News Centre

Nigerian Stock Exchange Weekly Report For The Week Ended 28 February 2014

Date 28/02/2014

A turnover of 1.809 billion shares worth N26.698 billion in 25,342 deals were traded this week by investors on the floor of The Exchange in contrast to a total of 6.973 billion shares valued at N24.439 billion that exchanged hands last week in 27,633 deals.

CFTC Obtains Default Judgment Against Altamont Global Partners LLC And John G. Wilkins For Commodity Pool Fraud, Misappropriation, And Making False Statements To National Futures Association - U.S. District Court In Florida Orders Defendants To Pay More Than $15.8 Million In CFTC Anti-Fraud Action

Date 28/02/2014

The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Gregory A. Presnell of the U.S. District Court for the Middle District of Florida entered a default judgment and permanent injunction Order against Defendants Altamont Global Partners LLC (AGP) of Longwood, Florida, and its owner, John G. Wilkins, formerly of Chuluota, Florida. The Order requires AGP to pay $10,969,843 in disgorgement and Wilkins to pay $1,214,902 in disgorgement and a $3,644,706 civil monetary penalty. The Order also imposes permanent trading and registration bans against them and prohibits them from violating the Commodity Exchange Act and a CFTC regulation, as charged.

Direct Edge Trading Notice #14-08: EDGA & EDGX Fee Schedule Changes

Date 28/02/2014

Effective Monday, March 3, 2014, EDGA ExchangeSM (EDGA®) and EDGX ExchangeSM (EDGX®) will make the following fee schedule changes, pending filing with the Securities and Exchange Commission (SEC).

MIAX Options Exchange: MIAX Options - Changes To Market Maker Transaction Fees And Priority Customer Rebates Effective March 1, 2014

Date 28/02/2014

The MIAX Regulatory Circular, MIAX_RC_2014_08, refers to the MIAX Options Exchange fee amendments to the following beginning March 1, 2014:

• Market Maker Transaction Fees
• Priority Customer Rebate Program

National Stock Exchange: Pricing Change For Orders Routed And Executed At Away Trading Centers

Date 28/02/2014

National Stock Exchange, Inc. (“NSX” or the “Exchange”) is issuing this Information Circular to provide notice to Exchange Equity Trading Permit (“ETP”) Holders that, subject to review by the Securities and Exchange Commission, the Exchange is reducing the fee assessed for orders routed and executed at away trading centers (“Orders Routed Away”).

Council Of The European Union And European Parliament Agree On Electronic Identification Rules

Date 28/02/2014

The member states' permanent representatives today endorsed the compromise reached between the Council and the European Parliament concerning a regulation which lays down conditions for mutual recognition of electronic identification; sets rules for trust services, in particular for electronic transactions; and creates a legal framework for electronic signatures, seals and time stamps, electronic documents as well as electronic registered delivery services and certificate services for website authentication. 

CFTC Obtains Permanent Injunction Orders And Monetary Sanctions Against Susan G. Davis, David E. Howard II, And Joseph Burgos For Fraudulent Solicitation Of Managed Foreign Currency Trading Accounts - Court Orders Defendants To Pay Nearly $907,600 In Equitable

Date 28/02/2014

The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Katherine B. Forrest of the U.S. District Court for the Southern District of New York entered Consent Orders for permanent injunction against Defendants Susan G. Davis of Jersey City, N.J. and David E. Howard II of New York, N.Y., and a Supplemental Order assessing monetary damages against Defendant Joseph Burgos of Rutherford, N.J. Previously, on October 29, 2013, the court entered a permanent injunction Order against Burgos that imposed permanent trading and registration bans against him. The court’s Orders require Davis, Howard, and Burgos jointly and severally to pay restitution of $407,599.87 for the benefit of defrauded customers and a $500,000 civil monetary penalty, with Davis’s and Howard’s individual liability for the civil monetary penalty limited to $250,000. The Orders also impose permanent trading and registration bans against Davis and Howard and prohibit them from violating the Commodity Exchange Act and CFTC regulations, as charged.

TOM MTF Statistics Week 9, 2014

Date 28/02/2014

Click here to download the weekly statistics update of TOM MTF for week 9, 2014. 

Malawi Stock Exchange Market Holiday

Date 28/02/2014

Monday, 3^rd March 2014 is Public Holiday in Malawi, therefore there will be no trading.

European Banking Authority Publishes Consumer Trends Report

Date 28/02/2014

The European Banking Authority (EBA) published today its annual report on consumer trends, giving an overview of the analysis carried out in the area of consumer protection and financial innovation. The report identifies the consumer issues that may arise, or have arisen, from these trends, and describes the approaches the EBA will be taking in 2014 to address them.