News Centre

SIFMA Market Close Recommendations For The US Martin Luther King Day In The US, The UK And Japan

Date 13/01/2015

In observance of the U.S. Martin Luther King, Jr. Day holiday, SIFMA made holiday recommendations in the U.S.,U.K., and Japan. 

Federal Court In Florida Enters Order Freezing Assets In CFTC Foreign Currency Anti-Fraud Action Against Allied Markets LLC And Its Principals Joshua Gilliland And Chawalit Wongkhiao - CFTC Charges Jacksonville, Florida, Defendants With Operating A Fraudulent Forex Pool And Misappropriating Customer Funds To Pay Personal Expenses

Date 12/01/2015

The U.S. Commodity Futures Trading Commission (CFTC) today announced that it filed a civil enforcement Complaint in the U.S. District Court for the Middle District of Florida, charging DefendantsAllied Markets LLC, and its principals Joshua Gilliland and Chawalit Wongkhiao, all of Jacksonville, Florida, with operating a fraudulent foreign currency (forex) commodity pool in violation of the Commodity Exchange Act (CEA) and CFTC Regulations. In addition, none of the Defendants has ever been registered with the CFTC, as required.

SIFMA Statement On Rep. Van Hollen's Tax Reform Action Plan

Date 12/01/2015

Today, SIFMA issued the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO in response to the tax reform action plan unveiled by Rep. Van Hollen: 

"We appreciate Mr. Van Hollen's search for innovative ideas to help middle-class Americans. Encouraging more savings makes sense. But, imposing what is effectively a sales tax on savers, mutual fund owners, pensioners and investors is neither new nor innovative. Rather it is an old idea with a long history of negative consequences for savers and investors and for the efficient functioning of capital markets. Mr. Van Hollen's proposed new sales tax on investors would be paid by every American that holds a retirement account, owns a mutual fund or is part of a pension plan. Retirees would likely be hit the most. It will raise the cost of saving and undermine what the congressman seeks to accomplish."

NYSE Group Issues Short Interest Report

Date 12/01/2015

The NYSE Group, Inc. today reported short interest as of the close of business on the settlement date of December 31, 2014.

Nasdaq Announces End-Of-Month Open Short Interest Positions In NASDAQ Stocks As Of Settlement Date December 31, 2014

Date 12/01/2015

At the end of the settlement date of December 31, 2014, short interest in 2,274 NASDAQ Global Market^SM securities totaled 7,574,329,319 shares compared with 7,861,573,039 shares in 2,265 Global Market issues reported for the prior settlement date of December 15, 2014. The end-of-December short interest represents 3.82 days average daily NASDAQ Global Market share volume for the reporting period, compared with 5.00 days for the prior reporting period.

NYSE MKT Issues Short Interest Report

Date 12/01/2015

NYSE MKT (formerly known as NYSE Amex) today reported short interest as of the close of business on the settlement date of December 31, 2014.

SIFMA Statement On Tax Reforms And Modernization Of NYC's Corporate Tax System

Date 12/01/2015

SIFMA today issued the following statement from Kenneth E. Bentsen, Jr., president and CEO, on the announcement by New York City Mayor Bill de Blasio of tax reforms and modernization of NYC's corporate tax system: 

"We commend Mayor de Blasio for supporting key tax reforms and applaud the City's commitment to improving the business climate for many industries throughout the City and State. The Mayor's proposal modernizes outdated rules to conform to a major retooling of federal laws governing financial institutions, providing the financial sector with updated rules to enhance business planning and retention. The new tax laws will allow the industry to remain competitive and strong in order to bring greater benefits and opportunities to New York." 

BATS Global Markets Statement Regarding Today’s Securities And Exchange Commission Announcement

Date 12/01/2015

BATS announces the conclusion of two separate investigations into the development of order types; one relates to BATS and the other relates to Direct Edge.

Algomi Wins “Trading Technology Product Of The Year” In Risk Magazine Awards

Date 12/01/2015

Algomi, the network company providing information-matching solutions for the optimisation of fixed income liquidity, has won the “Product of the Year” for vendors award in the 2014 Risk Magazine Awards in Trading Technology.

SEC Charges Direct Edge Exchanges With Failing To Properly Describe Order Types

Date 12/01/2015

The Securities and Exchange Commission today announced that two exchanges formerly owned by Direct Edge Holdings and since acquired by BATS Global Markets have agreed to pay a $14 million penalty to settle charges that their rules failed to accurately describe the order types being used on the exchanges.  The penalty is the SEC’s largest against a national securities exchange, and the case is the SEC’s first principally focusing on stock exchange order types.