News Centre

Thailand Futures Exchange Welcomes AWS To Be Full License Member

Date 13/12/2013

The Thailand Futures Exchange PCL (TFEX), under the Stock Exchange of Thailand group, announces that it has granted Asia Wealth Securities Co.,Ltd (AWS) a full license derivatives trading member, effective from December 18. The broker also secured a derivatives clearing license from Thailand Clearing House with the same effective date, said TFEX Managing Director Kesara Manchusree.

ASX Wins Clearing House Award

Date 13/12/2013

ASX Clear, part of the ASX Group, has been named ‘Clearing House of the Year’ for Australasia, Middle East and Africa (MEA), at the Futures and Options World (FOW) magazine’s International Awards ceremony in London this week.  

S&P Dow Jones Indices Announces Changes To The S&P/TSX Canadian Indices - A Deletion From The S&P/TSX SmallCap Index

Date 12/12/2013

Toronto, Ontario, December 12, 2013 – S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:

The shareholders of Angle Energy Inc. (TSX:NGL) have approved an Arrangement Agreement with Bellatrix Exploration Ltd. (TSX:BXE). Angle Energy shareholders will receive a combination of cash and Bellatrix Exploration shares for each share held. Angle Energy will be  removed  from  the  S&P/TSX  SmallCap  Index  after  the  close  of  trading  on  Monday, ecember 16, 2013.

CFTC Orders David R. Lynch To Pay More Than $470,000 In Restitution And A Civil Monetary Penalty To Settle Charges Of Fraudulent Misappropriation, Fraudulent Solicitations, And False Statements

Date 12/12/2013

The U.S. Commodity Futures Trading Commission (CFTC) today announced that it entered an Order requiring David R. Lynch of Stuart, Florida, to make restitution of $171,297 to defrauded customers and pay a $300,000 civil monetary penalty, among other sanctions, for fraudulent misappropriation, fraudulent solicitations, and false statements in connection with a commodity pool trading leveraged or margined off-exchange foreign currency contracts (forex). Lynch has never been registered with the CFTC.

SIFMA Appoints Kenneth E. Bentsen, Jr. President And CEO, Announces Former Senator Judd Gregg Will Step Down As CEO

Date 12/12/2013

The Securities Industry and Financial Markets Association (SIFMA) today announced the appointment of Kenneth E. Bentsen, Jr. as President and CEO, effective immediately.  Bentsen previously served as SIFMA's president.  Former Senator Judd Gregg has informed the SIFMA Board of Directors that he is stepping down as CEO.  Senator Gregg will continue working with the association in the role of senior advisor.   

Program Trading Averaged 27.9 Percent Of NYSE Volume During Dec. 2-6

Date 12/12/2013

The New York Stock Exchange, a subsidiary of NYSE Euronext (NYX), today released its weekly program-trading data compiled from member firms’ executed volume from NYSE’s orders database. The report includes trading on the NYSE for Dec. 2-6.

SEC Charges Investment Managers For Misconduct In CDO Collateral Selection Process

Date 12/12/2013

The Securities and Exchange Commission today charged the managing partners of a Charlotte, N.C.-based investment advisory firm for compromising their independent judgment and allowing a third party with its own interests to influence the portfolio selection process of a collateralized debt obligation (CDO) being offered to investors.

SIFMA AMG And ISDA Announce That CUSIPs Are Now Available For MAC Contracts

Date 12/12/2013

The Securities Industry and Financial Markets Association’s (SIFMA) Asset Management Group (AMG) and the International Swaps and Derivatives Association (ISDA), working in collaboration with CUSIP Global Services, have developed CUSIP numbers for the Market Agreed Coupon (MAC). MAC Contracts were developed jointly by SIFMA AMG and ISDA in April 2013. 

SEC Charges Merrill Lynch With Misleading Investors In CDOs - Firm Agrees To $131 Million Settlement

Date 12/12/2013

The Securities and Exchange Commission today charged Merrill Lynch with making faulty disclosures about collateral selection for two collateralized debt obligations (CDO) that it structured and marketed to investors, and maintaining inaccurate books and records for a third CDO.

Mark Wetjen Appointed Sponsor Of CFTC’s Global Markets Advisory Committee

Date 12/12/2013

Commodity Futures Trading Commission (CFTC) appointed Commissioner Mark Wetjen to serve as Sponsor of its Global Markets Advisory Committee (GMAC). “I look forward to engaging the members of the GMAC on a regular basis to foster dialogue and international cooperation on global issues facing customers, market participants, the CFTC, and foreign and domestic regulators,” said Commissioner Wetjen. “I thank my colleagues and I am honored to Sponsor the GMAC”