News Centre

CFTC Charges Former New York City Commodity Pool Operator With Fraud

Date 09/01/2023

The Commodity Futures Trading Commission today announced it filed a civil enforcement action in the U.S. District Court for the Eastern District of New York against Mark A. Ramkishun, a former resident of New York City. The complaint alleges that Ramkishun fraudulently induced individuals in the U.S. to participate in a purported commodity pool called Leo Growl LLC.

Dissenting Statement Of CFTC Commissioner Summer K. Mersinger Regarding CFTC’s Regulatory Agenda

Date 09/01/2023

The Fall 2022 regulatory agenda (the Agenda) of the Commodity Futures Trading Commission (CFTC or Commission) was recently published as part of the government-wide Unified Agenda of Federal Regulatory and Deregulatory Actions (Unified Agenda).[1]  These semiannual submissions set out the CFTC’s Agenda of rulemaking matters that it expects to propose or finalize over the next year.

Nodal Exchange Achieves Record Traded Volume In Power And Environmental Markets In 2022

Date 09/01/2023

Nodal Exchange announced today that it achieved record trading volumes in 2022 in both power and environmental markets.

ISDA Responds To FCA Consultation On DTO Changes Reflecting USD LIBOR Transition

Date 09/01/2023

As part of its quarterly consultation paper No 38 (CP22/26), the FCA consulted on changes to the derivatives trading obligation (DTO) – removal of USD LIBOR derivative products from the scope of the DTO to reflect USD interest rate benchmark reform (Chapter 3 of the CP).

Counter Analysis And Antagonistic Banter To Follow The SEC’s Plans To Overhaul The Equities Market, By Jeffrey O'Connor, Head Of Market Structure, Americas, At Liquidnet

Date 09/01/2023

Many would be eager to turn the page on 2022 in what was one of the worst equity performances in many years. Unless of course you fall in the category of some of the quant funds that played the factor trades correctly, in general, across a broad categorization of advisors/money managers/funds, performance was generally poor. Dogged correlations making stock picking extremely difficult, and the subsequent collective de-risk/cash raise behavior causing real executable institutional liquidity to leave the marketplace. These are some of the themes to touch on when reviewing 2022, and for much of the year, liquidity sourcing, or lack-thereof, was the most topical market structure story – that is until the regulators got involved. 

Huobi Market Share Plummets In 2022 - Kaiko Research: Data Debrief

Date 09/01/2023

• Price Movements: Most Layer 1 tokens have struggled versus ETH since December, but SOL and ATOM have recently outperformed.
• Market Liquidity: Curve’s 3pool – made up of USDT, USDC, and DAI – has seen its total value locked fall from $5.5bn to just $600mn over the past year.
• Derivatives: Both SOL and LDO experienced a short squeeze as each token unexpectedly rallied.
• Macro Trends: Silvergate Bank's share price tumbled 43% in just one day last week after new revelations from the WSJ.

MIAX Exchange Group - Holiday Schedule - Martin Luther King Jr. Day 2023

Date 09/01/2023

Please be advised the MIAX Options Exchange, MIAX Pearl Options Exchange, MIAX Emerald Options Exchange and MIAX Pearl Equities Exchange will be closed on Monday, January 16, 2023 in observance of Martin Luther King Jr. Day.

TMX Group Announces Strategic Investment In VettaFi - Deal Includes A Commercial Agreement That Will Accelerate TMX Datalinx's Expansion, Adding New Comprehensive Sets Of Index And ETF Services

Date 09/01/2023

TMX Group Limited (TMX Group) announced today that it has made a strategic investment in VettaFi Holdings LLC (VettaFi), a US-based, ​privately owned data, analytics, indexing, digital distribution, and thought leadership company​. VettaFi cultivates an industry-leading, data-driven platform, built to empower and educate the modern ​​financial advisor​, asset manager​​​ and institutional investor.​ ​TMX Group has acquired approximately 21% of the common equity of VettaFi for US$175 million, or approximately CAD$234 million. The transaction closed January 9, 2023.

MGEX Reports Trading Results For December And Full-Year 2022 - SPIKES Futures Set Record Year-To-Date Volume Total

Date 09/01/2023

Minneapolis Grain Exchange (MGEX™), a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), today reported full-year 2022 trading volume of 3.3 million contracts, representing a 15.0% year-over-year (YoY) decrease from the same period in 2021 and the second highest annual volume total in its history. 

ACER Collects Data From LNG Market Participants

Date 09/01/2023

On 30 December 2022, a new Council Regulation (EU) 2022/2576 entered into force requiring: