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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.

CME Group Volume Averaged 14.0 Million Contracts Per Day In February 2014, Up 2 Percent From February 2013 And Up 8 Percent From January 2014

Date 04/03/2014

• Eurodollar futures average daily volume increased 21 percent and Eurodollar options increased 92 percent
• Natural Gas average daily volume increased 29 percent
• Dubai Mercantile Exchange average daily volume reached a record 10,800 contracts

UNIQA Insurance Group And Flughafen Wien New In The ATX

Date 04/03/2014

The ATX Committee decided to include the two companies, UNIQA Insurance Group and Flughafen Wien to the ATX today. These replace EVN AG and STRABAG SE. The changes to the composition of the ATX will take effect on 24 March 2014. It had become apparent that UNIQA would be added to the index already last autumn after the capital increase. The free float of the insurance company and trading volumes in the stock increased steeply on the back of this transaction and were the main reasons for the decision to include the stock in the leading index. The decisive criterion for adding Flughafen Wien to the ATX was the stock’s significant price gain and therefore higher market capitalization (free float capitalization). The leading Austrian index contains the 20 largest and most frequently traded stocks listed on the Vienna Stock Exchange.

Major Banks Join Forces With SWIFT To Manage KYC Compliance Challenges - Bank Of America Merrill Lynch, Citi, Commerzbank, JPMorgan, Societe Generale And Standard Chartered Will Work With SWIFT To Build A KYC Registry For The Industry

Date 04/03/2014

SWIFT announces that it has signed a Memorandum of Understanding (MOU) with a group of major banks to jointly develop and use SWIFT’s KYC Registry, a centralised utility for the collection and distribution of standard information required by banks as part of their due diligence processes.