News Centre

CFTC Charges Oklahoma Resident Kevin J. Davis With Acting As An Unregistered Commodity Pool Operator And Engaging In Prohibited Pool Operator Activities

Date 20/01/2016

The U.S. Commodity Futures Trading Commission (CFTC) today announced that on January 15, 2016, it filed a civil enforcement action in the U.S. District Court for the Western District of Oklahoma charging Kevin J. Davis of Ponca City, Oklahoma with acting as an unregistered commodity pool operator, failing to operate his commodity pool as a separate legal entity, accepting funds from pool participants in his own name, and commingling pool participants’ funds with his own. On the same date, Judge Vicki Miles-LaGrange entered a Temporary Restraining Order prohibiting Davis from acting in any capacity requiring registration with the CFTC, soliciting and accepting funds from others for trading commodity interests, and freezing Davis’ assets pending further order of the court.

World Economic Forum: Lifting Of Sanctions Offers Iran Potential For Growth Surge And Increased Investment

Date 20/01/2016

• With the lifting of sanctions on Iran under the nuclear deal agreed last year, the Iranian economy could grow by above 5% in 2016 and has the potential to average 8% over the next five years
• According to Iran’s foreign minister, the nuclear deal shows that diplomacy works and differences in the region can be settled peacefully, allowing Tehran and its neighbours to address the common challenge of extremism
• For more information about the Annual Meeting 2016, please visit www.weforum.org

CME Group Announces Record Eurodollar Options Volume

Date 20/01/2016

CME Group, the world's leading and most diverse derivatives marketplace, today announced it reached a trading volume record for Eurodollar options yesterday, January 19, of 4,279,584 contracts, surpassing the previous record of 3,493,675 set on June 24, 2013. Open interest in Eurodollar options also increased by 1.6 million to 30.76 million, up from 26.05 million at 2015 year end.

Thomson Reuters Partners With Startupbootcamp FinTech Singapore - Partnership To Bring Thomson Reuters Technology, Market Data Access And Mentoring To FinTech Startups Undergoing Startupbootcamp’s Accelerator Program In Singapore

Date 20/01/2016

Thomson Reuters announced today it has partnered with Startupbootcamp FinTech to bring technology and market data access to startups undergoing the Singapore accelerator program.

SGX Reports 2Q Performance With Net Profit Of $84 Million

Date 20/01/2016

2Q FY2016 Financial Summary

• Revenue: $195 million, unchanged from a year earlier
• Operating profit: $98 million, down 4%
• Net profit: $84 million, down 3%
• Earnings per share: 7.8 cents, down 3%
• Interim dividend per share: 5 cents1, up from 4 cents

MGEX Open Interest Climbs To 10th-Best Ever

Date 20/01/2016

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), reports its second-consecutive open interest record day following Tuesday’s activity, now seeing the number climb to 10th-best all-time at 80,748. 

LSEG: MTS BondsPro Launches European Denominated Corporate Bond Trading

Date 20/01/2016

• All-to-all trading platform offers liquidity on over 9,000 non-USD CUSIPS
• One global liquidity pool for both USD and non-USD corporate bonds
• Cooperative move with EuroTLX, a LSEG electronic fixed income MTF

EBA Consults On Draft Guidelines On Implicit Support For Securitisation Transactions

Date 20/01/2016

The European Banking Authority (EBA) launched today a public consultation on draftGuidelines on implicit support for securitisation transactions. The objective of the Guidelines is to provide clarity on what constitutes arm's length conditions and when a transaction is not structured to provide support for securitisations. The consultation runs until 20 April 2016.

EEX Acquires Majority Stake In PXE

Date 20/01/2016

The European Energy Exchange (EEX) and POWER EXCHANGE CENTRAL EUROPE (PXE) have signed an agreement in Prague today, by which the parties will enter into a closer cooperation. In doing so, EEX will become the new majority shareholder, acquiring 66.67 % of PXE shares. This transaction will be settled in cash from EEX own resources and is expected to be closed by the end of the first quarter 2016, subject to approval by the competent authorities.

Abacus Group Continues Fast Growth In 2015 - Industry Accolades And U.S Expansion Highlights Demand For Managed Cloud Services From Hedge Fund And Investment Communities

Date 20/01/2016

Abacus Group, a leading provider of hosted IT solutions for hedge funds and private equity funds, today announced fast growth of the company throughout 2015, including the expansion of its U.S. market footprint into key geographies, new strategic partnerships and several prominent industry awards.