News Centre

TMX Group Limited Reports Results For Third Quarter 2020

Date 04/11/2020

TMX Group Limited [TSX:X] ("TMX Group") today announced results for the third quarter ended September 30, 2020.

Intercontinental Exchange, Inc. Announces Secondary Offering By Selling Stockholder Related To Ellie Mae Acquisition

Date 04/11/2020

Intercontinental Exchange (NYSE: ICE), a leading operator of global exchanges and clearing houses and provider of mortgage technology, data and listings services, announced today that Cyprus Parent, LP, an entity controlled by Thoma Bravo and formerly known as Ellie Mae Parent, LP (the “selling stockholder”), intends to offer for sale in an underwritten secondary offering 9,180,569 shares of ICE’s common stock pursuant to ICE’s shelf registration statement filed with the Securities and Exchange Commission (SEC). The shares being offered were originally issued to the selling stockholder in connection with the acquisition of Ellie Mae, Inc., which ICE completed on September 4, 2020.

CFTC: Federal Court Orders Colorado Company And Its Principal To Pay Over $900,000 For Digital Asset And Forex Ponzi Scheme

Date 04/11/2020

The Commodity Futures Trading Commission today announced that the U.S. District Court for the District of Colorado entered a judgment against defendants Venture Capital Investments LLC (VCI) and its principal and manager Breonna Clark d/b/a Eliot Clark d/b/a Alexander Pak (Clark), both of Denver, Colorado, for fraudulently soliciting and misappropriating funds from clients in a digital asset and forex Ponzi scheme.

SEC Announces New Asset Management Advisory Committee Member

Date 04/11/2020

Today the Securities and Exchange Commission announced the appointment of Renee LaRoche-Morris, Chief Operating Officer, BNY Mellon Investment Management, as a new member of the Asset Management Advisory Committee.  Ms. LaRoche-Morris was appointed following the resignation of Mark Tibergien, who retired from BNY Mellon/Pershing. 

CFTC Approves Eris Clearing, LLC To Clear Fully-Collateralized Swaps

Date 04/11/2020

The Commodity Futures Trading Commission today announced it has approved an Amended Order of Registration for Eris Clearing, LLC, located in Chicago, Ill., to clear additional products, subject to the terms and conditions specified in the order, as a derivatives clearing organization under the Commodity Exchange Act.

Cboe Global Markets Reports October 2020 Trading Volume

Date 04/11/2020

• Total options ADV up 27 percent from October 2019
• Total U.S. equities ADV up 29 percent from October 2019
• ADV in VIX options and Mini-SPX options both up 35 percent from September 2020
• Cboe EDGX Equities Exchange market share in October 2020 reaches new all-time high

CAPIS Hires Ben Jenkins As Director, Transition Management

Date 04/11/2020

Capital Institutional Services (CAPIS), a Dallas-based institutional broker-dealer, today announced Ben Jenkins rejoined the firm as a director in the firm’s transition management group.

FSB Europe Group Discusses Responses To COVID-19 And Non-Bank Financial Intermediation

Date 04/11/2020

The Financial Stability Board (FSB) Regional Consultative Group (RCG) Europe held a virtual meeting today to discuss the challenges in addressing the evolving financial stability issues as a result of the COVID-19 pandemic, including the resilience of the banking sector in continuing to finance the real economy, as well as the findings of the FSB’s too-big-to-fail evaluation. Members also discussed the market turmoil in March that highlighted vulnerabilities in the non-bank financial intermediation sector (NBFI) related to liquidity mismatches, leverage and interconnectedness. Members reiterated the importance of understanding risk, risk transmission and policy implications in NBFI, and welcomed the FSB’s holistic review of the March turmoil that will be published later this month.

CFTC Swaps Report Update

Date 04/11/2020

CFTC's Weekly Swaps Report has been updated, and is now available.

Tradeweb Reports October Total Trading Volume Of $19.4 Trillion - Average Daily Volume Of $910.8 Billion In October Marks Tradeweb's Second-Highest Month Ever

Date 04/11/2020

• Average daily volume (ADV) across rates, credit, equities and money markets for Tradeweb Markets was $910.8 billion (bn) in October 2020, up 28.8 percent (%) year over year (YoY) and Tradeweb’s second-highest month ever. Average daily trades for the month totaled 51,077.
• Tradeweb captured record TRACE share in U.S. High Grade of 19.2% (including 9.4% fully electronic) and record TRACE share in U.S. High Yield of 5.9% (including 3.6% fully electronic). Monthly ADV records were set in U.S. High Yield and Repurchase Agreements, as well as portfolio trading.