News Centre

OCC Names New CFO, Treasurer, And Chief Compliance Officer - Donohue Says Appointments Of Shelly, Pribel And Adamczyk Will Help Address Evolving Needs Of OCC

Date 02/12/2016

OCC, the world's largest equity derivatives clearing organization, today announced three additions to its senior management team.

Federal Reserve Governor Daniel K. Tarullo At The Federal Reserve Bank Of Cleveland And Office Of Financial Research 2016 Financial Stability Conference, Washington, D.C., December 2, 2016, Financial Regulation Since The Crisis

Date 02/12/2016

Last summer, when I accepted President Loretta Mester's invitation to speak at this conference, I thought it would be a good occasion to step back and assess where we stand in our post-crisis efforts to promote financial stability in the United States. This morning I will offer such an assessment. I will begin by reviewing what has been accomplished. Then I will suggest how to approach the work that remains--including both tackling continuing vulnerabilities to financial stability and rationalizing the measures that have already been taken.

SEC: United Settles Charges In Case Of Flight Route To Benefit Public Official

Date 02/12/2016

The Securities and Exchange Commission today announced that the parent company of United Airlines has agreed to pay $2.4 million to settle charges in a case where shareholders wound up footing the bill so a public official could get more convenient flights.

Borsa İstanbul And Dubai Multi Commodities Center (DMCC) To Cooperate

Date 02/12/2016

• As a further step of the Memorandum of Understanding (MoU) previously signed between DMCC (Dubai Multi Commodities Center) and Borsa İstanbul, the parties decided that spot and futures trading and settlement of gold and other precious metals on a single platform will be initiated.
• It was confirmed that, at the first stage, the parties will cooperate in order to create delivery centers in Istanbul and Dubai.

Statement Of CFTC Commissioner J. Christopher Giancarlo On Proposed Rule For Capital Requirements Of Swap Dealers And Major Swap Participants

Date 02/12/2016

For some time now, I have been asking whether the amount of capital which regulators have caused financial institutions to take out of trading markets is at all calibrated to the amount of capital which is needed to be kept in global markets to support the health and durability of the global financial system. I have called on the Financial Stability Oversight Council and domestic and foreign financial regulators to conduct a thorough analysis in this regard. Those calls have been largely ignored. So, I hope that commenters to this capital proposal can help provide some insight into my question.

TOM MTF Statistics Week 48, 2016

Date 02/12/2016

Click here to download the weekly statistics update of TOM MTF for week 48, 2016.

EPEX SPOT Power Trading Results Of November 2016

Date 02/12/2016

In November 2016, a total volume of 41,4 TWh was traded on EPEX SPOT’s Day-Ahead and Intraday power markets (November 2015: 51,3 TWh).

Statement Of CFTC Chairman Timothy Massad On The Proposed Rule Setting Capital Requirements For Swap Dealers And Major Swap Participants

Date 02/12/2016

I support the proposed rulemaking the Commission unanimously approved today.

Capital requirements for swap dealers are among the most important reforms of the over-the-counter swap market agreed to by the leaders of the G20 nations in 2009. They complement margin requirements for uncleared swaps, which the Commission finalized earlier this year. While margin is the front line defense against a default, adequate capital is critical to the ability of swap dealers to absorb losses.

One Car, Two Car, Red Car, Blue Car - Speech By Andy Haldane, Andrew G Haldane, Chief Economist, Bank Of England

Date 02/12/2016

On a regional visit to Redcar, Andy discusses what monetary policy can and cannot do to support the economy, nationally and regionally. He also touches on what role other policies can play in supporting growth, in particular when it comes to boosting skills, innovation and productivity in the north-east and across the UK.

CFTC Unanimously Approves Proposed Rules Establishing Swap Dealer And Major Swap Participant Capital Requirements

Date 02/12/2016

The U.S. Commodity Futures Trading Commission (CFTC) today unanimously approved proposed rules establishing swap dealer (SDs) and major swap participant (MSPs) minimum capital requirements. As required by the Dodd Frank Wall Street Reform and Consumer Protection Act, the rules propose minimum levels of qualifying capital for SDs and MSPs that are not subject to the capital rules of a prudential regulator.