News Centre

EBA Publishes Final Templates And Instructions For The Quantitative Impact Study On The Definition Of Default

Date 26/10/2015

The EBA published today the final set of templates and instructions that institutions participating  in the Quantitative Impact Study (QIS) on the definition of default should complete and submit to their respective Competent Authorities (CAs) by 10 December 2015 at the latest.

SEC: Remarks Before The UCI Audit Committee Summit, James Schnurr, Chief Accountant, Newport Beach, CA , Oct. 23, 2015

Date 26/10/2015

Introduction

Thank you for the kind introduction and invitation to speak with you today.  Before I begin, let me remind you that the views expressed today are my own and not necessarily those of the Commission, the individual Commissioners, or other colleagues on the Commission Staff.

Let me start by thanking you for the important and difficult role you play in protecting investors.  In my former life as an audit partner, I had the opportunity to interact with audit committees at not only some of my firm’s largest audit clients, but also some small and mid-size audit clients.  Through those interactions, I have seen significant improvement in the quality and performance of audit committees in their integral role with respect to investor protection.  Among other things, they provide oversight over, and serve as a check and balance on, a company’s financial reporting system.  

Keynote Remarks Of CFTC Chairman Timothy Massad Before The Swap Execution Facility Conference, SEFCON VI, October 26, 2015

Date 26/10/2015

Thank you, Shawn for that warm welcome. It’s great to be back at SEFCON. When I was here last year, I spoke about some of the principles guiding my approach to the regulation of swaps trading and swap execution facilities (SEFs). And I spoke about what I believe we should be trying to achieve in the long run.

My overall goal remains the same as it was then. And that is to create a regulatory framework that not only implements the trading mandate in the law and achieves the basic goals of transparency, fairness and integrity in trading – but also one that creates conditions in which participants want to trade on SEFs. A framework that provides a foundation on which the market can thrive and grow.

FlexTrade EMS Named Best Front-Office Execution System - Receives Honor At Financial News 2015 Awards For Excellence In Trading & Technology

Date 26/10/2015

FlexTrade Systems, Inc., a global leader in multi-asset execution and order management systems, today announced its FlexTRADER EMS has won the “Best Front-Office Execution System” category at the Financial News 2015 Awards for Excellence in Trading & Technology ceremony, which was held at Victoria & Albert Museum, London, on Wednesday, October 21.

ThinkSmart Receives Favourable Report From Mercado Alternativo Bursátil - A Company With International Presence That Specialises In Developing Incentive Programmes

Date 26/10/2015

The Coordination and Admissions Committee of the Mercado Alternativo Bursátil (MAB) has submitted to the Board of Directors a favourable report on ThinkSmart, stating that the company is eligible for admission to the market’s Growth Companies segment following a thorough review of all the information presented by the company. 

SEC Charges Credit Rating Agency With Misrepresenting Surveillance Methodology

Date 26/10/2015

The Securities and Exchange Commission today charged credit rating agency DBRS Inc. with misrepresenting its surveillance methodology for ratings of certain complex financial instruments during a three-year period.  The firm agreed to pay nearly $6 million to settle the charges.

Eighth Meeting Of The Financial Stability Board Regional Consultative Group For The Middle East And North Africa

Date 26/10/2015

Today, the Central Bank of the United Arab Emirates hosted the eighth meeting of the Financial Stability Board (FSB) Regional Consultative Group for the Middle East and North Africa (RCG MENA) in Abu Dhabi, United Arab Emirates.

MIAX Options - Daylight Saving Time - November 1, 2015

Date 26/10/2015

Please be advised the MIAX Options Exchange is scheduled to end Daylight Saving Time 2015 at 2:00 a.m. on Sunday, November 1, 2015.  The MIAX will adjust the system time back 1 hour for trading beginning Monday, November 2, 2015.

Intercontinental Exchange To Acquire Interactive Data Corporation From Silver Lake And Warburg Pincus In $5.2 Billion Cash And Stock Transaction - October 28 Investor Call Set To Review ICE’s Third Quarter 2015 Results And IDC Transaction Details

Date 26/10/2015

Intercontinental Exchange (NYSE:ICE), the leading global network of exchanges and clearing houses, announced today that it has entered into a definitive agreement to acquire Interactive Data Corporation (“IDC”), a leading provider of financial market data, analytics and related trading solutions, from Silver Lake, the global leader in technology investing, and Warburg Pincus, a leading global private equity firm focused on growth investing. The acquisition is valued at approximately $5.2 billion, including $3.65 billion in cash and $1.55 billion in ICE common stock, and builds on ICE’s global market data growth strategy by expanding the markets served, adding technology platforms and increasing new data and valuation services. An investor call to review third quarter 2015 results and the transaction details will be held on Wednesday, October 28 at 8:30am ET. Details for the call are included at the end of this announcement.

Keynote Address At 2015 ISDA Annual Asia Pacific Conference, Mr Ashley Alder Chief Executive Officer, Hong Kong's Securities And Futures Commission, 26 October 2015

Date 26/10/2015

Today I would like to reflect a bit on some issues which I know the International Swaps and Derivatives Association (ISDA) cares about deeply. 

As you know, in the wake of the financial crisis the Group of Twenty (G20) leaders kicked off an ambitious plan for global financial reforms.