News Centre

Advisory Committee On Small & Emerging Companies Opening Remarks, SEC Commissioner Kara M. Stein, Feb. 25, 2016

Date 29/02/2016

Good morning. Welcome to both the continuing members, as well as the new members of the Advisory Committee on Small and Emerging Companies. I am looking forward to hearing from you regarding how we can better understand and address issues that affect small and emerging businesses. I would also like to thank the Office of Small Business Policy in the Division of Corporation Finance for organizing today’s meeting.

UK Prudential Regulation Authority And Financial Conduct Authority Statement On Compliance With The EBA Guidelines On Sound Remuneration Policies

Date 29/02/2016

The Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA) have notified the European Banking Authority (EBA) that the regulators will comply with all aspects of the EBA Guidelines on Sound Remuneration Policies, except for the provision that the limit on awarding variable remuneration to 100% of fixed remuneration, or 200% with shareholder approval (the bonus cap), must be applied to all firms subject to the Capital Requirements Directive (CRD).

The Benefits Of Exchange-Trading Investment Funds - A Guest Article From Julius Baer Covers The Trading Segment For Sponsored Funds At SIX Swiss Exchange

Date 29/02/2016

Sponsored Funds are investment funds that are traded like ETFs or Structured Products in a market making segment. In a guest contribution[PDF], the authors Beat Auerbach, Oliver Heusser, Thomas Kägi and Estelle Pool from Bank Julius Baer present the differences between the primary market and the secondary market. Furthermore, they describe the advantages of secondary trading in the context of a changing market environment and show the crucial role of market makers - i.e. Sponsors - in providing optimal trading conditions.

Growing UAE-China Trade Complements Dubai International Financial Centre Growth Strategy

Date 29/02/2016

• Chinese banks in DIFC have doubled their balance sheet in the last 18 months
• Representing 26% of total assets booked at DIFC, China’s top four state-owned banks have combined total assets of US$21.5 billion
• Dubai’s established framework for Islamic finance provides opportunities for Chinese firms

White Paper Supports Utility Of CBOE Eurekahedge Benchmarks For Volatility Hedge Funds - Categorizing Volatility-Based Strategies Seen Key To Effectively Analyzing Hedge Funds’ Performance

Date 29/02/2016

Chicago Board Options Exchange® (CBOE®) today announced the release of a white paper that analyzes the use of benchmarks, such as those utilized by the CBOE Eurekahedge Volatility Indexes, to measure the effectiveness of volatility-based hedge funds in diversified portfolios.

Borsa İstanbul And Tehran Stock Exchange Organized Iran-Turkey Capital Markets Forum In Tehran

Date 29/02/2016

The first Iran-Turkey Capital Markets Forum, aimed at increasing cooperation between Borsa İstanbul and Tehran Stock Exchange, was organized on February 29 in Tehran.

Statement Of FTC Chairwoman Edith Ramirez On EU-U.S. Privacy Shield Framework

Date 29/02/2016

Federal Trade Commission Chairwoman Edith Ramirez has issued the following statement regarding today’s release of the EU-U.S. Privacy Shield Framework in Brussels, Belgium. 

New OCC White Paper On Box Spreads: Exchange-Listed Options Strategies For Borrowing Or Lending Cash

Date 29/02/2016

A new white paper from OCC on Box Spreads is out.

Exegy Extends Reach Of Enterprise And Data Tone Services

Date 29/02/2016

Exegy Inc., a leading provider of managed services and low-latency technology for market data normalization and distribution, has announced today the availability of Edge Cache distribution appliances that extend the reach of its Data Tone service to remote data centers.  The introduction allows a single copy of a customized market data feed to be reliably delivered to a corporate or proximity data center and locally distributed to hundreds of applications.  These local applications retain the ability to subscribe to real-time data on a per instrument basis and to select from a rich set of normalized and enriched data views.  “Edge Cache appliances have become valuable tools in maximizing the total cost of ownership benefits of Exegy enterprise market data systems.  When real-time market data is required in a remote data center, we can eliminate the costs incurred by backhauling multiple copies of raw market data feeds and instantiating additional data normalization infrastructure,” says chief technology officer David Taylor. “By offering Edge Cache appliances as a part of our Data Tone service, we are able to deliver these same TCO benefits to a broader range of financial services firms by providing a lower cost entry point,” adds Taylor.

Chicago Business Barometer Down 8.0 Points To 47.6 In February

Date 29/02/2016

The Chicago Business Barometer recoiled 8.0 points to 47.6 in February following a sharp increase to 55.6 in the previous month, led by significant declines in Production and New Orde