News Centre

CFTC Wins Fraud Trial Against Hunter Wise Related Precious Metals Firms And Their Owners

Date 22/05/2014

• Federal court orders fred jager, harold e. Martin, jr. And the hunter wise companies to pay over $108 million in restitution and penalties
• Court calls fraudulent conduct “repeated, callous and blatant” 

SEC Charges Vitamin Company's Former Board Member And Brothers With Insider Trading

Date 22/05/2014

The Securities and Exchange Commission today charged a former director of a Long Island-based vitamin company and others in his family circle with insider trading ahead of the company’s sale to a private equity firm.

PEGAS To Extend Services To 24/7 On French Pegs And To Launch Belgian Gas Contracts

Date 22/05/2014

PEGAS, the natural gas platform launched jointly by EEX and Powernext, will introduce new products and services to assist the gas community. 24/7 trading on the French PEG Spot Markets and contracts on Belgian hubs are scheduled to be launched on 9 July 2014, depending on member readiness.

IMC Financial Markets To Become Designated Market Maker On The NYSE - Reaches Agreement To Purchase Goldman Sachs’ DMM Trading Rights

Date 22/05/2014

The New York Stock Exchange (NYSE) and IMC Financial Markets (IMC), a global market making firm, today announced IMC Chicago LLC is expected to become a Designated Market Maker (DMM) by acquiring the Goldman Sachs DMM trading rights. Upon completion of the transaction, IMC will be the DMM for over 630 securities and approximately 400 operating companies, including many U.S. and international blue chip corporations. The transaction is expected to close in the third quarter. Financial terms of the transaction were not disclosed.

ICE Announces CEO Duncan L. Niederauer To Retire From NYSE, Remain President Of ICE Through August 2014 - Thomas L. Farley, Current COO, Named As NYSE Successor

Date 22/05/2014

IntercontinentalExchange Group (NYSE: ICE), the leading global network of exchanges and clearing houses, announced that, in light of the rapid integration of ICE and NYSE, Duncan Niederauer, CEO of NYSE Group and Co-President of ICE, has accelerated his planned departure. Niederauer will continue as President of ICE, contributing to the companies’ integration, through August 2014. Niederauer served as CEO of NYSE Euronext from 2007 through late 2013, when the acquisition by ICE was completed. Thomas W. Farley, the COO of the NYSE and former ICE Futures U.S. President, will succeed Niederauer, taking the title of President of NYSE Group, effective immediately.

Thai Bourse Will Open Securities Trading On May 23 As Usual

Date 22/05/2014

The Stock Exchange of Thailand (SET), Market for Alternative Investment (mai), Thailand Futures Exchange (TFEX) and Bond Electronic Exchange (BEX) will open for securities trading as usual tomorrow (May 23, 2014) so that local and foreign investors can invest continuously, until further notice.

Liquidnet Raises The Bar For Transparency & Control - Liquidnet’s Transparency Controls Settings Set New Industry Standard - Nearly 80% Of Members Globally Confirm Settings

Date 22/05/2014

Liquidnet, the global institutional trading network, today announced that nearly 80% of its members have met with Liquidnet in person to review and confirm their Liquidnet Transparency Controls settings. This new global technology, introduced in October 2013, represents one of the industry’s leading approaches to transparency, giving buy-side traders and trading desks at 740 of the world’s leading asset management firms ultimate control over the liquidity they can access and how their data is used when trading through Liquidnet. Liquidnet continues to engage with its Members to complete the Transparency Controls rollout. 

ESMA Consults On MiFID Reforms

Date 22/05/2014

The European Securities and Markets Authority (ESMA) has launched the consultation process for the implementation of the revised Markets in Financial Instruments Directive (MiFID II) and Regulation (MiFIR). This is the first step in the process of translating the MiFID II/MiFIR requirements into practically applicable rules and regulations to address the effects of the financial crisis and to improve financial market transparency and strengthen investor protection.

Thai Bourse’s Roadshow In Europe Boosts Investors’ Confidence In Thai Economy And Investment

Date 22/05/2014

The Stock Exchange of Thailand (SET) has recently led a number of listed companies on the “SET & CLSA EU-UK Outbound Roadshow 2014”, during May 19 – 23. Investors’ interests were focused on two main issues namely the fundamentals of Thailand’s listed companies and the political situation which could affect the local economy and growth prospect.  The key decision-making factors of investors in European Union and United Kingdom were the clear direction of Thai politics after the recent imposed martial law, as well as the continuation of various development projects to promote growth.

Thomson Reuters Wins The Asian Banker Financial Markets Awards 2014 - Thomson Reuters Honoured For Strong FX Trading And Reference Data Capabilities

Date 22/05/2014

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced it has been awarded ‘Trading Platform of the Year’ and ‘Trading & Reference Data Provider of the Year’ in The Asian Banker Financial Markets Awards. The winners were selected by The Asian Banker editorial team in consultation with an international panel of advisors comprising industry leaders, practitioners and academics.