News Centre

Federal Reserve Issues FOMC Statement

Date 27/04/2016

Information received since the Federal Open Market Committee met in March indicates that labor market conditions have improved further even as growth in economic activity appears to have slowed. Growth in household spending has moderated, although households' real income has risen at a solid rate and consumer sentiment remains high. Since the beginning of the year, the housing sector has improved further but business fixed investment and net exports have been soft. A range of recent indicators, including strong job gains, points to additional strengthening of the labor market. Inflation has continued to run below the Committee's 2 percent longer-run objective, partly reflecting earlier declines in energy prices and falling prices of non-energy imports. Market-based measures of inflation compensation remain low; survey-based measures of longer-term inflation expectations are little changed, on balance, in recent months.

United Kingdom Parliament Treasury Committee Update: Potential Effects Of Sterling Depreciation Following Vote To Leave EU

Date 27/04/2016

Rt Hon. Andrew Tyrie MP, Chairman of the Treasury Committee, publishes a letter from the Governor of the Bank of England, responding to a question from Rachel Reeves MP asking for the Bank's analysis of the potential effects of a sharp depreciation in sterling resulting from a vote to leave the European Union.

Deutsche Börse AG Posts Further Revenue And Profit Growth In Q1/2016 - Consolidated Net Revenue Rises 8 Per Cent - Costs Remain Stable (Excluding Non-Recurring And Consolidation Effects) - Adjusted EBIT Up 9 Per Cent, To Around €350 Million - Profit Forecasts For 2016 Affirmed

Date 27/04/2016

Office Of The Comptroller Of The Currency: Guidance For Banks' Maintenance Of Records, Records Retention, And Examiner Access

Date 27/04/2016

Summary

The Office of the Comptroller of the Currency (OCC) is issuing this bulletin to remind national banks and federal savings associations (collectively, banks) of their obligations related to the maintenance of records, records retention, and examiner access to records. The OCC has become aware of communications technology recently made available to banks that could prevent or impede OCC access to bank records through certain data deletion or encryption features. Use of communications technology in this manner is inconsistent with the OCC’s expectations regarding data retention and availability.

SEC Seeks Public Comment On Plan To Create A Consolidated Audit Trail

Date 27/04/2016

The Securities and Exchange Commission today voted to publish for public comment a proposed national market system (NMS) plan to create a single, comprehensive database that would enable regulators to efficiently track all trading activity in the U.S. equity and options market. The plan for the database, known as the consolidated audit trail (CAT), was submitted jointly by the self-regulatory organizations (SROs) as required by Rule 613 of Regulation NMS.

EEX Reaches Daily Volume Of More Than 50 TWh In Power Derivatives

Date 27/04/2016

Yesterday, EEX achieved a total volume of 54,742,532 MWh on its power derivatives market. This represents a new daily record, exceeding the previous high of 30.2 TWh that was achieved on 21 April 2016. In particular, new records in Phelix Futures (36.7 TWh), French Futures (8.5 TWh) and Italian Power (6.2 TWh) contributed to this.

ESMA Publishes Responses To The Consultation On MAR Guidelines

Date 27/04/2016

The European Securities and Markets Authority (ESMA) has published the responses received to the Consultation on draft guidelines on the Market Abuse Regulation (MAR).

Statement Of SEC Commissioner Michael S. Piwowar At Open Meeting Regarding The Consolidated Audit Trail NMS Plan

Date 27/04/2016

I am happy to support the publication of the NMS Plan filed pursuant to Rule 613 (the “Plan”), which would create, implement, and maintain a consolidated audit trail (“CAT”), as well as the related economic analysis.  I want to commend the Staff for your doggedness in pursuit of the CAT.  You have toiled over the proposal, the final rule, the selection plan, an exemptive request, and now the Plan itself.  At this phase of the process, members of the Division of Economic and Risk Analysis deserve the lion’s share of praise; their task was substantial, since an economic analysis was deferred until now.  But, as with any Commission action, Staff members in various divisions and offices have contributed to a strong recommendation.  Thanks to you all.

Broadridge Launches Global Solutions Partner Program

Date 27/04/2016

Broadridge Financial Solutions, Inc. (NYSE: BR) today announced that it has launched its new Solutions Partner Program. The Program is a global channel sales initiative that enables leading consulting, technology and servicing firms to offer expanded technology solutions that leverage the company’s suite of products and services as well as resell its solutions into select customer accounts. Broadridge has hired 20-year industry veteran Ira Newman to lead the Program. 

Statement Of SEC Chair Mary Jo White At An Open Meeting On A Notice Of The Consolidated Audit Trail National Market System Plan

Date 27/04/2016

Good morning.  This is an open meeting of the U.S. Securities and Exchange Commission on April 27, 2016, under the Government in the Sunshine Act.  The Commission today will be considering a major milestone forward in the creation of the consolidated audit trail (CAT), a critical initiative that will greatly advance the ability of regulators to oversee the modern, constantly evolving securities markets.  Specifically, the Commission will consider a staff recommendation to publish for public comment a proposed national market system plan submitted jointly by the self-regulatory organizations (SROs) to create, implement and maintain the consolidated audit trail.