News Centre

CFTC: Singapore Exchange Derivatives Trading Limited’s Euro Stoxx 50 Index Futures Contract Has Been Certified And May Be Offered To U.S. Persons Through Direct Access Effective March 23, 2012

Date 27/03/2012

On February 6, 2012, Singapore Exchange Derivatives Trading Limited (SGX) requested expedited Commodity Futures Trading Commission (CFTC) review of the SGX’s Euro Stoxx 50 Index futures contract so that it may be offered to U.S. persons.  SGX also requested that the contract may be made available through direct access terminals in the United States.

ESMA Announces Vacancies For Two Legal Officers

Date 27/03/2012

The deadline for both posts is 24 April 2012. 

Borsa Italiana: Italian Government Bond ‘BTP Italia’ Raises €7.29 Billion On MOT - Yearly Coupon Rate Of 2.45% - New Bond Specifically Designed For Private Investors - Continuous Trading Begins On Monday 26 March

Date 27/03/2012

BTP Italia, a new government bond designed by the Italian Treasury for private investors, today ended its offer period on MOT, Borsa Italiana’s retail bond market. During the four day offer period, the bond raised €7.29 billion, with 133,479 contracts in total.

ESMA: Publication Of The Responses Received To The Consultation On Key Concepts Of The Alternative Investment Fund Managers Directive And Types Of AIFM

Date 27/03/2012

To view the responses, please click here.

CFTC’s Division Of Market Oversight Issues Advisory Addressing Bona Fide Hedge Transactions And Positions

Date 27/03/2012

The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (DMO) today issued an Advisory regarding the treatment of bona fide hedging transactions and positions under Commission Regulations 1.3(z), 1.47, and 1.48 as they existed prior to the adoption of the final rule addressing Position Limits for Futures and Swaps. 

NYSE Euronext And Uría Menéndez – Proença De Carvalho Create A New Dynamic For The Listing Of New Companies On The Portuguese Stock Exchange

Date 27/03/2012

NYSE Euronext and Uría Menéndez - Proença de Carvalho are announcing a partnership whose aim is to promote the listing of new companies on the Portuguese stock exchange, namely on Euronext Lisbon[1] and NYSE Alternext[2] markets. The latter is dedicated to small and medium-sized enterprises (SMEs).

Carbon Disclosure Project Comment On The Mandatory Reporting Decision By UK Government Today

Date 27/03/2012

Following today’s announcement by the UK Department of Environment Food and Rural Affairs (Defra) that a decision has not yet been reached on the introduction of mandatory reporting for companies’ greenhouse gas emissions and other climate change-related information, Paul Simpson, CEO of the Carbon Disclosure Project (CDP) says:

“The announcement to delay a decision on the introduction of mandatory greenhouse gas emissions reporting for UK companies is both surprising and disappointing.  By failing to make a concrete call, the UK Government is not responding to market needs. 

CFTC’s Division Of Market Oversight Issues Advisory Highlighting The Commission’s Special Call Authorities Relating To Claimed Exemptions From Speculative Position Limits

Date 27/03/2012

The Division of Market Oversight (the Division) of the U.S. Commodity Futures Trading Commission (CFTC) today issued an Advisory highlighting the Commission’s special call authorities relating to claimed exemptions from speculative position limits under 17 CFR parts 150 and 151. The Division issued the Advisory at this time because: (1) there will be new traders and new commodities subject to position limits (and the related exemption reporting requirements) under the Commission’s new speculative position limit rules in Part 151; and (2) the Division believes that it is important to highlight and clarify, as a general matter, the process and recordkeeping requirements associated with claiming a hedge exemption from the Commission’s position limit rules.

CFTC Selects TABB Group CEO Larry Tabb To Join Its Subcommittee On Automated And High Frequency Trading

Date 27/03/2012

TABB Group announced today that the U.S. Commodity Futures Trading Commission selected Larry Tabb, founder and CEO, to assist their CFTC Technical Advisory Committee as a member of itsSubcommittee of Automated and High Frequency Trading (HFT) to create a definition for high frequency trading within the context of automating trading systems.

ISE Enhances Its Trading Platform With Optimise 3.0 Release - Functionality In Place To Introduce Legging Orders In May

Date 27/03/2012

The International Securities Exchange (ISE) completed Technology Release 3.0, the latest upgrade to its new trading system based on the Optimise^TM trading architecture. With this release, ISE introduced the technology necessary to enable Legging Orders, a new order type scheduled to go live in early May. With Legging Orders, ISE will significantly enhance the execution of multi-legged strategy orders by enabling greater interaction of the complex order book with the regular order book. The result will be an increased fill rate for multi-legged strategy orders as well as tighter spreads and increased liquidity on the regular order book.