News Centre

Statement Of CFTC Chairman J. Christopher Giancarlo On Proposed Rule Amendments To Certain Regulations Applicable To Registered Derivatives Clearing Organizations

Date 29/04/2019

Swaps clearing is among the most sweeping and significant of the swaps reforms adopted by the Dodd-Frank Act.  By any measure, the CFTC’s swaps clearing regime has been robust and highly successful.

FTSE Russell Launches US Municipal Bond Index

Date 29/04/2019

• New index designed to measure the US municipal tax-exempt, investment grade bond market, which is one of the largest bond markets in the world
• Represents an important addition to the growing global FTSE fixed income index family
• Leverages FTSE Russell’s long-standing relationship with Refinitiv, which will supply bond pricing for the index
• Incorporates extensive feedback from market participants on design and methodology
• Supported by a comprehensive suite of analytics calculated by The Yield Book and based off the widely used MMD curve

SIX Swiss Stock Exchange: Improving Execution

Date 29/04/2019

CFTC Commissioner Berkovitz Statement On Passing Of Bart Chilton

Date 29/04/2019

Commodity Futures Trading Commission (CFTC) Commissioner Dan Berkovitz issued the following statement on the passing of former Commissioner Bart Chilton:

“I am deeply saddened by the passing of former CFTC Commissioner Bart Chilton.   Bart was a fellow Hoosier, friend, and trusted colleague for many years.  I was honored to work with Bart during the critical years following the financial crisis and the Commission’s implementation of the Dodd-Frank Act.  Bart’s commitment to the “little guy” has made our financial markets healthier and safer for everyone.  We will miss his wit, wisdom, and friendship.”

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.