News Centre

Canadian Securities Regulators Encourage Canadians To Be Proactive In Preventing Investment Fraud

Date 04/03/2014

Canadian securities regulators are recognizing Fraud Prevention Month this March by encouraging investors to take early and proactive steps in protecting themselves from investment fraud.

Treasury Budget Supports Obama Administration's Efforts To Create Opportunity For All Americans

Date 04/03/2014

• View the Treasury Budget-in-Brief here
• Makes Key Investments to Strengthen the Economy and Create Jobs, Combat Threats to National Security, and Promote Financial Stability at Home and Abroad
• Boosts Resources for Taxpayer Services, Enforcement Measures to Pursue Tax Evaders, and Identifies $154 Million in FY 2015 Savings

New York Attorney General Schneiderman Announces Arraignment Of Wall Street Advisor For Stealing $4.3m From Investors - Wing K. Lim, A.K.A. Kent Lam, Owner Of Wall Street Investment, LP, Arraigned On 31-Count Indictment Charging Securities Fraud, Grand Larceny, Money Laundering - Schneiderman: My Office Will Hold Accountable Investment Advisors Who Dupe Unsuspecting Clients

Date 04/03/2014

Attorney General Eric T. Schneiderman today announced the arraignment of Wing K. Lim, also known as Kent Lam, for operating a multi-million-dollar securities fraud scheme spanning more than a year. In a 31-count indictment, a New York County grand jury indicted Lim on felony charges of money laundering, grand larceny and falsification of business records, as well as securities fraud violations under the Martin Act. If convicted, Lim faces up to 25 years in prison.

BOX Options Exchange Price Improvement Activity For February

Date 04/03/2014

In the month of February, price improved contracts on BOX Options Exchange (“BOX”) averaged 107,060 per day, which represented a 10% increase over the previous month. Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction, PIP, averaged $304,880 per day, while total savings to investors this month was $5.8MM. With this, BOX has saved investors over $478 MM since its inception in 2004. Overall average daily trading volume on BOX in the month of February was 311,467 contracts. 

US Administration's FY2015 Budget Tax Proposals Will Support The Middle Class, Boost Growth, Create Jobs Here At Home

Date 04/03/2014

View the full Greenbook here.

“The President’s Budget sets a course to put our nation on sound fiscal footing, while making the necessary, targeted investments to support the middle class, level the playing field for American businesses, create more fairness in our tax code, and lay the groundwork for long-term growth for our country,” said Treasury Secretary Jacob J. Lew.

Statement Of CFTC Commissioner Bart Chilton On The President's FY 2015 Budget

Date 04/03/2014

The purview of the Agency’s oversight, as a result of the Wall Street Reform and Consumer Protection Act (Dodd-Frank), has increased more than 40-fold, monitoring hundreds of trillions of annualized dollars of trading. I am disappointed that the President's budget, if adopted, would be insufficient to adequately fund the Agency at the levels required to oversee and enforce markets.

R.J. O’Brien Named Best FCM – Client Service At CTA Intelligence U.S. Services Awards 2014

Date 04/03/2014

R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, announced that the company was named “Best FCM – Client Service” at the CTA Intelligence U.S. Services Awards 2014 ceremony late last week. The inaugural awards issued by CTA Intelligence Magazine recognized those who have provided outstanding support and services to the North American managed futures industry over the past 12 months.

Connectivity In A Box Joins IPC’s Connexus Financial Extranet

Date 04/03/2014

IPC Systems, Inc., a leading provider of mission critical voice and electronic communication solutions to the world’s top financial services firms and global enterprises, today announced that Connectivity In A Box (CIB), a leading edge provider of FIX messaging connectivity solutions, has joined IPC’s Connexus Financial Extranet Community.

BATS Global Markets February Highlights - New Market Share Records In US, Spain, Trade Reporting

Date 04/03/2014

BATS Global Markets (BATS) today reported February volume, market share, and monthly highlights.

NASDAQ OMX eSpeed Goes Live On Trading Technologies - New Connection Enhances Trading Opportunities For The Global Fixed Income Community

Date 04/03/2014

Trading Technologies International, Inc. (TT), a global provider of high-performance professional trading software, along with The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced the release of TT's connection to NASDAQ OMX eSpeed, a fully executable central limit order book for electronic trading in benchmark U.S. Treasuries, one of the world's largest and most liquid cash markets.