News Centre

DGCX 2012 Volumes Reach All-Time High Of 9.6 Million Contracts - 2012 Volumes Rise 137% From 2011 To Trade 9,601,553 Contracts - Currency Futures Volumes Reach 8,880,403 Contracts, Up By 149% - Gold Futures Rise 42% From Last Year To Touch 552,001 Contracts

Date 14/01/2013

2012 annual trading volumes on the Dubai Gold and Commodities Exchange (DGCX) registered a substantial growth of 137% from 2011 to reach 9,601,553 contracts.  The upsurge in 2012 volumes - the Exchange’s highest ever annual volumes since inception – was led by the substantial growth of Indian Rupee and Gold futures. Traded over a period of 256 trading days, the annual volumes represent a value of $ 372.83 billion.

40% Growth In Settlement Window Volumes On Dubai Mercantile Exchange In 2012

Date 14/01/2013

DME announced that average daily volumes ("ADV") in the settlement window on the Exchange grew by 40% in 2012 reaching 1407 compared with 1003 in 2011. November saw record levels of activity with a window AVD of 1,696 contracts and the Exchange's highest ever single day window volume on November, 15th at 2,545 contracts. Volumes of this level mean that, entering 2013, more than one and half times the national daily production of Oman is now consistently being traded in a five minute period on DME.

ADX Receives Korean Financial Delegation And Signs MoU With Korean Counterpart

Date 12/01/2013

Aiming at expanding means of economic cooperation between the UAE and South Korea, Abu Dhabi Securities Exchange (ADX) received today a high level Korean financial delegation headed by H.E.  Kim Jung-Hoon, Chairman of National Policy Committee, at the Korean National Assembly.  Mr. Hung-Hoon was accompanied by officials from the Korean Financial Services Commission (FSC), Korean Financial Supervisory Service (FSS), Korea Financial Cooperation (KOFC), Korea Financial Investment Association (KFIA, and Korea Stock Exchange (KRX).

Direct Edge Trading Notice #13-02: Update To Trading Notice #12-64

Date 11/01/2013

As announced in Direct Edge Trading Notice #12-64, Direct Edge identified a discrepancy between the EDGA Exchange (EDGA^®) order priority rule, EDGA Rule 11.8(a), and existing functionality that may occur with certain sell orders during a locked market.  This notice confirms that we have successfully tested and implemented system changes on EDGA to ensure orders are assigned priority precisely as set forth in EDGA Rule 11.8(a), effective for trading on January 14, 2013.

S&P Dow Jones Indices Announces Quarterly Index Reviews

Date 11/01/2013

S&P Dow Jones Indices Canadian Index Operations announces the following index changes as a result of the quarterly S&P/TSX Preferred Share Index and S&P/TSX Venture Select Index Reviews.  These changes will be effective at the open on Monday, January 21, 2013

CFTC Extends Public Comment Period On Rulemaking Enhancing Protections Afforded Customers And Customer Funds Held By Future Commission Merchants And Derivatives Clearing Organizations

Date 11/01/2013

The Commodity Futures Trading Commission (CFTC) published in the Federal Register on November 14, 2012 a notice of proposed rulemaking that would adopt new regulations and amend existing regulations to require enhanced customer protections, risk management programs, internal monitoring and controls, capital and liquidity standards, customer disclosures, and auditing and examination programs for futures commission merchants (FCMs). Additionally, the proposed customer protection rule addressed certain related issues concerning derivatives clearing organizations (DCOs) and chief compliance officers (CCOs). The comment period was set to close on January 14, 2013.

S&P Dow Jones Indices Announces Changes To The S&P/TSX Canadian Indices - A Deletion From The S&P/TSX Global Mining Index

Date 11/01/2013

S&P Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:

The shareholders of CGA Mining Limited (TSX:CGA) have agreed to the Merger Implementation Agreement with B2Gold Corp. (TSX:BTO). CGA Mining shareholders will receive 0.74 shares of B2Gold for each share held. It is anticipated that, pending the final Australian court approval of the transaction, the shares of CGA Mining will delist from TSX after the close on Friday, January 18, 2013. CGA Mining will be removed from the S&P/TSX Global Mining and Global Gold Indices effective after the close on that date. At the same time, the relative weight of B2Gold will increase in the S&P/TSX Global Mining and Global Gold, the S&P/TSX Composite and Capped Composite, the S&P/TSX Completion, the S&P/TSX SmallCap and the S&P/TSX Capped Materials Indices to reflect the issuance of new shares as part of the transaction. There will be no weight change for B2Gold in the S&P/TSX Composite Equal Weight, the S&P/TSX Composite High Beta or the S&P/TSX Equal Weight Global Gold Indices. 

BATS 1000 Index Rises 0.3% This Week

Date 11/01/2013

BATS Global Markets, a leading operator of securities markets in the U.S. and Europe, reports the BATS 1000® Index (Ticker: BATSK) gained 50.96 points, or 0.3%, this week to close at 16,582.09 as of the 4 p.m. ET market close today. 

CFTC Commitments Of Traders Reports Update

Date 11/01/2013

The current reports for the week of January 8, 2013 are now available.

ISDA/AFME/BBA Response To EBA's Draft Regulatory Technical Standards On Prudent Valuation Under Article 100 Of The Draft CRR Of Nov 2012

Date 11/01/2013

ISDA’s Risk Management Team works with members, regulators and policy makers to develop rules which ensure that appropriate, prudent and risk sensitive capital charges are applied uniformly to the various financial risks faced by the industry. The group continually seeks to define best practice in each area and assist all stakeholders in achieving this.