News Centre

Tom Groenfeldt Reports: European Trading In Dark Pools Amounts To Just 11 Percent

Date 13/11/2013

The TABB Group, which over the summer announced that trading in European dark pools had passed 10 percent of total volume, has just issued a report saying the total dark volume now is 11 percent, just a fraction of the 40 percent often bruited about.

Supporting SME Development, Economic Restructuring And Upgrading - Shenzhen Stock Exchange Chairman Chen Dongzheng Spoke At The 53rd WFE Annual Conference On 29 October, 2013

Date 13/11/2013

On 29 October, 2013, Mr. Chen Dongzheng, Chairman of SZSE attended the 53^rd annual conference of World Federation of Exchanges (WFE) in Mexico. Mr. Chen delivered a speech on Panel One on the subject of “Supporting SME Development, Economic Restructuring and Upgrading.” Focusing on the subject, Mr. Chen introduced the situation in China based on Chinese financial market and SZSE practical experience. 

Materials Used In The International Conference On “Financial Regulation And Growth In Asia”

Date 13/11/2013

The Financial Services Agency (FSA) hosted the international conference on “Financial Regulation and Growth in Asia” on 29 October, 2013, in Tokyo.

Seize The Opportunity For Reform, Strive To Lead Economic And Social Transition - Speech By Madam Song Liping, President & CEO Of Shenzhen Stock Exchange, At The 2013 Annual Meeting Of China Association For Listed Companies

Date 13/11/2013

Distinguished Guests, Ladies and Gentlemen,

Since the beginning of this year, in response to the complicated economic situation, the CPC Central Committee and the State Council have been unswervingly implementing policies to deepen reforms, consistently enable people to share in the benefits from reforms, galvanize market vitality and ballast social expectation. According third-quarter financial reports, the over 1,500 companies listed on three market sections saw operating income up by 12.5% and net profit up by 17%. Listed companies recorded double-digit growth in both revenue and profit. This result was achieved while the economy was experiencing accelerated restructuring and severe pain in resolving the issue of excess capacity. It reinforces our confidence and resolve to promote reform and structural adjustment.

SIFMA Statement On Massad Nomination

Date 13/11/2013

SIFMA today released the following statement from former Senator Judd Gregg, CEO, and Kenneth E. Bentsen, Jr., president, after President Obama nominated Timothy Massad to chair the Commodity Futures Trading Commission (CFTC):

"SIFMA congratulates Timothy Massad on his nomination to chair the Commodity Futures Trading Commission. Timothy Massad has an impressive background in law and public service at the U.S. Treasury. Should he be confirmed, his combination of legal expertise and industry knowledge will benefit the CFTC as it continues its important and challenging work to implement the new regulatory framework under Dodd-Frank."

Statement Of CFTC Chairman Gary Gensler On Nomination Of Timothy Massad To Be CFTC Chairman

Date 12/11/2013

"I thank President Obama for the confidence he placed in the CFTC staff when, along with Congress, he called upon the agency to reform the $400 trillion swaps market. The talented and dedicated staff met the challenge and has brought transparency, competition and oversight to a once dark, closed market. The public and the economy now are benefitting from these reforms.  I want to congratulate Tim Massad on his nomination today and on the opportunity to lead this remarkable agency. Subject to Senate confirmation, I look forward to working with Tim to ensure a smooth transition. It has been an honor for me to take part in the President’s reform agenda, and I thank him for the privilege.”

iSTOXX® Efficient Capital® Managed Futures 20 Index, October 2013 – Monthly Report & Commentary

Date 12/11/2013

The iSTOXX® Efficient Capital® Managed Futures 20 Index, developed by STOXX Limited in collaboration with Efficient Capital® Management, a leading provider in the Managed Futures space, represents the performance of 20 of the largest Managed Futures Traders. Strict rules about minimum assets under management, existing track record and fee structure are applied to the initial universe of CTAs to ensure market representativeness. STOXX® independently constructs, calculates and publishes the index value on a daily basis, while Efficient Capital serves as a research partner.

Statement Of U.S. Treasury Department Secretary, Jacob J. Lew, On The President’s Nomination Of Tim Massad To Lead The Commodity Futures Trading Commission

Date 12/11/2013

"I am pleased the President has nominated Tim Massad to be the next Chairman of the Commodity Futures Trading Commission. Tim is a trusted leader who has extensive public service and private sector experience.

CFTC: Federal Court In Massachusetts Orders Lyndon Parrilla To Pay Over $17 Million In Disgorgement, Restitution, And A Penalty In Forex Fraud Scheme -In A Related Criminal Proceeding, Parrilla Sentenced To 97 Months In Prison And Ordered To Pay Restitution Of More Than $4.6 Million

Date 12/11/2013

The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court Order awarding restitution for defrauded customers, disgorgement, and a civil monetary penalty totaling more than $17 million against defendant Lyndon Parrilla, of California, in connection with an off-exchange foreign currency (forex) fraud scheme in which Parrilla and his company, Green Tree Capital (Green Tree), defrauded over 50 customers in the United States of over $4 million.

SEC Announces First Deferred Prosecution Agreement With Individual

Date 12/11/2013

The Securities and Exchange Commission today announced a deferred prosecution agreement with a former hedge fund administrator who helped the agency take action against a hedge fund manager who stole investor assets.