News Centre

SEC And NYU To Host Sept. 21 Forum On High-Frequency Trading And Liquidity Resiliency

Date 17/09/2018

The U.S. Securities and Exchange Commission's Division of Economic and Risk Analysis and Division of Trading and Markets are partnering with New York University's Salomon Center for the Study of Financial Institutions to bring together regulators, practitioners, and academics for a half-day symposium on Sept. 21 at the SEC headquarters in Washington, D.C. Panelists will discuss the impact of high-frequency trading and the resiliency of liquidity in securities markets.

United Kingdom Article IV Press Conference, IMF Managing Director’s Opening Remarks

Date 17/09/2018

Dear Chancellor, thank you very much for your kind introduction. Ladies and gentlemen, good morning. It’s always a pleasure to be in London. We are here for our annual review of the British economy, the Article IV consultation. Last time I met with you was in December 2017, so just about nine months ago. At that time, the 2017 cycle had been delayed by the election and taken about 18 months. So, I guess on average we are OK…

SEC: Mark Wolfe Named Associate Director In Office Of Derivatives Policy And Trading Practices

Date 17/09/2018

The Securities and Exchange Commission today announced that Mark E. Wolfe has been named Associate Director of the Office of Derivatives Policy and Trading Practices in the agency’s Division of Trading and Markets. 

CFTC Orders Introducing Broker And Principal To Pay A $300,000 Civil Monetary Penalty For Supervisory And Recordkeeping Failures

Date 17/09/2018

The Commodity Futures Trading Commission (CFTC) issued an Order filing and simultaneously settling charges against Global Access Advisors LLC d/b/a Daniels Trading (GAA), a Chicago-based Introducing Broker (IB), and its principal and registered Associated Person (AP), Glenn A. Swanson, for failure to diligently supervise employees’ handling of customer accounts subject to post-execution allocation.  GAA was also charged with failure to preserve complete records.

New Crypto Exchange IronX Awarded Regulatory Licence

Date 17/09/2018

IronX, the new Crypto Exchange joint venture between leading global online broker IronFX Group and EmurgoHK, creator of the Cardano Blockchain, today announces it has been awarded full regulatory licence approval by the Estonian Financial Intelligence Unit (FIU). This licence allows IronX to operate as a fully regulated exchange for the trading of cryptocurrencies, as part of their drive to set the industry standard and one of the first in Europe to seek and receive this level of approval.

Senasen: An Innovative Solution To A Long-standing Problem

Date 17/09/2018

Companies and asset managers are looking for more effective ways to interact directly with their investors under regulatory changes, such as MiFid II. With markets becoming more jittery, investors are also seeking more effective real time channels of engagement.

CFTC Charges Precious Metals Dealer And Its Owner With Fraud

Date 17/09/2018

The Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the U.S. District Court for the Southern District of New York against Defendants Royal Metals Group, LLC (RMG), and its member, manager and part owner, Chelsea Gless of Iowa.  The CFTC’s Complaint charges Defendants with defrauding retail clients in connection with precious metals transactions and fraudulently obtaining more than $600,000 from those clients.   

Launch Of The Public Register For The UK Money Markets Code

Date 17/09/2018

The Register lists institutions which have agreed to publicly displaying their signed Statement of Commitment to the UK Money Markets Code.

Turquoise Makes Euronext Growth Securities Available For Trading

Date 17/09/2018

• New channel of execution for Euronext Growth instruments
• Expands Turquoise’s broad universe of c. 4,500 stocks from 19 European countries to trading members
• Reflects increased investor demand for trading small and mid-cap securities

IMF: United Kingdom: Staff Concluding Statement Of The 2018 Article IV Mission

Date 17/09/2018

A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF's Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, or as part of other staff monitoring of economic developments.