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CME to Close European Derivatives Exchange & Clearinghouse

April 18, 2017 by Eugene Grygo

CME to Complete Closures by the End of 2017   Citing customer preferences for its U.S. infrastructure, CME Group officials report that they will be closing the London-based derivatives exchange, CME Europe, and the clearinghouse, CME Clearing Europe, by the end of the year, officials say. For the dismantling, CME Group officials will be working… Read More >>

Filed Under: Derivatives Operations, Securities Operations, Buy-Side, Clearing, Middle-Office, Reconciliation & Exceptions, Settlement, FinTech Trends, Regulation & Compliance Tagged With: CME Clearing Europe, CME Europe, CME Group, Mainfirst Bank, Opus, SimCorp, Torstone Technology, VidaCaixa

SEC Rewards Whistleblower with $22 Million

September 7, 2016 by Eugene Grygo

SEC Awards a Total of $107 Million to Whistleblowers The SEC has given a whistleblower “more than $22 million” for a “detailed tip and extensive assistance” that allowed the regulator to halt “a well-hidden fraud at the company where the whistleblower worked,” according to officials. “The $22 million-plus award is the second-largest total the SEC… Read More >>

Filed Under: Securities Operations, Ops Automation, Reconciliation & Exceptions, Settlement, FinTech Trends, Back-Office, Blockchain/DLT, AML/Fraud/Financial Crime, Regulation & Compliance Tagged With: Algorithmic Traders Association (ATA), blockchain, CACEIS, clearing, distributed ledger technology (DLT), ED&F Man Capital Markets, Financial Crime, Global FinTech Hubs Federation (GFHF), Hyperledger project, Innotribe, Mainfirst Bank, SEC, settlement, SWIFT, TIAA, whistleblower, Whistleblower Program

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