Search Results for: First Derivatives
ESMA defines central clearing of interest rate and credit default swaps
July 11th, 2014
The European Securities and Markets Authority (ESMA) has launched a first round of consultations to prepare for central clearing of OTC derivatives within the European Union. The two consultation papers seek stakeholders’ views on draft regulatory technical standards (RTS) ...
Eurex Enters FX Trading Business, Could Force CME To Reduce Prices
July 11th, 2014
In its recent monthly volumes breakdown, CME Group reported a decline in trading volumes in the last several months over the year-ago period across almost all derivative classes, other than interest rate derivatives, after a solid start to 2014. ...
There Might Be a Lot of Insider Trading
June 18th, 2014
As I may have mentioned over and over and over and over and over again, the first rule of insider trading is just don’t insider trade, but the second rule is: If you have inside information about an upcoming ...
‘Bitcoin Jesus’ Calls Rich to Tax-Free Tropical Paradise
June 16th, 2014
He’s known as Bitcoin Jesus in the world of cyber-currencies. Though he can’t promise you heaven, he is offering a haven: a condo in the Caribbean that comes with a new passport and almost zero taxes. Meet Roger Ver, ...
ICE Says Euronext IPO Values Exchange at Up to $2.4 Billion
June 10th, 2014
IntercontinentalExchange Group Inc. (ICE) began the initial public offering of its Euronext NV unit, saying it will value the stock-market operator at as much as 1.75 billion euros ($2.4 billion). ICE is selling a stake of as much as ...
ECB to lead revamp of global FX codes of conduct
June 3rd, 2014
The European Central Bank has been given the lead role in work to strengthen codes of conduct for currency markets, expected to be one of the main areas highlighted in a report from global regulators due within weeks. Banking ...
CySec informs on ESMA regulation
May 30th, 2014
The Chairman of the Cyprus Securities & Exchange Commission (CySec), Demetra Kalogirou, has announced through a circular on the ESMA – MiFID II / MiFIR Consultation Paper and Discussion Paper to inform the Cyprus Investment Firms and Regulated Markets about the following: 1. ...
Former Barclays New York Trio Face Libor Charges in U.K. Court
May 27th, 2014
Three former Barclays Plc (BARC) New York derivatives traders appeared at a London court after being charged with manipulating Libor by U.K. prosecutors, in the second group from the British bank to face U.K. criminal action. Ryan Reich, Alex ...
MOEX Q1 Net Profit
May 27th, 2014
Moscow Exchange (MOEX) today announces its financial results for the first quarter (1Q) 2014 according to International Financial Reporting Standards (IFRS). Strong earnings growth was driven by fees and commissions generated by increased trading volumes across markets, particularly the ...
FSMA to ban certain financial products’ marketing
May 22nd, 2014
The Financial Services and Markets Authority (FSMA), the Belgian regulatory authority, published an announcement as follows: The marketing of certain financial products to retail clients in Belgium will be banned starting on 1 July 2014. The Regulation to this ...
