News Centre

The Economic Outlook, Monetary Policy, And The Demand For Reserves, Federal Reserve Vice Chair For Supervision, Randal K. Quarles, At The Money Marketeers Of New York University, New York, New York

Date 07/02/2020

I would like to thank the organizers for the opportunity to speak to you today. My plan is to address some topical and important issues, some of which are quite technical but technicalities that I think can have significant consequences. After providing my thoughts on where the economy and monetary policy are now, I will turn to what we can expect from monetary policy in the years to come.

Keynote Address Of CFTC Commissioner Dawn D. Stump At FIA-SIFMA AMG Asset Management Derivatives Forum, February 6, 2020, Decades – The Yesterday, Today, And Tomorrow Of Derivatives Regulation

Date 06/02/2020

Thank you for the kind introduction.  Before I begin, please allow me to remind you that the views I express today in these remarks are my own and do not represent the views of the Commodity Futures Trading Commission (the “CFTC” or “Commission”) or my fellow Commissioners.  I see many familiar faces out there.  Some of you have known me for a long time, including Walt, whom I have known for more than 20 years. 

Intercontinental Exchange Statement Regarding Management’s Q4 Conference Call With Investors

Date 06/02/2020

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, is sharing the following statement:

Based on investor conversations following today’s ICE earnings call, ICE has decided to cease exploring strategic opportunities with eBay.

Federal Reserve Board Releases Hypothetical Scenarios For Its 2020 Stress Test Exercises

Date 06/02/2020

The Federal Reserve Board on Thursday released the hypothetical scenarios for the 2020 stress test exercises, which ensure that large banks have adequate capital and processes so that they can continue lending to households and businesses, even during a severe recession. The harshest scenario includes a severe global recession with heightened stresses in corporate debt markets and commercial real estate, and for banks with large trading operations, additional pressure on leveraged loans.

SIFMA Anti-Money Laundering & Financial Crimes Conference, New York, NY, February 5, 2020, Welcome And Opening Remarks, By Ira D. Hammerman, Executive Vice President And General Counsel, SIFMA

Date 06/02/2020

Good morning, and welcome to SIFMA’s 20th Annual Anti-Money Laundering & Financial Crimes Conference.

We’ve been gathering this group together for 20 years now, and I wanted to spend a moment reflecting on the origins of this important conference on the SIFMA calendar. To put the timeframe of the year 2000 into context, remember this:

Nadex Product Schedule For The Japan Holiday On February 11, 2020

Date 06/02/2020

Due to the Japan Holiday on Tuesday, February 11, 2020, the Japan 225 contracts will have a modified trading schedule. Please refer to the Holiday Product Schedule Guidelines for specific product trading hours.

Nodal Exchange Successfully Completes Migration Of U.S. Power Open Interest From Nasdaq Futures, Inc.

Date 06/02/2020

Nodal Exchange announced today that it successfully completed the migration of the U.S. power futures and options contracts open interest from Nasdaq Futures, Inc. (NFX) to Nodal Clear, Nodal Exchange’s clearing house, pursuant to the agreement announced in November 2019 whereby Nodal purchased core assets of NFX’s futures and options exchange business. 91.2 million MWh were migrated this morning to Nodal Exchange including 17.3 million MWh of options.  100% of the NFX North American power open interest was migrated to Nodal this morning (except for current month expiries by design).

SEC: ABN AMRO Clearing Chicago Charged With Improper Handling Of ADRs

Date 06/02/2020

The Securities and Exchange Commission today announced that ABN AMRO Clearing Chicago LLC will pay more than $586,000 to settle charges of improper handling of “pre-released” American Depositary Receipts (ADRs).

Moscow Exchange: Free Float Update For Gazprom Ordinary Shares

Date 06/02/2020

Moscow Exchange has revised the free float factor of Gazprom ordinary shares to 50%. The revision was made following the meeting of the Index Committee held on 6 February, 2020.

UK Prudential Regulation Authority Issues Two Bans And Three Public Censures Following Failure Of Enterprise The Business Credit Union Ltd - Final Notices From The Prudential Regulation Authority

Date 06/02/2020

The Prudential Regulation Authority (PRA) has banned non-approved person Mr Michael Graeme Grimsdale and former director Mr Richard Charles Nichols from the financial services industry on the grounds of lack of integrity (and dishonesty on the part of Mr Grimsdale). It has also issued public censures to Mr Nichols and former directors Ms Gillian Birkett and Mr Phil Neale. All were involved in the failure of Enterprise the Business Credit Union Ltd (EBCU) in 2015, which had 1,900 members and £7m in savings.