News Centre

Remarks Of CFTC Chairman Timothy Massad Before The Natural Gas Roundtable (Washington, D.C.)

Date 26/05/2015

Good afternoon, everyone. David, thank you for the kind introduction. And, thank you to the Natural Gas Roundtable for inviting me today. I am pleased to be here to discuss the energy markets and the work of the CFTC.

When it comes to managing market risk, I suspect there are few industries that have faced more challenge than the oil and gas industry in recent years. The changes in supply and demand that all of you must contend with have been significant. The shale revolution has had dramatic effects on price and changed fundamental assumptions about our domestic production capabilities. Five or six years ago, there was hardly any shale production in the Marcellus region, and in April it was over 16 billion cubic feet per day. And you have always faced the challenges created by the basic structure of the gas market, such as the fact that it is largely domestic and demand can vary significantly depending on the unpredictable effects of weather.

Speech: Vice Chairman Stanley Fischer, At The Conference Held In Honor Of Professor Haim Ben-Shahar, Former President Of Tel Aviv University, Tel Aviv University, Tel Aviv, Israel, May 26, 2015, The Federal Reserve And The Global Economy

Date 26/05/2015

I am happy to be here today, and I thank the organizers for inviting me. It is a particular pleasure to be back in Israel, where my career as a central banker began. At the Fed, I face a somewhat different set of responsibilities, and my lecture today is on the special challenges that face the Federal Reserve and the global economy in an increasingly interconnected world.

SEC Charges New York Lawyer And Two Promoters With Market Manipulation

Date 26/05/2015

The Securities and Exchange Commission today announced fraud charges against a securities lawyer who used his New York law office as the headquarters for planning and implementing market manipulation schemes.  Also charged are two stock promoters from Canada who assisted him.

EGX Announces Its Second Investors Summit To Support IPOs And Capital Increases - Omran : The Conference Helps Companies To Obtain Financing That Helps To Offer More Jobs - Omran: The Companies’ Growth Through The Stock Exchange Sustains The Economic Development And Increases GDP Growth Rates

Date 26/05/2015

The Egyptian Exchange (EGX) is preparing to host its second annual conference for investment in the stock market in order to support IPOs and capital increases under the patronage of Eng. Ibrahim Mahlab, the Egyptian Prime Minister, where the conference represents an important opportunity for compatibility among the most promising companies that have expansion and growth opportunities and want to get financing, and between the financial institutions and investment banks that have the ability to restructure those companies and to offer them through the Egyptian Exchange.

Dalian Commodity Exchange Actively Promotes Internationalization of Iron Ore Futures Market

Date 26/05/2015

Utilidex Confirms Contract With Flow Energy To Provide Power Purchasing System

Date 26/05/2015

Utilidex is pleased to announce it has extended its relationship with Flow Energy to supply its next generation power purchasing solution.

EBA Publishes Guidelines On Triggers For Resolution

Date 26/05/2015

The European Banking Authority (EBA) published today its final Guidelines on the circumstances under which an institution shall be considered as ‘failing or likely to fail' (triggers for resolution). These Guidelines aim at promoting convergence of EU supervisory and resolution practices in relation to how resolution should be triggered.

SEC Charges Deutsche Bank With Misstating Financial Reports During Financial Crisis

Date 26/05/2015

The Securities and Exchange Commission today charged Deutsche Bank AG with filing misstated financial reports during the height of the financial crisis that failed to take into account a material risk for potential losses estimated to be in the billions of dollars.

Finansinspektionen - FI -Swedish Financial Supervisory Authority: Proposal To Amend The Regulations On The Countercyclical Capital Buffer

Date 26/05/2015

Finansinspektionen proposes that the countercyclical capital buffer should be 1.5 per cent from 27 June 2016.

OCC Comments On S&P Reaffirmation Of AA+/Stable Rating

Date 26/05/2015

OCC, the world’s largest equity derivatives clearing organization, today commented on the reaffirmation of its AA+/Stable rating by Standard & Poor’s.