News Centre

Hong Kong’s Securities And Futures Commission Reprimands And Fines Interactive Brokers Hong Kong Limited $4.5 Million For Failures Concerning Its Electronic And Algorithmic Trading Systems

Date 14/02/2018

The Securities and Futures Commission (SFC) has reprimanded and fined Interactive Brokers Hong Kong Limited (IBHK) $4.5 million after resolving concerns over IBHK’s breaches of the Code of Conduct in its execution of market orders using electronic and algorithmic trading systems.

Opening Statement Of CFTC Chairman J. Christopher Giancarlo Before The Technology Advisory Committee Meeting

Date 14/02/2018

Thank you, Commissioner Quintenz. I want to thank all of the participants. Good morning.

I know that some of you are here because of interest in the topic of virtual currencies. But, we will also examine the impact and implications of other uses of technology in financial markets and trade, including blockchain and distributed leger technology, data analytics, artificial intelligence, automated trading technologies, cybersecurity, and so much more.

Intercontinental Exchange And Magellan Midstream Successfully Launch Auction For Short Term Crude Storage Capacity At Magellan East Houston Terminal

Date 14/02/2018

Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, and Magellan Midstream Partners, L.P. (NYSE: MMP) announced the launch of a new auction for a portion of multi-month Permian WTI storage capacity at the Magellan East Houston Terminal. Recently, a total of 1.5 million barrels of Permian WTI storage at the Magellan East Houston Terminal were leased on the ICE trading platform, with an average of 400,000 barrels leased per month. The auctions are designed to help bring additional transparency and efficiencies to the storage and transportation of crude oil in the U.S. Gulf Coast.

Opening Statement Of CFTC Commissioner Brian Quintenz Before The Technology Advisory Committee

Date 14/02/2018

Good morning and welcome to the first 2018 meeting of the Technology Advisory Committee (TAC or Committee). I want to take a moment to thank you all very much for taking the time to be here today, particularly those of you traveling from across the country. I would also like to thank Dan Gorfine, the Acting Chair of the Committee and the Director of LabCFTC, as well as Jorge Herrada, for their hard work in planning this meeting and putting together such a robust agenda for our discussion.

BME And NUANCE Sign An Agreement To Make Voice Biometrics Contract Signing Secure

Date 14/02/2018

BME Inntech, BME's technology subsidiary, and Nuance Communications have reached a strategic agreement to apply its voice biometrics authentication technology to the signing of contracts and client incorporation processes.

Opening Statement Of CFTC Commissioner Rostin Behnam Before The Technology Advisory Committee Meeting

Date 14/02/2018

I’d like to begin by wishing Commissioner Quintenz a Happy Valentine’s Day; and equally important, thanking him for convening today’s meeting, and for his sponsorship and leadership of the Technology Advisory Committee (TAC).

Thomson Reuters Builds Out Its Award-Winning Connected Risk Platform With Risk Management Solution Providing A Personalized Enterprise-Wide View Of Risk - Manages Disruption And Embraces Risk Through A Flexible Risk Management Solution Configured To A Firm’s Specific Methodology And Business Strategy

Date 14/02/2018

Demonstrating its commitment to deliver a comprehensive suite of next-generation integrated risk solutions to assist the global financial and corporate communities, Thomson Reuters has further expanded its Connected Risk platform to include a commercialized Risk Management (RM) solution to help new customers develop more holistic, effective risk management programs aligned with their risk methodology and business strategy.  

Tehran Stock Exchange Weekly Market Review  From 10 February 2018 to 14 February 2018

Date 14/02/2018

Click here to download Tehran Stock Exchange's weekly market review.

Ossiam Launches Smart Beta Fixed-Income ETF Tracking Solactive Moody’s Analytics IG EUR Select Credit Index

Date 14/02/2018

Ossiam, a leading smart beta investment management firm and affiliate of Natixis Investment Managers, has listed the Ossiam Solactive Moody’s Analytics IG EUR Select Credit ETF (MOOC FP) on Euronext Paris. The new smart beta fixed-income ETF replicates  the Solactive Moody’s Analytics IG EUR Select Credit Index (SOLMASCR), which differentiates itself from traditional credit benchmarks in seeking to maximise the total return of a liquid and diversified selection of EUR-denominated investment grade corporate bonds, while maintaining a low credit risk profile.

Canadian Securities Exchange Unveils Canada’s First Platform For Clearing And Settling Securities Through Blockchain Technology ̶ Signs MOU For First Security Token Offering

Date 14/02/2018

The Canadian Securities Exchange (“CSE” or “the Exchange”) is pleased to announce that it is introducing an innovative securities clearing and settlement platform that harnesses the unique features of blockchain technology. The platform will enable companies to issue conventional equity and debt through tokenized securities, which would be offered to investors through Security Token Offerings (“STOs”). Unlike blockchain-based cryptocurrencies, the STOs will be subject to full regulation by applicable securities commissions. The platform is expected to provide major benefits to investors and the Canadian financial services community, including real-time clearing and settlement and substantial cost and error reductions compared to conventional clearing services. The CSE intends to file an application to seek approval from Canadian regulators to recognize the new clearing house, which it will operate.