News Centre

FXPA Elects New Officers, Board Members - New Executive Committee, Board Members

Date 23/02/2017

The Foreign Exchange Professionals Association (FXPA) is pleased to announce the results of its elections, which took place last week, and resulted in a slate of new Board members, as well as four officers to serve on the FXPA’s Executive Committee (ExCom).

CME Group Interest Rate Contracts Shatter Records On Feb. 22

Date 23/02/2017

• Fed Fund futures volume reaches record 658,700 contracts traded
• Ultra 10-Year Treasury futures volume reaches record high of 315,730 contracts traded
• Treasury futures achieve open interest record of 10.5 million contracts, more than $1.2 trillion in notional value

EEX New Participant: Api Nòva Energia S.r.l.

Date 23/02/2017

Api Nòva Energia S.r.l. has been admitted to exchange trading for Belgian Financial Power Futures, Dutch Financial Power Futures, French Financial Power Futures/Options, German Intraday Cap Futures, Greek Financial Power Futures, Italian Financial Power Futures/Options, Nordic Financial Power Futures/Options, Phelix Futures/Options, Romanian Financial Power Futures, Spanish Financial Power Futures/Options, Swiss Financial Power Futures and UK Financial Power Futures.

Bats Welcomes Four New PowerShares Funds To The Bats ETF Marketplace - 27 Issuers, 155 Funds Now Listed On Bats In The U.S.

Date 23/02/2017

Bats Global Markets, Inc. (Bats: BATS), the #1 U.S. market for exchange-traded fund (ETF) trading, today welcomed a suite of four new PowerShares ETFs to the Bats ETF Marketplace.

EBA Paves The Way For Open And Secure Electronic Payments For Consumers Under The PSD2

Date 23/02/2017

The European Banking Authority (EBA) published today its final draft Regulatory Technical Standards (RTS) on strong customer authentication and common and secure communication. These RTS, which were mandated under the revised Payment Services Directive (PSD2) and developed in close cooperation with the European Central Bank (ECB), pave the way for an open and secure market in retail payments in the European Union.

SEC Staff Issues Guidance Update And Investor Bulletin On Robo-Advisers

Date 23/02/2017

The Securities and Exchange Commission today published information and guidance for investors and the financial services industry on the fast-growing use of robo-advisers, which are registered investment advisers that use computer algorithms to provide investment advisory services online with often limited human interaction. 

CQG Connects To Warsaw Stock Exchange For Futures Trading

Date 23/02/2017

• CQG, a global provider of high-performance trade routing, reliable market data, and advanced technical analysis tools, announced today that it will launch connectivity to the Warsaw Stock Exchange (GPW) for futures trading.
  
• Through the new connection, CQG customers will have access to the WIG20 contract as well as equity, FX, WIBOR, and T-bond futures contracts.

Office Of The Comptroller Of The Currency Bulletin: Minimum Variation Margin Requirements: Initial Examinations For Compliance With Final Rule Establishing Margin Requirements For Non-Cleared Swaps And Non-Cleared Security-Based Swaps

Date 23/02/2017

The Board Of The International Organization Of Securities Commissions - Statement On Variation Margin Implementation

Date 23/02/2017

The Board of the International Organization of Securities Commissions (IOSCO) acknowledges the challenges facing some market participants working to complete the necessary documentation and processes to be in full compliance with variation margin requirements, which are scheduled to take effect by 1 March 2017 in accordance with minimum standards established by IOSCO and the Basel Committee on Banking Supervision (BCBS) and implemented under domestic laws in various jurisdictions.  While reaffirming its commitment to implementation of the margin requirements by 1 March 2017, the Board believes that relevant IOSCO members, to the extent permitted by their relevant legal and supervisory frameworks, also should consider taking appropriate measures available to them to ensure fair and orderly markets during the introduction and application of such variation margin requirements.  

US Agencies Release Swap Margin Guidance

Date 23/02/2017

The Federal Reserve Board and the Office of the Comptroller of the Currency (OCC) on Thursday issued guidance explaining how supervisors should examine for compliance with the swap margin rule, which established margin requirements for swaps not cleared through a clearinghouse.