News Centre

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.

Studies Illuminate The History Of The Office Of The Comptroller Of The Currency, The Federal Banking System, And Bank Supervision

Date 18/10/2016

The international publisher, Routledge, today released Banking Modern America: Studies in Regulatory History, a collection of essays providing unique perspective on the history of the Office of the Comptroller of the Currency (OCC), the federal banking system, and bank supervision.

Luxembourg Stock Exchange Introduces Blockchain Into Reporting Service

Date 18/10/2016

Decentralised public blockchain Ethereum will provide “digital signature” on all documents publicly disclosed by issuers; new functionality will enhance security for issuers and transparency of LuxSE’s certification service.

Symbiont Releases Its Enterprise-Ready Distributed Ledger

Date 18/10/2016

Symbiont today announced the release of a software development kit for Assembly, the permissioned distributed ledger component of Symbiont’s smart contracts system. Assembly is the first distributed ledger appropriate for use in institutional finance. It is a highly secure, high performance Byzantine fault-tolerant distributed ledger, able to process a sustained 80,000 transactions per second in a regional multi-node network. This result corresponds to the maximum performance measured in academic studies of the consensus protocol used by Assembly.

OCC Comments On Essential Aspects Of CCP Resolution Planning

Date 18/10/2016

On October 17 OCC provided comments to the Financial Stability Board (FSB) on the issue of essential aspects of CCP resolution planning. OCC supports the work being done regarding CCP resiliency and recovery, but reiterated its concern that in providing guidance regarding resolution, the FSB and other policymakers should not prevent a CCP like OCC from fully implementing its recovery plan and should avoid suggesting steps or processes that undermine the CCP recovery process. OCC said that it is very important in planning for CCP resolution that policymakers focus on resolution planning that promotes market certainty while giving resolution authorities and CCPs the flexibility to deal with actual events as they occur.