On Aug. 26, the Commodity Futures Trading Commission formally registered ICE Futures Canada and Montreal Exchange as foreign boards of trade, which allows the exchanges to offer direct access to U.S. members.
CONTINUE READINGIn August the Commodity Futures Trading Commission issued an exemption to Australia’s ASX Clear from registering as a derivatives clearing organization.
CONTINUE READINGThe Commodity Futures Trading Commission in February agreed to allow Korean brokers to offer derivatives directly to U.S. investors without registering as futures commission merchants.
CONTINUE READINGOn May 3, the Committee on Payments and Market Infrastructures and the International Organization of Securities Commissions published a joint report on clearinghouse risk management practices.
CONTINUE READINGNasdaq Commodities, the electricity derivatives market based in Stockholm, is revising the rules of its clearinghouse in order to comply with new requirements under the European Market Infrastructure Regulation.
CONTINUE READINGEESAT, a Chicago-based financial technology startup, has won an important endorsement.
CONTINUE READINGFollowing its merger with Direct Edge, Bats Global Markets has consolidated all of its markets in the U.S. at one data center, the NY5 facility in New Jersey operated by Equinix.
CONTINUE READINGFIA Europe joined several other trade associations representing financial institutions and commodity firms in sending a letter to the European Commission, the European Parliament and the European Securities and Markets Authority raising concerns about several aspects of Markets in Financial Instruments Directive II that could “severely affect” commodity markets.
CONTINUE READINGICE Clear Europe has hooked up with Clearstream’s triparty collateral management service, making it the third European clearinghouse to tie into the service.
CONTINUE READINGOn Sept. 22, four high-level groups of international banking and market regulators released a progress report on their efforts to enhance the resilience, recovery planning and resolvability of central counterparties.
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