News Centre

EBA Publishes Final Guidelines On Stress Tests For Deposit Guarantee Schemes

Date 24/05/2016

The European Banking Authority (EBA) published today its final Guidelines on stress tests for deposit guarantee schemes (DGSs). The Guidelines provide a systematic methodology for planning, running and reporting on stress tests conducted by DGSs to assess their resilience to various types of scenarios in times of banking stress.  In line with the Deposit Guarantee Schemes Directive (DGSD), these Guidelines will promote the quality and the consistency of these stress tests. The resulting data will also facilitate future peer reviews by the EBA, contributing to a safe and sound EU framework for the benefit of depositors and financial stability.

Statement Of CFTC Chairman Timothy Massad On The Cross-Border Application Of The Margin Requirements For Uncleared Swaps

Date 24/05/2016

I am pleased that today, the Commission has adopted a cross-border approach to our rule setting margin for uncleared swaps.

First Nordic Crowdfunded Campaign Now Listed On Stock Exchange, Becomes Fastest Crowdfunded Exit

Date 24/05/2016

Swedish company reconstruction firm FrontOffice Nordic AB, which raised almost €600,000 from crowdfunding investors on FundedByMe in February 2016, has been listed on the Nordic Growth Market (NGM) stock exchange. This announcement makes FrontOffice the first successfully crowdfunded company in Scandinavia – and one of the first in Europe - to be listed on a stock exchange.

CME Group To Present Scholarships To 77 Chicago Public School Seniors At The 31st Annual Mayoral Award Program Luncheon

Date 24/05/2016

Chicago Mayor Rahm Emanuel will join CME Group’s CEO Phupinder Gill in honoring 77 high-achieving Chicago Public School high school seniors. The students were selected based on essays they wrote about innovation, as well as their academic standing and extracurricular activities. Each student will receive a $1,000 achievement award and a select number of students also will receive summer internships at CME Group clearing firms.

The Egyptian Exchange (EGX) Monthly Statistical Report January 2016

Date 24/05/2016

Total number of listed companies on the main market amounted to 221 at the end of January 2016. Meanwhile, the number of listed companies on Nilex reached 30 at the end of the month.

No company was listed this month.

Statement By US Treasury Secretary Jacob J. Lew On The House Judiciary Committee Hearing To Impeach Internal Revenue Service Commissioner John Koskinen

Date 24/05/2016

“John Koskinen is an outstanding public servant of the highest integrity with decades of experience leading both public and private institutions. From the day he began his leadership of the IRS, John and his staff have cooperated with Congress.‎ And despite facing massive budget cuts, the IRS continues to carry out its mission of enforcing our nation's tax laws while striving to provide quality service to taxpayers. It is critical that John has the tools he needs to keep his focus on driving the important work the IRS conducts on behalf of the American people."

BGC Announces Offering Of Senior Notes

Date 24/05/2016

BGC Partners, Inc.  (NASDAQ: BGCP) ("BGC Partners," "BGC" or "the Company") today announced its intention to commence an offering, subject to market conditions and other factors, of senior unsecured notes.  The notes are to be offered and sold in a private offering exempt from the registration requirements under the Securities Act of 1933, as amended (the "Securities Act").

Following Strong First Quarter The Nasdaq Stock Market® Secures 18 New ETP Listings And Switches In April - First Trust, Blackrock, Global X And Amplify Select Nasdaq As Primary Venue For New ETF Listings

Date 24/05/2016

Nasdaq (Nasdaq:NDAQ), the single largest U.S. equity exchange by market share, announced six new exchange-traded product (ETP) listings and 12 switches in April, growing Nasdaq’s total ETP listings to 259. The 18 new ETP listings include 12 First Trust ETP and Index switches of the AlphaDEX family representing approximately $6 billion in assets under management. 

Intercontinental Exchange Promotes Mayur Kapani To Chief Technology Officer

Date 24/05/2016

Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced Mayur Kapani has been promoted to Chief Technology Officer (CTO) for the company.

Clearing House Evolution Adds to Challenges Facing Futures Commission Merchants: TABB Group Research

Date 24/05/2016

Dodd Frank, Basel II, Basel III, MIiFID II, and other regulations are all putting capital pressure on large global banks who are the backbone of thefutures markets. These regulatory shifts are opening the door for exchanges and clearinghouses to evolve business models, and leverage their capabilities into new service offerings.