On April 22, the U.K.'s Financial Conduct Authority announced that it fined Merrill Lynch International £13.2 million ($20.5 million) for incorrectly reporting more than 35 million transactions and failing to report another 121,387 transactions between November 2007 and November 2014.
CONTINUE READINGCybersecurity risks and testing are a major concern of regulators and market participants. Experts at a Commodity Futures Trading Commission roundtable discuss the testing underway as well as practices to recover from cyber attacks.
CONTINUE READINGThe corn might be high as an elephant’s eye, but what’s it selling for? Now there’s an app for that.
CONTINUE READINGExchange-for-physical transactions have been custom-tailored over-the-counter products until now, but Euronext is about to change that.
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 READINGWashington, D.C.—June 9, 2015—Today, FIA Global, in cooperation with the law firms Linklaters and Milbank, Tweed, Hadley & McCloy, announced an interactive tool to compare and assess the rules of central counterparties (CCPs) within the FIA CCP Risk Review™.
CONTINUE READINGAs the listed derivatives industry comes to terms with increased operational costs and regulatory constraints, this edition of InfoNet explores the critical role of the vendor in the market ecosystem.
CONTINUE READINGOn April 21, the Commodity Futures Trading Commission and the U.S. Justice Department announced a joint action against Navinder Singh Sarao, a day trader based in London, for “unlawfully manipulating” and “spoofing” the E-mini S&P 500 futures market
CONTINUE READINGJefferies Group announced on April 9 that it entered into an agreement to sell most of the futures activities of its Jefferies Bache business to Societe Generale.
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