/2012

Thank you very much for the invitation to join you today. 

Meetings like this are important opportunities for global leaders in the public and private sectors to collaborate and learn from each other. I am joined today by my colleagues from the Financial Stability Oversight Council and the Office of Financial Research. As we work to get the rules of regulatory reform right and to address threats to financial stability, we need broad engagement. Every rule I work on benefits from public input. 

Malawi Stock Exchange Weekly Report - Week Ending 27 July

Date 27/07/2012

Click here to download Malawi Stock Exchange's weekly report for the week ending 27 July.

R.J. O’Brien CEO Corcoran Offers Presentation As Panelist At CFTC Technology Advisory Committee Meeting On Possible Technological Solutions To Improve Direct Access To Customer Segregated Accounts - Corcoran Commends Swift Action, Urges Commission And Industry To Begin Verification Efforts Immediately And Not Wait Until “Everything’s Perfect”

Date 27/07/2012

The U.S. Commodity Futures Trading Commission (CFTC) Technology Advisory Committee (TAC) invited R.J. O’Brien & Associates Chairman and Chief Executive Officer Gerald F. Corcoran, alongside other industry leaders, to serve as a panelist yesterday at its meeting. The purpose of the meeting was to focus on identifying and exploring technological issues and possible solutions relating to the ability of regulators to verify the location and status of funds held in customer segregated accounts at futures commission merchants (FCMs).  The meeting followed the recent news that Peregrine Financial Group, a non-clearing FCM, apparently committed extensive fraud that resulted in a significant loss of customer funds.

UK's Financial Services Authority: Six Sentenced For Insider Dealing

Date 27/07/2012

In a case brought by the Financial Services Authority (FSA) and heard at Southwark Crown Court, Ali Mustafa, Pardip Saini, Paresh Shah, Neten Shah, Bijal Shah and Truptesh Patel have today been sentenced for insider dealing contrary to section 52 of the Criminal Justice Act 1993 for offences committed between 2006 and 2008.

HKFE Announces Revised Margins For Futures Contracts

Date 27/07/2012

Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Wednesday, 1 August 2012, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contracts will be as outlined in the table below.  The adjustments are based on the clearing company’s normal procedures and standard margining methodology.