News Centre

General Secretariat Of The Council Of The European Union - Brexit: Negotiating Directives On The Transition Period

Date 29/01/2018

In line with the European Council guidelines of 29 April 2017 and the Council negotiating directives of 22 May 2017, the first phase of the negotiations focused on the rights of citizens, the financial settlement, the issues relating to the island of Ireland, other separation issues, and the governance of the Withdrawal Agreement.

CFTC Charges Trader Krishna Mohan With Spoofing And Engaging In A Manipulative And Deceptive Scheme - CFTC Seeks Permanent Injunction, Civil Monetary Penalties, Disgorgement, And Trading And Registration Bans

Date 29/01/2018

The Commodity Futures Trading Commission (CFTC) today announced the filing of a federal court enforcement action in the U.S. District Court for the Southern District of Texas against Krishna Mohan of New York City, New York, charging him with spoofing (bidding or offering with the intent to cancel before execution) and engaging in a manipulative and deceptive scheme in the E-mini Dow ($5) futures contract market on the Chicago Board of Trade and the E-mini NASDAQ 100 futures contract market on the Chicago Mercantile Exchange.

West Corporation Agrees To Acquire Nasdaq’s Public Relations Solutions And Digital Media Services Businesses

Date 29/01/2018

West Corporation (“West”) and Nasdaq, Inc. (Nasdaq:NDAQ) (“Nasdaq”) jointly announced today that West has entered into a definitive agreement to acquire the public relations (Public Relations Solutions) and webcasting and webhosting (Digital Media Services) products and services within Nasdaq’s Corporate Solutions business for approximately $335 million, subject to adjustments. Public Relations Solutions and Digital Media Services consist of a comprehensive portfolio of communication tools, media intelligence and multimedia services for organizations across all industries. These solutions help enterprises more effectively communicate with their investors, customers and employees and increase the relevance of messaging by ensuring that it reaches the targeted audience.

CFTC Orders HSBC Securities (USA) Inc. Pay $1.6 Million Penalty For Spoofing In The Precious Metals Futures Markets - CFTC Recognizes HSBC’s Cooperation And Substantial Assistance In The Investigation

Date 29/01/2018

The Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against HSBC Securities (USA) Inc. (HSBC) for engaging in numerous acts of spoofing with respect to certain futures products in gold and other precious metals traded on the Commodity Exchange, Inc. (COMEX). The Order finds that HSBC engaged in this activity through one of its traders based in HSBC’s New York office.

London Leads Komodo Bonds Issuance

Date 29/01/2018

• Indonesian State Owned Enterprise, Wijaya Karya, issues IDR 5.4 trillion (USD 405 million equivalent) bond to help finance infrastructure development plans
• First Komodo bond by an Indonesian issuer on London Stock Exchange in 2018, following Jasa Marga’s Komodo issuance in December 2017
• Komodo bonds are Indonesian offshore rupiah-denominated bonds
• Listing underlines London Stock Exchange’s status as international centre for debt finance and innovation

CFTC Files Eight Anti-Spoofing Enforcement Actions against Three Banks (Deutsche Bank, HSBC & UBS) & Six Individuals

Date 29/01/2018

The Commodity Futures Trading Commission today announced, in conjunction with the Department of Justice and Federal Bureau of Investigation’s Criminal Investigative Division, criminal and civil enforcement actions against three banks and six individuals involved in commodities fraud and spoofing schemes.

March 2018 Basrah Light Cargo Sold At OSP + $0.42 On Dubai Mercantile Exchange Auctions Platform

Date 29/01/2018

Dubai Mercantile Exchange hosted its latest auction on Monday, January 29, 2018, on behalf of Iraq’s National Oil Company, SOMO.

CFTC Charges James Vorley And Cedric Chanu With Spoofing And Engaging In A Deceptive And Manipulative Scheme In The Precious Metals Futures Markets

Date 29/01/2018

The Commodity Futures Trading Commission (CFTC) announced the filing of a civil enforcement action in the U.S. District Court for the Northern District of Illinois against James Vorley, a U.K. resident, and Cedric Chanu, a United Arab Emirates resident, charging them with spoofing and engaging in a manipulative and deceptive scheme in the precious metals futures markets.

RBC Investor & Treasury Services Appoints Erik Morgan As Head Of Global Due Diligence

Date 29/01/2018

RBC Investor & Treasury Services (I&TS), part of Royal Bank of Canada (RY on TSX and NYSE), today announced the appointment of Erik Morgan as Managing Director, Head of Global Due Diligence.

European Commission: Press Statement By Michel Barnier Following The General Affairs Council (Article 50) On The Adoption Of Negotiating Directives On Transitional Arrangements

Date 29/01/2018

Ladies and gentlemen,

Allow me to say a few words on these new negotiation directives:

The EU position is very clear: the transition will last for 21 months, until 31 December 2020.