On November 14th the CFTC Division of Market Oversight extended time-limited No-Action relief for Swap Execution Facilities (SEFs) from certain block trade requirements. Shortly after on November 20th, the Division issued No-Action Relief for SEF Chief Compliance Officer Annual Compliance Reports and SEF fourth Quarter Financial Reports timing requirements extension for up to 90 days. […]
US Commodity Futures Trading Commission (CFTC) Chairman J. Christopher Giancarlo and European Commission (EC) Vice-President Valdis Dombrovskis announced a common approach for the mutual recognition of EU and US derivatives trading venues. The two regulatory bodies have made a joint announcement to ensure that both US and EU swap market counterparts are able to comply with […]
The Commodity Futures Trading Commission (CFTC) released a no-action letter recently, offering relief to public utilities that were having trouble finding market participants willing to work with them for hedging purposes.
The Commodity Futures Trading Commission issued a no-action letter on Friday, stating that the Commission will be extending its overseas trading rules deadline, giving overseas traders more time to comply with the CFTC’s rules.
In a study done by the ISDA, Cross-Border Fragmentation of Global OTC Derivatives: An Empirical Analysis, it was found that the trade volume between Europe and the US in the OTC market dropped 77% in October
The CFTC has released a request for comment on around 70 questions regarding swaps-data reporting and how to use the data it collects from companies like Depository Trust & Clearing Corp. and CME Group Inc.
The Commodity Futures Trading Commission and the Federal Energy Regulatory Commission have released a “Memorandum of Understanding” (MOU) detailing their agreement to share market data between one another.
It was hoped that the swaps market reform would help promote trading between these two groups. But, even without this, the market will at least be more transparent.
Platform operators seem to think that this new CFTC EC SEF agreement may not do much at all to keep liquidity between Europe and US markets.
Under the European Parliament Economic and Monetary Affairs Committee’s revised European benchmark legislation, EU based institutions will be forbidden from holding any products linked to unauthorized benchmarks.
FinanceFeeds - The latest virtual currency business to be sanctioned is Everybody's Bitcoin Inc. The post Japanese authorities keep issuing business improvement orders against cryptocurrency firms appeared first on FinanceFeeds. […]
FinanceFeeds - We investigate in great detail how misleading and fantasy-filled advertisement is being allowed to prevail, and document the bizarre response of the broker concerned when approached. Facebook and Google create hardship for the good guys, yet those with a track record of shapeshifting continue The post The odious advertising continues. Best in Germany? My foot – FinanceFeeds investigation appeared first on FinanceFeeds. […]
FinanceFeeds - Nordea says 70% of its customers in Sweden who started to save through Nora have not previously saved with the bank. The post Nordea’s digital savings adviser Nora shows promising results appeared first on FinanceFeeds. […]
FinanceFeeds - If academics who studied the trading behavior of stock market participants in major financial centers and the tipping behavior of several million taxicab passengers consider sunny days to create optimistic and enthusiastic spending and trading, perhaps the retail FX brokerages could be on to a very cost effective retention and volume boosting method The post If professor David Hirshleifer is right, brokerage sales teams should call their clients on sunny days appeared first on FinanceFeeds. […]
FinanceFeeds - The webtool, which was introduced to the TWS platform several months ago, becomes more precise. The post Interactive Brokers enhances 3D Volatility Surface webtool appeared first on FinanceFeeds. […]
FinanceFeeds - Whereas April 1st is well behind us, cryptocurrency fraudsters continue to celebrate “Fool's day” over and over again. The post “Stabilizing the economy of 22 countries”- Top 5 claims of cryptocurrency scammers appeared first on FinanceFeeds. […]
FinanceFeeds - Traders get to access Monex news and information via Amazon's virtual assistant and innovative voice media Voicy. The post Monex is all about audio, as broker gets cozy with Voicy and Amazon’s Alexa appeared first on FinanceFeeds. […]
FinanceFeeds - Tallinex has failed to appear or otherwise defend, and the time allowed by law for answering has expired. The post CFTC secures default order against Tallinex as broker does not reply to complaint appeared first on FinanceFeeds. […]
FinanceFeeds - "What is going to drive your urgency? In my office, there are three things that drive urgency. The first is desire. People who want to achieve something then they have a massive desire so they will keep progressing" - Nigel Green, CEO, deVere Bank The post Urgency in the trading industry. Is it impatience or a key to success? deVere Bank CEO Nigel Green debates appeared first on FinanceFeeds. […]
FinanceFeeds - Although the Russian government said it formally supports the bill, it outlined numerous problematic aspects in the document that should be corrected before the second reading. The post Russian govt criticizes cryptocurrency bill appeared first on FinanceFeeds. […]
Press release about the Basel Committee urging full, timely and consistent implementation of Basel III post-crisis reforms (23 April 2018). Today the Basel Committee on Banking Supervision (BCBS) issued the Fourteenth progress report on adoption of the Basel regulatory framework. The report sets out the adoption status of Basel III standards for each BCBS member jurisdiction as of end-March 2018. It includes for the first time the finalised Basel III post-crisis reforms published by the Committee in December 2017. These recent reforms will take effect from 1 January 2022. […]
FSI press release, 16 April 2018 […]
On 3 April 2018, FIA submitted a letter (attachment below) to the Singapore Exchange in response to their proposed refinements to the SGX-DC Clearing Fund structure . The proposed amendments are...On March 20, FIA submitted a letter to the Commodity Futures Trading Commission responding to the CFTC's proposed interpretation of how its rules apply to retail trading in bitcoin and other...FIA recently published eight sets of contractual indirect clearing terms to help clearing firms document indirect clearing arrangements under MiFIR and EMIR. Developed by FIA with Clifford Chance... Washington, DC - FIA President and CEO Walt Lukken today made the following statement after the House Financial Services Committee passed H.R. 4659 to properly calibrate the capital charges...On 14 March, FIA submitted a response to the European Commission’s Fitness Check on Supervisory Reporting. The aim of this consultation is to assess whether supervisory reporting frameworks in... Chair: Nick Solinger, President, FIA Tech Speakers: Cameron Winklevoss, Co-Founder & President, Gemini Cameron Winklevoss, Co-Founder &...The launch of bitcoin futures has attracted the world’s attention in recent months. But the speed with which these products came to market has left an education gap as potential users look for... (RSS generated with FetchRss) […]
Press release about CPMI and IOSCO issuing guidance on supervisory stress testing of central counterparties (CCPs)", 10 April 2018. […]
Press release about CPMI and IOSCO issuing technical guidance on harmonisation of critical OTC derivatives data elements (other than UTI and UPI), 9 April 2018. […]
If putting all your financial information online and in one place sounds like a good idea, there are many companies—often called data aggregators—ready to help you organize your financial life. However, before you share your account information and other sensitive financial details with data aggregators, it pays to know how these services operate, and how to protect yourself from potential privacy and security risks. […]
Press release about BCBS publishing an outline of discussions at its meeting on 15-16 March 2018 in Basel and announcing it will publish summaries of each meeting in future (23 March 2018) […]
Press release about BCBS issuing "Revisions to the minimum capital requirements for market risk - consultative document" (22 March 2018) […]
Press release about new members joining the Committee on Payments and Market Infrastructures (19 March 2018) […]
Press release about announcing the "20th International Conference of Banking Supervisors to be held in the United Arab Emirates" (16 March 2018) […]
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