News Centre

Dubai Financial Market Welcomes The Listing Of Kuwait’s Al Salam Holding Group - DFM The Leading Exchange In The Region And The “Market Of Choice” For Kuwaiti Companies Looking For Dual Listings

Date 29/09/2013

Dubai Financial Market (DFM) announced today the listing of Kuwait’s Al Salam Holding Group. The company shares commenced trading on Sunday, September 29th 2013, under the trading symbol “Alsalamkw”, which appears on DFM screens, trading systems and publications within the Investment and Financial Services sector.

Dubai Mercantile Exchange Wins 'Exchange Of The Year'

Date 29/09/2013

DME (Dubai Mercantile Exchange) was named Energy Risk's 'Exchange of the Year' at the magazine's prestigious 2013 Asia awards.

Nodal Exchange Receives CFTC Approval To Register As A Designated Contract Market

Date 28/09/2013

Nodal Exchange, LLC (Nodal Exchange) announced today that the U.S. Commodity Futures Trading Commission (CFTC) has approved its application to be registered as a Designated Contract Market (DCM). The application was filed on October 11, 2012. Nodal Exchange will begin operation as a DCM effective on September 30, 2013. 

Nanex ~ 24-Sep-2013 ~ CIA And The Fed - Covert Information Asymmetry

Date 28/09/2013

Update: September 25, 2013

A few articles covering this are focusing on trading in Gold. We singled out gold because it was one of the few instruments with high activity in the minutes before the 2pm announcement. This high activity preceeding the release allowed us to verify that the exchange time stamps we used later, were accurate.

It wasn't just gold. It was everything that traded. In fact, the 1/100th of a second after 2pm was the most active 10 milliseconds in the history of the U.S. Stock an Futures markets. See charts at the bottom and also here.

Nanex ~ 20-Sep-2013 ~ Einstein And The Great Fed Robbery

Date 28/09/2013

Update: September 26, 2013

We added charts (see below) that compare market reactions from previous events driven by news from Washington DC. These clearly show how New York markets respond about 5 milliseconds before Chicago. 

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Update: September 25, 2013

A few articles covering this are focusing on trading in Gold. We singled out gold, is because it was one of the few instruments with high activity in the minutes before the 2pm announcement. This high activity preceeding the release allowed us to verify that the exchange time stamps we used later, were accurate.

Virtu Financial, Inc. Study Of Federal Reserve Announcement, September 18th, 2013

Date 28/09/2013

Nanex recently released a study called “The Great Fed Robbery” which suggested that certain embargoed news of the Federal Reserve decision regarding tapering was released or “leaked” early. After analyzing the Nanex study, the data used in the Nanex study and our own sources of market data, we have concluded that the Nanex study is severely flawed. The following is our conclusions based on clear facts associated with the events of September 18th, 2013.

CFTC’s Division Of Market Oversight Provides Time-Limited No-Action Relief To Temporarily Registered SEFs From Any Enforcement Responsibilities Under Commission Regulations 37.200(A), 37.200(B), 37.201(B)(1), 37.201(B)(3), 37.201(B)(5), 37.202(B) And 37.203 With Respect To Market Participants Trading On Those SEFs

Date 28/09/2013

The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (DMO) today announced the issuance of a time-limited no-action letter providing relief for temporarily registered swap execution facilities (SEFs) from any enforcement responsibilities under Commission regulations 37.200(a), 37.200(b), 37.201(b)(1), 37.201(b)(3), 37.201(b)(5), 37.202(b) and 37.203 with respect to market participants trading on those SEFs. The no-action relief in this letter only applies to entities that have achieved temporary registration status as SEFs as of October 2, 2013.

CFTC’s Division Of Market Oversight Issues Time-Limited No-Action Relief For Temporarily Registered Swap Execution Facilities From Certain Swap Data Reporting Requirements Of Parts 43 And 45 Of The Commission’s Regulations

Date 28/09/2013

The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) issued a letter providing temporarily registered swap execution facilities (SEFs) with relief from certain swap data reporting requirements of Parts 43 and 45 of the Commission’s Regulations with respect to certain swaps in the equity, foreign exchange (FX) and other commodity asset classes executed on, or pursuant to, the rules of a SEF, and subject to conditions specified in the letter. The relief expires no later than 12:01 a.m. eastern time on October 30, 2013 for swaps executed in the FX asset class, and 12:01 a.m. eastern time on December 2, 2013 for swaps executed in the equity and other commodity asset classes.

CFTC Issues Notices Of Temporary Registration As A Swap Execution Facility To Thomson Reuters (SEF) LLC And ICAP SEF (US) LLC

Date 28/09/2013

The U.S. Commodity Futures Trading Commission (CFTC or Commission) has approved the applications of Thomson Reuters (SEF) LLC (TR SEF) and ICAP SEF (US) LLC (ICAP SEF) for temporary registration as a swap execution facility (SEF). TR SEF is a Delaware limited liability company and is an indirect, wholly-owned subsidiary of Thomson Reuters Corporation, an Ontario, Canada corporation. ICAP SEF is a Delaware limited liability company and is an indirect, wholly-owned subsidiary of ICAP plc, a United Kingdom public limited company.

CFTC Designates Nodal Exchange, LLC As A Contract Market And CFTC’s Division Of Market Oversight And Division Of Clearing And Risk Issue Related Time Limited No-Action Letters

Date 28/09/2013

The Commodity Futures Trading Commission (CFTC) on Friday, September 27, 2013, approved the application of Nodal Exchange, LLC (Nodal), previously operating as an exempt commercial market (ECM), for designation as a contract market (DCM), effective September 30, 2013. Nodal is organized as a Delaware limited liability company and is a wholly owned subsidiary of Nodal Exchange Holdings, LLC.