News Centre

Statement Of CFTC Commissioner Dawn D. Stump Before The Market Risk Advisory Committee - LIBOR Transition Presents Opportunity To Improve U.S. Clients’ Access To Global Clearing Infrastructure

Date 13/07/2021

As derivatives market participants transition from using the London Interbank Offered Rate (LIBOR) to using other benchmarks, namely the Secured Overnight Financing Rate (SOFR), I am pleased that Commodity Futures Trading Commission (CFTC) Acting Chairman Behnam today noted the important work we will soon undertake to ensure that existing clearing mandates for interest rate swaps can transition to preserve their effectiveness.  Mandatory clearing is an important element of the post-financial crisis reforms that I wholeheartedly support.  And as the use of LIBOR ceases, all of the CFTC’s clearing mandates for interest rate swaps need to be revisited.

Nodal Exchange Named Exchange Of The Year By Energy Risk For Third Year In A Row

Date 13/07/2021

Nodal Exchange has been named 2021 Exchange of the Year by Energy Risk magazine.  The global Energy Risk Awards recognize excellence in energy risk management across the entire supply chain, from producers to traders and consumers, and all firms in between that facilitate risk management.

US Federal Agencies Request Comment On Proposed Risk Management Guidance For Third-Party Relationships

Date 13/07/2021

The federal bank regulatory agencies today requested public comment on proposed guidance designed to help banking organizations manage risks associated with third-party relationships, including relationships with financial technology-focused entities. The proposed guidance is intended to assist banking organizations in identifying and addressing the risks associated with third-party relationships and responds to industry feedback requesting alignment among the agencies with respect to third-party risk management guidance.

Moscow Exchange: Risk Parameters Change For The Securities

Date 13/07/2021

The following risk parameters will be changed:

Opening Statement Of CFTC Acting Chairman Rostin Behnam Before The Market Risk Advisory Committee

Date 13/07/2021

Good morning and welcome to the CFTC’s Market Risk Advisory Committee (MRAC or Committee) summer meeting.  I want to thank Commissioners Quintenz, Stump, and Berkovitz for joining today’s meeting.  I also want to thank and acknowledge the MRAC members and the subcommittee chairs who will present reports today.

Moscow Exchange Risk Parameters Change On Securities Market - Update

Date 13/07/2021

CCP NCC will set the following risk parameters on Securities market starting from July 14, 2021:

EBA Publishes Final Guidelines For The Use Of Data Inputs In The Expected Shortfall Risk Measure Under The Internal Model Approach

Date 13/07/2021

The European Banking Authority (EBA) published today its final Guidelines clarifying the requirements that the data inputs used to determine the scenarios of future shocks applied to modellable risk factors should meet. The Guidelines, which are part of the deliverables included in the roadmap for the new market and counterparty credit risk approaches, will be applicable from 1 January 2022.

AMF Makes Proposals For More European Supervision And Improved Regulation

Date 13/07/2021

GTCO Commemorates Listing On Nigerian Exchange

Date 13/07/2021

Guaranty Trust Holding Company Plc (GTCO Plc) commemorated the listing of its shares on Nigerian Exchange (NGX) with a Closing Gong Ceremony on Tuesday, 13 July 2021. The event also featured the reveal of the company’s new brand identity to capital market stakeholders and members of the general public.

Miami International Holdings Reports June 2021 Trading Results, MIAX Exchange Group Sets New Market Share And Volume Records

Date 13/07/2021

Miami International Holdings, Inc. today reported June 2021 trading results for its U.S. exchange subsidiaries – MIAX®, MIAX Pearl® and MIAX Emerald® (together, the MIAX Exchange Group™) and the Minneapolis Grain Exchange (MGEX).