News Centre

U.S. Options Marts Suffer Another Systems Snafu - OPRA Data Issue

Date 16/09/2013

Options trading was halted sporadically across all U.S. markets today due to an OPRA data issue.

CFTC Announces Vincent A. McGonagle As Director Of The Division Of Market Oversight

Date 16/09/2013

Commodity Futures Trading Commission (CFTC) Chairman Gary Gensler today announced that Vincent A. McGonagle has been named the new Director of the Division of Market Oversight (DMO). Mr. McGonagle has served at the Commission for nearly 16 years in various management capacities in the Division of Enforcement (DOE). Mr. McGonagle will assume his new role effective October 7, 2013.

Deutsche Börse: Unscheduled Free Float Adjustment In MDAX - Adjustment For Kabel Deutschland Holding AG As Of 19. September 2013

Date 16/09/2013

Deutsche Börse has announced an unscheduled adjustment to the free float of Kabel Deutschland Holding AG in MDAX. Due to the takeover by Vodafone Vierte Verwaltungsgesellschaft mbH, the free float of Kabel Deutschland Holding AG has changed more than 10 percentage points. According to the Deutsche Börse Guide to the Equity Indices, the company’s free float will thus be reduced from the current 100 percent to 23.52 percent.

Statement From U.S. Treasury Secretary Jacob J. Lew On The Five-Year Anniversary Of The Financial Crisis

Date 16/09/2013

“Five years ago, a devastating crisis hit our financial system.  The ensuing economic recession, unlike anything we had seen since the Great Depression, was not caused by a single firm or a single event.  It was the culmination of many factors, including excessive risk taking, the accumulation of too much debt, and an outdated regulatory structure. "

IMF Completes First Review Under Extended Fund Facility Arrangement For Cyprus And Approves €84.7 Million Disbursement

Date 16/09/2013

The Executive Board of the International Monetary Fund (IMF) today completed the first review of Cyprus’s performance under an economic program supported by a three-year, SDR 891 million (about €1 billion, or US$1.3 billion) Extended Fund Facility (EFF) arrangement. The completion of this review enables the disbursement of SDR 74.2 million (about €84.7 million, or US$113.1 million), which would bring total disbursements under the arrangement to SDR 148.5 million (about €169.4 million, or US$226.2 million). The Executive Board also approved the authorities’ request for modification of performance criteria on September 2013 fiscal targets.

CFTC Orders Futures Broker Employee Susan Butterfield To Pay $50,000 Penalty In Settlement Of Charges Of Making False Statements To The CFTC During Her Investigative Testimony

Date 16/09/2013

The U.S. Commodity Futures Trading Commission (CFTC) today announced that it entered an Order requiring Susan Butterfield of New Lenox, Illinois, to pay a $50,000 civil monetary penalty for making false statements of material fact in testimony to CFTC staff during a CFTC Division of Enforcement investigation.  The Order enforces the false statements provision of the Commodity Exchange Act (CEA), which was added by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act).

August 2013 FIF Market Share And Market Dynamics Reports - Executive Summary

Date 16/09/2013

U.S. Equities Market Share

• Share volumes traded across Tape A, B, and C totaled 120.3 billion shares, a decrease of 4.7% monthly and 3.8% annually.
• In August 2013, off-exchange trading accounted for 36.7% of the shares traded in NMS Equity Securities, a decrease of 0.2% compared to last month.
• NYSE-listed securities share volume was 65 billion shares, a decrease of 4.7% monthly and 7.6% annually.
• Share volume in NASDAQ-listed securities was 32.3 billion shares, a 7.7% monthly and annual decrease.

The Chartered Institute For Securities & Investment “CISI” And Palestine Capital Market Authority “PCMA” Announce World’s First Entry Level Qualification For Market Participants

Date 16/09/2013

The CISI (Chartered Institute for Securities & Investment) and the Palestine Capital Market Authority have created the world’s first entry level qualification for participants in the Palestine Capital Markets - a milestone in the development of the Palestinian Capital Market. The Palestine Sector Rules and Regulations Qualification (PSRRQ), is launched today and the first exam sitting will take place in Ramallah 21st September 2013.

FESE European Equity Market Report - August 2013 Figures

Date 16/09/2013

The European Equity Market Report is a piece of analysis that allows for an accurate comparison of trading statistics across European trading venues.

Thomson Reuters Adds Countries Of Risks To Its Leading Entity Risk Solution - Algorithm Measures Exposure Of A Firm To Multiple Countries

Date 16/09/2013

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced the launch of an enhanced entity risk offering to help financial institutions, including custodian banks, regional banks and fund administrators, better identify and manage their portfolio risk and regulatory reporting requirements. As part of the enhanced offering, customers are now able to measure their aggregate exposure to an entity’s countries of risks. The solution is powered by StarMine’s algorithm and uses Thomson Reuters entity and fundamentals data as well as GDP data from the IMF. It makes adjustments where appropriate to provide full transparency into the factors used to create the weightings that drive the algorithm.