SFE luring traders to Sydney

03 Nov 2003

Sydney Futures Exchange (SFE) has launched a range of incentives for proprietary trading firms and Locals to relocate their trading operations to Sydney.

The relocation scheme provides incentives including fee rebates and discounted or free access to the SFE trading...

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“At our current funding level, the Commission is under serious strain. We lack the staff and resources necessary to both implement Dodd-Frank and continue to fulfil our pre-Dodd-Frank duties under the Commodity Exchange Act. Without additional funding, the strain will only become worse in July, when much of Dodd-Frank goes into effect.”

The CFTC's Michael Dunn pleads for Congressional support over the regulator's budget.