News Centre

Financial Services Industry Shortens Trade Settlement Cycle In The U.S., Marking The Most Significant Change In Two Decades - Two-Day Settlement Cycle Reduces Risk And Enhances U.S. Market Structure By Improving Market Safety And Providing Efficiency For Investors

Date 05/09/2017

The Depository Trust & Clearing Corporation (DTCC), Investment Company Institute (ICI) and the Securities Industry and Financial Markets Association (SIFMA), on behalf of the T+2 Industry Steering Committee (T+2 ISC), today oversaw the transition to a standard settlement timeframe of trade date plus two days (T+2) for in-scope securities, including U.S. equity, corporate and municipal bond, and unit investment trust (UIT) trades, reducing operational and systemic risks to the U.S. marketplace.

Office Of The Comptroller Of The Currency Allows National Banks And Federal Savings Associations Affected By Hurricane Irma To Close

Date 05/09/2017

The Office of the Comptroller of the Currency (OCC) today issued a proclamation allowing national banks and federal savings associations affected by Hurricane Irma to close.

MGEX Announces Its Best Fiscal Year Volume In History

Date 05/09/2017

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reports the conclusion of its fiscal year on Thursday, August 31, 2017 at 2,806,706 contracts. As the best fiscal year of all-time, September 2016 to August 2017 proved to be a very active and exciting time for MGEX.   

CFTC Orders Dallas, Texas-based W Resources, LLC To Pay A $150,000 Civil Monetary Penalty For Registration Violations - W Resources, LLC Operates Three Funds As Commodity Pools, Without Registering With The CFTC

Date 05/09/2017

The U.S. Commodity Futures Trading Commission (CFTC) today entered an Order requiring Dallas, Texas-based W Resources, LLC (W Resources) to pay a $150,000 civil monetary penalty for acting as a Commodity Pool Operator (CPO) without registering with the CFTC and to cease and desist from further violating the Commodity Exchange Act (CEA), as charged.

Industry Update On The Consolidated Audit Trail

Date 05/09/2017

With the approval of the Consolidated Audit Trail (CAT) National Market System (NMS) Plan in 2016, and the selection of Thesys Technologies as the Plan Processor in early 2017, industry timelines for compliance with the CAT are in effect, with Broker Dealers being required to report by November 15, 2018 for large Broker Dealers, and November 15, 2019 for small Broker Dealers. The CAT NMS Plan requires exchanges, national securities associations, alternative trading systems, and broker-dealers to submit information on trade events and customer data for listed and OTC equities and listed options to the CAT on a daily basis.   

TMX Group Supports Hurricane Harvey Relief Efforts

Date 05/09/2017

TMX Group has donated $15,000 to the Red Cross in support of Hurricane Harvey Appeal, adding to the ongoing relief efforts to help those who have been impacted by the life-threatening and dangerous flooding conditions in Texas and Louisiana.

Irish Stock Exchange 2016 Profits Up 21% To €8m

Date 05/09/2017

• "2016 was a standout year for the ISE - we are well-positioned to embrace the challenges and opportunities of Brexit" - CEO Deirdre Somers
• Revenues up 6% to €29m as listing revenues grow and equity trading volumes hit a record high
• Growth in debt listings makes the ISE fastest growing bond market in the world
• 70% of ISE revenue comes from outside Ireland

Vienna Stock Exchange: S Immo And Agrana To Join Leading Index ATX As Of 18 September

Date 05/09/2017

The following adjustment will be made to the composition of the Austrian leading index ATX after today's review according to the index rules: The real estate company S Immo AG will be joining ATX for the first time since it became exchange-listed. The sugar company, AGRANA BETEILIGUNGS-AG will be included in the ATX again after a break of over ten years. The real estate developer conwert Immobilien Invest SEand Flughafen Wien AG will be removed from the leading index. Apart from these changes to the index composition, there were no adjustments to the free float factors. The new index composition of the ATX will take effect as of Monday 18 September 2017.0.

ForexClear Clears $1 Trillion Of notional In One Month

Date 05/09/2017

• New monthly record for cleared FX NDFs, increase of 8% from previous monthly record set in March 2017
• Monthly cleared record made  up of over 130,000 trades
• Continuing material increase in demand for FX clearing driven by introduction of uncleared margin rules

Hear From Dombrovskis, Barnier, Gualtieri And Alder At The ESMA Conference

Date 05/09/2017

The European Securities and Markets Authority (ESMA) conference, which takes place in Paris on Tuesday 17 October, will be this autumn’s key event focusing on developments in the EU’s financial services markets.