Latest Commodity Futures Trading Commission Stories
NEW YORK, April 16, 2013 /PRNewswire/ -- BNY Mellon today announced that BNY Mellon Clearing, LLC ("BNY Mellon Clearing") is now clearing interest rate swaps for clients using LCH.Clearnet Ltd ("LCH.Clearnet")'s market-leading interest rate swaps clearing service, SwapClear. A BNY Mellon subsidiary that clears futures and over-the-counter derivatives trades on behalf of institutional clients, BNY Mellon Clearing joins The Bank of New York Mellon, a CFTC provisionally registered swap...
CARY, N.C., April 9, 2013 /PRNewswire/ -- With the April 10 deadline looming for commodity swap market counterparties to obtain their Commodity Futures Trading Commission legal entity identifiers for Dodd-Frank compliance reporting, RiskAdvisory is announcing its preparation of SAS BookRunner v12 commodity trading and risk management (CTRM) connections to the swap data repositories (SDRs). To help commodity customers achieve Dodd-Frank compliance, the SAS BookRunner Regulatory...
New service offering will provide compliance reporting to address new trade data regulations LONDON, March 28, 2013 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, announced today that it has applied to the European Securities and Markets Authority (ESMA) to establish ICE Trade Vault Europe Limited (ICE Trade Vault Europe) as a Trade Repository (TR) for the reporting of swaps and futures trade data to meet requirements...
WASHINGTON, March 20, 2013 /PRNewswire/ -- A recent court decision limiting the U.S. Federal Energy Regulatory Commission's (FERC) market enforcement authority is disappointing and highlights an issue that may be ripe for legislative action, FERC Commissioner Tony Clark said Wednesday at a Platts Energy Podium newsmaker event in Washington. "The unfortunate outcome is that there is less light in an area that deserves it and ultimately the public's interest is harmed when that...
Combining a futures education element with a proprietary brokerage platform, FuturesANIMAL, a licensed member of the National Futures Association (NFA), aims to provide the retail trader with the tools they need to successfully navigate and access the futures and options market Lehi, UT (PRWEB) March 15, 2013 Wasatch Trading Partners, LLC., and Mission Viejo, CA based ALTAVEST Worldwide Trading, Inc. (http://www.altavest.com) announced today the launch of their new joint venture,...
NEW YORK, March 11, 2013 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, announced today it will introduce four credit index futures contracts starting in May 2013. The contracts will be based on the Markit CDX and Markit iTraxx indices, and are subject to review by the Commodity Futures Trading Commission. "These new products were developed with customers to meet their credit risk management needs. Our new credit...
http://www.directswap.com/ --Middle market companies seeking to manage operating risk using commercial hedging transactions have historically had few options, other than expensive and opaque intermediary deals. New York,US (PRWEB) February 14, 2013 The Advent of Dodd Frank Middle market companies seeking to manage operating risk using commercial hedging transactions have historically had few options, other than expensive and opaque intermediary deals. Not only has their direct access to...
JERSEY CITY, N.J., Feb. 11, 2013 /PRNewswire/ -- IPC Systems, Inc., a leading provider of voice and electronic trading communications solutions to the world's top financial services firms, today announced that they have added Javelin Capital Markets LLC ("Javelin"), an OTC derivatives execution platform, to IPC's Connexus Financial Extranet service. Under the Dodd-Frank Act, the Commodities Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) are...
CHICAGO, Jan. 24, 2013 /PRNewswire/ -- Today, CME Group released the following statement in response to the announcement by the Commodity Futures Trading Commission (CFTC) that Commissioner Jill Sommers will be leaving the agency this year. "We commend Jill Sommers for her service to the CFTC and the global derivatives industry. Commissioner Sommers has been a tenacious and effective advocate for preserving the competitiveness of U.S. markets, both in her thoughtful approach to...
CHICAGO, Jan. 15, 2013 /PRNewswire/ -- IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, announced today that ICE Clear Credit, the largest North American credit default swap (CDS) clearing house, has received regulatory approval to provide portfolio margining relief for buy-side clearing of CDS. "We appreciate the hard work and cooperation of the CFTC and the SEC to finalize this order," said ICE Clear Credit President Christopher...
