News Centre

Notice Of Proposed Order Regarding The Creation Of A New Consolidated Market Data Plan For Equity Market Data, SEC Commissioner Hester M. Peirce, Jan. 8, 2020

Date 13/01/2020

Thank you to the Division of Trading Markets and the Office of General Counsel, as well as others throughout the building who worked on this proposed order.  I particularly appreciate the fact that today’s recommendation takes the form of a proposed—rather than a final—order.  

CFTC Commissioner Quintenz To Speak At The Washington Ag Roundtable

Date 13/01/2020

American Financial Exchange® Announces Record Volume Highlights For AMERIBOR® Benchmark Cash Market And Futures Contracts

Date 13/01/2020

The American Financial Exchange (AFX), electronic exchange for direct interbank lending and borrowing for American financial institutions, announced volume highlights and summary for 2019.

CFTC Orders South Korean Company To Pay $700,000 For Spoofing

Date 13/01/2020

The Commodity Futures Trading Commission today issued an order simultaneously filing and settling charges against Mirae Asset Daewoo Co., Ltd. for spoofing in the Chicago Mercantile Exchange (CME) E-mini S&P 500 futures market.  The order finds that Daewoo Securities Co. Ltd.—a company Mirae acquired following the spoofing conduct at issue—engaged in the spoofing through a trader located in Daewoo’s Seoul office. The order requires Mirae to pay a $700,000 civil monetary penalty and to cease and desist from violating the Commodity Exchange Act’s prohibition on spoofing. 

ESMA Publishes Responses To Its Consultation On MiFID II Review Report On Position Limits

Date 13/01/2020

ESMA has today published the responses received to its consultation on MiFID II review report on position limits and position management.

EBA: Consultation Paper On Draft RTS On The Treatment Of Non-Trading Book Positions Subject To Foreign-Exchange Risk Or Commodity Risk (EBA-CP-2020-01)

Date 13/01/2020

The European Banking Authority (EBA) launched today a consultation on draft Regulatory Technical Standards (RTS) on how institutions should calculate the own funds requirements for market risk for their non-trading book positions that are subject to foreign-exchange risk or commodity risk under the FRTB standardised and internal model approaches. The consultation runs until 10 April 2020.

ISDA, Clifford Chance, R3 And The Singapore Academy Of Law Publish Smart Contracts Paper

Date 13/01/2020

ISDA, Clifford Chance, R3 and the Singapore Academy of Law have published a new whitepaper that provides analysis on the legal issues relating to the use of smart derivatives contracts on distributed ledger technology (DLT).

EBA Launches A Consultation On Draft RTS On The Treatment Of Non-Trading Book Positions Subject To Foreign-Exchange Risk Or Commodity Risk Under The FRTB Framework

Date 13/01/2020

The European Banking Authority (EBA) launched today a consultation on draft Regulatory Technical Standards (RTS) on how institutions should calculate the own funds requirements for market risk for their non-trading book positions that are subject to foreign-exchange risk or commodity risk under the FRTB standardised and internal model approaches. The consultation runs until 10 April 2020.

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

Date 13/01/2020

Please be advised the MIAX Exchanges will be closed on Monday, January 20, 2020 in observance of Martin Luther King Jr. Day.

EBA Report Identifies Key Challenges In The Roll Out Of Big Data And Advanced Analytics

Date 13/01/2020

• The growing use of Big Data and Advance Analytics (BD&AA), including Machine Learning, across the industry will rapidly evolve in the next few years.
• The EBA Report identifies recent trends and suggests key safeguards in an effort to support ongoing technological neutrality across regulatory and supervisory approaches.
• The EBA has identified four key pillars - data management, technological infrastructure, organisation and governance and analytics methodology – necessary to support the rollout of Advanced Analytics, along with a set of ‘elements of trust’.