News Centre

CFTC Chairman J. Christopher Giancarlo Response To Bollettino

Date 21/07/2018

Congregation for the Doctrine of the Faith
Dicastery for Promoting Integral Human Development
Vatican City, Holy See
Attention: Secretary

Oeconomicae et Pecuniariae Quaestiones:
Considerations for an Ethical Discernment
Regarding Some Aspects
of the Present Economic Financial System

Your Eminences,

The Congregation for the Doctrine of the Faith recently published the above-referenced Bollettino on economic and financial issues. Building on the premise that “no area of human action” is outside ethical principles, the document lays out ethical foundations to govern economic and financial systems, including in the usage of derivatives (paragraph 26). We thank you for such a thought-provoking reflection.

Whistleblower Protection Law Firm Challenges SEC’s Proposed Rule Amendments - Legal Experts Take Action After SEC Releases Plans To Cap Whistleblower Rewards

Date 21/07/2018

The Washington, D.C. based whistleblower protection law firm, Kohn, Kohn & Colapinto (KKC), filed a 27-page letter with the Securities and Exchange Commission (SEC) today commenting on the amendments proposed by the SEC to alter its Whistleblower Program. KKC filed the letter as a public comment to the SEC to highlight serious flaws in the proposed amendments that will result in major setbacks to the advancements made in the use of whistleblower incentives to uncover major corporate fraud in the past few decades.

CFTC Commitments Of Traders Reports Update

Date 20/07/2018

The current reports for the week of July 20, 2018 are now available.

See previous weeks in Historical Commitments of Traders Reports.

SIX Bonds Quarterly Statistics: 2nd Quarter 2018

Date 20/07/2018

Nigerian Stock Exchange Weekly Stock Market Report For July 20th 2018

Date 20/07/2018

A total turnover of 1.665 billion shares worth N14.834 billion in 18,795 deals were traded this week by investors on the floor of the Exchange in contrast to a total of 1.219 billion shares valued at N17.333 billion that exchanged hands last week in 17,362 deals.

MOEX Aligns Equity Market Tick Size Regime With MiFID II Requirements

Date 20/07/2018

To increase the effectiveness of the equity market microstructure Moscow Exchange has aligned its tick size regime with MiFID II. MOEX will apply the new tick size regime and Decimals parameter from 1 August 2018 in the following trading modes:

• Main trading mode Т+ ("Т+2" order book)
• Odd lots trading mode
• Dark pool trading mode
• Equities D — Main trading mode Т+
• Negotiated trading mode(NTM)
• Equities D (NTM) trading mode
• NTM with CCP trading mode

Deutsche Bank To Pay Nearly $75 Million For Improper Handling Of ADRs

Date 20/07/2018

The Securities and Exchange Commission today announced that two U.S.-based subsidiaries of Deutsche Bank AG will pay nearly $75 million to settle charges of improper handling of “pre-released” American Depositary Receipts (ADRs).

United Kingdom Parliament Treasury Committee Update: Government Should Publish Latest Information On Consequences Of ‘No Deal’ Brexit

Date 20/07/2018

The Chair of the Treasury Committee has written to the Chancellor of the Exchequer, Rt Hon. Philip Hammond MP.

European Council - Council Of The European Union: General Affairs Council (Art. 50), 20/07/2018 - Brexit

Date 20/07/2018

Main results

The Council, in EU27 format, was briefed by the EU's chief Brexit negotiator Michel Barnier on the state of play in the Brexit negotiations. The chief negotiator informed the ministers about where the negotiations stand regarding:

• the work to finalise the withdrawal agreement, including the backstop solution for the border between Ireland and Northern Ireland

• the discussions on future EU-UK relations.

OFR Futures Volume Surpasses 100K - Investors Show Strong Demand For New CME Group Product

Date 20/07/2018

CME Group, the world's leading and most diverse derivatives marketplace, today announced that total volume for its new Secured Overnight Financing Rate (SOFR) futures contract, launched on May 7, 2018, reached more than 100,000 contracts for the first time on July 19, 2018. Open interest also surpassed 20,000 contracts.