FTSE Mondo Visione Exchanges Index:
News Centre
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US Office Of The Comptroller Of The Currency Reports Second Quarter 2024 Bank Trading Revenue
Date 24/09/2024
The Office of the Comptroller of the Currency (OCC) reported cumulative trading revenue of U.S. commercial banks and savings associations of $15.8 billion in the second quarter of 2024. The second quarter trading revenue was $218 million, or 1.4 percent, more than in the previous quarter and $2.2 billion, or 16.0 percent, more than a year earlier.
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Like London's Roman Wall, Financial Rules Must Adapt - Speech By Sarah Pritchard, UK Financial Conduct Authority Executive Director, Markets And Executive Director, International At The FT Financial Advice Forum, London
Date 24/09/2024
Highlights
- We have a unique opportunity to do things differently and re-draw our regulations for the better of consumers and firms.
- This will require open conversations on risk, and the FCA is listening to stakeholder feedback.
- Firms should act now, embracing data and digital to innovate and meet the needs of their consumers.
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EU Antitrust Storm: Deutsche Boerse And Nasdaq Under The Microscope
Date 24/09/2024
Deutsche Boerse and Nasdaq are currently under investigation by the European Union for potential antitrust violations in financial derivatives. On Tuesday, a spokesperson for Deutsche Boerse confirmed that it had been searched as part of this probe. Similarly, a Nasdaq representative stated they had also been approached. Both companies affirmed their cooperation with the inquiry.
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Basel Committee Approves Annual G-SIB Assessment And Advances Follow-Up Response To 2023 Banking Turmoil
Date 24/09/2024
- Discusses recent episodes of market and operational disruptions.
- Basel Committee approves annual assessment exercise for global systemically important banks (G-SIBs).
- Finalises analytical report on liquidity risk insights from the 2023 banking turmoil.
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ACER Amends The Methodology For The Electricity Market Coupling Algorithm To Mandate Research On Co-Optimisation
Date 24/09/2024
In November 2023, ACER received a proposal from Nominated Electricity Market Operators (NEMOs) for amending the ACER’s 2020 methodology for the price coupling algorithm and the continuous trading matching algorithm.
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Canadian Securities Administrators Seeks Applications For Investor Advisory Panel
Date 24/09/2024
The Canadian Securities Administrators (CSA) is inviting applications for membership on its Investor Advisory Panel (IAP).
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Testimony Of The Securities And Exchange Commission Before The United States House Of Representatives Committee On Financial Services: SEC Chair Gary Gensler, SEC Commissioner Hester M. Peirce, SEC Commissioner Caroline A. Crenshaw, SEC Commissioner Mark T. Uyeda, SEC Commissioner Jaime Lizárraga, Washington D.C., Sept. 24, 2024
Date 24/09/2024
Good morning, Chairman McHenry, Ranking Member Waters, and members of Committee. Thank you for the opportunity to testify before you today about the work of the U.S. Securities and Exchange Commission.
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Juan Flames Appointed Head BME Exchanges and CEO BME
Date 24/09/2024
SIX has appointed Juan Flames as Head BME Exchanges and CEO BME, effective 15th November 2024. He has many years of international experience in the field of capital markets. Juan Flames succeeds Javier Hernani, who will focus his efforts on the business unit Securities Services as a member of the SIX Executive Board, and will remain in the BME Board of Directors.
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CFTC Orders Canadian Imperial Bank Of Commerce To Pay $30 Million For Recordkeeping And Supervision Failures For Firm-Wide Use Of Unapproved Communication Methods
Date 24/09/2024
The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges with Canadian Imperial Bank of Commerce (CIBC), a swap dealer, for failing to maintain and preserve records that were required to be kept under CFTC recordkeeping requirements and failing to diligently supervise matters related to its business as a CFTC registrant.
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A Catalyst: Statement On Qatalyst Partners LP, SEC Commissioner Hester M. Peirce, SEC Commissioner Mark T. Uyeda, Sept. 24, 2024
Date 24/09/2024
Over the last several years, off-channel communications cases have become more prevalent on the Commission’s enforcement docket. We have struggled with these cases. While we supported many of them initially, it was not without deep reservations. Recently, we have objected to the penalties and undertakings in most of these cases. Today’s case against Qatalyst Partners LP[1] illustrates and confirms the reason for our reservations: it does not appear that firms have an achievable path to compliance. Accordingly, we voted no on Qatalyst Partners LP, and urge our colleagues to reconsider our current approach to the off-channel communications issue.
