News Centre

TOM (The Order Machine) Welcomes NASDAQ OMX As Shareholder

Date 10/12/2012

TOM (The Order Machine) today announced that NASDAQ OMX has acquired an equity stake of 25% in TOM. Additionally, there is an option for NASDAQ OMX to expand its stake in TOM to 50.1% in the future. The cooperation is expected to lead to technological innovations in equity and options trading and to further expansion of TOM in Europe.

S&P Dow Jones Indices Announces Changes To The S&P/TSX Canadian Indices - A Deletion From The S&P/TSX Composite Index

Date 10/12/2012

S&P Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:

The shareholders of Progress Energy Resources Corp. (TSX:PRQ) have voted to accept the terms of an arrangement agreement with PETRONAS Canada whereby the shares of Progress Energy will be acquired for cash consideration of $CDN22.00 per share. Progress Energy will be removed from the S&P/TSX Composite and Capped Composite, the S&P/TSX Equity and Capped Equity, the S&P/TSX Completion and Equity Completion, the S&P/TSX Capped Energy, the S&P/TSX Composite Dividend and the S&P/TSX Composite Equal Weight Indices after the close of trading on Friday, December 14, 2012. 

NASDAQ OMX Acquires 25% Of Dutch Derivatives Trading Venue TOM

Date 10/12/2012

NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the acquisition of 25 percent of the Dutch cash equity and equity derivatives trading venue TOM, The Order Machine. The agreement also includes an option for NASDAQ OMX to acquire an additional 25.1 percent of the remaining shares and secure a majority stake in TOM.

CFTC’s Division Of Market Oversight Issues Time-Limited No-Action Relief For Part 20 Reporting Entities Regarding Identifying Information And For Part 45 And Part 46 Reporting Counterparties Regarding Legal Entity Identifiers And Other Identifying Information

Date 10/12/2012

The Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) issued a letter providing reporting parties under Parts 20, 45 and 46 of the Commission’s regulations with time-limited no-action relief from requirements to report certain identifying information regarding their non-reporting counterparties. The Division’s no-action letter addresses Legal Entity Identifiers, other identifying swap data fields pursuant to Parts 45 and 46, and large swap trader counterparty identification information pursuant to Part 20. To avail themselves of the relief, reporting parties must first meet specific criteria set forth in the no-action letter, and must also comply with certain conditions attached to the relief. The no-action letter permits reporting parties to fulfill their reporting obligations while acknowledging certain non-U.S. privacy laws, provided that specific conditions are met. The relief expires no later than June 30, 2013.

Response From The International Swaps And Derivatives Association Inc. (“ISDA”) To The BBA Consultation Paper On The Proposal To Implement Recommendation Number 6 Of “The Wheatley Review Of LIBOR”

Date 10/12/2012

As previously noted in our response to the Wheatley Review of LIBOR initial discussion paper (“Wheatley Response”), ISDA fully recognises the importance of “reforming” LIBOR in terms of its governance and transparency and welcomes the opportunity to comment on the specific aspect of reducing the number of currencies and maturities for which LIBOR covers.

CFTC Accepting Public Comment On An Amended Request From The Chicago Mercantile Exchange Inc. To Adopt New Chapter 10 (“Regulatory Reporting Of Swap Data”) And New Rule 1001 (“Regulatory Reporting Of Swap Data”) Of CME’s Rulebook

Date 10/12/2012

The Commodity Futures Trading Commission (Commission) is accepting public comment on an amended request from the Chicago Mercantile Exchange Inc. (CME) for approval of a rule (Rule 1001) submitted pursuant to section 40.5 of the Commission’s regulations. 

ESMA Announces A Vacancy For A Senior Officer For Corporate Finance

Date 10/12/2012

To view the vacancy and to apply, please click here.

Composition Of Tel Aviv Stock Exchange Equity Indices As Of December 16th, 2012

Date 10/12/2012

As of December 16th, 2012 the composition of the equity indices will be updated.

For the Excel file regarding changes in indices constituents, click here .
For the PDF file regarding changes in indices constituents, click here .

Hellenic Republic Announces Extension Of Invitation Period In Relation To The Exchange Offer Transaction

Date 10/12/2012

The Hellenic Republic (the “Republic”)  announced  today that it has decided to extend the period for submission of additional participation instructions in respect of all securities  eligible  to  participate  in  the  Republic’s  invitation  (the  “Designated  Securities”) announced on 3 December 2012 (the “Invitation”) to offer to exchange Designated Securities for six-month notes to be issued by the European Financial Stability Facility (the “EFSF” and the “EFSF  Notes”)  until  12:00  p.m.  (London  time)  on  Tuesday,  11  December  2012  (which  will become the “Expiration Deadline” for the purposes of the Invitation). The extension will allow holders of Designated Securities who have not yet offered them for exchange pursuant to the Invitation to participate in the Invitation. However, holders of Designated Securities that submitted participation instructions prior to the initial expiration deadline (being 5.00 p.m. (London time) on Friday,  7  December  2012)  will  not  have  the  right  to  revoke  or  modify  such  participation instructions.

CFTC: Federal Court In Texas Orders Houston-Based Defendants Christopher Daley And His Company, TC Credit Service d/b/a Del-Mair Group, To Pay Over $2.6 Million For Fraud In A Commodity Pool Scheme - Court Finds That Defendants Fraudulently Solicited And Accepted Over $1.4 Million From Customers To Trade Crude Oil Futures Contracts In A Commodity Pool

Date 10/12/2012

The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court order against defendants Christopher D. Daley and his firm, TC Credit Service, LLC doing business as Del-Mair Group, LLC (DMG), both of Houston, Texas, requiring Daley and DMG to jointly pay $654,183 in restitution to defrauded investors and a civil monetary penalty of $1,995,000. The order also imposes permanent trading and registration bans against the defendants and prohibits them from violating the anti-fraud provisions of the Commodity Exchange Act and CFTC regulations, as charged.