News Centre

EEX: Dairy Futures Reach Half Year Record

Date 14/07/2016

In the first half of 2016, EEX has reached a new record on the derivatives market for dairy products. From January to June 2016, 42,485 tonnes of commodity equivalent (which corresponds to 8,497 contracts) were traded in the EEX dairy futures, comprising 24,160 tonnes traded in Skimmed Milk Powder Futures, 18,275 tonnes traded in Butter Futures and 50 tonnes traded in Whey Powder Futures. As a result, the trading volume in these products was +454 percent above the trading volume in the first half of 2015 on EEX and Eurex. With this development, EEX has further strengthened its position as leading market place for dairy derivatives in Europe.

Statement At Meeting Of The Investor Advisory Committee, SEC Commissioner Michael S. Piwowar, July 14, 2016

Date 14/07/2016

Good morning. I join my fellow Commissioners in welcoming John Coates, Nancy LeaMond, and Elisse Walter as the newest members of the Investor Advisory Committee. Glad to have you here as well as the returning members who have been re-appointed. I look forward to working with all of you.

OCC Says Pre-Trade Risk Controls Add Resiliency To Markets

Date 14/07/2016

Saying its proposed rule change to the U.S. Securities and Exchange Commission (SEC) on pre-trade risk controls served as a catalyst to spur significant change in the listed equity options market, OCC, the world’s largest equity derivatives clearing organization, today said it is withdrawing the proposal.

Tullett Prebon And ICAP Restructure Transaction After U.S. Justice Department Expresses Concerns About Interlocking Directorates

Date 14/07/2016

The Department of Justice announced today that the restructuring of the $1.5 billion transaction between Tullett Prebon Group Ltd. (Tullett Prebon) and ICAP plc addresses the Department’s concerns that the transaction would violate Section 8 of the Clayton Act by creating an interlocking directorate.  An interlocking directorate is where one person – or an agent of one person or company – sits on the board of directors of two competitors.

Moscow Exchange: Risk Parameters Change For The Securities

Date 14/07/2016

The following risk parameters for the securities RSTI, RSTIP will be changed:

Readout From A Treasury Spokesperson Of U.S. Treasury Secretary Jacob J. Lew’s Meeting With U.K. Chancellor Of The Exchequer Philip Hammond

Date 14/07/2016

U.S. Treasury Secretary Jacob J. Lew met today with new Chancellor of the Exchequer Philip Hammond.
 
Secretary Lew began the meeting by congratulating Chancellor Hammond on his recent appointment and said he looked forward to working closely with the Chancellor and his colleagues to ensure continued economic stability, security, and prosperity in UK, Europe, and beyond. 

SEC Charges Investment Adviser With Failing To Clearly Disclose Additional Costs To Investors

Date 14/07/2016

The Securities and Exchange Commission today announced an enforcement action against an investment advisory firm that failed to properly prepare clients for additional transaction costs beyond the “wrap fees” they pay to cover the cost of several services bundled together.

Moscow Exchange: Risk Parameters For New Bonds

Date 14/07/2016

New bonds will be accepted to margin trading starting from July 15, 2016. From this date on, the following risk parameters will be applied:

EBA Notes Progress In Convergence Of Supervisory Practices Across The EU

Date 14/07/2016

The European Banking Authority (EBA) published today its second annual Report on the convergence of supervisory practices across the EU. The Report, which is addressed to the EU Parliament and the Council, reviews consistency in the application of the Supervisory Review and Evaluation Process (SREP) and supervisory practices in the assessment of recovery plans. The EBA's work in supervisory convergence is designed to foster comparable approaches and consistent outcomes in applying the Single Rulebook. This is necessary for a level playing field, effective supervision of cross border groups, and to identify supervisory best practices. 

BME Celebrates Its 10th Anniversary As A Listed Company

Date 14/07/2016

• The TSR (Total Shareholder Return) of BME received by a shareholder who invested in our public offering attained 115% over these 10 years.
• More than 1.5 billion euros in dividends during this period
• The Spanish stock market has provided more funding to companies than any other exchange in the world, with over 460 billion dollars