News Centre

Office Of Financial Research Update - "Taking Stock Of Financial Resilience: What Have We Learned And What Are The Challenges?"

Date 01/02/2016

The OFR and the Financial Stability Oversight Council are cosponsoring their fifth annual conference on Feb. 5, 2016, titled, "Taking Stock of Financial Resilience: What Have We Learned and What are the Challenges?" Four panels of academics and officials will discuss “Orderly Resolution Around the World,” “Stress Tests Beyond Banks,” “Central Clearing for Repos in the United States,” and “How Can Regulators Monitor and Adapt to Changing Market Structure?”

New York Attorney General Eric T. Schneiderman Announces Landmark Resolutions With Barclays And Credit Suisse For Fraudulent Operation Of Dark Pools - Combined Penalties And Disgorgement To State Of New York And SEC Of Over $154 Million

Date 01/02/2016

• Barclays To Pay Total Penalty Of $70 Million – Largest Penalty Ever Levied On A Dark Pool Operator; Admits To Core Facts In The Attorney General’s Lawsuit; Admits To Violating Securities Laws; Agrees To Install Independent Monitor To Oversee Reforms To Its Electronic Trading Business
• Credit Suisse Settlement Resolves Investigation Concerning Misrepresentations And Omissions About Its Dark Pool And Order Routing Services; Credit Suisse To Pay Combined Penalty Of $60 Million
• Schneiderman: We Will Continue To Take The Fight To Those Who Aim To Rig The System And Those Who Look The Other Way

SIFMA And The SIFMA Foundation Kick-Off The 13th Annual Stock Market Game™-Capitol Hill Challenge - Students In Schools Across The U.S. Participate In SIFMA Foundation Competition That Fosters Financial Capability And Exposes Students To Fiscal Policymaking

Date 01/02/2016

SIFMA and the SIFMA Foundation today kicked-off the 13th annual Stock Market Game™-Capitol Hill Challenge (CHC). This national 14-week financial education competition organizes teams of middle and high school students by congressional and senatorial district and teaches them about saving, investing, and government.

ISE Mercury To Launch On February 16, 2016 - SEC Approves ISE's Form 1 Application For Third Options Exchange

Date 01/02/2016

The International Securities Exchange Holdings, Inc.(ISE Holdings) today announced that the Securities and Exchange Commission (SEC) has approved its Form 1 application for ISE MercuryTM, ISE Holdings’ third options exchange. On February 16, 2016, ISE Mercury will begin trading with a small number of symbols and expects to quickly roll out listings in its first few weeks of operation.  

ESMA Vacancy Notice - Seconded National Expert – Supervisor Of Credit Rating Agencies And Trade Repositories (Deadline: 21/02/16)

Date 01/02/2016

ESMA is looking for a Seconded National Expert - Supervisor of CRA and TR (REF.: ESMA/2016/VAC4/SNE)

ISE Holdings Reports Business Activity For January 2016

Date 01/02/2016

• ISE and ISE Gemini combined to represent 17.4% of equity options market share, excluding dividend trades.
• ISE and ISE Gemini reported a combined ADV of 3.0 million contracts.
• Dividend trades made up 0.1% of industry volume in January 2016.

ESMA Comments On The IASB’s Exposure Draft

Date 01/02/2016

Today the European Securities and Markets Authority (ESMA) published its comment letters to the IASB and to EFRAG on the IASB’s Exposure Draft Applying IFRS 9 Financial Instrumentswith IFRS 4 Insurance Contracts. 

Time For A new Lamfalussy Moment - Speech By Benoît Cœuré, Member Of The Executive Board Of The ECB, At The Professor Lamfalussy Commemorative Conference, Budapest, 1 February 2016

Date 01/02/2016

Dear Governor Matolcsy,

Ladies and Gentlemen, 

Almost to the day 15 years ago, on 15 February 2001, Alexandre Lamfalussy and his Committee of Wise Men submitted their Final Report on the Regulation of European Securities Markets to the Commission. [2] To deepen integration in the Union’s financial markets, they proposed to distinguish between the political choices and the more technical measures in the area of financial legislation; the former would be made by the legislators themselves, while the latter would be left to technical bodies. The intention was to significantly streamline the legislative process in order to ensure that the Union’s legal framework for financial services was keeping up with the rapidly changing realities on the ground. The offspring of the Lamfalussy Report is today’s European System of Financial Supervision, comprising the EBA, ESMA, EIOPA and ESRB.

Open Interest Streak Highlights Month For MGEX

Date 01/02/2016

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), has concluded the month of January with a total volume of 155,833, marking four-straight months of volume greater than 150,000.  

ESMA Issues Technical Standards On Settlement Discipline Under CSDR

Date 01/02/2016

The European Securities and Markets Authority (ESMA) has published today draft regulatory technical standards (RTS) on settlement discipline which ESMA has to deliver for the implementation of the Central Securities Depository Regulation (CSDR).