News Centre

Maple And TMX Group Announce Extension Of Offer To TMX Group Shareholders To July 31, 2012

Date 31/05/2012

Maple Group Acquisition Corporation (“Maple”), a corporation whose investors comprise 13 of Canada's leading financial institutions and pension funds, and TMX Group Inc. (“TMX Group”) (TSX:X) today announced the extension of Maple's offer to acquire a minimum of 70% and a maximum of 80% of the shares of TMX Group to 5:00p.m. (Eastern Time) on Tuesday, July 31, 2012, unless further extended or withdrawn. The offer is part of an integrated acquisition transaction, valued at approximately $3.8 billion, to acquire 100% of TMX Group shares. The TMX Group Board of Directors continues to unanimously recommend that shareholders accept and tender their shares under the Maple offer.

AlphaClone Launches First ETF To Invest Directly In Hedge Fund Equity Positions

Date 31/05/2012

The AlphaClone Alternative Alpha ETF (NYSE: ALFA) begins trading today, becoming the first exchange-traded fund (ETF) to invest in disclosed equity positions held by established hedge fund managers. The new ETF seeks to capture alpha from these managers' long positions while protecting against protracted market downturns through a dynamic hedge mechanism.

Statement Regarding Public Roundtable To Discuss the Proposed Volcker Rule - CFTC Chairman Gary Gensler

Date 31/05/2012

Welcome to the Commodity Futures Trading Commission (CFTC) roundtable on the proposed Volcker Rule. Thank you, Dan, for that introduction, and thank you for working with the rest of the team, particularly Steven Seitz from your office and Steve Kane from the Office of the Chief Economist, to put together this important roundtable.

International Securities Exchange : Enhanced Order Management Functionality Launches In PrecISE Trade®

Date 31/05/2012

The International Securities Exchange (ISE) today announced that order management functionality is now available in PrecISE Trade®, ISE's innovative, front-end execution system. PrecISE users are now able to route orders to other PrecISE users for execution. Additionally, PrecISE offers a new "parent/child" feature, or the ability to stage larger orders and divide them into smaller orders to better control order management and execution. 

PFGBEST Joins Patsystems XConnect In Chicago

Date 31/05/2012

Patsystems, the trading and risk management solutions provider to the derivatives industry, is pleased to announce that PFGBEST has joined Patsystems XConnect in Chicago to offer the trading platform to its global client base.

Philippe Metoudi To Leave Clearstream - Philippe Metoudi To Leave The Company Effective 31 July 2012 - Alton Chan To Head Business In North Asia, Robert Tabet In South Asia - New Organizational Structure Reflects The Region’s Increasing Importance

Date 31/05/2012

Philippe Metoudi, Member of the Executive Board of Clearstream International S.A. and the company’s Head of Client Relations Asia-Pacific, Middle East and Africa, has decided, for personal reasons and at his own request, to leave the company which has been mutually agreed to be effective 31 July 2012. Philippe Metoudi is departing after 20 years with Clearstream.

Olli Rehn Vice-President Of The European Commission And Member Of The Commission Responsible For Economic And Monetary Affairs And The Euro Action For Growth, Stability And Jobs Brussels Economic Forum Brussels, 31 May 2012

Date 31/05/2012

Distinguished speakers, Ladies and Gentlemen,

Let me welcome you to the 2012 edition of the Brussels Economic Forum. I am delighted about the large participation in this forum today. 

Instinet Adds Meredith Whitney Advisory Group As Research Provider

Date 31/05/2012

Instinet Incorporated, a global leader in electronic trading and agency-only brokerage services, today announced that its Instinet, LLC subsidiary has entered a research marketing agreement with Meredith Whitney Advisory Group, LLC (MWAG).

Euroclear’s EMX Gains Significant New Business

Date 31/05/2012

Euroclear UK & Ireland’s EMX Message Systemhas attracted over 25 new clients from both the fund product provider and fund distributor communities in the first quarter of 2012. Leading fund management companies, including the likes of AXA Funds Management (Luxembourg), Deutsche Bank, GLG Partners, Hermes Investment Management and Janus Capital have all signed up to route orders involving their suite of investment funds through the automated EMX Message System.

Eurex Clearing And Major Dealers To Cooperate In Launch Of OTC Interest Rate Swaps Clearing - Eurexotc Clear For Interest Rate Swaps Will Deliver Efficient Risk Management And Safety For Dealer And Client Clearing - Strong Client Asset Protection Services In Line With New EMIR Requirements - High Capital Efficiency Through Portfolio Risk Management And Efficient Collateral Processes

Date 31/05/2012

Eurex Clearing, Europe’s leading clearinghouse, announced today that it cooperates with Barclays, BNP Paribas, Citibank, Credit Suisse, Deutsche Bank, J.P. Morgan and Morgan Stanley to support the launch of its new clearing service for OTC Interest Rate Swaps (IRS).