News Centre

Press Release Of The Athens Exchange Board Of Directors

Date 22/12/2011

The ATHEX Board of Directors (BoD) during today's meeting decided:

1) A new pricing policy for the Derivatives Market, according to which the rebates to investors and members of this market exceed, in terms of 2011, the sum of 2,5 million euro.

More specifically, the following were decided:

A. Rationalization of the Futures and Options contracts' fees, on shares and indices. The decline in prices of the underlying values had made the derivative products' fees non-competitive. For this reason, among others, more scales were added for underlying values' prices less than 5 euro in order to regain the competitiveness of the relevant products.

B. Significant reductions between 40%-70% in the annual members' subscription fees, which combined with theabolishment of the one-off initial membership fees, aim to avert members from leaving the market and also attract new members from Greece and Cyprus.

U.S. Department Of Justice Clears NYSE Euronext Merger With Deutsche Börse

Date 22/12/2011

NYSE Euronext (NYSE:NYX) announced today that the Antitrust Division of the United States Department of Justice (DOJ) has cleared the proposed combination between NYSE Euronext and Deutsche Börse AG (XETRA: DB1). 

U.S. Department Of Justice Approves Deutsche Börse And NYSE Euronext Merger - ISE To Sell Direct Edge Stake As A Condition Of Approval

Date 22/12/2011

The U.S. Department of Justice (DOJ) today approved the merger of Deutsche Börse and NYSE Euronext. This represents an important regulatory milestone for the merger. The DOJ’s clearance was contingent upon the International Securities Exchange (ISE) agreeing to sell its 31.5 percent stake in Direct Edge, a U.S. stock exchange. Until completing the divestiture, ISE’s ownership in Direct Edge will be held passively.

The AMF Publishes Recommendation On Financial Information, Including Release Of Results To Financial Markets

Date 22/12/2011

In a sensitive economic environment that varies by geographic region and business sector, the financial markets are paying greater attention to the transparency and accuracy of information relating to risk.

New York Attorney General Schneiderman Announces Settlement With Bank Of New York Mellon For Facilitating The Manipulative Trading Of Auction Rate Securities - Company Will Pay $1.3 Million for Violating Martin Act - BNY Mellon Enabled an Issuer to Conceal Its Identity and Manipulate the Market - Schneiderman: Our Office Will Protect the Integrity Of NY’s Global Financial Markets At All Costs

Date 22/12/2011

Attorney General Eric T. Schneiderman today announced an agreement with the Bank of New York Mellon Corp. (BNYM) to settle an investigation into manipulative trading of auction rate securities as facilitated by employees of Mellon Financial Markets LLC (MFM), a subsidiary of BNYM. Today’s agreement concludes a joint investigation by the Attorney General, the Texas State Securities Board and the Florida Office of Financial Regulation.

Program Trading Averaged 43.8 Percent Of NYSE Volume During Dec. 12-16

Date 22/12/2011

The New York Stock Exchange, a subsidiary of NYSE Euronext (NYX), today released its weekly program-trading data compiled from member firms' executed volume from NYSE's orders database. The report includes trading on the NYSE for Dec. 12-16.

ESMA Outlines Future Automated Trading Regime For Trading Platforms, Investment Firms And Competent Authorities

Date 22/12/2011

ESMA today published its final report on guidelines on systems and controls in an automated trading environment for trading platforms, investment firms and competent authorities (ESMA/2011/456). In issuing these guidelines, ESMA rolls out a comprehensive regime governing the operation of electronic trading systems by a regulated market, a multilateral trading facility (MTF) or investment firms. The guidelines cover trading in an automated environment of any financial instruments, as defined in the Market in Financial Instruments Directive (MiFID).

FINRA Fines Barclays Capital $3 Million For Misrepresentations Related To Subprime Securitizations

Date 22/12/2011

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Barclays Capital Inc. $3 million for misrepresenting delinquency data and inadequate supervision in connection with the issuance of residential subprime mortgage securitizations (RMBS).

ESMA Extends Transitional Period For Use Of Non-EU Credit Ratings, Australian CRA Regime Endorsed

Date 22/12/2011

ESMA today extended the transitional period for use of non-EU credit ratings, Australian CRA regime endorsed

Green Exchange Holiday Hours For Christmas And New Year’s

Date 22/12/2011

Contracts listed for trading on CME Globex^® and for submission for clearing through CME ClearPort^® have revised trading hours for the upcoming Christmas and New Year’s holidays. Both CME Globex and CME ClearPort will be closed in observance of the Christmas Holiday on Monday, December 26 and New Year’s Day on Monday, January 2. Trading on CME Globex and CME ClearPort will resume as normal on the following business day. Please see the attached schedule for detailed opening and closing times.