News Centre

SGX FTSE China A50 Index Futures Volumes And Open Interest Grows

Date 29/01/2015

• SGX FTSE China A50 Index Futures gallops to a new single day volume high of 594,551 contracts and open interest record high of 591,501 contracts during January roll to start 2015 on a high note.
• SGX implemented a tick size change from start of January 2015 to help lower the bid-offer spread of the contract from 6.5 bps to 3.2 bps for market participants.
• Recent outflow of funds from leading China-related Hong Kong-listed Exchange Traded Funds signals receding of bullish interest by global investors, which has spilled over to the SGX FTSE China A50 Index Futures market. 

Bursa Malaysia Delivers Highest Profit After Tax And Minority Interest (PATAMI) Since 2008 - Posts 15% Jump In Its PATAMI And Proposes 18 Sen Final Dividend

Date 29/01/2015

Bursa Malaysia Berhad (“Bursa Malaysia”) delivered the highest PATAMI since 2008 at RM198.2 million, up by 15% for the financial year ended 31 December 2014 (“FY2014”).  Cost-to-income ratio improved from 48% in 2013 to 46% in 2014 while the return on equity recorded an increase from 21% in 2013 to 25% in 2014.

CFTC Commissioner J. Christopher Giancarlo Releases Swaps Trading Rules White Paper - Pro-Reform Reconsideration Of The CFTC Swaps Trading Rules: Return To Dodd-Frank

Date 29/01/2015

U.S. Commodity Futures Trading Commission (CFTC) Commissioner J. Christopher Giancarlo today released a White Paper titled “Pro-Reform Reconsideration of the CFTC Swaps Trading Rules:Return to Dodd-Frank.” The paper analyzes flaws in the CFTC’s implementation of its swaps trading regulatory framework under Title VII of the Dodd-Frank Act and proposes a more effective alternative.

CFTC Swaps Report Update

Date 28/01/2015

CFTC's Weekly Swaps Report has been updated, and is now available.

SEC Names Erin Schneider As Associate Regional Director In San Francisco Office

Date 28/01/2015

The Securities and Exchange Commission today announced that Erin E. Schneider has been named the Associate Regional Director for enforcement in the San Francisco office.

Commentary From Aite Group On BATS Global Markets Agreeing To Acquire The Hotspot FX Market

Date 28/01/2015

Today's announcement that KCG sold Hotspot is not a surprise to Aite Group, since the GETCO management had explicitly stated at the time of their Knight acquisition that Hotspot would eventually be sold. 

Federal Reserve Issues FOMC Statement

Date 28/01/2015

Information received since the Federal Open Market Committee met in December suggests that economic activity has been expanding at a solid pace.  Labor market conditions have improved further, with strong job gains and a lower unemployment rate.  On balance, a range of labor market indicators suggests that underutilization of labor resources continues to diminish.  Household spending is rising moderately; recent declines in energy prices have boosted household purchasing power.  Business fixed investment is advancing, while the recovery in the housing sector remains slow.  Inflation has declined further below the Committee’s longer-run objective, largely reflecting declines in energy prices.  Market-based measures of inflation compensation have declined substantially in recent months; survey-based measures of longer-term inflation expectations have remained stable.

Fortune Favours The Bold - Speech By Mark Carney, Governor Of The Bank Of England, Lecture To Honour The Memory Of The Honourable James Michael Flaherty, P.C.,Iveagh House, Dublin

Date 28/01/2015

It is a pleasure to be in Dublin and an honour to give this Iveagh House lecture in memory of Jim Flaherty.

Jim’s attitude and actions typified the Flaherty family motto: Fortune Favours the Bold. Born the sixth of eight children in La Chine, Quebec; Jim Flaherty worked odd jobs and won a hockey scholarship to put himself through Princeton. Successful in private and public sectors; he rose to become Attorney General and Minister of Finance of his province before becoming Canada’s 37th Minister of Finance. Once there, his accomplishments were legion, ranging from creating and enhancing support programs for the disabled and care givers to setting the country back on the path to fiscal balance after the crisis and ensuing recession.

Calypso Platform Supports BCBS/IOSCO Requirements For Margin On Non-Cleared Derivatives

Date 28/01/2015

Calypso Technology, a leader in Capital Markets software, today announces it will be releasing a new solution for calculating the Initial Margin required on non-cleared derivatives trades. The solution meets the requirements of the Basel Committee on Banking Supervision (BCBS) and the International Organization of Securities Commissions (IOSCO) for margin requirements on non-centrally cleared derivatives.

Jose Scheinkman To Receive CME Group-MSRI Prize In Innovative Quantitative Applications - Distinguished Panel To Discuss Economic Bubbles Following Award Ceremony

Date 28/01/2015

CME Group, the world's leading and most diverse derivatives marketplace, and the Mathematical Sciences Research Institute (MSRI) announced Jose Scheinkman, Professor of Economics at both Columbia and Princeton Universities, as the 2014 recipient of the CME Group-MSRI Prize in Innovative Quantitative Applications.  A ceremony honoring Scheinkman will take place at CME Group Headquarters on Monday, Feb. 9, at 10:00 a.m. CT and will feature a dynamic discussion on the topic of economic bubbles.