News Centre

Dave Oxner Joins SIFMA As Managing Director

Date 02/10/2012

SIFMA today announced that it has appointed Dave Oxner as managing director of federal government affairs at SIFMA.  Mr. Oxner joins SIFMA from the office of Senator Jerry Moran (R-Kansas) where he served as policy advisor.

New York Attorney General Schneiderman Sues JPMorgan For Fraudulent Residential Mortgage-backed Securities Issued By Bear Stearns - First Legal Action Of State-Federal Residential Mortgage-Backed Securities Working Group Created By President Obama - Lawsuit Charges Bear Stearns Misrepresented Quality Of Loans, Deceived Investors & Contributed To Mortgage Crisis - Bear Stearns RMBS Trusts Incurred Billions In Losses

Date 02/10/2012

In his role as co-chair of the Residential Mortgage-Backed Securities Working Group, Attorney General Eric T. Schneiderman today announced a Martin Act lawsuit against J.P. Morgan Securities LLC (formerly known as Bear Stearns & Co. Inc.), JP Morgan Chase Bank, N.A., and EMC Mortgage LLC (formerly known as EMC Mortgage Corporation) for making fraudulent misrepresentations and omissions to promote the sale of residential mortgage­-backed securities (RMBS) to investors. According to Attorney General Schneiderman’s lawsuit, these defendants deceived investors as to the care with which they evaluated the quality of mortgage loans packaged into residential mortgage-backed securities prior to Bear Stearns & Co’s collapse in early 2008, incurring losses that have totaled approximately $22.5 billion to date.

SIFMA Honors David Brownstein With Municipal Division Honor Roll Award

Date 02/10/2012

SIFMA’s Municipal Securities Division will honor David Brownstein, managing director and co-head of  the Public Finance Department in the Municipal Securities Division at Citi, with its 2012 Honor Roll Award at a luncheon today in New York City.

OneChicago Volume Surges – Surpasses Total 2011 Volume Within First Three Quarters

Date 02/10/2012

• Volume in third quarter 2012 up a strong 105% percent as compared to the same period in 2011
• Block volume in the first nine months of 2012 exceeds more than 3.7 million contracts, further demonstrating liquidity in the marketplace

BOX Options Exchange October 2012 InBOX

Date 02/10/2012

This is the October issue of InBOX, your news source from inside the BOX Options Exchange. This monthly publication will provide convenient summaries of recent developments at BOX.

BATS Global Markets Posts U.S. Equities Market Share Of 12.4% - CXE Dark Book Is Largest MTF Dark Book In Europe - U.S. Options Market Share At 3.5% - CXE Largest MTF Dark Book In Europe

Date 02/10/2012

BATS Global Markets (BATS), a leading operator of securities markets in the U.S. and Europe, today reported September U.S. equities market share of 12.4%, the second-best monthly market share performance in the company’s seven-year history.

MGEX Presenting At Upcoming Juice Products Association Fall Business Meeting

Date 02/10/2012

MGEX, a Designated Contract Market (DCM)  and  Derivatives  Clearing Organization (DCO), will present a pre-meeting workshop, “Apple Juice Concentrate (AJC) Futures 101” at the upcoming Juice Products Association (JPA) Fall Business Meeting at the InterContinental Buckhead Hotel and Resort in Atlanta, Georgia. MGEX Corporate Secretary and Treasurer Layne Carlson, together with futures broker and past chairman of the Juice Products Association Futures Committee Kevin Barley, will hold the workshop Sunday, October14, 2012 from 3:00 p.m. to 4:30 p.m. The JPA Fall Business Meeting will run October 15 and 16.

Athens Exchange: Minimum Disclosed Volume Of Shares

Date 02/10/2012

According to paragraph 2.4.1 (b) of the Athens Exchange (ATHEX) Regulation and the ATHEX Board of Directors Decision as modified at 6/10/2011 -"Procedure required for the licensing of Market Maker in the Regulated Markets of ATHEX and Alternative Market EN.A", the Minimum Disclosed Volume of Shares (M.D.V.S.) for the calendar quarter October - December 2012 is presented herewith.

NYSE Euronext Announces Early Results And Pricing Of Tender Offer For Up To €250,000,000 Of Its 5.375% Notes Due 2015

Date 02/10/2012

NYSE Euronext (NYX) (the “Company”) today announced the early results and pricing for its cash tender offer (the “Offer”) to purchase up to €250,000,000 (subject to increase or decrease, the “Tender Cap”) of its outstanding 5.375% Notes due 2015 (the “Notes”), as set forth in the Tender Offer Memorandum dated September 14, 2012 (the “Tender Offer Memorandum”).

Deutsche Börse: Xetra Orderbook Turnover At 91 Billion Euros In September

Date 02/10/2012

Order book turnover on Xetra and the Xetra Frankfurt specialist trading stood at €95.8 billion in September – a decrease by 27 percent year-on-year (September 2011: €131.7 billion). Of the €95.8 billion, €91.1 billion were attributable to Xetra (September 2011: €126.1 billion). €4.7 billion were attributable to the Xetra Frankfurt specialist trading (September 2011: €5.5 billion). Order book turnover on Tradegate Exchange* totalled approximately €3.1 billion in September.