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CFTC Orders William J. Hionas And His Florida Firms, Pan American Metals Of Miami And Pan American Metals Of Miami Beach, To Pay Approximately $4.7 Million In Restitution And A Monetary Penalty For Fraudulent Off-Exchange Transactions In Precious Metals

Date 29/07/2013

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and settling charges against two Miami, Florida, companies, Pan American Metals of Miami, LLC and Pan American Metals of Miami Beach, Inc. (together, the Pan American Companies), and their owner and principal, William J. Hionas, for engaging in illegal, fraudulent off-exchange financed transactions in precious metals with retail customers.  The Pan American Companies are based in Miami Beach, Florida, and Hionas resides in Sunny Isles, Florida. Neither has ever been registered with the CFTC.

Amendment To MIAX Options Fee Schedule Extended Through August 30, 2013

Date 29/07/2013

MIAX_RC_2013_45 refers to the MIAX Options Exchange's extension of the temporary waiver of all MIAX Market Maker transaction fees through August 30, 2013.  The amended MIAX Options Fee Schedule is posted on the MIAX website at http://www.miaxoptions.com/content/fees.

CBOE Futures Exchange's Expanded Trading Hours Initiative To Begin In Late September

Date 29/07/2013

CBOE Futures Exchange, LLC (CFE®) today announced that the first phase of its previously announced plans to expand CBOE Volatility Index® (VIX® index) futures trading hours will begin in late September, with the second phase to begin in the weeks that follow.

Hellenic Exchanges S.A. - HELEX H1 2013 Financial Results - €35.8m Net After Tax Profits

Date 29/07/2013

IntercontinentalExchange Announces August 12 Launch Of 25 New Oil And Freight Futures Contracts

Date 29/07/2013

IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, today announced the introduction of 25 new oil and freight contracts on August 12, 2013.

OpenGamma And Risk Focus Partner To Deliver Real-Time Risk Management Solutions

Date 29/07/2013

OpenGamma, creators of the first open-source analytics and risk management platform for the financial services industry, today announced that it is has partnered with Risk Focus, a specialist consultancy delivering enterprise risk management, derivatives trading and connectivity solutions. The partnership will combine OpenGamma’s comprehensive risk technology with the proven delivery capabilities of Risk Focus to provide real-time, enterprise risk management solutions to global financial services firms. 

TeraExchange Files SEF Application With CFTC

Date 29/07/2013

TeraExchange filed its application to become a Swap Execution Facility (SEF) with the Commodity Futures Trading Commission (CFTC) on Friday July 26th, 2013. 

SEC Approves ISE's Form 1 Application For ISE Gemini(TM) ISE Gemini Set To Launch On August 5, 2013

Date 29/07/2013

The International Securities Exchange (ISE) announced that the SEC has approved its Form 1 application for ISE Gemini(TM), ISE's second options exchange that will complement its existing market. Set to launch on August 5, 2013, ISE Gemini will ramp up over several weeks, beginning with a small number of symbols and eventually trading all of the most active options classes.

OCC Announces Leadership Changes

Date 29/07/2013

OCC announced today that Chairman and Chief Executive Officer Wayne P. Luthringshausen will retire effective December 31, 2013. Pending regulatory approval, OCC will separate the roles of Chairman and CEO upon Mr. Luthringshausen’s retirement. After an extensive national search OCC’s Board of Directors has named Michael E. Cahill as CEO effective January 1, 2014. The Board’s process for filling the new Executive Chairman position is ongoing.

Dubai Mercantile Exchange Appoints Head Of Customer Relations

Date 29/07/2013

DME, the premier international energy futures and commodities exchange in the Middle East, today announced the appointment of James Lear as Head of Customer Relations.