FTSE Mondo Visione Exchanges Index:

News Centre

News

Level Global Agrees To Pay More Than $21.5 Million To Settle SEC Insider Trading Charges

Date 29/04/2013

The Securities and Exchange Commission today announced that Greenwich, Conn.-based hedge fund advisory firm Level Global Investors LP has agreed to pay more than $21.5 million to settle charges that its co-founder, who also served as a portfolio manager, and its analyst engaged in repeated insider trading in the securities of Dell Inc. and Nvidia Corp.
U.S. Treasury Secretary Jacob J. Lew To Attend G-7 Meeting Of Finance Ministers In Buckinghamshire, United Kingdom, May 10-11, 2013

Date 29/04/2013

The U.S. Department of the Treasury today announced that Treasury Secretary Jacob J. Lew will travel to the United Kingdom May 10-11, 2013 for the G-7 Meeting of Finance Ministers and Central Bank Governors to discuss measures to promote global economic stability and growth.
SEC Charges City Of Victorville, Underwriter, And Others With Defrauding Municipal Bond Investors

Date 29/04/2013

The Securities and Exchange Commission today charged that the City of Victorville, Calif., a city official, the Southern California Logistics Airport Authority, and Kinsell, Newcomb & DeDios (KND), the underwriter of the Airport Authority’s bonds, defrauded investors by inflating valuations of property securing an April 2008 municipal bond offering.
Actant To Provide Access To BATS Options - Market Makers Using Actant Quote Trading System Can Now Trade On The BATS Options Market

Date 29/04/2013

BATS Options, a U.S. equity options market operated by BATS Global Markets (BATS), and Actant, a leading provider of trading solutions for financial firms, today announced that traders using the Actant Quote trading system now have access to the BATS Options market.

Deutsche Börse AG Publishes Results For Q1/2013 - Net Revenue Of €484.3 Million - Operating Costs Of €229.5 Million After Adjustments - Adjusted Earnings Per Share Of €0.92

Date 29/04/2013

Deutsche Börse AG published its figures for the first quarter of 2013 on Monday. A slightly improved business environment meant that net revenue, at €484.3 million, was above that of the third and fourth quarter of 2012 (Q3/2012: €471.0 million, Q4/2012: €447.7 million), but down slightly on the prior-year quarter (Q1/2012: €506.9 million). This was mainly due to historically low interest rates and reduced equity market volatility. Adjusted for special items mainly in connection with the efficiency measures announced in February, the Group’s operating costs amounted to €229.5 million (Q1/2012: €225.7 million). The planned slight year-on-year increase of operating costs was attributable to higher investments in growth and infrastructure. Overall, the Group recorded adjusted earnings per share of €0.92 (Q1/2012: €1.01).

CFTC Sanctions Two Illinois Residents $400,000 And Imposes A 140-Day Trading Ban For Entering Into Unlawful Wash Sales - Kevin Mclaren And Edward Gorman Charged With Prearranging Trades Involving Corn Futures Spreads

Date 29/04/2013

The Commodity Futures Trading Commission (CFTC) today issued an order filing and simultaneously settling charges against Kevin McLaren and Edward Gorman for engaging in unlawful wash sales in corn futures spread contracts on the Chicago Mercantile Exchange in March 2010. The order imposes a $200,000 civil monetary penalty each on McLaren and Gorman, who were also ordered to cease and desist from future violations of Section 4c(a) of the Commodity Exchange Act, 7 U.S.C. § 6c(a) (2006), and Commission Regulation 1.38(a), 17 C.F.R. § 1.38(a) (2012). McLaren and Gorman were also ordered to submit to 140-day trading bans.
CFTC Sanctions Two Illinois Residents $400,000 And Imposes A 140-Day Trading Ban For Entering Into Unlawful Wash Sales - Kevin Mclaren And Edward Gorman Charged With Prearranging Trades Involving Corn Futures Spreads

Date 29/04/2013

The Commodity Futures Trading Commission (CFTC) today issued an order filing and simultaneously settling charges against Kevin McLaren and Edward Gorman for engaging in unlawful wash sales in corn futures spread contracts on the Chicago Mercantile Exchange in March 2010. The order imposes a $200,000 civil monetary penalty each on McLaren and Gorman, who were also ordered to cease and desist from future violations of Section 4c(a) of the Commodity Exchange Act, 7 U.S.C. § 6c(a) (2006), and Commission Regulation 1.38(a), 17 C.F.R. § 1.38(a) (2012). McLaren and Gorman were also ordered to submit to 140-day trading bans.
Alpha Trading Platform Moves To TMX Quantum - Update On Planned Launch Of Next Generation Equity Trading Technology

Date 29/04/2013

TMX Group today announced the successful migration of Alpha to TMX Group's proprietary trading engine, TMX Quantum. As part of TMX Group's overall integration plan, Alpha now operates on the same platform as Toronto Stock Exchange, TSX Venture Exchange and TMX Select.
UK’s Financial Conduct Authority Charges Two In Relation To An Unauthorised Investment Scheme

Date 29/04/2013

The Financial Conduct Authority (FCA) has charged Alex Hope of Docklands, London and Raj Von Badlo of Bourne End, Buckinghamshire with a total of ten offences relating to an unauthorised investment scheme they promoted and operated. The scheme purported to carry out FOREX trading for the benefit of investors and is believed to have taken over £5 million from investors.
Broadridge Launches SWIFT Global Electronic Trade Confirmation Solution - Enables Brokers To Automate Buy-Side Services And Increase Post-Trade Operational Efficiency

Date 29/04/2013

With brokerage firms under pressure to demonstrate the quality and competitiveness of their services to buy-side clients, Broadridge Financial Solutions (NYSE:BR) has today launched its solution for SWIFT Global Electronic Trade Confirmation (GETC). The solution enables sell-side institutional brokers to optimize their service provision to institutional fund managers through a fully automated confirmation and affirmation process for trade allocations. It also enables brokers to maximize STP rates and streamline their own post-trade processing and settlement operations.