Commodity Futures Modernization Act

TUI AG: Release according to Article 40, Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

Retrieved on:

Wednesday, July 14, 2021

Threshold, Suffrage, Para, Commodity Futures Modernization Act

non-applying of trading book exemption according to sec. 36 para. 1 WpHG

Key Points:

non-applying of trading book exemption according to sec. 36 para. 1 WpHG
holding directly 3% or more voting rights, if different from 3.
5. Date on which threshold was crossed or reached:

Derivatives Exchanges Trading Hours 2021: Timely and Accurate Information on Trading Hours, Non-trading Days and Settlement Details - ResearchAndMarkets.com

Retrieved on:

Monday, July 5, 2021

Professional services, Finance, Equity derivative, Options, Financial markets, Derivative, Futures contract, Business law, Interest rate derivative, Swap, Underlying, Economic law, Interest rate swap, Commodity Futures Modernization Act

Commodity derivatives: Commodity Derivatives are products where commodities are contracted to buy or sell at an agreed price for delivery at a specified date.

Key Points:

Commodity derivatives: Commodity Derivatives are products where commodities are contracted to buy or sell at an agreed price for delivery at a specified date.
Equity Derivatives: Equity Derivatives are Products whose value is at least partly derived from one or more underlying equity asset class.
Equity derivatives also include futures and options based on index products or dividends.
Interest Rate Derivatives: Interest rate derivatives are futures and options whose underlying is an asset related to interest rates including short term interest rate index contracts, fixed income contracts, and interest rate swap contracts.

Results of the March 2021 survey on credit terms and conditions in euro-denominated securities financing and over-the-counter derivatives markets (SESFOD)

Retrieved on:

Sunday, April 25, 2021

Finance, Money, Financial law, Economy, Financial markets, Hedge fund, Derivative, Commodity Futures Modernization Act, Credit default swap

Respondents reported an easing of overall credit terms for each individual counterparty type except hedge funds, for which overall credit terms remained unchanged.

Key Points:

Respondents reported an easing of overall credit terms for each individual counterparty type except hedge funds, for which overall credit terms remained unchanged.
The reported easing of overall credit terms was most pronounced for banks and dealers, followed by insurance companies.
Respondents expected overall terms to remain broadly unchanged over the March 2021 to May 2021 period.
Survey respondents reported that non-price conditions in OTC derivatives markets tightened for most types of derivatives relative to the previous year.

Cboe Options Exchange to Extend Global Trading Hours for VIX and SPX Options to Nearly 24 Hours-a-Day

Retrieved on:

Thursday, April 8, 2021

Financial markets, Commodity Futures Trading Commission, Futures contract, CFTC, Commodity markets, Commodity Futures Modernization Act

That risk of loss can be substantial and can exceed the amount of money deposited for a futures position.

Key Points:

That risk of loss can be substantial and can exceed the amount of money deposited for a futures position.
You should, therefore, carefully consider whether futures trading is suitable for you in light of your circumstances and financial resources.
For additional information regarding futures trading risks, see the Risk Disclosure Statement in Appendix A to CFTC Regulation 1.55(c).
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof.

SEC Announces the Creation of the Security-Based Swaps Joint Venture, Led by Division of Examinations and Division of Trading and Markets

Retrieved on:

Friday, December 18, 2020

Financial markets, Finance, Money, Commodity markets, Commodity Futures Trading Commission, Systemic risk, Futures markets, CFTC, Dodd–Frank Wall Street Reform and Consumer Protection Act, Derivative, Futures contract, Commodity Futures Modernization Act

The co-leads of the SBS Joint Venture will be Vivi Mazarakis, an Acting Assistant Director in the Division of Examinations, and Carol McGee, who is the Assistant Director for the Office of Derivatives Policy in the Division of Trading and Markets.

Key Points:

The co-leads of the SBS Joint Venture will be Vivi Mazarakis, an Acting Assistant Director in the Division of Examinations, and Carol McGee, who is the Assistant Director for the Office of Derivatives Policy in the Division of Trading and Markets.
Title VII of the Dodd-Frank Act established a comprehensive framework for regulating the over-the-counter swaps markets, with authority divided between the SEC and the Commodity Futures Trading Commission (CFTC).
The SECs role is to regulate and oversee the SBS market, while the CFTC oversees other types of swaps (e.g., commodities, currency, interest rates, etc.).
The complexity of regulating the SBS market requires knowledge, commitment, and a multi-division and office approach, said Brett Redfearn, Director of the Division of Trading and Markets.

