News Centre

Jeffrey Minton, Office Of The Chief Accountant Chief Counsel, To Retire From The SEC After 20 Years Of Service

Date 13/12/2018

The Securities and Exchange Commission today announced that Jeffrey Minton, Office of the Chief Accountant (OCA)'s Chief Counsel, will be retiring from the agency next month after more than 20 years of service at the SEC, with over half of that time spent in his role in OCA. 

ECB Press Conference - 13 December 2018

Date 13/12/2018

ECB President Mario Draghi and Vice-President Luis de Guindos explain the Governing Council's monetary policy decisions and answer questions from journalists at today’s press conference.

SFTR Comments - Val Wotton, Managing Director, Product Development & Strategy, Derivatives & Collateral Management, DTCC

Date 13/12/2018

The European Commission today announced that they have adopted a package of new measures under SFTR. Commenting on these measures, Val Wotton, Managing Director, Product Development & Strategy, Derivatives & Collateral Management, DTCC, said:

"The approval of the technical standards for the reporting rules of SFTR fires the starting gun on the countdown to the implementation of this new regulation which we expect to take place in just over a year's time."

European Central Bank Monetary Policy Decisions

Date 13/12/2018

At today’s meeting the Governing Council of the European Central Bank (ECB) decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively. The Governing Council expects the key ECB interest rates to remain at their present levels at least through the summer of 2019, and in any case for as long as necessary to ensure the continued sustained convergence of inflation to levels that are below, but close to, 2% over the medium term.

Vaultex To Deploy Cinnober Trading And Clearing Technology For New Exchange

Date 13/12/2018

Cinnober, a global provider of exchange and clearing technology solutions, today announces that Vaultex Exchange will use Cinnober’s TRADExpress Trading System and TRADExpress RealTime Clearing for its new security token exchange.

SIFMA Fixed Income Market Close Recommendations In The U.S., The U.K. And Japan For Christmas Day & The Emperor’s Birthday

Date 13/12/2018

SIFMA has confirmed its previous holiday recommendations for the U.S., the U.K., and Japanin observance of Christmas Day and the Emperor’s Birthday.

ESMA: Notice Of A Call For Tenders (Middle Value) - Market Microstructure – Tick-By-Tick Data – Deadline: 19/12/2018

Date 13/12/2018

Description of required services / products:

The contract is expected to contribute to providing ESMA with a comprehensive set of qualitative and quantitative data on securities markets, allowing it to analyse and monitor the markets in order to achieve the Authority’s objectives: enhance investor protection and promote stable and orderly financial market.

AccessFintech Secures $17.5 Million In Series A Funding Round With Investment From Citi, Credit Suisse, Goldman Sachs And J.P. Morgan

Date 13/12/2018

AccessFintech, the financial technology firm that operates the Global Exceptions Network for exception resolution and risk management, announced today that it has closed a series A funding round and secured $17.5 million investment from Citi, Credit Suisse, Goldman Sachs and JPMorgan Chase & Co. (J.P. Morgan). The AccessFintech network aggregates business exceptions, and provides risk management and resolution tools, through a framework of prioritization and assignment. All four institutions have been working with AccessFintech on projects to increase market collaboration and reduce operational risk throughout the past year, individually and as a group.

Eurex Exchange Appoints Wolfgang Eholzer As Chief Technology Officer

Date 13/12/2018

Eurex Exchange, one of the world’s leading derivatives exchanges, extends its board by appointing Wolfgang Eholzer as Chief Technology Officer as of January 2019. In the new position, he will focus on IT strategy and on Eurex‘s trading system T7.

College Of Insurance To Launch Chartered Institute For Securities & Investment Award In Bancassurance Training In Kenya

Date 13/12/2018

The College of Insurance (COI), based in Nairobi and the Chartered Institute for Securities & Investment (CISI), have entered into a partnership arrangement that will see the COI offer training towards the Award in Bancassurance, in addition to other CISI qualifications.