News Centre

TOM MTF Statistics Week 39

Date 28/09/2012

Click here to download the weekly statistics update of TOM MTF for week 39 - 2012. 

CFTC Charges Boston Resident John B. Wilson And His Company With Commodity Pool Fraud - Defendants Are Also Charged wWth Acting As Unregistered Commodity Pool Operators

Date 28/09/2012

The U.S. Commodity Futures Trading Commission (CFTC) today filed a civil complaint in federal district court in Boston, Massachusetts, against Boston-based John B. Wilson and his company, JBW Capital LLC(JBW). The complaint charges that from July 2007 through at least May 2010, the defendants solicited and obtained at least $1.8 million from approximately 30 participants and acted as Commodity Pool Operators without being registered as such or exempt from CFTC registration.

IMF Managing Director Christine Lagarde Welcomes The Completion Of Spain’s Banking Sector Valuation

Date 28/09/2012

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), made the following statement today:

“I welcome the completion of the Spanish banking sector valuation announced today by the Spanish authorities. This thorough and transparent independent valuation of assets and stringent stress tests will help provide significant and helpful differentiation among financial institutions. Public funding of the banks’ actual capital needs, which are expected to be lower than the amounts identified in the stress tests, can be financed comfortably under the recapitalization program supported by Spain’s European partners."

ECB Welcomes Announcement By Spanish Authorities On Bottom-Up Stress Test

Date 28/09/2012

The European Central Bank (ECB) welcomes today’s publication by the Spanish Government and the Banco de España of the results of the independent evaluation of the Spanish banking sector.

Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange, TMX Select And Alpha Closed For Thanksgiving

Date 28/09/2012

Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange, TMX Select and Alpha will be closed on Monday, October 8, 2012 for the Thanksgiving holiday.

CFTC Designates trueEX LLC As A Contract Market

Date 28/09/2012

The Commodity Futures Trading Commission (CFTC) on Tuesday, September 25, 2012, approved the application of trueEX LLC (“trueEX”) for designation as a contract market.  trueEX is organized as a Delaware limited liability company and is a wholly owned subsidiary of trueEX Group LLC.

SEC Announces Panelists For Market Technology Roundtable On October 2

Date 28/09/2012

The Securities and Exchange Commission today announced the panelists who will  participate in the agency’s October 2 market technology roundtable that will  discuss the relationship between the operational stability and integrity of the  securities markets and the ways that market participants design, implement, and  manage complex and interconnected trading technologies.

Tribunal Upholds UK’s Financial Services Authority Decision To Ban And Fine Swiss Fund Manager And Two Former Cantor Fitzgerald Traders For Market Abuse

Date 28/09/2012

The Upper Tribunal (Tax and Chancery Chamber) has directed the Financial Services Authority (FSA) to fine Stefan Chaligné, a Swiss-based hedge fund manager £900,000, (plus disgorgement of the financial benefit he obtained of €362,950) and Patrick Sejean, a former senior salesman on Cantor Fitzgerald Europe’s (CFE) London-based French desk £650,000.  The FSA did not seek to fine Tidiane Diallo, a former junior trader on the same desk, as it accepted that he was in a position of serious financial hardship.  Had this not been the case, it would have sought to fine him £100,000.  The Tribunal also directed the FSA to ban all three individuals from performing any role in regulated financial services.

NYSE Euronext Announces Early Results Of Tender Offer For Any And All Of Its 4.80% Notes Due 2013

Date 28/09/2012

NYSE Euronext (NYX) (the “Company”) today announced the early  results of its previously announced cash tender offer (the “Offer”) to purchase  any and all of its outstanding 4.80% Notes due 2013 (the “Notes”).

FxSpotStream Announces That Morgan Stanley Has Joined As A Liquidity Provider Of FXSpotStream’s Price Aggregation Service, Expanding FxspotStream's Liquidity Providers To Seven Global FX Banks

Date 28/09/2012

FXSpotStream LLC, a wholly owned subsidiary of LiquidityMatch LLC, today announced that Morgan Stanley has joined as a new liquidity providing bank to FXSpotStream’s clients. Morgan Stanley adds to the liquidity available from FXSpotStream’s existing liquidity providers, which include BofA Merrill Lynch, Citi, Commerzbank AG, Goldman Sachs, HSBC and J.P. Morgan.