News Centre

Payment Systems Regulator Sets Out How It Will Regulate The New EU Interchange Fee Regulation In The UK

Date 02/12/2015

The Payment Systems Regulator (PSR), the new economic regulator for the £75 trillion UK payment systems industry, has published draft guidance setting out how it plans to regulate new European legislation covering payment cards.

Thailand Focus 2015 Attracts 400 Investors Worldwide, Reaffirms The Country's Strength

Date 02/12/2015

The Stock Exchange of Thailand (SET), together with Phatra Securities pcl and Bank of America Merrill Lynch, starts "Thailand Focus 2015" today  until December 4 in Bangkok, attracting about 400 investors. Among those there are more than 80 foreign funds to meet directly with 100 Thai listed firms from all industry groups in more than 950 meetings.

Taiwan Stock Exchange’s ETF Market Continues To Diversify With Listing Of Capital SZSE SME Price Index ETF - Taiwan’s NT$203.2 Billion (US$6.22 Billion) ETF Further Deepens With First-Ever ETF Tracking Mainland China’s Fast-Growing SME Companies

Date 02/12/2015

The first-ever ETF tracking Mainland China’s small-to-medium-size (SME) companies was listed on the Taiwan Stock Exchange (TWSE) today. The ‘Capital SZSE SME Price Index ETF’ (stock code: 00643), issued by Capital Investment Trust Corporation, tracks the SZSE SME Price Index that covers the 100 largest and most liquid companies that trade on the SME Board of the Shenzhen Stock Exchange.

Dalian Commodity Exchange: Notice On Adjusting The Designated Delivery Warehouses Of Egg Futures

Date 02/12/2015

It is decided upon discussion that as from today, DCE will adjust the designated delivery warehouses of the egg futures.

MNI China Auto Purchase Sentiment Survey: Chinese Car Buying Sentiment Slips- Plans To Buy Fall To Lowest Since September 2014

Date 02/12/2015

Consumer confidence towards the car market slipped further again in November. Chinese consumers were slightly more enthusiastic about the car purchasing environment, although a rise in expected running costs dragged overall sentiment down. That said, a slight improvement in car purchase expectations, though still below the neutral 100 level that separates pessimists from optimists, may suggest car sales will help underpin overall market sentiment in the near term.

Dalian Commodity Exchange: Notice On Adjusting The Price Limits And The Minimum Trading Margin Standards Of LLDPE And PP Futures

Date 02/12/2015

Speech By Federal Reserve Governor Lael Brainard At The Stanford Institute For Economic Policy Research, Stanford, California, December 1, 2015, Normalizing Monetary Policy When The Neutral Interest Rate Is Low

Date 02/12/2015

Let me begin by noting that my comments today will not address the timing of liftoff for the federal funds rate.

Recent months have seen increased anticipation of the normalization of monetary policy in the United States. Many observers interpret normalization to mean a tightening cycle similar in pace to previous cycles, such as those from 1994 to 1995 and from 2004 to 2007, with the effect of returning interest rates to the level viewed as normal in the decades before the crisis. The Federal Reserve describes normalization as "steps to raise the federal funds rate and other short-term interest rates to more normal levels." But what do we mean by "more normal levels"? A broad deterioration in foreign growth prospects, together with greater risk sensitivity in the wake of the crisis and changes in the rate of potential output growth, may be contributing to a "new normal." The new normal is likely to be characterized by a lower level of interest rates than in the decades preceding the crisis, which counsels a cautious and gradual approach to adjusting monetary policy.

OneChicago: Execution Fee Cap For OCX.NoDivRisk® Products – Pilot Program Extension

Date 01/12/2015

On July 1, 2015, OneChicago, LLC (“OneChicago”) modified its fee schedule on a pilot basis (through December 31, 2015) to cap the execution fee for all OCX.NoDivRisk products. The pilot program capped the OCX.NoDivRisk execution fee at $700 per side per trade. Before this pilot program, these fees were 5/100^ths of a basis point (0.0005%) of notional value, which is $5.00 per million with a $0.01 minimum, with no cap. The pilot program maintains these execution fees but imposes the aforementioned cap. All OCX.Weekly products and all “1D” futures are part of the OCX.NoDivRisk product suite. Pending regulatory approval, the pilot program will be extended until December 31, 2016.

CBOE Futures Exchange Reports November 2015 Trading Volume

Date 01/12/2015

• VIX Futures ADV Up 24% from November 2014
• Total of 3.48 Million VIX Futures Contracts Traded
• VIX Futures Up 3% Year to Date

ISE Holdings Reports Business Activity For November 2015

Date 01/12/2015

• ISE and ISE Gemini combined to represent 15.5% of equity options market share, excluding dividend trades.
• ISE and ISE Gemini reported a combined ADV of 2.3 million contracts.
• Dividend trades made up 1.4% of industry volume in November 2015.