News Centre

SEC Halts Microcap Scheme In South Florida

Date 09/04/2015

The Securities and Exchange Commission today announced fraud charges and an asset freeze against the operators of a South Florida-based microcap scheme, including three boiler room brokers caught trying to conceal from investors that they have been barred from the industry.

New York State Department Of Financial Services (NYDFS) Report Shows Need To Tighten Cyber Security At Banks' Third-Party Vendors - Nearly 1 Of 3 Banks Do Not Require Their Vendors To Report Cyber Security Breaches - Superintendent Lawsky: Vendors Could Provide “Backdoor Entrance” To Hackers Seeking To Steal Bank Customer Data

Date 09/04/2015

Benjamin M. Lawsky, Superintendent of Financial Services, announced that the New York State Department of Financial Services (NYDFS) released a report today finding significant potential cyber security vulnerabilities with banks' third-party vendors. Banks rely on third-party vendors for a broad-range of services – such as law firms that provide them with legal advice or even companies contracted to run their HVAC systems. Those third-party firms often have access to a financial institution’s information technology systems, providing a potential point of entry for hackers.

BOX Options Exchange Price Improvement Activity For March

Date 09/04/2015

In the month of March, price improved contracts on BOX Options Exchange (“BOX”) averaged 218,520 per day. Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction, PIP, averaged $571,858 per day, while total savings to investors this month was $12.6M. With this, BOX has saved investors over $614M since its inception in 2004. Overall average daily trading volume on BOX in the month of March was 350,954 contracts.

Genscape Blog Post: Implications Of Outage At Belgium Nuclear Plant & Transparency Into German CHP Production

Date 09/04/2015

A fundamental lack of transparency in the European power market has been an ongoing issue, and Genscape's proprietary data has been key in providing critical awareness and insight into this market. 

Martin Andersson Leaves Finansinspektionen

Date 09/04/2015

Martin Andersson is leaving his post as Director General of Finansinspektionen (FI) to become a partner with the consultancy firm Oliver Wyman.

Moscow Exchange Trading Schedule Over May Holidays

Date 09/04/2015

Moscow Exchange has set the following trading schedule for its markets over the May public holiday period:

1-4 May and 9-11 May will be non-trading days on all Moscow Exchange markets.

EBA: Ongoing Progress On Supervisory Convergence Is Vital For The Single Market

Date 09/04/2015

The European Banking Authority (EBA) published today its first annual Report addressed to the EU Parliament and the Council on the convergence of supervisory review practices in the EU banking sector. The Report covers the findings of an assessment carried out over the past 3 years and focuses on Supervisory Review and Evaluation Process and assessment of risks (SREP), supervisory stress testing, ongoing review of internal models, and supervisory measures and powers.

Opening Remarks To The Investor Advisory Committee - SEC Chair Mary Jo White, April 9, 2015

Date 09/04/2015

Good morning and welcome. Thank you again for making time in your schedules to be here and for all the work you do for the Investor Advisory Committee and the SEC.  Today, I want to give you a couple of updates since your last meeting in February.  And then I will just very briefly touch on some of what lies ahead that I think are of interest to this Committee.

HKEx Chief Executive Charles Li Live And Direct - Latest Charles Li Direct: New Records For Stock Connect, And New Questions For Southbound Trading

Date 09/04/2015

New records for Stock Connect, and new questions for Southbound trading

OneMarketData, LLC: Ergon Selects OneTick Data Management Platform

Date 09/04/2015

OneMarketData, LLC , the founders of OneTick, a single solution for event stream processing (CEP) and tick data management, today announced that Ergon Capital Management, LLC, an Austin, Texas based company that builds market technology solutions and quantitative trading models, has selected OneTick as its tick data management platform. OneTick's powerful analytical tools will enable Ergon to employ their quantitative research techniques on historical tick data for trading opportunities, run historical simulations & strategy back tests and perform transaction cost analysis (TCA).