News Centre

MIAX Options Exchange: Rule Change – Rule 500, Exchange May Share Member–Designated Risk Settings With Clearing Members

Date 20/04/2015

MIAX has filed for immediate effectiveness with the Securities and Exchange Commission to modify Exchange Rule 500, Access to and Conduct on the Exchange, to authorize the Exchange to share any Member-designated risk settings in the MIAX System directly with such Member’s Clearing Member.

Fort Worth Regional Director David Woodcock To Leave SEC

Date 20/04/2015

The Securities and Exchange Commission today announced that David Woodcock, Regional Director of the Fort Worth office and leader of the Enforcement Division’s nationwide Financial Reporting and Audit Task Force, is leaving the SEC later this spring. 

SIX Swiss Exchange ETF Quarterly Statistics: 1st Quarter Of 2015

Date 20/04/2015

WisdomTree, A Leading Global Provider Of ETFs, Lists ISEQ 20® ETF On The Irish Stock Exchange

Date 20/04/2015

The WisdomTree ISEQ 20® UCITS ETF (the ETF) issued by WisdomTree, a world-leading provider of exchange traded funds (ETFs), has been admitted to trading on the Irish Stock Exchange (ISE).

EBRD And Egyptian Private Equity Association Promote Private Equity Investment

Date 20/04/2015

The European Bank for Reconstruction and Development (EBRD) and the Egyptian Private Equity Association (EPEA) held a roundtable discussion on 20 April about the Bank’s approach to investing in private equity funds in Egypt.

SEC Charges BlackRock Advisors With Failing To Disclose Conflict Of Interest To Clients And Fund Boards

Date 20/04/2015

The Securities and Exchange Commission today charged BlackRock Advisors LLC with breaching its fiduciary duty by failing to disclose a conflict of interest created by the outside business activity of a top-performing portfolio manager. 

EBA To Host Workshop On Proportionality Measures For Regulatory Purposes

Date 20/04/2015

On 3 July 2015, the European Banking Authority (EBA) will host its second workshop on the application of the proportionality principle in the EU banking supervisory framework, covering the latest institutional and regulatory reforms.

Genscape: Market Volatility - Transmission Outages - Coal-Fired Plants Close In PJM

Date 20/04/2015

Last week, Genscape recorded two key series of events in the PJM power market:

On Tuesday, April 14, WHUB locational marginal pricing during the day’s on-peak period was significantly higher than expected, as the market had been trading below $40.00/MWh as late as 8:40 AM ET. Most notably on this expensive day, was the ratio of congestion costs to energy costs. Genscape’s blog post, “Emergency Transmission Outage Drives Volatility in PJM,” explains that marginal congestion costs were almost equal to energy costs.

PEGAS: Successful Launch Of ZEE Gas Spot And Futures - New PEGAS Spot Index On ZTP

Date 20/04/2015

PEGAS, the pan-European gas trading platform operated by Powernext, has successfully launched physically settled Spot and Futures contracts, quoted in pence per therms, for the Belgian Zeebrugge Beach (ZEE) gas hub on 17 April 2015. On the same day, a Daily Average Price index for the Zeebrugge Trading Point (ZTP) in Euros per Megawatt-Hour was introduced.

EBRD Welcomes Closing Of Citadele Bank Privatisation Agreement

Date 20/04/2015

The European Bank for Reconstruction and Development (EBRD) welcomes the closing of the agreement to privatise Latvia’s Citadele bank. As of today Citadele is majority-owned by a group of international investors led by the US investment firm Ripplewood Holdings and Tim Collins, founder and CEO of Ripplewood. The EBRD, which became a shareholder in the predecessor of Citadele in 2009, has agreed to retain a 25 per cent stake alongside the Ripplewood-led investors.