News Centre

TABB Group Reaction To European Commission Continuing To Press Ahead With The Council's Recommendation Of 4% And 8% Volume Caps For Dark Pool Trading

Date 14/11/2013

According to TABB’s senior research analyst Rebecca Healey in London, despite the capital markets industry’s best efforts, the European Commission is continuing to press ahead with the Council’s recommendation of the 4% and 8% volume caps for dark pool trading, as well as price improvement at the mid-point. 

CFTC’s Divisions Of Clearing And Risk, Market Oversight And Swap Dealer And Intermediary Oversight Issue Guidance On The Application Of Certain Commission Regulations To Swap Execution Facilities

Date 14/11/2013

The Commodity Futures Trading Commission’s Divisions of Clearing and Risk, Market Oversight and Swap Dealer and Intermediary Oversight issued guidance (Guidance) today to swap execution facilities (SEFs) and applicants for registration as a SEF concerning certain Commission regulations. The Guidance addresses certain restrictions related to swaps executed or traded on or subject to the rules of a SEF that are intended to be cleared. In addition, the Guidance addresses requirements placed on eligible contract participants for access to a SEF.

Readers Award BAE Systems Detica The Best Financial Crime Product Or Service At The Banking Technology Awards 2013

Date 14/11/2013

BAE Systems Detica announces that it has been awarded the Best Financial Crime Product or Service award in the readers’ choice category at the Banking Technology Awards 2013. The accolade was given in recognition of Detica’s outstanding performance in the financial services security market, and in particular its ability to detect the most sophisticated threats, its unique customer approach, and its strong product portfolio.

CFTC Staff Issues Advisory On The Applicability Of Transaction-Level Requirements In Certain Cross-Border Situations

Date 14/11/2013

Today, the Division of Swap Dealer and Intermediary Oversight (DSIO) of the Commodity Futures Trading Commission (CFTC) responded to an inquiry from swap market participants and other interested parties on the applicability of Dodd-Frank Transaction-Level Requirements to swaps between non-U.S. swap dealers (SDs) (whether an affiliate or not of a U.S. person) and non-U.S. persons if the swap is arranged, negotiated, or executed by personnel or agents of the non-U.S. SD located in the U.S. DSIO is issuing a Staff Advisory to help market participants better understand the applicability of the Commission’s rules.

Alternative UCITS, 3Q 2013 Update - MondoAlternative

Date 14/11/2013

• Alternative UCITS inflows in 3Q 2013: +3.2 Euro billion, Single managers; +93 Euro million, Fund of funds
• 109 Euro billion (end of September 2013) of total assets under management monitored, up from 103.7 Euro billion at end of June 2013;
• Long/short equity and Equity market neutral strategies are responsible for the growth of the sector: +2.3 Euro billion and +986 Euro millions of inflows respectively in 3Q 2013 (see chart 1).

Kevin W. Goodman Named Head Of SEC’s Broker-Dealer Examination Program

Date 14/11/2013

The Securities and Exchange Commission today announced that Kevin W. Goodman has been named as the national associate director of the broker-dealer examination program in the Office of Compliance Inspections and Examinations (OCIE).  He will oversee a staff of approximately 300 lawyers, accountants, and examiners responsible for inspections of U.S.-registered broker-dealers.

CBOE And C2 To List Options On Twitter (TWTR) On November 15

Date 14/11/2013

The Chicago Board Options Exchange (CBOE) and C2 Options Exchange (C2) announced that they will list options on the stock of Twitter, Inc. (NYSE:TWTR) on Friday, November 15. 

BM&FBOVESPA Proclamation Of The Republic Day

Date 14/11/2013

Friday (November 15) is national public holiday in Brazil and there will be no trading on BM&FBOVESPA. 

Program Trading Averaged 23.3 Percent Of NYSE Volume During Nov. 4-8

Date 14/11/2013

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 Nov. 4-8.

IntercontinentalExchange Inc. (USA): Merger With NYSE Euronext (USA) - Changes In FTSE Mondo Visione Exchanges Index

Date 14/11/2013

Following the receipt of all regulatory approvals and subsequent completion of the cash and stock acquisition of NYSE Euronext (USA) by IntercontinentalExchange Inc. (USA) and in accordance with the terms of the merger, NYSE Euronext was deleted from the FTSE Mondo Visione Exchanges index. IntercontinentalExchange will remain in the index.