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Nasdaq Announces End-Of-Month Open Short Interest Positions In Nasdaq Stocks As Of Settlement Date August 31, 2016

Date 12/09/2016

At the end of the settlement date of August 31, 2016, short interest in  2,329  Nasdaq Global Market^SM securities totaled  7,371,196,258  shares compared with 7,501,329,605  shares in  2,334  Global Market issues reported for the prior settlement date of August 15, 2016. The end-of-July short interest represents 5.23 days average daily Nasdaq Global Market share volume for the reporting period, compared with  4.37  days for the prior reporting period.

TFG Financial Systems Wins Five New Mandates From Hedge Funds And Banks In Q3

Date 12/09/2016

TFG Financial Systems, the specialist provider of real time risk monitoring solutions to investment managers, has reported increased interest in its applications from a broad range of clients in the asset management market. In the third quarter alone, TFG has won five new mandates from a Tier 1 bank, mini-prime broker and three hedge funds globally.

Federal Court In North Carolina Orders James A. Shepherd And His Company, James A. Shepherd Inc., To Pay More Than $15 Million In A Monetary Penalty And Restitution For Commodity Pool Fraud - In A Related Criminal Action, Shepherd Pled Guilty To Fraud And Was Sentenced To 84 Months In Prison

Date 12/09/2016

The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Robert J. Conrad, Jr. of the U.S. District Court for the Western District of North Carolina entered a Final Judgment and Consent Order (Order) against Defendants James A. Shepherd and his company, James A. Shepherd Inc. (JAS Inc.), requiring them to pay, jointly and severally, a $7 million civil monetary penalty and $8,060,810.43 in restitution to defrauded commodity pool participants.  The Court’s Order also permanently prohibits Shepherd and JAS Inc. from further violations of the Commodity Exchange Act (CEA) and CFTC Regulations, as charged, and imposes permanent trading and registration bans on them.  According to the Order, Shepherd formerly resided in Vass, North Carolina, and JAS Inc. is a Delaware corporation with a principal place of business in Southern Pines, North Carolina.

U.S. Corporate And Municipal Debt Issuance Poised To Climb, CUSIP Data Shows - Corporate CUSIP Requests Up 12%, Municipal Requests Up 7% In August

Date 12/09/2016

CUSIP Global Services (CGS) today announced the release of its CUSIP Issuance Trends Report for August 2016. The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity, shows an increase in corporate and municipal volume throughout the month of August.

ISDA Publishes New Academic Paper On Single-Name CDS Market

Date 12/09/2016

A new academic literature review commissioned by the International Swaps and Derivatives Association, Inc. (ISDA) and published today shows that single-name credit default swaps (CDS) remain an efficient tool for hedging credit risk and can have a positive impact on the economy.

Singapore And Switzerland To Expand Cooperation On FinTech

Date 12/09/2016

The Monetary Authority of Singapore (MAS) and the Swiss Financial Market Supervisory Authority (FINMA) signed a cooperation agreement to foster greater cooperation on FinTech. This initiative was launched at the second Financial Dialogue between the MAS and the State Secretariat for International Finance (SIF) held today. The annual Dialogue aims to deepen bilateral cooperation and exchange views on domestic and international financial market developments and policies.

Federal Reserve Governor Lael Brainard, At the Chicago Council On Global Affairs, Chicago, Illinois, September 12, 2016, The "New Normal" And What It Means For Monetary Policy

Date 12/09/2016

 Watch live: https://www.thechicagocouncil.org/event/economic-outlook-and-monetary-policy-implications 

In the months ahead, my colleagues and I will continue to assess what policy path will best promote the sustained attainment of our goals. With that in mind, I would like to start by describing the contours of today's economy that will be particularly important in shaping the appropriate path of policy before reviewing recent developments. These contours represent noteworthy departures from the "old normal" that prevailed in the decades prior to the financial crisis. I would argue that policy today must rely less on the old normal as a guidepost and instead be sensitive to the contours that shape today's "new normal."

Donohue Agrees To Stay On As OCC Executive Chairman For Three Additional Years - Announces Creation Of Office Of Executive Chairman And CEO, And Leadership Enhancements

Date 12/09/2016

OCC, the world's largest equity derivatives clearing organization, announced today that Craig Donohue has agreed to stay on as Executive Chairman and Chief Executive Officer for three additional years after his term expires in December. Donohue also announced the creation of an Office of the Executive Chairman and CEO and enhancements to OCC's leadership structure.

United Kingdom Parliament Treasury Committee Update: Letter To Andrew Bailey, Chief Executive, Financial Conduct Authority, Regarding Financial Services Compensation Scheme, Dated 9 September 2016

Date 12/09/2016

The following link will allow you to view a copy of the updated information.

Convergex ETF Direct Platform Executing Record Volume - Notional Value Surpasses $2.5 Billion Since Inception

Date 12/09/2016

Convergex, an agency-focused global brokerage and trading related services provider, announced today that its ETF Direct platform continues to experience significant volume growth while surpassing its own monthly volume records. ETF Direct is a platform that streamlines the process for firms accessing quotes from numerous ETF liquidity providers. Since the ETF Direct platform’s recent launch, notional value executed has exceeded $2.5 billion.