News Centre

Monetary Policy In A Changing Economy, Federal Reserve Chairman Jerome H. Powell, At "Changing Market Structure And Implications For Monetary Policy," A Symposium Sponsored By The Federal Reserve Bank Of Kansas City, Jackson Hole, Wyoming

Date 24/08/2018

Thank you for the opportunity to speak here today. Fifteen years ago, during the period now referred to as the Great Moderation, the topic of this symposium was "Adapting to a Changing Economy." In opening the proceedings, then-Chairman Alan Greenspan famously declared that "uncertainty is not just an important feature of the monetary policy landscape; it is the defining characteristic of that landscape."1 On the doorstep of the period now referred to as the Global Financial Crisis, surely few, if any, at that symposium would have imagined how shockingly different the next 15 years would be from the 15 years that preceded it.

Cboe Plans September 10 Launch Of U.S. High Yield Corporate Bond Index Futures Trading

Date 24/08/2018

Cboe Global Markets, Inc. (Cboe: CBOE |Nasdaq : CBOE ), one of the world's largest exchange holding companies, today announced that Cboe Futures Exchange (CFE), plans to offer trading in Cboe® iBoxx® iShares® $ High Yield Corporate Bond Index (IBHY) futures beginning September 10, 2018, pending regulatory review.

LSEG: SEDOL Masterfile Expands Its Data Offering With US Fixed Income Additions

Date 24/08/2018

• Significant expansion of SEDOL Fixed Income coverage to include all US Municipal and US Corporate Bond data
• c. 1.5 million new fixed income codes
• Addition of 11 new security types to accommodate granularity of the service offered

ICE Data Indices, LLC Successfully Completes Independent Assurance Review On Its Implementation Of The IOSCO Principles For Financial Benchmarks

Date 24/08/2018

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Data Indices, LLC, has successfully completed an assurance engagement on its implementation of the IOSCO Principles for Financial Benchmarks. ICE engaged PricewaterhouseCoopers LLP (PwC) to perform the assurance engagement.

CFTC Wins Trial Against Virtual Currency Fraudster - Court Orders Defendants To Pay Over $1.1 Million In Penalties And Restitution In Connection With The “Vicious Defrauding Of Customers”

Date 24/08/2018

A New York federal court entered final judgment ordering Patrick K. McDonnell of Staten Island, New York, and CabbageTech, Corp. d/b/a Coin Drop Markets (CDM), McDonnell’s New York-based company, to pay over $1.1 million in civil monetary penalties and restitution in connection with a lawsuit brought by the Commodity Futures Trading Commission (CFTC) alleging fraud in connection with virtual currencies, including Bitcoin and Litecoin.

PIMFA Comments On HM Government Preparations For A “No Deal” Brexit

Date 24/08/2018

In response to the HM Government preparations for a ‘no deal’ scenario, PIMFA – the UK's leading wealth management and financial advice association – reiterates the importance of keeping the interests of retail clients as a priority in the negotiations. PIMFA would like to see more detail as to how the government will address the risks posed to EEA clients under a “no Brexit deal” situation.

HKEX Announces Details Of Launch Of NB Investor ID Model On 17 September

Date 24/08/2018

• EPs must assign a unique number to each of their Northbound trading clients and provide Client Identification Data to HKEX
• HKEX will facilitate market readiness and compliance by providing a secure file transfer protocol service for EPs to submit the required information from 27 August

Deutsche Börse: Green And Sustainable Finance Cluster Germany Releases Baseline Report - Mobilising The Finance Sector For Climate Protection And Sustainable Investment

Date 24/08/2018

On Friday, in Frankfurt, the Green and Sustainable Finance Cluster Germany issued its baseline report presenting an inventory of sustainability activities at the financial centre of Frankfurt/Main. The report is the first publication from this cluster, created in spring 2018 in a merger between the Green Finance Cluster Frankfurt of the Hessian Ministry of Economics and the Accelerating Sustainable Finance Initiative of Deutsche Börse. The cluster’s objective is to further mobilise the finance sector for climate protection and sustainable investment.

HKEX: Exchange Publishes Frequently Asked Questions On Listing Of Companies From Emerging And Innovative Sectors

Date 24/08/2018

The Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), published today (Friday) Frequently Asked Questions (FAQs) for prospective applicants under Chapters 8A, 18A and 19C of the Main Board Listing Rules (New Chapters).

Bursa Malaysia To Launch First Mini Futures Contract On Derivatives Market - Mini FTSE Bursa Malaysia Mid 70 Index Futures Contract Targets Retail Investors

Date 24/08/2018

Bursa Malaysia’s subsidiary, Bursa Malaysia Derivatives Berhad, will launch the Mini FTSE Bursa Malaysia Mid 70 Index Futures Contract (“FM70”) on Monday, 27 August 2018, the first mini futures contract to be traded on the Exchange’s derivatives market.