OSC, AMF consult on new Term CORRA to help ease demise of CDOR
Term CORRA to be available by Q3, but usage will be limited
Precious metals trader guilty of wire fraud, federal jury finds
Firm agreed to $100,000 sanction, admitted oversight violations
ESG derivatives enable investors to address rising climate risks
Proposal seeks to reduce minimum requirement to 15% of current market value
Applications are due by June 21
The bank’s penalty was substantially reduced in recognition of its self-reporting and co-operation
Chicago-based CME now has until April 12 to announce whether it intends to proceed with a takeover offer for the U.K. firm
The derivatives exchange will begin disseminating the new index on Dec. 14