News Centre

Dubai Financial Market Announces Its Board of Directors Meeting To Be Held On 21 July 2013

Date 16/07/2013

The Board of Directors' of the Dubai Financial Market PJSC will hold a Board of Directors meeting on Sunday 21 July 2013, at 2:00  PM  at  Borse Dubai  to discuss the financial performance of the company and approve the reviewed report and condensed consolidated interim financial information for the six month period ended 30 June 2013, and discuss the normal business activities and any business issues as anse.

London Stock Exchange Group To Expand CSD Services

Date 16/07/2013

• LSEG to establish CSD in Luxembourg
• Builds on the infrastructure, knowledge and expertise of Monte Titoli, LSEG’s existing CSD
• New CSD expected to be operational in H1 2014, subject to regulatory approval

ITG Introduces ITG Dynamic Implementation Shortfall Algorithm 2.0

Date 16/07/2013

ITG (NYSE: ITG), an independent execution and research broker, today announced the release of the new ITG Dynamic Implementation Shortfall Algorithm 2.0 (ITG DIS 2.0), a powerful tool for portfolio traders.  ITG DIS 2.0 builds on the success of the original Dynamic Implementation Shortfall Algorithm, which was created to execute portfolio trades in a coordinated, cost-effective manner.  ITG DIS 2.0 offers enhanced optimization capabilities that can handle even imbalanced and illiquid portfolio trades.  ITG DIS 2.0 incorporates intraday patterns in cost and risk to formulate its trading strategy and dynamically updates its strategy as conditions change over the execution horizon.

Treasury International Capital Data For May

Date 16/07/2013

The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for May 2013.  The next release, which will report on data for June 2013, is scheduled for August 15, 2013.

CME Group's Duffy To Appear Before U.S. Senate Committee On Agriculture

Date 16/07/2013

CME Group Executive Chairman and President Terry Duffy will appear before the U.S. Senate Committee on Agriculture, Nutrition & Forestry, Wednesday, July 17, regarding CFTC reauthorization.

R.J. O’Brien Further Expands Chicago Institutional Brokerage Operation

Date 16/07/2013

R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, announced that the firm has set the stage for further expansion of its Chicago institutional brokerage operation.  RJO exercised an option for more square footage on the floor that houses its institutional group, renovated and expanded the trading floor the firm established in 2010, and prepared space to attract new experienced teams of institutional brokers.

OpenGamma Adds Advanced Stress Testing Capabilities And Performance Improvements With Enhanced 2.0 Platform

Date 16/07/2013

OpenGamma, creators of the first open-source analytics and risk management platform for the financial services industry, today announced availability of the OpenGamma Platform 2.0. The enhanced platform offers advanced stress testing capabilities, performance improvements, and extended asset-class functionality across listed products and credit derivatives.

IOSCO Publishes Paper On Cyber-Crime, Systemic Risk And Global Securities Markets

Date 16/07/2013

The Research Department of the International Organization of Securities Commissions (IOSCO) today published a joint Staff Working Paper, with the World Federation of Exchanges (WFE), entitled Cyber-crime, securities markets and systemic risk.

Barclays Appoints Group Finance Director

Date 16/07/2013

Barclays announces that Tushar Morzaria will be appointed as Group Finance Director to succeed Chris Lucas in this role. Chris announced in February 2013 his intention to retire.

Proposed Amendments To The 2003 ISDA Credit Derivatives Definitions – Implementation Timing Proposal And List Of Key Changes

Date 16/07/2013

This note has been prepared by a working group under ISDA’s Credit Steering Committee to provide guidance on proposed timing for implementation ofa revised version of ISDA’s Credit Derivatives Definitions and a high level description of key areas where the working group anticipates proposing changes to those Definitions. This note does not constitute legal advice to any interested person from ISDA or the Credit Steering Committee. Further, neither ISDA nor the Credit Steering Committee undertake any duty of care, nor shall they otherwise be liable, to any interested person.