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Trading on Intercontinental Exchange was 33% busier in October than in the same month last year. Volume across all ICE’s futures exchanges – ICE Futures Europe, ICE Futures US and ICE Futures Canada – amounted to almost 24.4m contracts,...
“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.