News Centre

CFTC Staff Issues Time-Limited No-Action Relief To Allow Southwest Airlines And Its Counterparties Additional Time For Public Reporting Of Long-Dated Brent And WTI Crude Oil Swap And Swaption Contracts Executed By Or With Southwest Airlines

Date 06/11/2014

The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (DMO) issued time-limited, no-action relief to Southwest Airlines and its counterparties to allow additional time to comply with the reporting obligation in §43.3(a), in the context of transactions in long-dated Brent and WTI crude oil swaps and swaptions.

BOX Options Exchange Price Improvement Activity For October

Date 06/11/2014

In the month of October, price improved contracts on BOX Options Exchange (“BOX”) averaged 295,066 per day, which represented a 84% increase over the same period last year. Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction, PIP, averaged $433,947 per day, while total savings to investors this month was $10.0M. With this, BOX has saved investors over $555M since its inception in 2004.  Overall average daily trading volume on BOX in the month of October was 427,311 contracts, which represented a 20% increase over the same period last year.

ISE Holdings Reports Business Activity For October 2014

Date 06/11/2014

• ISE Gemini reported record monthly ADV (1,007,614 contracts) and market share (5.3%).
• ISE Gemini surpassed one million contracts in 12 of the 23 trading days in October.
• ISE and ISE Gemini combined represent 17.4% of equity options market share, excluding dividend trades.
• ISE and ISE Gemini reported a combined ADV of 3.3 million contracts.
• Dividend trades made up 0.3% of industry volume in October 2014.

ESAs Joint Letter To The Economic And Financial Affairs Council (ECOFiN) On The ESAs’ Budget 201

Date 06/11/2014

The European Supervisory Authorities - European Banking Authority (EBA), European Insurance and Occupational Pensions Authority (EIOPA), European Securities and Markets Authority (ESMA) - have written to the President of the Economic and Financial Affairs Council (ECOFIN) on their concerns regarding the budget negotiations for the 2015 EU budget and the budgetary constraints of the ESAs.

TSX Markets: Top 20 Largest Consolidated Short Position Report - October 31, 2014

Date 06/11/2014

Please find below the Top 20 Largest Consolidated Short Position Report Highlights. The report is produced twice monthly, effective the 15th and the end of each month. The report below covers the 2-week period ending October 31, 2014.

New Risk Controls Help Thomson Reuters FX Clients Manage Their Business More Efficiently And Effectively - Thomson Reuters Matching Launches Net Credit Calculation And Trading Controls To Enable Banks To Manage Operational Risks And Set More Effective Credit Lines To Meet Their Needs

Date 06/11/2014

Thomson Reuters, the world’s leading sourceof intelligent information for businesses and professionals, has announced toprime broker banks the launch of new risk controls and net credit functionalityfor users of Thomson Reuters Matching. These will enable banks to set and gaugecredit against their trading counterparties, and prime brokers against theirend clients, creating greater efficiencies and the optimal use of credit on the Matching platform.

NASDAQ Dubai And MCDR Sign Collaboration Agreement To Support Dual Listings By Egyptian Companies

Date 06/11/2014

NASDAQ Dubai and Misr for Central Clearing, Depository and Registry (MCDR) today signed a collaboration agreement to establish technical links, which would benefit companies wishing to dual list their shares on the Egyptian Exchange and NASDAQ Dubai.

Shenzhen Stock Exchange Launched Mergers And Acquisitions Private Placement Bonds

Date 06/11/2014

In order to carry out The Opinion of the State Council on Further Optimizing the Market Environment for the Mergers and Acquisitions of Enterprises (The State Council Issued (2014) No.14), expand the financing channel for mergers and acquisitions activities, and give a full play to capital market’s role in supporting the real economy, Shenzhen and Shanghai stock exchanges issued Circular on Trial of Mergers and Acquisitions Private Placement Bonds Business (hereinafter referred as Circular), on the basis of successful experience of trial of SME private placement bonds.

Malawi Stock Exchange Monthly Market Performance Report-October, 2014

Date 06/11/2014

Click here to download Malawi Stock Exchange's monthly market performance report for October, 2014.

Court Of Appeal Upholds Common Sense Victory For Employers In Sunrise Brokers LLP v Rodgers

Date 06/11/2014

In an important victory for all employers, the Court of Appeal has upheld the High Court injunction obtained by interdealer broker Sunrise against one of its employees who refused to work his notice period after being hired by a competitor.