News Centre

CME Group Announces NYMEX Brent (BZ) Trading Volume Surpasses 65,000

Date 25/06/2013

CME Group, the world's leading and most diverse derivatives marketplace, today announced it reached a trading volume record for its NYMEX Brent (BZ) crude oil futures contract yesterday, June 24, 2013. Trading volume for NYMEX Brent reached 65,065, compared to June 19, 2013, the last record day, when volume reached 54,647 contracts. 

CFTC: Federal Court Orders Chicago Resident Christopher Varlesi To Pay Over $1.3 Million To Settle Ponzi Scheme Fraud And Misappropriation Action - Varlesi Used Misappropriated Investor Funds For Business And Personal Expenses, Such As Entertainment, Travel, Restaurants, His Children’s Tuition, And Spa Treatments

Date 25/06/2013

The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained a federal court Order against Defendant Christopher Varlesi of Chicago, Illinois, individually and doing business as Gold Coast Futures and Forex, requiring him to pay restitution of more than $638,000 to defrauded investors and a $700,000 civil monetary penalty. The consent Order of permanent injunction, entered June 12, 2013, by Judge James B. Zagel of the U.S. District Court for the Northern District of Illinois, also imposes permanent trading and registration bans against Varlesi and prohibits him from violating the anti-fraud provisions of the Commodity Exchange Act (CEA), as charged.

Speech By Commissioner Mark P. Wetjen Before The Futures Industry Association (“FIA”) And Futures & Options Association (“FOA”) International Derivatives Expo

Date 25/06/2013

In 2009, G20 leaders gathered in Pittsburgh and agreed to fundamentally reform the structure and operation of the global derivatives markets. The U.S. followed through on that commitment with the adoption of the Dodd-Frank Act. The Commodity Futures Trading Commission (“CFTC”), for its part, will nearly finalize its implementation of that legislation over the coming weeks.

Moscow Exchange: Results Of The Annual General Meeting Of Shareholders

Date 25/06/2013

The Annual General Meeting of Shareholders of Moscow Exchange was held in Moscow on June 25, 2013.

CFTC Charges North Carolina Resident C. David Wright With Commodity Pool Fraud

Date 25/06/2013

The U.S. Commodity Futures Trading Commission (CFTC) announced today that on June 24, 2013, it filed a civil enforcement action charging C. David Wright of Iron Station, North Carolina, with operating a $1 million commodity pool Ponzi scheme and misappropriating participants’ funds. Wright has never been registered with the CFTC.

Interactive Brokers Group Goes Live With ISO 20022 Corporate Actions Announcement Messages

Date 25/06/2013

The Depository Trust & Clearing Corporation (DTCC) today announced that Interactive Brokers Group, Inc., a leading automated global electronic broker, has gone live with ISO 20022 corporate actions announcement messages.

Leading Market Participants Join To Form New Canadian Stock Exchange - Aequitas Seeks Broad Support To Build Innovative And Cost-Efficient Exchange That Levels The Playing Field For All Market Participants

Date 25/06/2013

• A marketplace that protects investors against predatory and opportunistic trading strategies, and where all Canadian-listed securities can be traded.
• A senior listing service for companies ready for public listing.
• Technological solutions and fee structures to reduce the financial burden on investors, issuers and dealers.
• An exempt market centralized capital-raising platform to provide early and mid-stage companies with access to capital and liquidity.

Notice regarding Japan Securities Clearing Corporation/Japan Government Bond Clearing Corporation Stock Swap Agreement And Conclusion Of Merger Agreement

Date 25/06/2013

Japan Securities Clearing Corporation (hereinafter "JSCC"), a subsidiary of Japan Exchange Group, Inc. (hereinafter "JPX"), and Japan Government Bond Clearing Corporation (hereinafter "JGBCC"), an affiliate of JPX, have been in discussions regarding a merger as disclosed in "Start of Discussions on Merger between a Subsidiary and an Affiliate" on March 7, 2013 and "Progress of Discussions on Merger between Japan Securities Clearing Corporation and Japan Government Bond Clearing Corporation" on May 15, 2013. On the assumption that approval will be received in the general shareholders meetings of each company, the Board of Directors meetings of both companies held today made resolutions to conduct a stock swap according to an agreement making JSCC the wholly-owning parent company and JGBCC the wholly-owned subsidiary (hereinafter "the stock swap"), as well as to conduct an absorption-type merger based on an agreement making JSCC the suriving company and JGBCC the merged company (hereinafter "the merger"). Details on each matter are described in the attached document. 

Quincy Data Adds NASDAQ ETFs And Extends Latency Advantage On Carteret-Aurora Route To 4.11 Milliseconds - Quincy Also Launches NJ Local Wireless Market Data Service

Date 25/06/2013

Quincy Data, LLC (www.quincy-data.com) has added highly liquid ETFs to its industry-leading Quincy Extreme Data (“QED”) service. QED now delivers the most liquid equity ETFs sourced from NASDAQ’s Carteret, NJ data center to CME Group’s  data center located in Aurora, IL in only 4.11 milliseconds rack-to-rack, a latency believed to shatter another industry record.   ETF data is also available locally over Quincy’s NJ metro wireless service, currently connecting Carteret and Secaucus: with Weehawken and Mahwah forthcoming.

Federal Reserve Board Proposes New Data Collection Requirements Related To Money Market Instruments

Date 25/06/2013

The Federal Reserve Board on Tuesday proposed new data collection requirements related to selected money market instruments. To assist the Federal Reserve in monitoring money market conditions, the proposal would require insured depository institutions with total assets of $26 billion or more, and U.S. branches and agencies of foreign banks with third party assets of $900 million or more, to report daily to the Federal Reserve on their federal funds transactions, Eurodollar transactions, and certificates of deposit.