October was the third month in 2014 in which monthly average daily volume in VIX futures reached a new all-time high. The record 323,761 contracts per day in October surpassed the previous high of 216,996 contracts in August 2014.
The Over-the-Counter (OTC) Derivatives Regulators Group (ODRG) issued a report today that provides an update to the G20 Leaders regarding the ODRG’s continuing effort to identify and resolve cross-border issues associated with the implementation of the G20 OTC derivatives reform agenda.
The U.S. Commodity Futures Trading Commission issued five Orders filing and settling charges against Citibank, HSBC, JPMorgan, RBS and UBS for attempted manipulation of global forex benchmark rates to benefit the positions of certain traders.
James W. Giddens, Trustee for the liquidation of MF Global Inc. (MFGI), is commencing the process of sending out $551 million in distributions to general creditors who have made allowable claims against the MFGI estate.