Search Results for: OCED
Rabobank Adopts Bloomberg Tool to Monitor Its Liquidity Buffer
September 16th, 2015
Bloomberg’s HQLA Solution Helps Rabobank Meet Basel III Requirements Bloomberg announced today that Rabobank, one of the world’s safest banks according to Global Finance magazine, is the latest to adopt Bloomberg’s High-Quality Liquid Assets (HQLA) solution to monitor its liquidity ...
SCA Forces Electronic Connection with CBUAE on Brokerage Companies
September 16th, 2015
The Securities and Commodities Authority (SCA) forced UAE-based securities and commodities brokerage companies to work on activating electronic connection with the Anti-Money Laundering and Suspicious Cases Unit of the Central Bank of the UAE (CBUAE). The purpose of this move ...
Former Citi trader tells court information-sharing was common practice: Update
September 9th, 2015
A former Citigroup foreign exchange trader claiming unfair dismissal after a currency rigging scandal told a London court on Tuesday that the activities for which he was fired were common practice at the U.S. bank at that time. Perry ...
CFTC Orders FXCM to Pay More Than $843,000
September 9th, 2015
The U.S. Commodity Futures Trading Commission (CFTC) has issued a press release to inform on its decision to order Forex Capital Markets, LLC to pay more than $843,000 for Supervision and Record-Production Violations and for Violating a Previous Commission Order. ...
Mergers: Commission clears acquisition of BG Group by Royal Dutch Shell
September 3rd, 2015
The transaction was cleared as it will not grant Shell market power in oil and gas exploration, LNG liquefaction or LNG wholesale supply. Shell will also not be able to prevent competitors from using its gas infrastructure in the ...
Do you know Deloitte, KPMG, EY are helping the RBI probe NPA cases?
August 28th, 2015
The Reserve Bank of India (RBI) received reports about a month ago on forensic investigations it had ordered into the bad debt at two companies – Surya Vinayak Industries and Deccan Chronicle Holdings. Some corporate investigators are now helping banks to ...
MOEX: SPECTRA system update to v4.5
August 25th, 2015
Moscow Exchange would like to inform you that SPECTRA trading system version 4.5 is scheduled to roll on production for 31 August 2015. On 29 August 2015 the production version of SPECTRA trading system will be available for functional testing by Trading Participants. ...
FINRA Fines Charles Schwab & Co., Inc. $2 Million for Net Capital Deficiencies
August 25th, 2015
The Financial Industry Regulatory Authority (FINRA) announced today that it has censured and fined Charles Schwab & Co., Inc. $2 million for net capital deficiencies and for related supervisory failures. The net capital deficiencies occurred on three separate dates ...
Thomson Reuters Confirms Higher Industry Standards for FX Trading
August 20th, 2015
Final FXall Operational Procedures reflect results of customer consultation and codify rules for the use of provisory liquidity Thomson Reuters published operational procedures for trading protocols on its FXall platform, following consultation with the industry. The procedures announced include ...
CFTC Orders Swap Dealer to Pay $200,000
August 20th, 2015
CFTC Orders Swap Dealer INTL FCStone Markets, LLC to Pay a $200,000 Civil Monetary Penalty for Failure to Supervise Swaps Trading in Violation of CFTC Regulation 23.602 The U.S. Commodity Futures Trading Commission (CFTC) filed and simultaneously settled charges ...
