News Centre

Banca IMI Joins LCH’s CDSClear As First Italian Clearing Member

Date 29/04/2019

• The investment bank of Intesa Sanpaolo Group live clearing CDS at LCH SA
• Latest milestone builds on CDSClear’s continued growth in Europe, with record volumes processed at CDSClear in 2018
• CDSClear provides the largest product offering of any credit derivatives clearing service

Moscow Exchange: New Rules Of Operation On The Grain Market And Provision In Financial Statements

Date 29/04/2019

Tomorrow, on 30 April 2019, the Exchange Council of NAMEX (part of Moscow Exchange Group) will gather to discuss on-exchange grain market operations.

Q1/2019: Solid Start Of The Year For Deutsche Börse Group

Date 29/04/2019

• Net revenue up 4 per cent in Q1/2019, to €721 million.
• Adjusted consolidated net profit for the period up 8 per cent year-on-year in Q1/2019.
• Adjusted earnings per share up 10 per cent, to €1.59 for Q1/2019.

CFTC: Federal Court Orders Binary Options Firm And Principal To Pay More Than $22 Million For Fraudulent Scheme - Court Also Enters Default Judgment Against CIT Investments LLC (Nevada), Brevspand EOOD (Bulgaria), And CIT Investments Ltd. (Anguilla) For Fraud In Connection With Binary Options

Date 29/04/2019

The Commodity Futures Trading Commission (CFTC) today announced that Judge Timothy Corrigan of the U.S. District Court for the Middle District of Florida entered a Consent Order for Permanent Injunction, Civil Monetary Penalty, and Other Equitable Relief (Order) against Dr. Michael Shah and Zilmil, Inc. (Zilmil) (collectively, defendants) of Jacksonville, Florida, who engaged in a large-scale internet fraud scheme from at least June 2013 through July 10, 2017 (the Relevant Period) involving off-exchange binary options.

UAE's Financial Markets Advisory Council Discusses Enhancing And Promoting The Role Of Market Makers In The Presence Of Representatives From UAE's Securities And Commodities Authority, The Markets, And Financial Services Companies

Date 29/04/2019

Dr. Obaid Al Zaabi: 

• The Meeting Reviewed A Road Map For Launching Derivatives As A New Financial Product In UAE-Based Capital Markets And The Amendments Proposed To The Corporate Governance Decision And The Integrated Financial Services Companies Initiative 

Finansinspektionen’s Comments Following Publication In The Media Of Extracts From Verification Letters

Date 29/04/2019

FI sends verification letters at an early stage of its investigation process, and the aim of this letter is to verify the facts of the case. Verification letters may at times also include preliminary assessments, but these assessments assume that the information FI received is correct and has been understood correctly. 

Amman Stock Exchange: Dr. Ashraf Al Edwan Is The Vice Chairman

Date 29/04/2019

The Board of Directors of the Amman Stock Exchange (ASE) has elected in its meeting held on Sunday, April 28, 2019, Dr. Ashraf Al Edwan as Vice Chairman of the Board.

CFTC Proposes To Amend Derivatives Clearing Organization Regulations

Date 29/04/2019

The Commodity Futures Trading Commission (CFTC) today approved a proposed rule to amend certain regulations that apply to derivatives clearing organizations (DCOs) under Part 39 of the CFTC’s regulations. Part 39 implements the statutory core principles for DCOs.

Dubai Financial Services Authority Invites Applications For Its 2019 Regulatory Sandbox “Summer Cohort”

Date 29/04/2019

The Dubai Financial Services Authority (DFSA) invites applications from local and international firms to apply to join the 2019 Summer Cohort. Successful Cohort applicants will then be able to apply to enter the DFSA regulatory sandbox, known as the Innovation Testing Licence Programme (ITL Programme).

CFTC Chairman Giancarlo Statement On Passing Of Bart Chilton

Date 29/04/2019

Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo issued the following statement on the passing of former Commissioner Bart Chilton:

“All of us here at the CFTC are deeply saddened to hear of the passing of former Commissioner Bart Chilton. With his trademark flair and enthusiasm, Bart was an unceasing advocate for America’s farmers and ranchers, acting as their voice in Washington. In the aftermath of the financial crisis, Bart used his signature style of humor to draw attention to pressing issues for the agency and the markets at large, with the intent of protecting retail investors. With his passing, the commodities world has certainly lost a bit of its sparkle.”