News Centre

CFTC Commitments Of Traders Reports Update

Date 16/01/2015

The current reports for the week of January 13, 2015 are now available.

ISDA Announces Key Organizational Changes

Date 16/01/2015

The International Swaps and Derivatives Association, Inc. (ISDA) today announced several organizational changes in ISDA’s Public Policy and Regulatory and Legal teams to reflect the next phase of regulatory reform and to support cross-border harmonization efforts.

Nigerian Stock Exchange Weekly Report For The Week Ended 16 January 2015

Date 16/01/2015

A turnover of 1.663 billion shares worth N16.585 billion in 23,591 deals were traded this week by investors on the floor of The Exchange in contrast to a total of 2.013 billion shares valued at N23.377 billion that exchanged hands last week in 20,902 deals.

Liz Field, CEO Of The Wealth Management Association Comments On US And UK Cyber Games

Date 16/01/2015

As the British Prime Minister David Cameron and US President Barack Obama meet to discuss the growing threat of cyber crime and the increasing risk to business, Liz Field, CEO of the Wealth Management Association, the trade body whose members manage £650 billion of private clients assets, welcomes the support and believes that it should remain at the top of the agenda of policy-makers.

CFTC Orders Summit Energy Services, Inc. To Pay $140,000 Civil Monetary Penalty And Cease And Desist From Acting As An Unregistered Commodity Trading Advisor

Date 16/01/2015

The U.S. Commodity Futures Trading Commission (CFTC) today entered an Order requiringSummit Energy Services, Inc. (Summit Energy), a Delaware corporation with its principal place of business in Louisville, Kentucky, to pay a $140,000 civil monetary penalty for acting as an unregistered Commodity Trading Advisor (CTA).

R.J. O’Brien Statement On Swiss Franc

Date 16/01/2015

Chicago-based R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, today issued the following statement:

“RJO has no customer debits as a result of the volatility surrounding the Swiss Franc trade yesterday.”

FESE: Response To ESMA Guidelines On The Application Of C6 & C7 of Annex I MiFID

Date 16/01/2015

Reply form for theConsultation paperGuidelines on the application of C6 and C7 of Annex I of MiFID

ICE Futures Europe Sets Daily Volume Record In Three Month Euro Swiss Franc Futures

Date 16/01/2015

Intercontinental Exchange, the leading global network of exchanges and clearing houses, today announced that ICE Futures Europe reached a daily volume record of 199,692 contracts in Three Month Euro Swiss Franc (Euroswiss) futures on January 15, 2015. The previous record of 194,340 contracts was set on December 4, 2012.

ACER Recommendations For The European Gas Market Welcomed By Stakeholders

Date 16/01/2015

The Agency’s recommendations for meeting the new challenges faced by the European gas market were well received by stakeholders from across the sector, who participated today in a workshop organised by ACER in Brussels.  These recommendations are aimed at improving competitiveness to ensure security of supply; facilitating the emergence of a well-functioning and transparent wholesale market and optimising the role of gas in complementing renewable energy source generation. The report also includes  an in-depth study of all relevant hubs and their trading activity, which shows that hub based pricing is already used for the majority of operations. Therefore it is of growing importance that the price formation on these hubs can be trusted,  is robust and based on a well-functioning, deep and liquid market.

Alpari: Important Announcement

Date 16/01/2015

The recent move on the Swiss franc caused by the Swiss National Bank’s unexpected policy reversal of capping the Swiss franc against the euro has resulted in exceptional volatility and extreme lack of liquidity. This has resulted in the majority of clients sustaining losses which has exceeded their account equity. Where a client cannot cover this loss, it is passed on to us. This has forced Alpari (UK) Limited to confirm today, 16/01/15, that it has entered into insolvency. Retail client funds continue to be segregated in accordance with FCA rules.