News Centre

Exchange Of The Year: FOW International Awards Recognizes BM&FBOVESPA’s Performance In South America

Date 08/12/2016

On Wednesday (December 07) BM&FBOVESPA was awarded the status of “Exchange of the Year ¿ South America” by the annual FOW International Awards for the recognition of players in global financial and capital markets.

Enforcement Director Andrew J. Ceresney To Leave SEC

Date 08/12/2016

The Securities and Exchange Commission today announced that Enforcement Director Andrew J. Ceresney will leave the agency by the end of the year. 

Office Of Financial Research Update: “Time Is Right For LIBOR Alternative”

Date 08/12/2016

The OFR posted a blog today by Director Richard Berner, entitled, “Time is Right for LIBOR Alternative.” In it, Director Berner says, “LIBOR is not just an interest rate. It is an interest rate benchmark, or reference rate, one that plays a central role in financial markets and our economy. But there are doubts about LIBOR’s reliability, prompting the Federal Reserve and the Office of Financial Research (OFR) to work with other agencies and market participants to devise a reliable, widely accepted alternative.” He adds, “The OFR is involved in the planning — already well underway — and will be involved with implementation when it occurs.”.

AFME Seeks To Harmonise Post Trade Network Selection Process With New Standardised Due Diligence Questionnaire

Date 08/12/2016

The Association for Financial Markets in Europe (AFME) has published a new due diligence questionnaire with a view to standardising and simplifying the process of completing such questionnaires for sub-custodians.

OCC Honored With 2016 Clearing House Of The Year Award - The Americas From FOW Magazine

Date 08/12/2016

OCC, the world's largest equity derivatives clearing organization, announced today it has won the 2016 Clearing House of the Year - The Americas from FOW Magazine. Presentation of the award took place on December 7 at the FOW International Award gala dinner in London, honoring achievements that have supported the advancement of the global derivatives industry.

AFME Comments On STS Securitisation Vote: Europe Risks Losing A Vital Financing Tool

Date 08/12/2016

Following the vote on the Simple Transparent and Standardised (STS) Securitisation package, announced today in the European Parliament, Richard Hopkin, Head of Fixed Income at AFME, said:

“As the trade association that represents all the leading industry participants in European securitisation markets - including originators, sponsors and issuers, underwriters, investors - we welcome the fact that the European Parliament and Council have now endorsed the establishment of an STS framework and that MEPs support in principle the introduction of a regime for both third country STS securitisations and for non-EU participants.”

SGX Reports Market Statistics For November 2016

Date 08/12/2016

Securities

• Total Securities market turnover value was at S$29.3 billion, up 49% month-on-month and up 51% year-on-year, over 22 trading days. There were 21 trading days in October 2016 and 20 in November 2015.

Bursa Malaysia Securities Publicly Reprimands Malaysia Steel Works (KL) Berhad And Fines 3 Executive Directors A Total Of Rm130,500

Date 08/12/2016

Bursa Malaysia Securities Berhad (635998-W) (Bursa Malaysia Securities) publicly reprimands Malaysia Steel Works (KL) Berhad (MASTEEL) and 3 executive directors for breaches of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (Main LR). In addition, the 3 executive directors of MASTEEL are fined a total of RM130,500. 

Duco Wins FOW International Award For Third Year Running

Date 08/12/2016

Duco, the global fintech provider of post trade data control services, has won the FOW International Award for 'Best Technology Product - Trade Reconciliation' for the third year in a row. FOW, the leading news and data service for the global futures and options industry, presented the award at their International Awards Dinner on 7th December.

Eurosystem Introduces Cash Collateral For PSPP Securities Lending Facilities

Date 08/12/2016

• New possibility to use cash as collateral
• Pricing will be linked to the deposit facility rate
• Changes aim to enhance effectiveness of PSPP securities lending
• Maximum overall limit of €50 billion for the Eurosystem