News Centre

NASDAQ OMX: Statement On Global Index Data Service (GIDS 2.0)

Date 29/10/2013

Global Index Data Service (GIDS 2.0) experienced a brief disruption of service and recovered at 12.37 pm EDT. NASDAQ OMX continues to investigate the issue. No equity exchange operations have been impacted. 

Remarks Of CFTC Chairman Gary Gensler Before The Maret Business Club

Date 29/10/2013

Hello, thank you Isaac for that kind introduction, but I think you could have just said I’m Isabel’s dad. I’m honored to have the opportunity to speak to the Maret Business Club.

Deutsche Börse AG Publishes Results For The Third Quarter Of 2013 - Net Revenue Of €458 Million - Operating Costs Of €236 Million Excluding Exceptional Items - Option To Settle With OFAC Results In A Provision - Adjusted EPS Of €0.83 - Interest Burden Significantly Reduced Due To Refinancing

Date 29/10/2013

Rabobank Settles Libor And Euribor Investigations - Rabobank To Take Strong Remedial Measures

Date 29/10/2013

1. Rabobank has entered into settlements with various authorities and agreed to pay approximately EUR 774 million.
2. Piet Moerland resigns with immediate effect as Chairman of the Bank’s Executive Board and is succeeded by Rinus Minderhoud on an interim basis.
3. 30 Rabobank employees were in some way involved in inappropriate conduct.
4. Rabobank did not sufficiently appreciate the risks associated with the Libor and Euribor submission processes.
5. The Executive and Supervisory Boards of Rabobank sincerely regret these matters.
6. Top management was neither involved in nor aware of inappropriate conduct.
7. Rabobank took strong disciplinary action.
8. Rabobank has launched a comprehensive package of measures to enhance compliance, reduce risk and improve culture.
9. Rabobank has taken extensive steps to strengthen systems and controls relating to its interest rate benchmark submission processes.
10. Rabobank will remain financially stable despite the payment of these significant settlement amounts.

CFTC: Federal Court Orders California Man Jeffrey Gustaveson To Pay Over $1.6 Million For Fraud Misappropriation, And False Account Statements In Commodity Pool Scheme

Date 29/10/2013

The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court Order awarding restitution for defrauded commodity customers and a civil monetary penalty against DefendantJeffrey Gustaveson of Morgan Hill, California, in connection with a commodity pool investment scheme. The Order requires Gustaveson to pay a civil monetary penalty of $1,230,000 and $410,000 in restitution. The Order also imposes permanent trading and registration bans against Gustaveson and prohibits him from violating the Commodity Exchange Act, as charged.

US Treasury Takes Next Step In Effort To Curtail Offshore Tax Evasion - Releases Proposed Guidance for Foreign Financial Institutions under the Foreign Account Tax Compliance Act

Date 29/10/2013

The U.S. Department of the Treasury and the Internal Revenue Service today issued a notice for foreign financial institutions (FFIs) to comply with the information reporting and withholding tax provisions of the Foreign Account Tax Compliance Act (FATCA).  FATCA is rapidly becoming the global standard in the effort to curb offshore tax evasion.  To date, Treasury has signed nine IGAs, has reached 16 agreements in substance, and is engaged in related conversations with many more jurisdictions.

Federal Court Orders Louis J. Giddens, Jr., Anthony W. Dutton, And Michael Gomez To Pay Combined Restitution And Penalties Of Over $400,000 For Foreign Exchange Currency Scheme - Court Order Stems From A CFTC Complaint That Charged Dutton With Solicitation Fraud And Dutton And Gomez With Misappropriation Of Customer Funds

Date 29/10/2013

The U.S. Commodity Futures Trading Commission (CFTC) obtained a consent Order from the U.S. District Court for the Northern District of Georgia against Defendants Louis J. Giddens, Jr. of Fayetteville, Georgia, Anthony W. Dutton of Peachtree City, Georgia, and Michael Gomez of Valrico, Florida, requiring them to pay restitution to investors, respectively, of $29,759.49, $56,604.35, and $68,000 and to pay a civil monetary penalty of $100,000, $100,000, and $75,000, respectively. The court’s Order also imposes permanent trading and registration bans against them, and prohibits them from violating the anti-fraud provisions of the Commodity Exchange Act, as charged.

NYSE Technologies Connects SuperFeed To The New HKEx Orion Market Data Platform

Date 29/10/2013

NYSE Technologies, the commercial technology division of NYSE Euronext (NYX), today announced that it is offering consolidated market data from the HKEx Orion Market Data (OMD) Platform via SuperFeed™. This cost effective service, that now includes market information from the HKEx OMD Platform, is available from October 2013. SuperFeed™ in Hong Kong enables colocated and remote proximity market participants to receive direct data feed content and value-added services from NYSE Technologies.

Statement Of CFTC Commissioner Scott D. O’Malia On The CFTC’s Voluntary Dismissal Of Its Appeal Of The 2011 Position Limits Rule

Date 29/10/2013

Today, the Commission has voted to dismiss its appeal of the federal district court decision to strike down the Commission’s 2011 position limit rule.

NASDAQ OMX Stockholm Orders HCS Holding AB To Pay A Fine

Date 29/10/2013

The Disciplinary Committee of NASDAQ OMX Stockholm AB (“the Exchange”) has found that HCS Holding AB (“HCS”), whose shares are traded on First North, has contravened the First North Nordic Rulebook (“the Rulebook”) in respect of disclosures and has ordered HCS to pay a fine of SEK 100,000 corresponding to two annual fees.