CCP IAS 32 Opinions LCH Clearnet SA (Repos)
CONTINUE READING305 Look-through Opinions Clearing Member
CONTINUE READINGTim Massad, chairman of the Commodity Futures Trading Commission, told U.S. lawmakers that he is concerned about the impact that new capital requirements will have on central clearing. The CFTC chairman pointed in particular to the supplemental leverage ratio rule finalized last September by U.S. banking regulators, which does not exclude customer segregated margin from the calculation of capital charges on banks that provide clearing services.
CONTINUE READINGBOX Options Exchange is moving closer to launching its first set of options based on realized volatility. The exchange entered into an exclusive licensing agreement with the VolX Group last fall and in February it announced that its first product will be options based on the realized volatility of the S&P 500 index.
CONTINUE READINGWashington, D.C. and Boca Raton, Fla.—March 10, 2015—FIA today announced the election of directors to its board at its annual meeting in Boca Raton, Fla. Eleven directors were elected in total at this meeting, including eight regular member directors for two-year terms and three associate member directors for two-year terms. Following the election, the new board elected the association’s officers and public directors.
CONTINUE READINGThe FIA Operations Americas Division is pleased to announce that the 2015-2016 https://operations-americas.fia.org/file/1742/download?token=qJW4er3PH69... target="_blank">Scholarship Application is now available. We are proud to confirm that the newly merged division will be awarding ten scholarships with each valued at $2,500. Since the inception of the scholarship program, scholarships have been awarded to 107 academic scholars totaling $233,500. The number of applicants has increased each year since inception. We endeavor to support our members in educating their children and preparing them for the future world economy. We are proud of this program and encourage your children to participate. All qualified persons should apply!
CONTINUE READINGIn light of our previous recommendations for improving U.S. equity market structure submitted on January 28, 2015 and September 30, 2014, the FIA Principal Traders Group (FIA PTG) now writes in support of certain provisions of Petition 4-680 (The Petition) filed by BATS Global Markets, Inc. (BATS) on January 21, 2015.
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