News Centre

American University Of Sharjah Students Complete Successful Trading Game Sponsored By DFM And NASDAQ Dubai

Date 29/01/2014

Students at American University of Sharjah (AUS) have completed an exciting month-long trading game sponsored by Dubai Financial Market (DFM) and NASDAQ Dubai, in which they gained an insight into real-life investment strategies.

SGX Proposes Changes To Its Global Benchmark SICOM Rubber Contracts

Date 29/01/2014

SEC Approves Listing Options On Nations VolDex® - ISE And ISE Gemini Will Be The First Exchanges To List Options On Nations VolDex

Date 29/01/2014

International Securities Exchange Holdings, Inc. (ISE Holdings) today announced that the SEC has approved listing options on the Nations VolDex® Index (ticker: VOLI). The Nations VolDex measures implied volatility by focusing on at-the-money options while also offering an alternative gauge of volatility. ISE Holdings' two options exchanges, ISE and ISE Gemini, are the first options exchanges to enter into a licensing agreement with NationsShares® to list options on the Nations VolDex. The exchanges plan to list options on VolDex later this year. 

ISE ETF Ventures And BlueStar Indexes Expand Partnership - Launch BlueStar Israeli BIGTech Index

Date 29/01/2014

ISE ETF Ventures announced today the expansion of its partnership with BlueStar Indexes, a provider of Israeli-focused investment research, by launching the jointly developed BlueStar Israel Global Technology Index, "BIGTech" (Ticker: BGTH). BIGTech provides a benchmark for investors interested in tracking the broadest and deepest universe of Israeli technology-focused public companies, irrespective of listing venue. BIGTech was also licensed to KSM Sal Indices Certificates Ltd. of Israel as the basis for a new mutual fund; ISE ETF Ventures signed a separate agreement last year with KSM to license the ISE Water Index for the KSM Water Fund. This is the second index launched through the BlueStar partnership, with the first being the BlueStar Israel Global Index , "BIGI" (ticker: BLS), which launched in June 2013.

Cyber Criminal Pleads Guilty To Developing And Distributing Notorious Spyeye Malware

Date 28/01/2014

Aleksandr Andreevich Panin, a Russian national also known as “Gribodemon” and “Harderman,” has pleaded guilty to conspiracy to commit wire and bank fraud for his role as the primary developer and distributor of the malicious software known as “SpyEye,” which, according to industry estimates, has infected over 1.4 million computers in the United States and abroad.

Trading Technologies’ University Program Now Active In More Than 50 Schools Across The Globe - University Program Provides Real-World Experience For The Next Generation Of Futures Industry Professionals

Date 28/01/2014

Trading Technologies International, Inc. (TT) recently reached a milestone with its University Program as its X_TRADER® software is now installed at more than 50 universities across the globe, encompassing schools in 10 countries throughout North America, Europe, the Middle East and Asia.

SEC: Barbara Lorenzen Named To Senior Position In National Exam Program

Date 28/01/2014

The Securities and Exchange Commission today announced that Barbara S. Lorenzen has been promoted to a senior position in the agency’s Office of Compliance Inspections and Examinations (OCIE), which conducts the national examination program.

Commodity Futures Trading Commission’s Global Markets Advisory Committee To Meet February 12, 2014 - Committee To Discuss CFTC Staff Advisory Issued On November 14, 2013 On The Applicability Of Transaction-Level Requirements In Certain Cross-Border Situations

Date 28/01/2014

 cThe U.S. Commodity Futures Trading Commission (CFTC) will convene a meeting of its Global Markets Advisory Committee (GMAC) on Wednesday, February 12, 2014, to discuss the CFTC staff's advisory issued on November 14, 2013, related to the CFTC's cross-border guidance addressing the applicability of certain Commission regulations. 

Perseus Tapped In FinTech 50 2014 High-Growth Businesses Of Europe - FinTech 50 Selects Perseus For Short-List Of Game-Changing Innovative Firms For Third Consecutive Year - Award Recognises Firms For Redefining Financial Services Through Technology

Date 28/01/2014

vPerseus Telecom, a leading provider of high-speed global networks, market-to-market microwave connectivity and High Precision Time™, has been named as one of the FinTech 50 2014 companies in Europe. The award recognises Perseus for its high-growth momentum and technological innovation within the fast-paced financial services sector. 

FINRA Fines Banorte-Ixe Securities $475,000 For Inadequate Anti-Money Laundering Program And For Failing To Register Foreign Finders - Firm Failed To Monitor, Detect And Report $28 Million Activity In Customer Account Reportedly Tied To Mexican Drug Cartel

Date 28/01/2014

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Banorte-Ixe Securities International, Ltd., a New York-based securities firm that services Mexican clients investing in U.S. and global securities, $475,000 for not having adequate anti-money laundering (AML) systems and procedures in place and for failing to register approximately 200 to 400 foreign finders who interacted with the firm's Mexican clients. FINRA also suspended Banorte Securities' former AML Officer and Chief Compliance Officer, Brian Anthony Simmons, for 30 days in a principal capacity, as he was responsible for the firm's AML procedures and for monitoring suspicious activities. As a result of the firm's AML compliance failures, Banorte Securities opened an account for a corporate customer owned by an individual with reported ties to a drug cartel, and did not detect, investigate or report the suspicious rapid movement of $28 million in and out of the account.