The Chicago Mercantile Exchange Group issued fines against an energy company and a fund management company for trade practice violations.
News & Insights
The NYMEX Business Conduct Committee fined an introducing broker for reporting failures relating to block trades.
A non-U.S. swap dealer settled charges with the CFTC for failing to (i) timely report a large number of foreign exchange swap, foreign exchange forward, and non-deliverable forward transactions to a swap data repository ("SDR"), and (ii) properly report non-deliverable forward transactions to an SDR.
Effective May 20, 2013, ICE Futures U.S. ("IFUS") will adopt position limits, accountability levels and block trade requirements for newly listed physical environmental contracts. IFUS will also require large trader reporting for these contracts. For a complete listing of all position limits, accountability levels and reportable thresholds for Energy contracts, refer to the Position Limit, Accountability and Reportable Levels table on the ICE website. For a listing of block trade minimums for all Energy contracts, refer to the IFUS Energy Block Trade Requirements table. Click here to view
ICE Futures U.S. ("IFUS") announced that it will adopt position limits, accountability levels, and block trade requirements for six newly listed financial natural gas contracts, six financial environmental contracts and four physical environmental contracts. In addition, IFUS will require large trader reporting for these contracts. Large trader position reports are generated by clearing firms and transmitted daily to ICE Clear Europe. Upon the first instance in which an account exceeds an Exchange reportable threshold, a clearing firm must promptly submit a completed CFTC Form 102 to IFUS