News Centre

SEC: Merrill Lynch Admits Using Inaccurate Data For Short Sale Orders, Agrees To $11 Million Settlement

Date 01/06/2015

The Securities and Exchange Commission today charged two Merrill Lynch entities with using inaccurate data in the course of executing short sale orders.  Merrill Lynch agreed to admit wrongdoing, pay nearly $11 million, and retain an independent compliance consultant in order to settle the charges.

BATS Announces Graduation Of iShares MSCI India ETF From Competitive Liquidity Provider Program - iShares MSCI India ETF Now Has $3.8 Billion Under Management

Date 01/06/2015

BATS Global Markets (BATS), the leading U.S. market for the trading of exchange-traded funds (ETFs), today announced that the iShares MSCI India ETF (BATS: INDA) has graduated from the BATS Competitive Liquidity Provider (CLP) Program by establishing consolidated average daily volume (CADV) of more than 1 million shares for three consecutive months.

CDS Launches New Foreign Exchange Service For Entitlements - CDS Currency Service Will Enable Participants To Convert Entitlement Payments To Canadian Or U.S. Funds

Date 01/06/2015

CDS Innovations Inc. (CDSI), an operating subsidiary of The Canadian Depository for Securities Limited (CDS), a wholly-owned subsidiary of TMX Group, today announced the launch of CDS Currency Service, a web-based solution that will enable participants to convert entitlement funds to Canadian or U.S. dollars.

OCC Cleared Contract Volume Declined 3% In May - Securities Lending CCP Activity Up 9 Percent From May 2014 And Up 11 Percent Year-To-Date

Date 01/06/2015

OCC, the world’s largest equity derivatives clearing organization, announced today that cleared contract volume in May reached 308,639,215 contracts, a 3 percent decrease from the May 2014 volume of319,742,239 contracts. OCC’s year-to-date average daily cleared contract volume is down 7 percent from 2014 with16,144,143 contracts in 2015.

Moscow Exchange: Risk Parameters Change

Date 01/06/2015

This is to inform you that the new risk parameters will be applied on all the markets starting from 8 June, 2015:

Key Figures SIX Swiss Exchange And SIX Structured Products Exchange: May 2015

Date 01/06/2015

• Trading turnover in the first five months: CHF 635.0 billion (+30.7% versus the same period in the prior year of 2014)
• Average trading turnover per day since the start of the year: CHF 6.4 billion
• Increases in equity and bond indices

Europex Appoints New Secretary General And Welcomes Four New Members

Date 01/06/2015

The General Assembly of Europex, the association of European energy exchanges, has appointed a new Secretary General and welcomes four new members. The association now counts 24 members. http://goo.gl/gAFBpP

Vienna Stock Exchange: ATX Watchlist For May 2015

Date 01/06/2015

The watchlist is used as a basis for the admission and/or deletion of ATX stocks at the semiannual (March and September) reviews of ATX basket.

EBA Issues Final Guidelines And Its Opinion On Mortgage Creditworthiness Assessments And Arrears And Foreclosure

Date 01/06/2015

The European Banking Authority (EBA) published today its final Guidelines on creditworthiness assessment, as well as its final Guidelines on arrears and foreclosure. These Guidelines support the national implementation by Member States of the forthcoming Mortgage Credit Directive (‘MCD'). They will ensure that consumers are protected consistently across the European Union when interacting with creditors. The Guidelines apply from 21 March 2016, the transposition date of the MCD. As a further support to the implementation of the MCD, the EBA also published today the Opinion on Good Practices for Mortgage Creditworthiness Assessments and Arrears and Foreclosure, including expected mortgage payment difficulties.

Moscow Exchange: Derivatives Market Introduces 'Cancel On Disconnect' Functionality

Date 01/06/2015

On 1 June 2015 Moscow Exchange introduced 'Cancel On Disconnect' (COD) functionality on the Derivatives Market.