News Centre

Bids In The LME Ring

Date 09/05/2012

Market sources have indicated that bids have been received from CME Group, HKEx and NYSE Liffe, the derivatives arm of NYSE Euronext. HKEx has confirmed that it has made a bid for the LME.

NASDAQ Announces End-Of-Month Open Short Interest Positions In NASDAQ Stocks As Of Settlement Date April 30, 2012

Date 09/05/2012

At the end of the settlement date of April 30, 2012, short interest in 2,241 NASDAQ Global Market^SM securities totaled 6,721,187,618 shares compared with 6,582,751,452 shares in 2,246 Global Market issues reported for the prior settlement date of April 13, 2012. The end-of-April short interest represents 4.17 days average daily NASDAQ Global Market share volume for the reporting period, compared with 3.97 days for the prior reporting period.

Former CFTC Acting Chairman And Commissioner Michael V. Dunn Appointed Chairman Of DTCC's U.S. Swap Data Repository (SDR) - Dunn To Lead U.S. SDR Development Effort

Date 09/05/2012

The Depository Trust & Clearing Corporation (DTCC) today announced that former Commodity Futures Trading Commissioner (CFTC) Michael V. Dunn will join the company, effective May 12, to serve as the non-executive Chairman of its U.S. Swap Data Repository (SDR). Dunn will report to DTCC President and CEO-elect Michael Bodson, recently named to succeed Donald F. Donahue in July.

SEC Charges New York Man With Manipulating Biopharmaceutical Stocks And Conducting Unregistered Sales Of Securities

Date 09/05/2012

The Securities and Exchange Commission today charged a Manhattan resident with carrying out a complex market manipulation scheme in biopharmaceutical stocks after he was kicked out of the brokerage industry for fraud.

NYSE Amex Issues Short Interest Report

Date 09/05/2012

NYSE Amex (formerly known as NYSE Alternext US) today reported short interest as of the close of business on the settlement date of April 30, 2012.

"The Thing Is": Speech Of CFTC Commissioner Bart Chilton Before Citizens For Financial Reform, Washington, DC

Date 09/05/2012

Introduction

Thank you for the introduction. I appreciate the opportunity to be with you today to discuss cost/benefit analysis (CBAs). As we know, this has been the matter of lawsuits and countless meetings in the wake of the passage of the Wall Street Reform and Consumer Protection Act, otherwise known as Dodd-Frank. It is an important topic.

SS&C Announces Closing Of Acquisition Of Thomson Reuters’ Portia Business

Date 09/05/2012

SS&C Technologies Holdings, Inc. (NASDAQ: SSNC), a global provider of financial services software and software-enabled services, today announced the completion of its acquisition of the assets of Thomson Reuters’ PORTIA® business, including an industry leading middle-to-back office investment operations platform, pursuant to the terms of its definitive asset purchase agreement with Thomson Reuters. The asset purchase agreement was previously announced on February 29, 2012.

SEC Charges Deloitte & Touche In Shanghai With Violating U.S. Securities Laws In Refusal To Produce Documents

Date 09/05/2012

The Securities and Exchange Commission today announced an enforcement action against Shanghai-based Deloitte Touche Tohmatsu CPA Ltd. for its refusal to provide the agency with audit work papers related to a China-based company under investigation for potential accounting fraud against U.S. investors.

CFTC Charges New York Firm Madison Dean, Inc., And Its Principals, George Athanasatos And Laurence Dodge, With Forex Fraud

Date 09/05/2012

The U.S. Commodity Futures Trading Commission (CFTC) today announced the filing of a civil enforcement action in the U.S. District Court for the Eastern District of New York charging Madison Dean, Inc. (Madison Dean), of Wantagh, N.Y., and its principals, George Athanasatos, also of Wantagh, and Laurence Dodge of Fresh Meadows, N.Y., with fraudulently soliciting approximately 19 persons to invest approximately $415,000 in managed trading accounts to trade off-exchange foreign currency (forex) contracts on a leverage or margined basis. None of the defendants has ever been registered with the CFTC.

SEC Charges Former Detroit Officials And Investment Adviser To City Pension Funds In Influence Peddling Scheme

Date 09/05/2012

The Securities and Exchange Commission today charged former Detroit mayor Kwame M. Kilpatrick, former city treasurer Jeffrey W. Beasley, and the investment adviser to the city’s public pension funds involved in a secret exchange of lavish gifts to peddle influence over the funds’ investment process.