News Centre

CFTC’s Market Risk Advisory Committee Announces Agenda For June 27 Public Meeting

Date 16/06/2016

The U.S. Commodity Futures Trading Commission (CFTC) today announced the agenda for the upcoming Market Risk Advisory Committee (MRAC) public meeting that will be held on June 27, 2016 at CFTC’s headquarters in Washington, D.C. [See CFTC Press Release 7386-16 for attending, viewing and listening instructions.]

ESM Board f Governors Approves 2015 Annual Report

Date 16/06/2016

The Board of Governors of the European Stability Mechanism (ESM) held its fourth Annual Meeting today at the ESM’s offices in Luxembourg and approved the ESM Annual Report for 2015. The Board of Governors comprises the 19 euro area finance ministers. They discussed the development of the ESM and its key activities over the past year.

Moscow Exchange: Final Settlement Prices Determined For Commodity Futures Contracts

Date 16/06/2016

On 16 June 2016, final settlement prices were determined for the following commodity futures contracts:

Quayle Munro Advises 4sight Financial Software On Its Sale To Broadridge

Date 16/06/2016

Quayle Munro is pleased to announce that it has advised the shareholders of 4sight Financial Software Ltd (“4sight”), a leading independent software solutions provider based in Scotland, on its sale to Broadridge Financial Solutions, Inc. (NYSE: BR; “Broadridge”).

European Regulation’s Delegated Acts Will Intensify Inspection Of Research And Execution Costs Says TABB Group - New Research Finds As MiFID Ii Takes Hold, Buy-Side Firms’ Focus Extends Beyond Payments For Research To Execution Performance

Date 16/06/2016

Though industry participants breathed a collective sigh of relief following publication of the Delegated Acts by the European Commission in April 2016, TABB Group expects this relief may be short-lived. Intended to improve market transparency and integrity, the regulation will ultimately lead to the demise of the bundled service model. TABB’s latest equities research, “Unbundling: Opening Pandora’s Box,” reviews the far-reaching consequences unbundling will have not only for the payment of research, but for European capital markets overall.

S&P Dow Jones Indices Index Dashboard: Risk & Volatility June 16, 2016

Date 16/06/2016

Download this month's dashboard

UK's Financial Conduct Authority Charge Five In Alleged Investment Fraud

Date 16/06/2016

Following an investigation by the Financial Conduct Authority Michael Nascimento (DOB: 28/06/1977); Hugh Edwards (DOB: 13/07/1982); Stuart Rea (DOB: 12/02/1968); Ryan Parker (previously known as Ryan Sell DOB 26/11/1992) and Jeannine Lewis (DOB: 15/09/1967), all of whom live in London and the South East, appeared today before Southwark Crown Court charged with conspiracy to defraud, together with offences under the Financial Services and Markets Act 2000 and the Fraud Act 2006. Two of the five are also charged with perverting the course of justice contrary to the common law and one has been charged with money laundering offences contrary to the Proceeds of Crime Act 2002.

Singaporean And Australian Regulators Sign Agreement To Support Innovative Businesses

Date 16/06/2016

The Monetary Authority of Singapore (MAS) and ASIC today signed an Innovation Functions Co-operation Agreement which aims to help innovative businesses in Singapore and Australia in their foray to the respective markets.

Swiss National Bank: Monetary Policy Assessment Of 16 June 2016 - Monetary Policy Remains Expansionary

Date 16/06/2016

The Swiss National Bank (SNB) is maintaining its expansionary monetary policy. Interest on sight deposits at the SNB is to remain at –0.75% and the target range for the three-month Libor is unchanged at between –1.25% and –0.25%. At the same time, the SNB will remain active in the foreign exchange market, as necessary. The negative interest rate and the SNB’s willingness to intervene in the foreign exchange market are intended to make Swiss franc investments less attractive, thereby easing pressure on the currency. The Swiss franc is still significantly overvalued. The SNB’s expansionary monetary policy is aimed at stabilising price developments and supporting economic activity.

Bank Of England Maintains Bank Rate At 0.5% And The Size Of The Asset Purchase Programme At £375 Billion

Date 16/06/2016

Monetary policy summary

Available as: PDF

The Bank of England’s Monetary Policy Committee (MPC) sets monetary policy to meet the 2% inflation target and in a way that helps to sustain growth and employment.  At its meeting ending on 15 June 2016 the MPC voted unanimously to maintain Bank Rate at 0.5%.  The Committee also voted unanimously to maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion.