News Centre

First FCM Completes Production Testing With CreditLink For Pre-Trade Clearing Certainty

Date 15/05/2013

Traiana, the leading provider of post-trade and risk solutions, announces today that the first futures commission merchant (FCM) has completed production testing for Traiana’s central risk management infrastructure for swaps clearing. With the completion of testing, this firm is ready to go live with clients trading interest rate derivatives and credit default swaps on swap execution facilities (SEFs) or designated contract markets (DCMs) with pre-trade order screening, as required under the new Dodd-Frank clearing regulations. Five additional FCMs as well as further buyside firms, fund servicing firms, and order management service providers are currently in the process of joining the service and production testing.

HKMEx Adds Glory Sky, China Maike, And Holly Su As Broking Members - - Continues Rapid Growth In Exchange Membership

Date 15/05/2013

The Hong Kong Mercantile Exchange (HKMEx), China’s global marketplace, announces today the addition of Glory Sky Global Markets Limited, China Maike Futures International Limited, and Holly Su Futures (Hong Kong) Co. Ltd. as broking members, bringing the total Exchange membership to 43 firms.

CQG Becomes Approved Independent Software Vendor On DGCX - Leading Global Trading Technology Provider Offers Trade Execution And Market Data Service To The Exchange’s Members

Date 15/05/2013

The Dubai Gold & Commodities Exchange (DGCX) today announced that CQG, Inc. a leading global provider of financial market data and trading software, has become an approved independent software vendor (ISV) on the Exchange. CQG has connected its hosted infrastructure to DGCX to deliver low-latency trade execution and market data service to the Exchange’s members.

Hong Kong's Securities And Futures Commission Proposes To Enhance Professional Investor Regime, Client Agreement Requirements

Date 15/05/2013

The Securities and Futures Commission (SFC) has today begun a three-month consultation on proposals concerning the professional investor regime and the client agreement requirements in the Code of Conduct.

Investor Structure And Characteristics Of Behavioural Changes In Shenzhen Market: Evidence From Data Of Recent Years

Date 15/05/2013

London Stock Exchange Group Announcement Of Preliminary Results For Year Ended 31 March 2013

Date 15/05/2013

• Further strong progress as the Group delivers on its strategy for growth, increased global scale and reach
• Good financial and operational performance from an increasingly diversified business against a backdrop of challenging markets
• Revenue up 7 per cent at £726.4 million (2012: £679.8 million); adjusted total income1 up 5 per cent at £852.9 million (2012: 814.8 million)
• Core operating costs1 held flat, before impact of acquisitions and FX; operating expenses¹ up 12 per cent to £422.7 million, reflecting acquisitions (2012: £378.8 million) •
• Adjusted operating profit1 3 per cent lower at £430.2 million (2012: £441.9 million); operating profit also 3 per cent down at £348.4 million (2012: £358.5 million)
• Adjusted profit before tax1 down 5 per cent at £380.7 million (2012: £400.6 million); profit before tax of £298.9 million (2012: £639.7 million, which included recognition of the increased value in FTSE)
• Adjusted basic EPS1, including tax credits, up 5 per cent at 105.3 pence (2012: 100.6 pence); basic EPS of 80.4 pence (2012: 193.6 pence, including recognition of the increased value of our interest in FTSE)
• Proposed final dividend up 4 per cent to 19.8 pence per share; total dividend for the year increased 4 per cent to 29.5 pence per share. The final dividend will be paid on 19 August 2013 to shareholders on the register on 26 July 2013
• Completion of acquisition of majority stake in LCH.Clearnet on 1 May 2013; work is underway to achieve the benefits of this transformational deal

¹ before acquisition amortisation and non-recurring items

IMF Managing Director Christine Lagarde Congratulates Roberto Carvalho De Azevêdo On Appointment As WTO Director-General

Date 15/05/2013

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today:

“I would like to extend my warmest congratulations to Roberto Azevêdo on his official appointment today by the World Trade Organization (WTO) General Council as WTO Director-General.  I am confident that under his leadership the WTO will address the important opportunities and challenges facing the multilateral trading system in the coming years."

CFTC Orders MB Trading Futures Inc., A Registered Retail Foreign Exchange Dealer, To Pay $200,000 Penalty To Settle Charges Of Violating Minimal Financial Requirement Rules

Date 14/05/2013

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against MB Trading Futures Inc. (MB Trading), a registered Retail Foreign Exchange Dealer (RFED) of El Segundo, California, for failing to comply with minimum financial requirements for registered RFEDs and Futures Commission Merchants (FCMs) that offer or engage in retail off-exchange foreign currency (forex) transactions. MB Trading has been registered with the CFTC as an FCM since February 28, 2006 and as an RFED since September 9, 2010.

Athens Exchange Derivatives Market Monthly Statistical Bulletin April 2013

Date 14/05/2013

Click here to download Athens Exchange Derivatives Market monthly statistical bulletin for April 2013.

Opening Remarks At SEC Roundtable On Credit Ratings By SEC Chairman Mary Jo White

Date 14/05/2013

Good morning everyone, and welcome to the Securities and Exchange Commission's Credit Ratings Roundtable, which I have been very much looking forward to and which will address a range of critical subjects. I would like first to extend a special welcome to our distinguished Members of Congress here today: Senator Franken, Senator Wicker, and Chairman Garrett. Thank you for taking time from your hectic schedules to speak to us today. Thank you also in advance to our distinguished panelists for contributing your time and knowledge to this roundtable.