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
New guidance effective immediately