Futures | Commodities | Forex

BOJ may ramp up fiscal policy actions

Bank of Japan policy makers are prepared to consider expanding an emergency-loan program for banks and increasing purchases of government debt should the recovery falter, people with knowledge of the matter said. “Should a rise in the yen threaten to damp corporate and consumer sentiment and exacerbate...

Establishment of the Chiang Mai Initiative Multilateralization

From Release: 1. The Finance Ministers and Central Bank Governors of the ASEAN Members States, China, Japan and Korea (ASEAN+3) and the Monetary Authority of Hong Kong, China, are pleased to announce the signing of the Chiang Mai Initiative Multilateralization (CMIM) Agreement following the conclusion on all...

CFTC no-action letter permits offer and sale of the mini-TOPIX futures contract

The CFTC issued a no-action letter permitting the offer and sale in the United States of the mini-TOPIX futures contract, TOPIX Core30 futures contract and TSE REIT index futures contract. Mini-TOPIX futures contract is one-tenth the size of TOPIX futures contract, and allows investors to have smaller...

FSA plans to set leverage limits on retail Forex

Japan’s Financial Services Agency is planning to set limits on how much foreign-exchange investors can buy on margin. The FSA unveiled a plan to curb speculative trading in two stages, in order to spread out and neutralize any market impact. The plan calls for the leverage cap to be set at 50 times the...

CFTC grants TFX member firms exemption from certain Part 30 regulations

Pursuant to Commission Regulation 30.10, CFTC grants certain exemptions to firms designated by the Tokyo Financial Exchange, Inc. (TFX) from the application of certain foreign futures and option regulations based upon substituted compliance with applicable Japanese law and TFX regulations. See the October...