News Centre

CFTC: Federal Court Orders Oscar Hernandez And His Companies To Pay $1.4 Million In Penalties And Bars Him From The Commodities Industry For Operating A Commodity Pool Ponzi Scheme - In A Related Criminal Proceeding, Hernandez Sentenced To 57 Months Imprisonment And Ordered To Pay Restitution

Date 01/10/2012

The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained a federal court order requiring defendants Oscar Hernandez of Miami, Fla., and Midway Trading Company, LLC (Midway) and Conquest Investment Group, Inc. (Conquest), both Florida companies owned and controlled by Hernandez, to pay a $1.4 million civil monetary penalty to settle CFTC charges that they operated a multi-million dollar commodity pool Ponzi scheme and misappropriated customer funds for personal use (see CFTC Press Release 6118-11, September 30, 2011).

Component Changes Made To Euro STOXX Select Dividend 30 Index

Date 01/10/2012

STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced changes in composition of the EURO STOXX Select Dividend 30 Index which will become effective October 4, 2012.

Trading Activity In VIX Futures Spurs CFE To Busiest Month In History - Several All-Time Highs Reached During Record-Setting Month

Date 01/10/2012

The CBOE Futures Exchange, LLC (CFE^®) announced today that September 2012 was the most-active trading month ever for futures on the CBOE Volatility Index^® (VIX^®).  The record trading activity in VIX futures drove total volume at CFE to a new all-time high.  During the month, several new trading records -- for both VIX futures and CFE -- were set.   

Second Meeting Of The Financial Stability Board Regional Consultative Group For The Middle East And North Africa

Date 01/10/2012

Today,  the  Central  Bank  of  Kuwait  hosted  the  second  meeting  of  the  FSB Regional Consultative Group for the Middle East and North Africa (RCG-MENA) in Kuwait City. In 2011, six regional consultative groups of the FSB were established responding to the call of the G20 Leaders at the Toronto Summit (June 2010), to bring together financial authorities from FSB member and non-member countries to exchange views on vulnerabilities affecting financial systems and on initiatives to promote financial stability.

CBOE Holdings Reports September 2012 Consolidated Trading Volume: 92.9 Million Total Contracts - 4.9 Million Contracts ADV

Date 01/10/2012

• CBOE Holdings Volume Up 23% from August
• VIX Futures - Busiest Month Ever, ADV Up 170% from Year Ago

KCBT HRW Wheat Futures & Options Open Interest Increases In September

Date 01/10/2012

Kansas City Board of Trade HRW wheat futures and options open interest increased during the month of September when compared to last month.

CFE To Launch S&P 500 Variance Futures On October 4 - New Contract Mirrors Quoting Conventions And Economic Performance Of Over-The-Counter S&P 500 Variance Swaps

Date 01/10/2012

CBOE Futures Exchange, LLC (CFE) today announced that it will launch trading in S&P 500 Variance futures on Thursday, October 4, pending regulatory approval.

BOX Options Exchange Price Improvement Activity For September

Date 01/10/2012

In the month of September, price improved contracts on BOX Options Exchange (“BOX”) averaged 268,423 per day.  Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction (“PIP”) averaged $155,991 per day, while total savings to investors this month were $3.0 MM.  With this, BOX has saved investors over $401 MM since its inception in 2004.  Overall average daily trading volume on BOX in the month of September was 571,697 contracts.

BM&FBOVESPA Begins Trading In The S&P 500 Futures Contract - S&P 500 Futures Contract, Derivative

Date 01/10/2012

This Monday, October 01, BM&FBOVESPA begins trading in the S&P 500 futures contract settled in cash to the price of the S&P 500 Index futures contract, listed and traded on the CME Group. This is the first futures contract traded on the Brazilian Exchange to reference a U.S. stock index.

ISE Reports Business Activity For September 2012

Date 01/10/2012

• ISE was the second largest equity options exchange in September with market share of 18.2%, excluding dividend trades.
• Dividend trades made up 8.8% of industry volume in September 2012.