News Centre

BOX Options Exchange June 2014 InBOX

Date 04/06/2014

This is the June issue of InBOX, your news source from inside the BOX Options Exchange. This monthly publication will provide convenient summaries of recent developments at BOX.

SIFMA Statement On Senate Confirmation Of CFTC Chairman And Commissioners

Date 04/06/2014

SIFMA today issued the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on the Senate confirmation of Tim Massad as CFTC chairman and Christopher Giancarlo and Sharon Bowen as commissioners:

"We would like to congratulate the new CFTC Chairman Tim Massad and Commissioners Christopher Giancarlo and Sharon Bowen on their Senate confirmation.  The CFTC is essential to maintaining the integrity of the markets and having a full commission ensures that this mission can be effectively carried out.  We look forward to working with the new chairman and commissioners and wish them success in their new roles."

Regulating High Frequency Trading - Speech By Martin Wheatley, CEO, The UK Financial Conduct Authority, At The Global Exchange And Brokerage Conference, New York

Date 04/06/2014

Thank you for that kind introduction. And my sincere thanks to everyone here for joining this lunchtime session. It’s a great pleasure and privilege to return to New York.

Two Companies To Join FTSE 100 Index

Date 04/06/2014

FTSE Group (“FTSE”) confirms today that 3i Group and Intu Properties will be joining the FTSE 100 Index. In the rebalance, Melrose Industries and William Hill will leave the UK’s leading index and enter the FTSE 250 Index.

Central European University (CEU) Kicks Off "Your Move" New Venture Competition In Partnership With NASDAQ OMX And Prezi

Date 04/06/2014

What:

"Your Move" is a new venture competition that challenges CEU Business School MBA students to create a new company. Top participants will present their ventures to a panel of judges at the NASDAQ MarketSite in New York City. The winning team will appear on the NASDAQ tower in Times Square and on the NASDAQ OMX MarketInsite website.

Thomson Reuters Celebrates Record Five Wins At Profit & Loss Readers' Choice Awards

Date 04/06/2014

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, has won five awards at the Profit & Loss Readers’ Choice Digital Markets Awards 2014 – a record for Thomson Reuters at this event.

ISDA Statement On CFTC Confirmations

Date 04/06/2014

The International Swaps and Derivatives Association, Inc. (ISDA) today issued a statement in response to the US Senate confirmation of Timothy Massad as the new chairman of the Commodity Futures Trading Commission (CFTC), and the confirmations of two new CFTC commissioners, J. Christopher Giancarlo and Sharon Y. Bowen.

IOSCO Consults On Good Practices On Reducing Reliance On Credit Rating Agencies

Date 04/06/2014

The International Organization of Securities Commissions today published a consultation report onGood Practices on Reducing Reliance on CRAs in asset management. The report is aimed at gathering the views and practices of investment managers, institutional investors and other interested parties, with a view to developing a set of good practices on reducing over reliance on external credit rating in the asset management space. 

FINRA Fines Barclays Capital, Goldman Sachs And Merrill Lynch $1 Million Each For Submitting Inaccurate Blue Sheet Data - Disciplinary Complaint Issued Against Wedbush Securities

Date 04/06/2014

The Financial Industry Regulatory Authority (FINRA) today announced it has censured and fined Barclays Capital Inc.; Goldman, Sachs & Co.; and Merrill Lynch, Pierce, Fenner & Smith, Inc., $1 million each for failing to provide complete and accurate information about trades performed by the firms and their customers, commonly known as "blue sheet" data, to FINRA, the SEC and other regulators. In addition, FINRA issued a complaint against Wedbush Securities, Inc., for failing to submit complete and accurate blue sheets.

Statement On 2nd Circuit Decision, Andrew Ceresney, Director, SEC Division Of Enforcement

Date 04/06/2014

"We are pleased with today’s ruling by the Second Circuit Court of Appeals reaffirming the significant deference accorded to the SEC in determining whether to settle with parties and on what terms.  While the SEC has and will continue to seek admissions in appropriate cases, settlements without admissions also enable regulatory agencies to serve the public interest by returning money to harmed investors more quickly, without the uncertainty and delay from litigation and without the need to expend additional agency resources."