SEC Adopts Clearing Agency Rule to Limit Potential for Overlapping or Duplicative Regulation

Retrieved on:

Wednesday, December 16, 2020

Finance, Money, Financial markets, Swap, Security, Broker-dealer, U.S. Securities and Exchange Commission, Commodity Futures Modernization Act, Securities market participants

Washington, D.C.--(Newsfile Corp. - December 16, 2020) - The Securities and Exchange Commission today announced that it has adopted a rule to limit the potential for overlapping or duplicative regulation within its security-based swap regulatory regime.

Key Points:

Washington, D.C.--(Newsfile Corp. - December 16, 2020) - The Securities and Exchange Commission today announced that it has adopted a rule to limit the potential for overlapping or duplicative regulation within its security-based swap regulatory regime.
Specifically, the rule exempts certain activities of security-based swap execution facilities and security-based swap dealers from triggering the requirement also to register as a clearing agency, in line with similar exemptions for broker-dealers and national securities exchanges.
In seeking this result, the rule also should help the Commissions regime for security-based swaps launch smoothly when dealer registration begins next year.
Both the exemptions from and exclusions to the definition of clearing agency are designed to ensure that the entities are subject to appropriate regulation.

ErisX Market Data Now Available on TradeBlock

Retrieved on:

Tuesday, December 8, 2020

It is critical for market participants to have access to high quality consolidated market data for price discovery and liquidity sourcing.

Key Points:

It is critical for market participants to have access to high quality consolidated market data for price discovery and liquidity sourcing.
We are thrilled to make our quote and trade data available through TradeBlocks suite of institutionally-focused tools and analytics.
Were pleased to work with ErisX to publish their market data in real time.
ErisX Spot Market is not licensed, approved or registered with the CFTC and transactions on the ErisX Spot Market are not subject to CFTC rules, regulations or regulatory oversight.

ErisX Introduces Cash Contracts to Enable Short Positions in Crypto Markets and Protect Against Market Volatility

Retrieved on:

Tuesday, December 1, 2020

Bounded Futures enable short positions and protect position holders against large price movements in the underlying market.

Key Points:

Bounded Futures enable short positions and protect position holders against large price movements in the underlying market.
These contracts are entered into and settled in cash allowing customers who may be otherwise restricted from holding crypto assets directly, to gain exposure.
These contracts are one initiative among many that we have been working on to simplify access to the crypto markets.
ErisX Spot Market is not licensed, approved or registered with the CFTC and transactions on the ErisX Spot Market are not subject to CFTC rules, regulations or regulatory oversight.

Kalshi Wins CFTC Approval for Exchange to Trade Event Contracts

Retrieved on:

Thursday, November 5, 2020

Other Professional Services, Professional services, Finance, Commodity markets, Financial markets, Finance, Financial regulation, Commodity Futures Trading Commission, Futures contract, CFTC, Commodity pool operator, Commodity Futures Modernization Act

Kalshi announced today that KalshiEX LLC has received approval from the Commodity Futures Trading Commission (CFTC) as an authorized Designated Contract Market (DCM), establishing Kalshi as the first regulated financial exchange dedicated to trading event contracts.

Key Points:

Kalshi announced today that KalshiEX LLC has received approval from the Commodity Futures Trading Commission (CFTC) as an authorized Designated Contract Market (DCM), establishing Kalshi as the first regulated financial exchange dedicated to trading event contracts.
Kalshi is now approved to operate a federally regulated exchange that allows investors to trade directly on the anticipated outcome of future events.
Kalshi marks the next natural step in this evolution by offering an asset class that meets the demands of todays information economy: event contracts.
KalshiEX LLC is the first ever Commodity Futures Trading Commission (CFTC) regulated exchange dedicated to trading contracts based on the anticipated outcome of economically significant events.

OTC Markets Upgrades ReelTime "RLTR" to Highest Possible Tier of All Companies Trading on the OTC Markets Pink to Pink “Current Information”

Retrieved on:

Wednesday, February 12, 2020

Finance, Money, Economy, Financial markets, Stock market, OTC Markets Group, Over-the-counter, Barry Henthorn, OTC, OTC Bulletin Board, Commodity Futures Modernization Act

The Current Information tier is the highest of all designations given by OTC Markets Group for non-reporting companies trading in the OTC:PINK markets and only companies who provide adequate information and meet all of the most recent reporting standards within six months of the current date may qualify for Current Information.

Key Points:

The Current Information tier is the highest of all designations given by OTC Markets Group for non-reporting companies trading in the OTC:PINK markets and only companies who provide adequate information and meet all of the most recent reporting standards within six months of the current date may qualify for Current Information.
The Company Profile must also be verified through OTCIQ in order to qualify for this tier as well as verifications from the Companys transfer agent.
Barry Henthorn, CEO, stated: "ReelTime has completed this very important step and we will continue to increase our transparency and disclosure criteria.
About OTC Markets Group:OTC Markets Group is an American financial market providing price and liquidity information for almost 10,000 over-the-counter securities.