People & Markets - All Articles

  • Chatham Financial’s JCRA purchase set to create advisory powerhouse

    Chatham Financial, the derivatives and debt management advisory firm, has acquired one of its main rivals, JCRA, in a move that is set to create a dominant global player in the market.

    • 14 Nov 2019
  • Lobbyists plead with European Commission for UK CCP extension

    A 14-strong group of trade associations have co-authored a letter asking the European Commission to grant UK central counterparties (CCPs) urgent extensions to their temporary equivalence determinations.

    • 14 Nov 2019
  • Qontigo hires new index head

    Deutsche Börse-owned financial intelligence provider Qontigo has appointed Stephan Flägel as global head of its indices and benchmarks.

    • 14 Nov 2019
  • ESMA lays out future for third country CCPs

    The European Securities and Markets Authority has issued technical advice for the European Commission on the treatment of third-country central counterparties (TC-CCPs).

    • 12 Nov 2019
  • CFTC fines Wells Fargo $14m for FX misprice

    The US Commodity Futures Trading Commission on Friday ordered Wells Fargo to pay over $14m for its conduct involving a FX forward contract and compliance failures.

    • 11 Nov 2019
  • EU members struggle with last hurdles on CCP resolution

    The European Union’s finance ministries are nearing a deal on the draft legal text for central clearing counterparty (CCP) resolution. But they still disagree on the use of CCPs’ own funds in a recovery scenario, as well as on voting rights for smaller states in a resolution college.

    • 11 Nov 2019
  • CFTC hands record fine to Tower Research Capital for spoofing

    The US Commodity Futures Trading Commission has slapped Tower Research with a record $67.4m fine for spoofing in the equity futures market.

    • 07 Nov 2019
  • GFI targets Tokyo with FX desk

    GFI announced that it will re-establish its Tokyo hub on Thursday, launching a new G10 forwards FX desk.

    • 07 Nov 2019
  • Quintenz stays firm on hostile EU stance

    The US Commodity Futures Trading Commission this week approved foreign boards of trade applications (FBOT) from European derivatives exchanges despite opposition from commissioner Brian Quintenz.

    • 06 Nov 2019
  • CLS hires senior bank risk manager as CRO

    CLS has appointed Deborah Hrvatin, a former global head at Citigroup, as its chief risk officer.

    • 05 Nov 2019
  • Cboe replaces Europe head

    Mark Hemsley, president of Cboe Europe, is retiring early next year to be replaced by David Howson, chief operating officer of Europe for the exchange holding company.

    • 04 Nov 2019