News Centre

Joint Associations’ Letter On The Proposed EU’s Financial Transactions Tax (FTT) To The Rt Hon George Osborne MP - UK Chancellor Of The Exchequer

Date 24/10/2011

Dear Chancellor,

As trade associations representing both the users and providers of financial services, we are writing to you in order to highlight our serious concerns over the proposed EU Financial Transaction Tax (FTT), to urge you to continue to take a strong stance against the tax, and to encourage the UK to work closely with those EU member states which are also opposed to the proposals.

New York Attorney General Schneiderman Announces Multi-Million Dollar Settlement With Banco Espírito Santo S.A. Over Unregistered Recommendation And Sale Of Securities - Portuguese Financial Institution Will Offer To Repurchase Securities Sold, Disgorge All Profits From Conduct, And Pay $975k For Failing To Register Under The Martin Act - Schneiderman: My Office Will Continue To Protect Investors And The Integrity Of New York’s Global Financial Markets

Date 24/10/2011

Attorney General Eric T. Schneiderman today announced a multi-million dollar agreement with Banco Espírito Santo S.A. (BES) to settle an investigation into the solicitation and sale by BES and its affiliates of securities to BES’s U.S. customers without registering itself or any of its affiliates as a securities broker-dealers or investment advisers, or any of their employees as salesmen, as required under New York’s Martin Act.

VCM Securities Launches VOLMAX™ Odd Lots - Electronic Bond Execution Platform For Odd Lots

Date 24/10/2011

VCM Securities LLC, the securities subsidiary of Vyapar Capital Markets Partners today began full operation of a revolutionary electronic bond execution platform called Volmax for Odd Lots. The platform is based on the pioneering Vyapar’s Volmax™ electronic trading system originally designed for OTC derivatives.

SEC Charges Major Portuguese Bank For Violating Registration Provisions Of U.S. Securities Laws - Banco Espirito Santo S.A. To Pay Nearly $7 Million To Settle Charges

Date 24/10/2011

The Securities and Exchange Commission today charged multinational banking conglomerate Banco Espirito Santo S.A. (BES) with violations of the broker-dealer and investment adviser registration provisions and the securities transaction registration provisions of the federal securities laws.

SIFMA Market Close Recommendations For The US Veterans Day And Japanese Culture Day Holidays In The US, The UK And The Japanese Markets

Date 24/10/2011

In observance of the US Veterans Day and Japanese Culture Day holidays, SIFMA made holiday recommendations in the U.S.,U.K., and Japan.

SEC: Alternative Trading System Agrees To Settle Charges That It Failed To Disclose Trading By An Affiliate

Date 24/10/2011

The Securities and Exchange Commission today charged Pipeline Trading Systems LLC and two of its top executives with failing to disclose to customers of Pipeline’s “dark pool” trading platform that the vast majority of orders were filled by a trading operation affiliated with Pipeline.

EBRD Selects Climate Focus To Support Carbon Finance In Turkey

Date 24/10/2011

Climate Focus, a  leading advisory  company  committed to  the  development of policies and projects that reduce  greenhouse  gas emissions and Gaia Carbon Finance, the  first Turkish carbon finance trading and consulting company announced today that they won an EBRD assignment to support the development of Carbon Finance in Turkey.

The Independent Commission On Banking: Six Weeks On

Date 24/10/2011

Six weeks on from the publication of its final report, Angela Knight reminds policy makers that the ICB is a body that recommends, not a body that decides.

Equinix Launches Marketplace; Transforms the Data Center Into A Revenue Center - New Online Community Connects More Than 4,000 Buyers And Sellers In The Global Digital Supply Chain

Date 24/10/2011

Equinix, Inc. (Nasdaq: EQIX), a provider of global data center services, today introduced the Equinix Marketplace™, a new service that makes it possible for any company with a presence in any Equinix International Business Exchange (IBX®) data center to quickly find and directly connect to a global value-chain of more than 4,000 potential partners, customers and suppliers of digital services. With the Equinix Marketplace, companies can more effectively reach new customers, offer new services, and connect to members of their digital supply chain to improve application performance, reduce cost and generate revenue.

NASDAQ OMX Acquires Glide Technologies - First Exchange To Offer Integrated PR And IR Content Management, Monitoring And Analysis In A Single Product Set

Date 24/10/2011

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that it has agreed to acquire Glide Technologies Limited, a leading London-based software-as-a-service (SaaS) provider specializing in corporate communications and reputation management solutions. Glide Technologies will be integrated into NASDAQ OMX's Corporate Solutions to create the first and only fully-integrated workflow solution for investor relations and public relations professionals.