Arrangement will allow eligible clearing members to gain increased margin efficiencies between US treasury securities and CME Group interest rate futures, with an expected launch in January 2024.
Order follows a previous penalty for failing to record the phone lines of a trading and sales desk for 20 calendar days between January and February 2014.
CFTC issues no-action letter for swap data reporting requirements to ease burden of LIBOR transition
Recommendation from the Division of Market Oversight (DMO) and Division of Data (DOD) relates to swaps transitioning from USD LIBOR to risk-free rates.
With this move, Eurex has become the first exchange to offer bitcoin index futures in Europe.
Mizuho Capital Markets ordered by CFTC to pay $6.8 million for violating swap Business Conduct Standards
The US regulator found that Mizuho failed to make adequate disclosures to customers related to deal-contingent FX forwards from June 2018 to December 2020.
Order found that the bank failed to disclose pre-trade-mid-market marks while also failing to communicate with clients in a fair and balanced manner.
Although the impact of the cyber-attack has been mitigated, the Commodity Futures Trading Commission (CFTC) has warned that its weekly Commitments of Traders report will remain delayed, while Euronext has also delayed derivatives reporting.
The firm plans to rebuild rather than restore, despite rumours that the ransom has been paid – but could it be liable for a regulatory penalty in response?
A report from the US’ National Bureau of Economic Research finds that fabricated wash trading on unregulated crypto exchanges accounts for the lion’s share of reported volumes.
The former CEO of Alameda Research and the former chief technology officer of FTX Trading have been charged by the SEC and CFTC for their roles in a “multi-year scheme to defraud investors” and have also pleaded guilty to criminal charges; while SBF has been extradited to the US from the Bahamas.