News Centre

CBOE Futures Exchange Sets An All Time Record

Date 01/08/2014

Over 500,000 contracts were traded today at CBOE Futures Exchange setting an all time record.

MIAX Options Exchange: MIAX Options - Interface Specification (FOI & CTD) Updates To Support Additional Billing Parameters For The MIAX Price Improvement Mechanism (PRIME™)

Date 01/08/2014

The MIAX Options Exchange has just released updated Interface Specifications for the MIAX FIX Order Interface (FOI) and Clearing Trade Drop (CTD) to support additional billing parameters for the MIAX Price Improvement Mechanism (PRIME™).

CFTC Charges Florida-Based Southern Trust Metals, Inc. And Robert Escobio, And His BVI-Based Entity Loreley Overseas Corp., With Operating An Illegal Precious Metals Scheme, Among Other Violations - Defendants Solicited Over $3.5 Million From Customers In The Precious Metals Scheme And In A Separate Unlawful Commodity Futures And Options Scheme

Date 01/08/2014

The U.S. Commodity Futures Trading Commission (CFTC) filed a civil enforcement Complaint in the U.S. District Court for the Southern District of Florida against Defendants Southern Trust Metals, Inc.(ST Metals) and Robert Escobio, both of Coral Gables, Florida, and Loreley Overseas Corp. (Loreley), a British Virgin Island entity that Escobio incorporated in 2004. The CFTC Complaint charges that, from at least July 16, 2011 to May 1, 2013, the Defendants operated a scheme that defrauded retail customers in connection with illegal, off-exchange, financed precious metals transactions. In operating the precious metals scheme, the Defendants received more than $2.6 million from at least 135 customers, who collectively lost $600,000 of the funds invested with ST Metals, according to the Complaint,

SEC Obtains Nearly $70 Million Judgment Against Richmond, Va.-Based Firms And CEO Found Liable For Defrauding Investors

Date 01/08/2014

The Securities and Exchange Commission today announced that it has obtained a final judgment in federal court in Tennessee requiring a Richmond, Va.-based financial services holding company, a subsidiary brokerage firm, and their CEO to pay nearly $70 million as the outcome of a trial that found them liable for fraud.

CFTC Commitments Of Traders Reports Update

Date 01/08/2014

The current reports for the week of July 29, 2014 are now available.

VIX Futures Volume In Non-U.S.Trading Hours Sets New Daily Record

Date 01/08/2014

The CBOE Futures Exchange, LLC (CFE^®) today announced record trading volume in CBOE Volatility Index^® (VIX^® index) futures during non-U.S. trading hours, with an estimated 68,033 contracts changing hands. Today's record surpasses the previous record in non-U.S. trading hours of 59,505 contracts set on July 10.

OCC Announces Cleared Contract Volume Increased 10% In July

Date 01/08/2014

OCC announced today that total cleared contract volume reached 360,585,699 in July, a 10 percent increase from the July 2013 volume of 328,899,421 contracts. This represents the second highest July volume on record following the July 2008 volume of 366,783,829 contracts. OCC’s year-to-date cleared contract volume is up 0.26 percent from 2013 with2,477,587,106 contracts.

UK's Financial Conduct Authority: Defined Contribution Workplace Pensions: The Audit Of Charges And Benefits In Legacy Schemes

Date 01/08/2014

A progress update has today been published by the Independent Project Board responsible for overseeing the audit of charges and benefits in legacy defined contribution workplace pension schemes.

ESMA: MiFID II Consultation Period Closes Tonight At The Following Local Times: Midnight In Paris; -11P.M. In London - And 6P.M. In New York

Date 01/08/2014

Please note that the consultation period for the MiFID II Consultation and Discussion Papers closes tonight at the following local times:

• Midnight - Paris;
• 11p.m. - London; and
• 6p.m. - New York.

UK's Financial Conduct Authority: Temporary Restriction In Short Selling

Date 01/08/2014

The Financial Conduct Authority (“FCA”) notifies that it extends the prohibition of short selling in the following instrument applied on 31 July 2014 under Article 23(2) of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012.  This follows a decision made by the Comissão do Mercado de Valores Mobiliários (CMVM).