News Centre

NASDAQ OMX Announces Leadership Transition In U.S. Transaction Services Business - Eric W. Noll To Join ConvergEx Group, LLC As President

Date 25/11/2013

NASDAQ OMX today announced that Eric W. Noll, Executive Vice President, Transaction Services U.S. and U.K., will be leaving the company to accept an offer to become President and the next Chief Executive Officer of ConvergEx Group. NASDAQ OMX will assess internal and external candidates for Mr. Noll's replacement, and plans to fill that role near the end of the first quarter 2014.

DTCC Limit Monitoring To Provide An Early Warning System To Help Identify Unusual Trading Activity And Trading Limit Breaches

Date 25/11/2013

The Depository Trust & Clearing Corporation (DTCC) announced that National Securities Clearing Corporation (NSCC) has filed a proposed rule change with the Securities and Exchange Commission (SEC) to provide its members with a new tool designed to serve as an early warning system that alerts those firms to trading activity that is nearing defined trading limits. Subject to regulatory approval of the filing, the tool will enable firms to effectively manage potential risk exposure for both their own accounts and their clients’ accounts for the trading in equities, corporate and municipal bonds, and unit investment trust instruments.

Penny Stock Financier Agrees To Pay $1.4 Million To Settle SEC Charges

Date 25/11/2013

The Securities and Exchange Commission today charged a New York-based penny stock financier and his firms with violating the federal securities laws when they purchased billions of shares in a pair of microcap companies and failed to register them before they were re-sold to investors for sizeable profits.

ISDA: Financial Transaction Tax: The Impacts And Arguments – A Literature Review

Date 25/11/2013

With continuing uncertainty over the potential plans for the introduction of a multi-jurisdictional financial transaction tax in Europe, PWC has compiled a literature review distilling the main points from a large body of literature that has been generated to date on the European Commission’s proposal for a harmonised FTT.

Daniel Shak, Former Principal Of SHK Management LLC, And SHK Management LLC To Jointly Pay $400,000 Penalty To Settle CFTC Charges Of Attempted Manipulation Of NYMEX Crude Oil Futures Contracts - Order Also Permanently Bans Shak And SHK From Trading In Any Crude Oil Markets And Imposes A Two-Year Ban From Trading Any Commodity During The Close

Date 25/11/2013

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges that Daniel Shak of Las Vegas, Nevada, and SHK Management, LLC (SHK) (the “Respondents”) attempted to manipulate the price of Light Sweet Crude Oil (WTI) futures contracts on the New York Mercantile Exchange (NYMEX) and violated intraday spot month speculative position limits applicable to WTI futures contracts on two days in 2008. The CFTC Order requires Shak and SHK to jointly pay a $400,000 civil monetary penalty, permanently bans Shak and SHK from trading in any Crude Oil markets, and imposes a two-year ban from trading any commodity during the Close, among other sanctions. Shak was a former principal of SHK.

Hellenic Exchanges S.A.: HELEX 9M 2013 Financial Results

Date 25/11/2013

GameAccount Network Joins The Irish Stock Exchange Raising €26.6m

Date 25/11/2013

The Irish Stock Exchange (“ISE”) welcomes GameAccount Network plc to the Enterprise Securities Market (“ESM”), the Irish Stock Exchange’s market for growth companies.

Hellenic Exchanges S.A.: 1st Repetitive General Meeting Of HELEX

Date 25/11/2013

Hellenic Exchanges S.A. Holding, Clearing, Settlement and Registry announces that on Friday November 22nd 2013, the 1st Repetitive General Meeting of shareholders of the Company was held in the “HERMES” hall at the offices of the Company. Shareholders representing 36,372,209 common registered shares and voting rights, i.e. 55.64% of the 65,368,563 total common registered shares participated.

Eurex Clearing: Zürcher Kantonalbank Joins EurexOTC Clear - Current Total Of 19 Clearing Members

Date 25/11/2013

Eurex Clearing, Europe's leading clearing house, welcomes Zürcher Kantonalbank as a new clearing member of EurexOTC Clear for Interest Rate Swaps (IRS), thus raising the number of clearing participants on EurexOTC Clear to 19. Zürcher Kantonalbank provides OTC derivates clearing in its Prime Services offering.

Lyxor ETFs Begin Trading On BATS Chi-X Europe - Lyxor Becomes Second ETF Provider To List On BATS Chi-X Europe

Date 25/11/2013

BATS Chi-X Europe today announced that the Lyxor UCITS ETF MSCI Emerging Markets (Ticker: LEMD) and Lyxor UCITS ETF EURO STOXX 50 (Ticker: MSE) began trading today on BATS Chi-X Europe’s Regulated Market.