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CFTC Charges Illinois Resident Nick A. Wurl And His Company Ludiera Capital LLC With Fraud And Misappropriation In $9 Million Scheme - Defendants Allegedly Defrauded At Least 46 Participants In An Investment Pool - Wurl Was Charged With Wire Fraud In A Related Criminal Action
Date 24/06/2015
The U.S. Commodity Futures Trading Commission (CFTC) filed a federal enforcement action in the U.S. District Court for the Northern District of Illinois against Defendants Nick A. Wurl and his company Ludiera Capital LLC, both of Chicago, Illinois, charging them with fraud, misappropriation, and the issuance of false statements in connection with an investment pool they operated that traded commodity futures contracts and options on futures contracts. According to the CFTC Complaint, “In reality, the pool was little more than a shell company used to defraud pool participants and enrich Defendants at their expense.”
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Nasdaq Migrates Disaster Recovery To Equinix's Chicago Data Center - Utilizes Best-In-Class Technology To Offer A Cost-Effective And Secure Facility
Date 24/06/2015
Nasdaq (Nasdaq:NDAQ) and Global Access Services, the exchange group's market solutions provider for the financial services community, and Equinix, the global interconnection and data center company, today announced that Nasdaq is moving its Disaster Recovery (DR) site for the US equities and options markets in a phased approach from Ashburn, Virginia to Chicago, Illinois beginning in August 2015. The new DR will be located in the Nasdaq Point of Presence (Nasdaq POP) within the Equinix Chicago data center (CH4) located in 350 E. Cermak on the 8th floor. The recently launched Nasdaq POP in Chicago, along with the Nasdaq POP in Equinix's Secaucus, New Jersey campus, allows customers to connect directly to any of the Nasdaq market systems from remote financial data centers.
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Federal Reserve Vice Chairman Stanley Fischer At The Riksbank Macroprudential Conference, Stockholm, Sweden June 24, 2015, Supervisory Stress Testing Of Large Systemic Financial Institutions
Date 24/06/2015
It's a pleasure to take part in the Riksbank Macroprudential Conference and I thank the organizers for inviting me to participate in the conference, and particularly in this panel on stress testing.
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Findings And recommendations Of The SGX Board Committee Of Inquiry Into The breakdown On 5 November 2014
Date 24/06/2015
The Board of the Singapore Exchange (SGX) regrets the market disruption and inconvenience caused by the breakdown on 5 November 2014 and has accepted the Board Committee of Inquiry’s (BCOI) recommendations. The power outage, which was triggered by a voltage sag in both power lines to the SGX Primary Data Centre, was caused by a combination of a faulty component in the emergency backup power supply generator and the inability of downstream switches to cope with this malfunction. The BCOI notes that the key cause of the power outage has been addressed, and that the power design has been independently verified by experts to be robust. SGX has also committed to make further improvements beyond the root cause to enhance overall resiliency and incident management. These include enhancing processes and resources to improve business continuity, incident management and the timeliness and effectiveness of crisis communications.
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EEX New Participants Dutch And Belgian Financial Power Futures
Date 24/06/2015
The following participants have been admitted to exchange trading for Dutch and Belgian Financial Power Futures:
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CME Group And BarclayHedge Honor Managed Futures Leaders At Fourth Annual Managed Futures Pinnacle Awards
Date 24/06/2015
CME Group, the world's leading and most diverse derivatives marketplace, and BarclayHedge recognized managed futures industry leaders at the fourth annual Managed Futures Pinnacle Awards last night. The ceremony featured live entertainment by Comedian Jay Mohr.
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EEX New Participant Power Futures: C.V.A. Trading S.r.l.
Date 24/06/2015
C.V.A. Trading S.r.l. has been admitted to exchange trading for Phelix Futures, Phelix Option, French Physical Power Futures, Italian Financial Power Futures, Swiss Financial Power Futures and French Financial Power Futures.
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The Initial Approval On Converting The Amman Stock Exchange To Shareholding Company
Date 24/06/2015
The Council of Ministers approved in its session dated June 17, 2015, in-principle, on converting the Amman Stock Exchange (ASE) to a public shareholding company.
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EEX New Participant Power Futures: Enel Trade S.p.A.
Date 24/06/2015
Enel Trade S.p.A. has been admitted to exchange trading for Nordic Financial Power Futures .
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SEEPEX Targets Launch Of Serbian Day-Ahead Market By End Of November 2015 - First Organised Power Market In The Region – Compatible With European Market Coupling Initiatives From The Start
Date 24/06/2015
The project partners of the South Eastern European Power Exchange (SEEPEX) target the launch of the Serbian day-ahead market by end of November 2015, subject to successful member testing and regulatory approval. This was announced during a workshop with future members held on 24 June 2015, where Serbian, regional and European electricity market participants underlined their interest in joining an organised market in Serbia. SEEPEX will be a major step in the creation of a regional power trading solution for South Eastern Europe (SEE) and is highly anticipated by the electricity market community.
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