News Centre

United States Sues UBS To Recover Civil Penalties For Fraud In The Sale Of Residential Mortgage-Backed Securities

Date 09/11/2018

Earlier today, in federal court for the Eastern District of New York, the United States filed a civil complaint against UBS AG and several of its United States affiliates (together, “UBS”), alleging that UBS defrauded investors throughout the United States and the world in connection with its sale of residential mortgage-backed securities (RMBS) from 2006 through 2007.  

TMX Group Limited Reports Results For Q3/18

Date 09/11/2018

• Diluted earnings per share of $1.02, up 10%, or 20% before discontinued operations, from Q3/17 
• Adjusted diluted earnings per share of $1.19 up 12%, or 23% before discontinued operations over Q3/17 
• Revenue of $192.8 million, up 27%, including 8% organic revenue growth, compared with Q3/17 
• Cash flows from operating activities of $100.4 million, up 58% over Q3/17

Montréal Exchange Interest Rate Derivative Trading Ceases At 1:30 P.M. Today, November 9, 2018 - Interest Rate Derivative Market Closed On November 12, 2018

Date 09/11/2018

Interest rate derivative trading will cease at 1:30 p.m. today, November 9, 2018. Furthermore, the interest rate derivative market will be closed on November 12, 2018.

Brutal October Sees FTSE Mondo Visione Exchanges Index Up 1%, B3 Leads The Pack With Cboe Global Markets Close Behind In Halloween Rally

Date 08/11/2018

While the exchanges sector remained largely muted in October, US exchanges pushed their way into the top half of the FTSE Mondo Visione Exchanges Index despite the Securities and Exchange Commission's decision in October to block exchanges from raising fees on some data products. The SEC decision is being opposed by exchanges.

B3 Announces Results For The Third Quarter Of 2018

Date 08/11/2018

“B3” or “Company”; ticker: B3SA3) reported today its third-quarter earnings for the period ending on September 30, 2018 (3Q18). Total revenues reached R$1,272.5 million, an 8.7% increase over the third quarter of 2017 (3Q17), while recurring EBITDA1 amounted R$776,2 million, growth of 16.2%, showing the Company’s operational leverage. The Company’s recurring net income2 in 3Q18 was R$613.4 million.

NZX Implements Mutualised Default Fund

Date 08/11/2018

NZX has redesigned its Clearing House capital structure with the implementation of a mutualised default fund today.

CFTC Orders Commerzbank AG To Pay $12 Million For Swap Dealing Violations And For Misleading Statements To The CFTC

Date 08/11/2018

The Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Commerzbank AG (Commerzbank) for numerous violations of the Commodity Exchange Act (CEA) and CFTC Regulations, including failing to supervise its Swap Dealer’s activities for more than 5 years and making misleading statements and material omissions to the CFTC concerning its Swap Dealer’s operations and compliance with the CEA and CFTC Regulations.  Commerzbank AG is a global banking and financial services company based in Frankfurt, Germany, that has been provisionally registered with the CFTC as a Swap Dealer since December 31, 2012.

SEC Announces Agenda, Panelists For Staff Roundtable On The Proxy Process

Date 08/11/2018

The Securities and Exchange Commission today announced the agenda and panelists for the staff roundtable on the proxy process on November 15, 2018.  

MoneyGram International Inc. Agrees To Extend Deferred Prosecution Agreement, Forfeits $125 Million In Settlement With US Justice Department And Federal Trade Commission - Company Also Agrees To Implement Additional Anti-Fraud And Anti-Money Laundering Program Compliance Enhancements In Agreements With Federal Authorities

Date 08/11/2018

MoneyGram International Inc. (MoneyGram), a global money services business headquartered in Dallas, Texas, has agreed to extend its deferred prosecution agreement and forfeit $125 million due to significant weaknesses in MoneyGram’s anti-fraud and anti-money laundering (AML) program resulting in MoneyGram’s breach of its 2012 deferred prosecution agreement (DPA).  In addition to the monetary payment and extension of the deferred prosecution agreement, the company must enhance its anti-fraud and AML compliance programs. 

MIAX Options - Electronic Filing Of Annual Reports

Date 08/11/2018

In connection with the Regulatory Services Agreement between MIAX Options and FINRA, the filing of MIAX Options Rule 803 Audits annual report has been transitioned to the electronic filing platform available via FINRA’s Firm Gateway located at https://firms.finra.org.