News Centre

ITRS Builds On Asia Success With New Singapore Office

Date 15/09/2014

ITRS Group is further expanding its Asian presence through the opening of a new Singapore office. The new office will sit alongside the application performance and management technology provider’s existing hubs in Hong Kong and Philippines.

Direct Edge Trading Notice #14-38: Enhancement To Opening And Halt Re-Opening Processes

Date 15/09/2014

Pending SEC approval, the EDGX ExchangeSM (EDGX®) and EDGA ExchangeSM (EDGA®) will be modifying the behavior of the Opening Process for NYSE and NYSE MKT listed securities and the Halt Re-Opening Process for all securities.

CFTC Staff Sets Forth Enabling Process For No-Action Relief With Respect To Swaps Trading On Certain Financial Markets That Are Licensed In Australia And Overseen By The Australian Securities & Investments Commission

Date 15/09/2014

The U.S. Commodity Futures Trading Commission’s (CFTC) Divisions of Market Oversight (DMO) and Swap and Intermediary Oversight (DSIO) today announced the issuance of an enabling no-action letter for qualifying swaps trading platforms that are licensed in Australia and overseen by the Australian Securities & Investments Commission (Australian Licensed Markets).

Direct Edge Trading Notice #14-37: Post Only Changes On EDGX

Date 15/09/2014

Pending SEC approval, the EDGX ExchangeSM (EDGX®) will modify the behavior of Hide Not Slide (HNS) and Price Adjust orders entered with a Post Only instruction. The Exchange will also be eliminating the Single Re-Price order instruction.

Tennessee-Based Animal Feed Company Agrees To Pay $18 Million To Settle Accounting Fraud Case

Date 15/09/2014

The Securities and Exchange Commission today announced that a Tennessee-based animal feed company has agreed to pay back $18 million in illicit profits from an accounting fraud that resulted in an SEC enforcement action earlier this year.

Direct Edge Trading Notice #14-36: Post Only Changes On EDGA

Date 15/09/2014

Pending SEC approval, the EDGA ExchangeSM (EDGA®) will modify the behavior of Hide Not Slide (HNS) and Price Adjust orders entered with a Post Only instruction. The Exchange will also be eliminating the Single Re-Price order instruction.

Remarks By Counselor To The Secretary For Housing Finance Policy Dr. Michael Stegman Before A Bipartisan Policy Center Panel “Reigniting The Private Label Mortgage-backed Securities Market”

Date 15/09/2014

From the beginning of the Administration's efforts to achieve comprehensive housing finance reform, we have envisioned a healthy residential mortgage market as consisting of four distinct channels: an agency channel with private capital in a first-loss position and a catastrophic government guarantee; an FHA channel with a more direct government guarantee to serve low- and moderate-income families; whole loans held on bank and private sector balance sheets, and a non-agency fully private securitization channel. A diverse housing finance system featuring multiple execution channels would promotes competition, market efficiency and consumer choice.

Direct Edge Regulatory Notice #14-03: Notice Of Amendment Of The EDGA And EDGX User And Routing Agreements

Date 15/09/2014

Background

As previously announced, on January 31, 2014, BATS Global Markets, Inc. (“BATS”) and Direct Edge Holdings LLC merged.  In accordance with the terms of the transaction agreement, EDGA Exchange, Inc. (“EDGA”) and EDGX Exchange, Inc. (“EDGX” and, together with the EDGA, the “Exchange”), as well as Direct Edge ECN LLC d/b/a DE Route (“DE Route”), each became wholly owned subsidiaries under a single new holding company. In conjunction with the transaction, the new holding company changed its name to “BATS Global Markets, Inc.” (“BGM”) and BATS changed its name to “BATS Global Markets Holdings, Inc.

Toronto Stock Exchange And TSX Venture Exchange Host Inaugural "Golden Bull" Charity Golf Classic

Date 15/09/2014

Toronto Stock Exchange and TSX Venture Exchange today host the inaugural TMX Group Golden Bull Charity Golf Classic at the Lynx Ridge Golf Club in Calgary.

Jyrki Katainen, Vice-President Of The European Commission And Member Of The Commission Responsible For Economic And Monetary Affairs And The Euro - "European Banking Union In The Making"

Date 15/09/2014

Good morning ladies and gentlemen.

Today, we have brought together a group of experts and distinguished professionals who have no doubt watched developments related to the establishment of the Banking Union with a careful, critical, and constructive eye. During the course of the day, panel sessions will provide the opportunity to analyse the merits of this important project, its key aspects, and dare I say possible shortcomings; questions will be raised about the rules we have spent many long nights negotiating, the structures we are in the process of implementing, and the impact these will have on financial health, stability, and market confidence.