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0.000532197977647768 0.000532197977647768 -0.00159659393294293 -0.00266098988823827 -0.00266098988823827 -0.00425758382118139 -0.00478978179882897 -0.00532197977647674
Stock impact report

CME Turns to Yellen in Battle for Dominance of US Treasuries [Yahoo! Finance]

BGC Group, Inc. - Class A (BGC) 
Last bgc group, inc. - class a earnings: 8/2 04:20 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Most Read from Bloomberg Chief Executive Officer Terry Duffy, who has repeatedly raised concerns about Lutnick's plan for clearing, said he has taken the issue to Treasury Secretary Janet Yellen. The 66-year-old also spoke with Securities and Exchange Commission Chairman Gary Gensler and Rostin Behnam, chairman of the Commodity Futures Trading Commission. The crux of the matter hinges on whether the US should allow Treasury futures to be cleared abroad, something that Duffy says doesn't happen anywhere else in the world. Lutnick, the longtime CEO of Cantor Fitzgerald LP, has partnered with UK-based clearinghouse LCH Group to clear Treasury futures on his FMX exchange. “I think it's going to be difficult for him to move that over to London,” Duffy said in an interview at CME's headquarters in Chicago this week. “I told everybody that I've talked to, from the Treasury secretary down, ‘if you think it's OK, I'll accept your response, but you have to at least explain to me why it's Show less Read more
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