NewsWire: Dodd-Frank's out, Citadel is in as 'Standard Setter'



Exchange Newswire

March 14, 2017

ICE to engage with CMA remaining issues after CAT decision reversal on Trayport. ICE hopes CMA will recognize the merits of customers gaining access to additional Trayport connectivity and greater access to relevant markets through the agreement.

LSE: buy-side trading activity on the MTS BondsPro trading platform almost trippled in 2017 helped by its new link to the Bloomberg TSOX terminal. LSE said over 60 new buy-side traders gained access to MTS BondsPro due to this initiative.

LSE: LCH filed an application with the CFTC to clear variable notional swaps in eight currencies.

DB1 launched Scale All Share Index, that tracks performance of new Scale segment.

SGX is enabling companies to seek a general mandate for an issue of pro-rata renounceable rights shares of up to 100% of the share capital from 50% previously. The enhanced rights issue limit is aimed at helping companies raise funds expediently for expansion activities or working capital.

Eris Exchange launched the Live Eris Swap Curve, a value-added market data product featuring real-time valuations and analytics for Eris Standard Swap Futures.

KCG averaged $28 billion dollar volume traded, 10.9 billion shares traded, and 3.4 million trades per day in US equities market making. KCG Institutional Equities averaged 217 million shares per day. KCG BondPoint averaged $275 million fixed income par value traded per day.

New York Interactive Advertising Exchange (NYIAX) was announced and will work on NDASQ technology and leverage the Nasdaq Financial Framework architecture. NYIAX will be the first  guaranteed advertising contract exchange and first exchange to be deployed in the cloud and also run on blockchain technology.

TP ICAP plans to move client relationships to EU countries after Brexit

SIX Securities Services received approval to launch a trade repository for Switzerland

Corvil extended its technology to fixed income trading with the launch of a new tool that allows traders to view each transaction’s lifecycle in real-time.

Dodd-Frank many sections are at risk of change or elimination, according to a Financial Times analysis.

EU is adopting rules to give shareholders in listed companies more power in setting executive pay and avoid short-term investing.

FIA asked EU Commission to exclude exchange traded derivatives to be reported to a trade repository. Reported by Politico Pro.

ESMA markets division chief, Rodrigo Buenaventura, said guidelines will be issued to clarify some definitions in the derivatives trading obligation that is contained in the MiFID.


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