Autorité des Marchés Financiers (France)
The French regulator Autorité des Marchés Financiers (AMF) has launched a study into the impact of unbundling in order to improve coverage for small- and mid-cap stocks as part of a study on the impact of MiFID II on research.
Letter to Heath Tarbert, Chairman of the Commodity Futures Trading Commission
John Lothian Executive Chairman and CEO TwitterLinkedIn Mr. Heath TarbertChairman, Commodity Futures Trading CommissionThree Lafayette Centre1155 21st Street, NWWashington, DC 20581 July 12, 2019 Dear Chairman Tarbert: Congratulations on becoming chairman of the CFTC....INTL FCStone Inc.
INTL FCStone Inc. announced that it has executed a sale and purchase agreement to acquire the outsourced trading firm Fillmore Advisors. This news follows the earlier announcement that INTL FCStone launched a prime brokerage division in April. Fillmore Advisors is now...1MDB
1MDB, Malaysia’s state-owned investment fund, was supposed to promote development but is being investigated by agencies around the world for alleged embezzling, money laundering and political patronage involving former Prime Minister Najib Razak, who led its advisory...Tradeweb
Chinese bond trading volumes reached a record high of $1.1 billion ADV in June at Tradeweb after it became the first firm to provide offshore investors with access to the Bond Connect trading link. This represents a 406% increase since the first month of trading on...New York State Department of Financial Services
The new head of the New York State Department of Financial Services, Linda Lacewell, said in an interview that the agency will take on a greater role in policing everything from financial marketing to online lending, especially as the federal Consumer Financial...Deutsche Bank
Deutsche Bank plans to cut 18,000 people from its trading desks in a huge restructuring that will see the bank scrap its global equities business, scale back its investment bank and cut some of its fixed income operations.ErisX
ErisX was granted a second license earlier this week from the CFTC allowing it to clear futures in addition to trading them; the company has now acquired both DCM and DCO licenses.Value at Risk
Both ICE Clear Europe and CME Group are planning to roll out new Value at Risk (VaR)-based margin methodology for listed derivatives in early 2020, subject to regulatory approval. ICE plans to use the model for its interest rate futures complex, including its flagship...
Sarah Rudolph
Managing Editor & Head of Editorial Operations
SarahRudolph@JohnLothian.com l MarketsWiki Profile
Sarah Rudolph is managing editor at John Lothian News. She is a Chicago-based journalist who has concentrated on financial services. She joined John Lothian News in 2008.
