News Centre

NYSE To Suspend Trading Immediately In RadioShack Corporation And Commence Delisting Proceedings

Date 02/02/2015

The New York Stock Exchange (“NYSE”) announced today that the staff of NYSE Regulation, Inc. is taking action to delist the common stock of RadioShack Corporation, Inc. (the “Company”) – ticker symbol RSH – from the NYSE.  The NYSE will immediately suspend trading in the common stock.

FINRA Investor Education Foundation And The American Library Association Announce $1.8 Million In Grants To Public Libraries To Support Financial Literacy

Date 02/02/2015

The Financial Industry Regulatory Authority (FINRA) Investor Education Foundation and the American Library Association (ALA) have announced $1.8 million in grants to 21 recipients as part of the Smart investing@your library® initiative.

ISE Holdings Reports Business Activity For January 2015

Date 02/02/2015

• ISE and ISE Gemini combined represent 13.6% of equity options market share, excluding dividend trades.
• ISE and ISE Gemini reported a combined ADV of 2.2 million contracts.
• Dividend trades made up 0.5% of industry volume in January 2015.

BGC Partners Urges Shareholders To Disregard GFI's Odd Claim That It "Will Explore Strategic Alternatives" And Promptly Tender Into The Best And Only Offer Available - BGC's Tender Offer Provides GFI Shareholders with Significant Value, Certainty And Speed To Closing - BGC Urges GFI Shareholders to Tender Their Shares Into BGC's $6.10 Per Share Offer By The February 3 Deadline

Date 02/02/2015

BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "the Company," or "BGC"), a leading global brokerage company primarily servicing the financial and real estate markets, today responded to the odd announcement by GFI Group Inc. (NYSE: GFIG) ("GFI Group" or "GFI") that it "will explore strategic alternatives."  

GFI Group Board Comments On BGC Tender Offer - Urges Shareholders To Take No Action On BGC Tender Offer - Says Board Is Actively Exploring Strategic Alternatives with Any And All Interested Parties To Maximize Value for All Shareholders

Date 02/02/2015

GFI Group Inc. ("GFI Group", "GFI" or the "Company"), a leading intermediary and provider of trading technologies and support services to the global OTC and listed markets, issued the following statement from the Board of Directors in response to BGC Partners, Inc. ("BGC") tender offer to acquire the outstanding shares of GFI, which is set to expire on February 3, 2015:

"The GFI Board urges shareholders to take no action on the BGC tender offer at this time. As announced on Friday, the GFI Board is actively engaged in a process to explore strategic alternatives with any and all interested parties to maximize shareholder value for all shareholders.  These alternatives could include, among others, joint ventures, mergers and/or acquisitions.  The Board has previously reviewed the unsolicited BGC tender offer, which contains provisions and conditions that make it highly unlikely to succeed in providing any value for shareholders.  The Board urges GFI shareholders not to tender into the BGC tender offer and wait for the Board to conduct its strategic review."  

CBOE Holdings Reports January 2015 Trading Volume

Date 02/02/2015

• ADV of 5.4 Million Contacts Up 5% Over December
• CBOE, C2 and CFE ADV Increase From Previous Month
• Total Volume of 107.2 Million Contracts Traded

OCC Announces Average Daily Cleared Contract Volume Declined 5% In January

Date 02/02/2015

OCC announced today average daily cleared contract volume for the month of January was down 5 percent from January 2014 with 17,919,276 contracts and one less trading day. Total OCC cleared contract volume in January reached 358,385,522 contracts, a 9 percent decrease from the 2014 record January volume of 395,595,620 contracts. Despite this decline, January 2015 represents the fourth highest January volume for OCC to date.

CBOE Futures Exchange Reports January 2015 Trading Volume

Date 02/02/2015

• 4.6 Million VIX Futures Contracts Traded
• VIX Futures ADV Up 9% Over Year Ago

Statement Of Assistant Secretary For Economic Policy Karen Dynan For The Treasury Borrowing Advisory Committee Of The Securities Industry And Financial Markets Association

Date 02/02/2015

The U.S. economy continues to strengthen.  Real GDP growth has been well above trend in recent quarters, job growth has picked up sharply, and the unemployment rate has fallen to the lowest rate since 2008.  Inflation remains low, caused partly by the recent steep drop in energy prices.  Core inflation, which excludes both energy and food prices, is also subdued.  Against the backdrop of a strengthening economy, the federal fiscal position has improved considerably and in FY 2014 the budget deficit declined to a seven-year low as a share of the economy.  The Administration’s FY 2016 Budget, which was released earlier today, would build on recent fiscal progress, lowering the deficit to a sustainable level and putting debt held by the public as a share of the economy on a declining path.  The President’s Budget also proposes policies that will foster durable economic growth and broadly-shared prosperity over the longer run.  

Intercontinental Exchange Announces Launch Of 63 New Contracts across Interest Rates And Energy

Date 02/02/2015

Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today announced the introduction of 63 new futures and options contracts across interest rates and energy on February 16, 2015, subject to satisfactory completion of applicable regulatory processes.