News Centre

December 2013 FIF Market Share And Market Dynamics Reports – Executive Summary

Date 10/01/2014

U.S. Equities Market Share

• Share volumes traded across Tape A, B, and C totaled122.3 billion shares, an increase of 3.7% monthly, and2.3% annually.
• In December 2013, off-exchange trading accounted for37% of the shares traded in NMS Equity Securities, a slight decrease of 0.5% compared to last month.
• NYSE-listed securities share volume was 65.2 billion shares, an increase of 2.1% monthly and decrease of 2% annually.
• Share volume in NASDAQ-listed securities was 37.2 billion shares, a 3.7% monthly and 10.2% annual increase.

SIFMA Statement On TPA Legislation

Date 09/01/2014

SIFMA today issued the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, in response to Trade Promotion Authority (TPA) legislation introduced by Senators Max Baucus (D- Mont.) and Orrin Hatch (R-Utah) and Representative Dave Camp (R-Mich.). 

Bloomberg Announces Immersive Brand Experience At London City Airport - First Bloomberg Hub 
Will Deliver Enhanced Connectivity To Business Travellers In A Dynamic, Living Environment

Date 09/01/2014

Bloomberg L.P., the global business and financial information and news leader and London City Airport (LCY) today announce a three-year agreement to install an immersive, technology-driven Bloomberg brand experience brought to life across a number of physical and digital touch points within the airport.

SIFMA Statement On The MSRB's Request For Comment On Draft MSRB Rule G-42

Date 09/01/2014

SIFMA today released the following statement from Leslie Norwood, managing director, associate general counsel and co-head of SIFMA's municipal securities division, on the MSRB's request for comment on draft MSRB Rule G-42, on duties of non-solicitor municipal advisors:

"SIFMA is pleased that the MSRB has released its request for comment on the standards of conduct for municipal advisors.  We feel that all municipal advisors need to understand the scope of their duties and how the term 'fiduciary duty' will be defined for this context. However, we are concerned with a key aspect of this rule proposal."

NASDAQ OMX December 2013 Volumes, 4Q13 Est. Revenue Capture

Date 09/01/2014

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today reported monthly volumes for December 2013, and quarterly volumes and estimated revenue capture for the quarter ended December 31, 2013, on its investor relations website.

A data sheet showing the monthly volumes & quarterly capture rates can be found at:http://ir.nasdaqomx.com/monthly-reporting/

Canadian Securities Administrators Publishes Guidance For Know-Your-Client, Know-Your-Product And Suitability Obligations

Date 09/01/2014

The Canadian Securities Administrators (CSA) today published CSA Staff Notice 31-336 Guidance for Portfolio Managers, Exempt Market Dealers and Other Registrants on the Know-Your-Client, Know-Your-Product and Suitability Obligations (Notice).

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

Date 09/01/2014

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.

New York Attorney General Schneiderman Announces Agreement With BlackRock To End Its Analyst Survey Program Worldwide - Groundbreaking Agreement With BlackRock The First Reform Resulting From Industry-Wide Investigation Into Early Access To Analyst Sentiment - Schneiderman: Agreement With BlackRock To End Analyst Survey Program And Cooperate With Investigation Into “Insider Trading 2.0” A Major Step Forward

Date 09/01/2014

Attorney General Eric T. Schneiderman announced today the first major reform resulting from his industry-wide investigation into the early release of Wall Street analyst sentiment, a practice that provides an unfair advantage to elite and technologically sophisticated market players at the expense of others in the market. This follows a separate reform secured by the Attorney General in which Thomson Reuters agreed to stop selling an early release of consumer survey data to high-frequency traders. 

Euronext Strengthens Senior Management Team

Date 09/01/2014

Euronext N.V., a wholly owned subsidiary of IntercontinentalExchange Group (NYSE: ICE), today announced a series of management changes that will support and strengthen development in Europe. The new senior management structure, according to Dominique Cerutti, Chief Executive of Euronext, “will accelerate our targeted growth opportunities in Europe by bringing outstanding additional talent to our leadership team as we address the rapidly changing and increasingly competitive global landscape.”

SEC Announces 2014 Examination Priorities

Date 09/01/2014

The Securities and Exchange Commission today announced its examination priorities for 2014, which cover a wide range of issues at financial institutions, including investment advisers and investment companies, broker-dealers, clearing agencies, exchanges and other self-regulatory organizations, hedge funds, private equity funds, and transfer agents.