The TRADE

Clear Street names new chief executive of futures clearing business

Clear Street has appointed Christopher Smith as chief executive officer of its futures clearing business. Smith brings more than 30 years’ experience in the capital markets sector to the role, having ...
Traders Magazine

Clear Street Launches Futures Clearing Services

NEW YORK – April 29, 2024 – Clear Street, a New York-based diversified financial services firm, is pleased to announce the launch of futures clearing and execution services on U.S. exchanges for ...
InvestmentNews

Debacle at PFGBest is worst nightmare for client

The calls started coming in at about 2 p.m. last Monday, said Lauren Nelson, communications director for Attain Capital Management LLC, a small introducing broker that specializes in managed futures.
Risk.net

Deutsche Bank returns to US swaps client clearing

Data from the Commodity Futures Trading Commission show Deutsche Bank Securities, the bank’s US-registered futures commission ...
JD Supra

Expected CFTC Implementations Post-2024 Election: Key Considerations for Futures Commission Merchants

The 2024 US elections may signal a shift in the policy orientation of other federal financial regulators, but at the Commodity Futures Trading Commission (CFTC or Commission), at least in the ...
Insurancenewsnet.com

Enhancing Protections Afforded Customers and Customer Funds Held by Futures Commission Merchants and Derivatives Clearing Organizations

Federal Information & News Dispatch, Inc. SUMMARY: The Commodity Futures Trading Commission ("Commission" or "CFTC") is adopting new regulations and amending existing regulations to require enhanced ...
Bloomberg L.P.

ADM Is Said to Consider Selling Futures Clearing Arm

Archer-Daniels-Midland Co. is exploring a sale of its futures brokerage arm, as the company weighs divestitures to slash costs, according to people familiar with the matter. The commodities trading ...

Bitnomial Launches First U.S.-Regulated Aptos Futures

Bitnomial has launched the first-ever U.S.-regulated futures contracts tied to Aptos (APT) adding a regulated venue for ...
JD Supra

CFTC Staff Guidance Dispels Longstanding Legal Uncertainty Around an FCM's Use of Customer Securities to Secure Foreign Futures Exposures

In 2016, and again in 2018, Commodity Futures Trading Commission (CFTC) staff issued no-action letters permitting Futures Commission Merchants (FCMs) to deposit securities pledged by their foreign ...
Asset Servicing Times

Clear Street releases futures clearing and execution services

New York-based financial services firm Clear Street has launched its futures clearing and execution services on US exchanges for global clients. The services will provide for hedge funds, professional ...
Insurancenewsnet.com

Enhancing Protections Afforded Customers and Customer Funds Held by Futures Commission Merchants and Derivatives Clearing Organizations; Correction

[Name of Futures Commission Merchant] [if applicable, add "FCM Customer Omnibus Account"] CFTC Regulation 30.7 Customer Secured Account under Section 4 (b) of the Commodity Exchange Act [and, if ...