News Centre

Acting Chairman Mark Wetjen Statement On CFTC Budget

Date 14/01/2014

Acting Chairman Mark Wetjen today made the following statement on the Commodity Futures Trading Commission’s (CFTC) budget in the omnibus appropriations bill:

“I am pleased that the House and Senate have agreed to an appropriations bill that includes $215 million for the CFTC,” Wetjen said. “This increase means the CFTC will be better equipped to fulfill our mission – ensuring the derivatives markets work for market participants and the public. This funding level is a step in the right direction, and we will continue working with Congress to secure resources that match our new responsibilities to provide oversight for the vast derivatives markets.”

Federal Court In Illinois Orders Chicago-Based Introducing Broker New World Holdings, LLC To Pay $50,000 To Settle Record-Keeping Violation Action

Date 14/01/2014

The U.S. Commodity Futures Trading Commission (CFTC) obtained a federal court Order against Defendant New World Holdings, LLC, (NWH) of Chicago, Illinois, requiring NWH to pay a $50,000 civil monetary penalty for destroying business records and failing to diligently supervise employees.

Statement Of CFTC Commissioner Scott O’Malia Regarding H.R. 3547, The Fiscal Year 2014 Omnibus Appropriations Act

Date 14/01/2014

I appreciate Congressional efforts to provide the Commission with an appropriation of $215 million, a modest increase in Commission spending levels. It is quite clear from this funding level that the Commission will need to pick its funding priorities carefully.  I look forward to working with my fellow Commissioners to develop a responsible spending plan that enables the Commission to conduct its enhanced oversight mission under Dodd-Frank, improve its technology utilization for surveillance purposes, and prevent furloughs of agency staff.

MIAX Options Holiday Schedule - Martin Luther King Jr. Day

Date 14/01/2014

MIAX Options Exchange will be closed on Monday, January 20, 2014 in observance of Martin Luther King Jr. Day.

Pierre Suhrcke Joins LIQUITY’s Council Of Advisors

Date 14/01/2014

Pierre Suhrcke has joined LIQUITY’s growing panel of advisors - a group of business experts who complement and strengthen the LIQUITY board and senior management team by providing specialist experience, knowledge and contacts to LIQUITY.

Douglas T. Breeden Selected As The Recipient Of The 2013 IAQF/SunGard Financial Engineer Of The Year Award

Date 14/01/2014

The International Association for Quantitative Finance (IAQF) (formerly the IAFE) and SunGardhave named Douglas T. Breeden, William W. Priest professor of finance and former dean of Duke University’s Fuqua School of Business, the 2013 IAQF/SunGard Financial Engineer of the Year (FEOY). The award will be presented to Dr. Breeden by IAQF senior fellow and former FEOY winner and Nobel laureate Robert C. Merton on February 6, 2014, at the Museum of Mathematics in New York City, during the IAQF/SunGard FEOY Award Gala Dinner.

Egyptian Exchange Reviews Stocks Elligible For Specialized Activities Twice A Year

Date 14/01/2014

EGX will be reviewing list of stocks meeting criteria for specialized activities twice a year instead of once.  This will be at the same timing of the periodic review of the components of the key indicators Egyptian Stock Exchange (January and July of each year).  This comes after approval of the Financial Supervisory Authority on EGX proposal in this concern. 

Markit Enters OMS Arena With Acquisition Of thinkFolio

Date 14/01/2014

Markit, a leading, global financial information services company, today announced that it has acquired thinkFolio, a London-based maker of portfolio management software.

Proposed Nominees To The Board Of Directors Of The Global LEI Foundation

Date 14/01/2014

The FSB Plenary, in its capacity as the Founder of the Global Legal Entity Identifier Foundation (GLEIF), has endorsed the following nominees to the initial Board of Directors BoD of the GLEIF, based on a recommendation to the FSB by the LEI Regulatory Oversight Committee (ROC).

CME Group Announces Record Year For International Coal Futures In 2013

Date 14/01/2014

CME Group, the world's leading and most diverse derivatives marketplace, today announced a record year for its international coal futures of 1,298,361 contracts (1.3 billion metric tonnes) traded in 2013. This is a 300 percent increase compared to the volume traded in 2012 which was 329,985 contracts (330 million metric tonnes).