News Centre

CBOE Vest Launches CBOE Vest Defined Distribution Strategy Fund (VDDIX)

Date 18/10/2016

• Fund targets consistent monthly distributions of 5.25% annualized over  one-month Treasury yields before fees and expenses
• Delivers unique returns not correlated to fixed income markets, neutral to equity markets’ performance

CME Group And Duco Announce Launch Of Fee Data Control And Reconciliation Service For CME Member Firms

Date 18/10/2016

CME Group, the world's leading and most diverse derivatives marketplace, and Duco Technologies, a global fintech provider of award-winning data control services, today announced that Duco’s innovative data control and reconciliation services will be available to CME Group member firms starting in January 2017. The launch follows a successful six-month trial period with a limited number of futures commission merchants (FCMs).

BM&FBOVESPA: Understand CVM Instruction 561 Which Establishes Distance Voting For Shareholders

Date 18/10/2016

In April 2015, CVM enacted Instruction 561 which establishes distance voting ballots to allow a larger number of shareholders to take part in public companies’ general meetings.

Thomson Reuters Report Shows Financial Institutions Recognize Benefits Of Adopting A More Strategic Approach To Regulatory Data Management & Compliance - 29 Percent Of Asia-Based Respondents Are Taking A Strategic Approach To Regulatory Data Management, Compared With 18 Percent In Europe And Just 13 Percent In North America

Date 18/10/2016

A Thomson Reuters report reveals that 88 percent of financial institutions will work strategically across regulatory agencies over the next two years. Financial institutions are recognizing the benefits of harmonized approaches to data management, enabling them to leverage data commonalities that exist across multiple global regulations. The major benefit identified by 79 percent of respondents was consistency of data across the business, followed by organizational efficiencies (63 percent), cost savings (50 percent) and a reduction in data sources used (44 percent).

ERIS Adds Live Points On The Yield Curve - Liquidity Providers Now Stream Firm, Tradable 3Y And 4Y Markets In The Central Limit Order Book In Response To End User Demand

Date 18/10/2016

Eris Exchange (Eris), a U.S.-based futures exchange offering cash-settled swap futures as the leading alternative to traditional OTC swaps, began offering live streaming, tradable markets in 3Y and 4Y Eris Standard U.S. Dollar Interest Rate Swap Futures on August 29.  The launch increased the live points on the yield curve from five to seven, enabling new hedging and spread trading opportunities. The new streaming contracts complement previous live markets in 2Y, 5Y, 7Y, 10Y, and 30Y Eris Standards already streaming in Eris SwapBook. 

Bluefin Europe LLP: Next New Trading Participant At SIX Swiss Exchange

Date 18/10/2016

DTCC Appoints Tim Keady To Lead Firm’s DTCC Solutions Businesses

Date 18/10/2016

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced the appointment of Timothy Keady as Managing Director of DTCC Solutions and Sales & Solution Delivery. Mr. Keady assumes responsibility for leading DTCC’s Solutions businesses of derivatives, collateral, institutional post-trade processing (i.e., Omgeo products), entity data (e.g.,Avox Data Services), and data products, including DTCC’s joint venture companies of Clarient Global LLC., DTCC-Euroclear Global Collateral Ltd., and Soltra.  He retains his current responsibilities as Chief Client Officer for leading the company’s sales, relationship management, and marketing and communications functions.  Mr. Keady succeeds Donna Milrod, who is leaving the firm in November. He will report to Mike Bodson, President & CEO.  

Abacus Group Announces Major Expansion In London - Managed Cloud Services Provider For Alternative Investment Funds Opens Second London Data Center

Date 18/10/2016

Abacus Group, a leading provider of hosted cloud IT solutions for alternative investment funds, today announced a major expansion of its services in London, including the opening of a second London data center.

SEC: Ernst & Young To Pay $11.8 Million For Audit Failures

Date 18/10/2016

The Securities and Exchange Commission today announced that Ernst & Young LLP has agreed to pay more than $11.8 million to settle charges related to failed audits of an oil services company that used deceptive income tax accounting to inflate earnings.

Nigerian Stock Exchange Market Data Workshop 2016, Address By Mr. Oscar N. Onyema, OON, Chief Executive Officer, The Nigerian Stock Exchange, 18 October, 2016

Date 18/10/2016

Good morning distinguished ladies and gentlemen:

It is with great pleasure and sense of pride that I welcome you to the first ever market data workshop, hosted by the Nigerian Stock Exchange (NSE or The Exchange) and perhaps the first in Nigeria.  I want to thank you all for taking time out of your busy schedules to be here and share this experience with us.  When I came up with the idea late last year, the heavy lifting was left to my team to do.  I would like to take this opportunity to thank my extraordinary team for putting together this event, in particular, Mr. Ade Bajomo, the Executive Director, Market Operations and Technology at the NSE, for driving it to fruition.  Let me also thank our esteemed sponsors, Bloomberg, Infoware, Global Trybe Solutions, ARM, Samsung, Zanibal, Wapic Insurance and Ntel for helping to make this workshop a reality.