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  • Volkswagen AG Pleads Guilty In Connection With Conspiracy To Cheat U.S. Emissions Tests

    Date 11/03/2017

    Volkswagen AG (VW) pleaded guilty in federal court in Detroit today to three felony counts charging: (1) conspiracy to defraud the United States, engage in wire fraud, and violate the Clean Air Act; (2) obstruction of justice; and (3) importation of merchandise by means of false statements.  As part of the plea, VW agreed to pay a $2.8 billion penalty as a result of the company’s decade-long scheme to sell diesel vehicles containing software designed to cheat on U.S. emissions tests.  In January 2017, VW had agreed to plead guilty to resolve these criminal charges.

  • ICAP Europe, Tullett Prebon And Lloyds Dismissed From Yen Libor Litigation In US

    Date 10/03/2017

    U.S. District Judge George Daniels in Manhattan dismissed Lloyds Banking Group, ICAP Europe and Tullett Prebon as defendants from litigation alleging a conspiracy among many financial services companies to manipulate the yen Libor and Euroyen Tibor benchmark interest rates. The judge said he lacked personal jurisdiction over the three British companies.

  • Intercontinental Exchange Sets New Total Volume Record And Euribor Volume Record

    Date 10/03/2017

    Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced a new total daily volume record of 10,703,582 contracts set on March 9, 2017.

  • SEC Rejects Winklevoss Brothers Bitcoin ETF

    Date 10/03/2017

    The U.S. Securities and Exchange Commission today rejected an exchange-traded fund based on bitcoin.

  • TMX Group Statement On The Passing Of former Chairman Duff Scott

    Date 10/03/2017

    TMX Group today offers its condolences on the passing of former Toronto Stock Exchange (TSX) Chairman Duff Scott. Mr. Scott served a key role for TSX, as Chairman from 1987-1989. Mr. Scott's family shared that his term at the exchange had particular meaning to him, since his father had also served as Chairman of TSX several decades earlier. TMX Group extends its deepest sympathies to Mr. Scott's family, friends and colleagues.