The Commodity Futures Trading Commission (CFTC) has certified the Singapore Stock Exchanges’s (SGX) Euro Stoxx 50 Index Futures Contract for sale in the US.
On 6 February, 2012, SGX requested expedited a CFTC review of the contract for sal in the US and also requested that it be made available through direct access terminals in the United States.
The CFTC’s Division of Market Oversight reviewed the contract and determined that it satisfied the requirements of the Commodity Exchange Act (Act) and the Commission’s Regulations. Accordingly, the Euro Stoxx 50 Index futures contract is deemed to be in conformance with the Act and therefore may be offered or sold to persons in the US. Additionally, SGX may make the contract available for trading through its direct access terminals in the US.
Yen carry trade risks mount
Hedge funds and other leveraged investors face renewed risks from the yen carry trade as Japan moves further away from decades of…
More
Valour launches first crypto hedge fund using Neuronomics AI strategy
Valour, the digital asset investment products subsidiary of DeFi Technologies, has launched its first hedge fund as it expands beyond…
More
SocGen targets strong prime brokerage growth
Societe Generale is planning to significantly expand its prime brokerage business as part of Chief Executive Officer Slawomir Krupa's…
More
