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Federal Court Orders Former Citigroup Director, John Aaron Brooks, To Pay $500,000 For Defrauding Two Citigroup Companies By Mismarking And Inflating the Value Of His Position In Ethanol FuturesTto Conceal His Trading Losses

Date 04/08/2014

The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Kimba M. Wood of the U.S. District Court for the Southern District of New York entered a Consent Order against Defendant John Aaron Brooks for defrauding Citigroup, Inc. and Citigroup Energy, Inc. (collectively, Citi) by mismarking and inflating the value of his position in ethanol futures in Citi’s proprietary account. Brooks currently resides in Houston, Texas.

NASDAQ OMX Lists Compass EMP U.S. Discovery 500 Enhanced Volatility Weighted Index ETF - Smart Beta Product Seeks To Outperform Traditional Indexes And Active ETFs

Date 04/08/2014

NASDAQ OMX today announced that Compass EMP listed a new exchange traded fund (ETF) which began trading on Friday, August 1, 2014. Compass EMP U.S. Discovery 500 Enhanced Volatility Weighted Index (Nasdaq:CSF), listed on The NASDAQ Stock Market®(NASDAQ®).

Thomson Reuters Launches Web-Based Portal For Accelus Org ID KYC Managed Service - Correspondent Banks, Corporates, Asset Managers And Hedge Funds Can Now Access A Secure Portal To Share Identity Documents, Accelerate On-Boarding, And Streamline The KYC Process

Date 04/08/2014

Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today delivered a critical milestone in its end-to-end KYC Managed Service for the industry, with the launch of its secure, web-based portal for Accelus Org ID. The new online portal facilitates client on-boarding, identity collection, and verification, in a secure environment which allows financial institutions and their clients to increase efficiency, as well as reduce operating and remediation costs associated with complying with increasingly rigorous Know Your Customer (KYC) requirements.

PEGAS: Trading Results In July - Belgian ZTP Spot And Futures Launched Successfully

Date 04/08/2014

PEGAS, the natural gas platform jointly established by the European Energy Exchange (EEX) and Powernext, announced that a total volume of 45.8 TWh was traded in July 2014 compared with 14.8 TWh traded in the same period of the previous year. 

Boerse Stuttgart Records Turnover Of More Than EUR 7 Billion In July - Sharp Increase In Securitised Derivatives And Exchange-Traded Products - Brisk Trading In Mortgage Bonds

Date 04/08/2014

According to its order book statistics, Boerse Stuttgart generated turnover of more than EUR 7 billion in July 2014. The trading volume was up almost 15 percent on the figure for June.

CME Group Volume Averaged 12.2 Million Contracts Per Day In July 2014, Up 13 Percent From July 2013

Date 04/08/2014

• Interest rate volume rose 25 percent
• Eurodollar futures volume increased 40 percent and Eurodollar options volume increased 38 percent
• Open interest surpassed 100 million contracts and is up 20 percent year-to-date in 2014

Moscow Exchange's Turnover At RUB 44.2 Trln In July 2014

Date 04/08/2014

Moscow Exchange's turnover reached RUB 44.210 trln in July 2014, an increase compared to the same period last year (July 2013: RUB 43.9 trln). The largest turnover was shown by the FX market (37%), Equity Market (18%), Money Market in repo with the CCP (16%), as well as Precious Metals Market. Records were seen in open interest for currency instruments on the Derivatives Market, turnover in long-term swaps and Chinese yuan for roubles on the FX Market, and repo with the CCP on the Money Market.

CME Clearing Europe Receives EMIR Authorisation

Date 04/08/2014

CME Group, the world's leading and most diverse derivatives marketplace, today announced CME Group's European clearing house, CME Clearing Europe, has today received authorisation as a Central Counterparty Clearing House (CCP) under the European Market Infrastructure Regulation (EMIR). The authorisation covers all OTC derivatives and futures products currently cleared by CME Clearing Europe. CME Clearing Europe lists a broad range of OTC and exchange traded derivatives, including interest rate swaps, energy and commodities, and FX contracts for clearing and provides services for CME Europe, CME Group's London-based derivatives exchange.

ICE Benchmark Administration Completes ISDAFIX Transition

Date 04/08/2014

Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, today announced that ICE Benchmark Administration (IBA) has formally taken over the role of Administrator of the ISDAFIX benchmark from the International Swaps and Derivatives Association (ISDA).

Thomson Reuters Launches Elektron Direct Feed - New Hardware Accelerated, Software Optimized Direct Feed Helps Firms Access Cost-Effective And Reliable Market Data

Date 04/08/2014

Thomson Reuters today announced the launch of its new direct feed service.  Elektron Direct Feed provides customers with high-performance access to real-time market data sourced directly from individual trading venues in a standardized, reliable and flexible format.