News Centre

MIAX Options Exchange: Approved Rule Change—CBOE Margin Rules

Date 31/07/2014

On July 1, 2014, the SEC published in the Federal Register an order approving a proposed rule change by CBOE (SR-CBOE 2014-039) to amend certain margin rules for volatility index options.

VantageWire Adds CSE Quotes To Free Real Time Market Feed

Date 30/07/2014

VantageWire, North America's only site providing free real time quotes as well as a leading source for breaking news alerts on the biggest stories to hit the market, today announced it has added real time quotes for the Canadian Securities Exchange (CSE) to its service at www.vantagewire.com.

CBOE Holdings Increases Quarterly Dividend By 17 Percent And Stock Repurchase Authorization By $100 Million

Date 30/07/2014

CBOE Holdings, Inc. (NASDAQ: CBOE) announced today that its Board of Directors has approved a 17-percent increase in the Company's quarterly cash dividend and, effectively immediately, a $100 million-increase in its stock repurchase authorization.

Portuguese Securities Market Commission (CMVM) Executive Board Passes A Resolution Temporarily Banning Short-Selling Of Bes And Jerónimo Martins Shares

Date 30/07/2014

Temporary prohibition of short selling in shares issued by Banco Espírito Santo, S.A. (ISIN: PTBES0AM0007) and Jerónimo Martins SGPS, S.A. (ISIN: PTJMT0AE0001), pursuant to Article 23 of the Regulation (EU) of the European Parliament and of the Council no. 236 of 14 March 2012 

US Treasury Issues Proposed Rules To Enhance Financial Transparency - New Rule Will Make Financial System More Transparent; Furthers U.S. G-8 Commitments

Date 30/07/2014

The U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) today issued a Notice of Proposed Rulemaking (NPRM) to amend existing Bank Secrecy Act (BSA) regulations to help prevent the use of anonymous companies to engage in or launder the proceeds of illegal activity in the U.S. financial sector.  The proposed rule would clarify and strengthen customer due diligence obligations of banks and other financial institutions (including brokers or dealers in securities, mutual funds, futures commission merchants, and introducing brokers in commodities).  The proposed amendments would add a new requirement that these entities know and verify the identities of the real people (also known as beneficial owners) who own, control, and profit from the companies they service.

Direct Edge Trading Notice #14-30: EDGA Fee Schedule Changes

Date 30/07/2014

Effective Friday, August 1, 2014, EDGA ExchangeSM (EDGA®) will update Step-up Tiers 1 and 2 to remove the default ADV baseline of 10,000,000 shares, pending filing with the Securities and Exchange Commission (SEC).  

SEC Charges Company CEO And Former CFO With Hiding Internal Controls Deficiencies And Violating Sarbanes-Oxley Requirements

Date 30/07/2014

The Securities and Exchange Commission today announced charges against the CEO and former CFO of a Florida-based computer equipment company for misrepresenting to external auditors and the investing public the state of its internal controls over financial reporting.

Remarks By US Assistant Attorney General John P. Carlin On Cyber-Crime At Carnegie Mellon Uninversity Pittsburgh, PA ~ Wednesday, July 30, 2014

Date 30/07/2014

Thanks for that kind introduction.   I’m grateful to be with you today to discuss emerging national security threats.

Federal Reserve Issues FOMC Statement

Date 30/07/2014

Information received since the Federal Open Market Committee met in June indicates that growth in economic activity rebounded in the second quarter. Labor market conditions improved, with the unemployment rate declining further. However, a range of labor market indicators suggests that there remains significant underutilization of labor resources. Household spending appears to be rising moderately and business fixed investment is advancing, while the recovery in the housing sector remains slow. Fiscal policy is restraining economic growth, although the extent of restraint is diminishing. Inflation has moved somewhat closer to the Committee's longer-run objective. Longer-term inflation expectations have remained stable.

MIAX Options - August 1, 2014 Fee Changes - Monthly Firm Fee Cap, Priority Customer Rebate & Select Symbol Rebate Programs

Date 30/07/2014

The MIAX Options Exchange has filed for immediate effectiveness of three filings to amend the MIAX Options Fee Schedule beginning August 1, 2014 as follows:

1. Monthly Firm Fee Cap to provide that certain orders of affiliates of Members will be included in calculating the Monthly Firm Fee Cap of $60,000 for orders that are entered and executed for an account identified by an Electronic Exchange Member for clearing in the OCC “Firm” range.
2. Priority Customer Rebate Program to modify the volume thresholds of tiers 1, 2, and 3.
3. MIAX Select Symbols to amend the Priority Customer Rebate Program to lower the per contract credit for transactions in MIAX Select Symbols for tiers 1 and 2.