News Centre

CME Group SOFR Futures And Options Reach Single-Day Trading, Open Interest Records

Date 09/03/2023

• Record 9,784,528 SOFR-based contracts traded on March 7, with record open interest of 54,666,191 contracts on March 8

FTC Acts To Block Deal Combining The Two Top Mortgage Loan Technology Providers - Intercontinental Exchange Inc.’S Proposed Acquisition Of Rival Black Knight, Inc. Would Harm Competition And Lead To Higher Costs For Lenders And Homebuyers

Date 09/03/2023

The Federal Trade Commission is taking action to block the proposed merger between the nation’s largest provider of home mortgage loan origination systems and other key lender software tools, Intercontinental Exchange, Inc. (ICE), and its top competitor, Black Knight, Inc. The deal would drive up costs, reduce innovation, and reduce lenders’ choices for tools necessary to generate and service mortgages.

FINRA Fines Webull $3 Million For Options Customer Approval Violations - Firm Also Failed To Maintain Supervisory System, Report Customer Complaints

Date 09/03/2023

FINRA announced today that it has fined Webull Financial LLC $3 million for not exercising reasonable due diligence before it approved customers for options trading; not maintaining a supervisory system reasonably designed to identify and respond to customer complaints; and not reporting certain written customer complaints to FINRA as required.

Update On Ontario Securities Commission Whistleblower Program Highlights Continuing Success

Date 09/03/2023

The Ontario Securities Commission (OSC) today provided an update on its Whistleblower Program, which has received tips from around the globe that have led to successful enforcement action against 19 respondents and resulted in $9.33 million awarded to whistleblowers.

Canadian Securities Regulators Remind Capital Market Participants Of Upcoming Deadline As They Prepare To Transition To SEDAR+

Date 09/03/2023

The Canadian Securities Administrators (CSA) is launching SEDAR+ on June 13, 2023.  SEDAR+ is the new, web-based application for all capital market participants to file, disclose and search for public documents and information filed by issuers in Canada in accordance with applicable securities legislation.  

Intercontinental Exchange Responds To The FTC’s Attempt To Block ICE’s Acquisition Of Black Knight

Date 09/03/2023

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, announced today that it strongly disagrees with, and will vigorously oppose, the Federal Trade Commission (FTC)’s challenge to ICE’s previously announced acquisition of Black Knight, Inc. (NYSE: BKI).

ISDA - IRD Trading Activity Reported In EU, UK And US Markets: Full Year Of 2022 And Fourth Quarter Of 2022

Date 09/03/2023

This report analyzes interest rate derivatives (IRD) trading activity reported in Europe. The analysis is based on transactions publicly reported by 30 European approved publication arrangements (APAs) and trading venues (TVs).

CFTC Market Risk Advisory Committee, March 8, 2023, Scott O’Malia, ISDA Chief Executive, Counterparty Risk & Liquidity Risk

Date 09/03/2023

Good morning and thank you for inviting me to address this meeting of the Market Risk Advisory Committee (MRAC). I’m pleased to introduce the next section of our agenda, focusing on climate risk, market structure and benchmark reform.

The Scramble For Silvergate Alternatives - Kaiko Research: Deep Dive

Date 09/03/2023

Welcome to Deep Dive! Last night, Silvergate decided to voluntarily liquidate, leaving the crypto industry scrambling for banking alternatives. Today, we explore the implications of Silvergate's collapse on cryptocurrency markets and the viability of alternative fiat on-ramps for institutions and exchanges. 

Two Sides Of The Same Coin – Delivering Monetary And Financial Stability Timelessly – Speech By Sarah Breeden, Bank Of England, Executive Director, Financial Stability Strategy And Risk, Given At The University Of Leeds

Date 09/03/2023

Sarah Breeden talks about links between monetary and financial stability. She argues that though complementary - two sides of the same coin - their interaction can be complex. Having two separate committees, the Monetary Policy Committee and Financial Policy Committee, has worked well through multiple tests to date, helped by: shared analysis; building resilience in advance of potential stress; and targeted differentiated operations where needed.