News Centre

FINRA: Statement Regarding New Rule To Enhance OTC Equities Transparency

Date 08/10/2015

Statement

The Financial Industry Regulatory Authority (FINRA) is pleased to announce the U.S. Securities and Exchange Commission's recent approval of FINRA's proposal to expand its transparency initiative for over-the-counter (OTC) equity securities. Under the newly approved rule, FINRA will supplement the alternative trading system (ATS) volume it currently publishes with all other equity volume executed over-the-counter by FINRA members.

Deutsche Börse: ADO Properties Will Replace DO Deutsche Office In SDAX - Extraordinary Adjustment To Be Effective As Of 13 October

Date 08/10/2015

Deutsche Börse AG has announced an extraordinary adjustment in SDAX: ADO Properties S.A. will replace the share of DO Deutsche Office AG. Due to the acquisition of DO Deutsche Office by alstria office REIT-AG, the free float of DO Deutsche Office changed again and dropped to 9.45 percent. With a free float below 10 percent, the company is ineligible for index inclusion, according to the rules in the Guide to the Equity Indices of Deutsche Börse. The change will become effective on Tuesday, 13 October 2015. 

Minutes Of The Federal Open Market Committee, September 16-17, 2015

Date 08/10/2015

The Federal Reserve Board and the Federal Open Market Committee on Thursday released the attached minutes of the Committee meeting held on September 16-17, 2015. A summary of economic projections made by Federal Reserve Board members and Reserve Bank presidents for the meeting is also included as an addendum to these minutes.

CME Group Announced Launch Of South American Short-Dated New Crop Soybeans Options

Date 08/10/2015

CME Group, the world's leading and most diverse derivatives marketplace, today announced the launch of Short-Dated New Crop options based on the May CBOT Soybean futures contract reflecting the South American harvest. These new contracts will expand the existing suite of Short-Dated New Crop options offered to customers and will be available for trading as of November 2, 2015, pending all relevant regulatory review periods.

FIA Releases SEF Tracker Report For August

Date 08/10/2015

This issue shows average daily volume through August 2015 for interest rate, credit default and foreign exchange products traded on swap execution facilities. In the latest month, trading volume averaged $371.77 billion per day, down from $396.18 billion in July but up from $284.56 billion in August 2014. On a year-over-year basis, most of the increase came in the interest rate sector; trading of foreign exchange products was roughly the same and credit trading was lower in August than a year ago. This issue also contains an updated spreadsheet with weekly data on the total notional volume traded on SEFs.

SEC: Wolverine Affiliates Charged With Failing To Maintain Policies To Prevent Misuse Of Material Nonpublic Information

Date 08/10/2015

The Securities and Exchange Commission today charged Wolverine Trading LLC and Wolverine Asset Management LLC with failing to maintain and enforce policies and procedures to prevent the misuse of material nonpublic information. 

London Stock Exchange Group: Proposed Sale Of Frank Russell Company's Asset Management Business

Date 08/10/2015

London Stock Exchange Group plc (“LSEG”) today announces that it has agreed the proposed sale of Frank Russell Company’s asset management business (“Russell Investments”) to TA Associates for gross proceeds of US$1,150 million (£752 million[1]) in cash, subject to customary closing adjustments and regulatory and other required approvals. Reverence Capital Partners (“Reverence Capital”), partnered with TA Associates and will make a significant minority investment in Russell Investments. This follows the announcement by LSEG on 5 February 2015 of its intention to sell this business in its entirety.

Thomson Reuters And IBM Collaborate To Deliver Watson Cognitive Computing Technology - Thomson Reuters To Deploy Watson Technology To Enhance Customer Solutions

Date 08/10/2015

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, and IBM (NYSE: IBM) today announced they have entered into an agreement to enhance customer solutions across Thomson Reuters using Watson.

Nodal Clear Board Approves Twelve Clearing Members For Nodal Exchange Market

Date 08/10/2015

Nodal Clear, LLC, the new clearing house subsidiary of Nodal Exchange, announced today that the Board has approved twelve clearing members of Nodal Clear for the Nodal Exchange market. Eleven of the twelve approved clearing members are futures commission merchant (FCM) clearing members able to clear for customer accounts.

Industry Agrees To Global Guidelines For Intraday Liquidity Reporting - Payments Market Practice Group Endorses The Use Of SWIFT Messages For Compliance With New Intraday Liquidity Reporting Requirements

Date 08/10/2015

SWIFT announces today that the Payments Market Practice Group has endorsed the use of its messages for intraday liquidity reporting as required by the Basel Committee on Banking Supervision (BCBS).  SWIFT’s messages for intraday liquidity reporting underpin a rulebook created by the Liquidity Implementation Task Force (LITF) to support compliance with BCBS requirements.  Following community-wide consultation, the PMPG has made the decision to endorse the LITF guidelines, helping to ensure broad industry adoption.