News Centre

Statement Of Support By CFTC Chairman Gary Gensler: Clearing Exemption For Swaps Between Certain Affiliated Entities

Date 02/04/2013

I support the final rule to exempt swaps between certain affiliated entities within a corporate group from the clearing requirement in the Dodd-Frank Wall Street Reform and Consumer Protection Act.

OneChicago Announces Trading Volume For March 2013 - OneChicago’s First Quarter 2013 Trading Volume Increases 67% Compared With 2012 - OneChicago’s March Open Interest Up 47% From March 2012

Date 01/04/2013

OneChicago, LLC (OCX), an equity finance exchange, today announced March 2013 volume of 752,336, an increase of 9% compared with the same period in 2012.

BOX Options Exchange Price Improvement Activity For March

Date 01/04/2013

In the month of March, price improved contracts on BOX Options Exchange (“BOX”) averaged 185,523 per day. Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction, PIP, averaged $182,256 per day, while total savings to investors this month was $3.6 MM. With this, BOX has saved investors over $424 MM since its inception in 2004. Overall average daily trading volume on BOX in the month of March was 320,933 contracts.

BATS 1000 Index Rises 0.9% This Week

Date 01/04/2013

BATS Global Markets, a leading operator of securities markets in the U.S. and Europe, reports the BATS 1000®Index (Ticker: BATSK) rose 166.18 points, or 0.9%, this week to close at 17,769.52 as of the 4 p.m. ET market close on 28 March. 

S&P Dow Jones Indices Announces Changes ToThe S&P/TSX Canadian Indices - A Deletion From The S&P/TSX SmallCap Index

Date 01/04/2013

S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:

The shareholders of Pace Oil & Gas Ltd. (TSX:PCE) and AvenEx Energy Corp. (TSX:AVF) have approved the Arrangement Agreement whereby the two companies will combine to form Spyglass Resources Corp. (TSX:SGL). Shareholders of AvenEx Energy will receive 1 share of Spyglass Resources for each share held and shareholders of Pace Oil & Gas will receive 1.3 shares of Spyglass Resources for each share held. Pace Oil & Gas will be the company going forward  as  Spyglass  Resources.  AvenEx  Energy  will  be  removed  from  the  S&P/TSX SmallCap Index after the close of trading on Wednesday, April 3, 2013. At the same time, the shares of the combined entity Spyglass Resources will be increased in the same index to reflect the share exchange.

CBOE Futures Exchange: Trading Volume In VIX Futures Reaches New All-Time High For Third Consecutive Month -Total Monthly Volume Rises 64% Year-Over-Year -Tops Three Million Contracts For Second Straight Month

Date 01/04/2013

The CBOE Futures Exchange, LLC (CFE^®) announced today that March 2013 was the third consecutive month in which total volume in futures on the CBOE Volatility Index^® (VIX^®) and total exchange-wide trading reached new all-time highs.

Remarks To Students At The George Washington University By SEC Chairman Elisse Walter

Date 01/04/2013

Good evening. Thank you for that kind introduction, and my thanks to the members of Alpha Kappa Psi — the nation’s largest and oldest professional business fraternity — for inviting me to speak and pulling this event together. Thanks, as well, to all of you for taking the time to attend. And I’d particularly like to thank my friend Mary Goelzer, who was kind enough to extend the invitation to me.

CBOE Holdings Reports March 2013 Trading Volume - VIX Futures Set Record Total Monthly Volume For Third Straight Month

Date 01/04/2013

CBOE Holdings, Inc. (NASDAQ: CBOE) reported today that March  trading volume for options contracts on Chicago Board Options Exchange^®, Incorporated (CBOE^®) and C2 Options Exchange (C2^SM) and futures contracts on CBOE Futures Exchange, LLC (CFE^®) totaled 89.81 million contracts. Average daily volume (ADV) in March was 4.49 million contracts, up three percent from 4.38 million contracts in February 2013 and down nine percent from 4.93 million contracts in March 2012. 

CFTC’s Division Of Swap Dealer And Intermediary Oversight Issues Time-Limited No-Action Relief To Swap Dealers And Major Swap Participants Regarding Certain Recordkeeping Obligations

Date 01/04/2013

The Commodity Futures Trading Commission’s Division of Swap Dealer and Intermediary Oversight (DSIO) issued time-limited no-action relief for swap dealers (SDs) and major swap participants (MSPs) concerning certain recordkeeping obligations under Part 23 of the Commission’s Regulations.

NASDAQ OMX To Acquire Espeed Platform For Trading Of U.S. Treasuries - Transaction Drives Diversification And Strong Entry Point Into The Electronic Fixed Income Business - Expected To Be Accretive To EPS Within 12 Months, Excluding Transaction-Related Costs, And Generate Attractive Returns On Capital

Date 01/04/2013

The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced it has entered into an agreement with BGC Partners, Inc. to acquire the eSpeed platform for a purchase price of $750 million in cash plus certain contingent issuances of stock that approximate certain tax benefits to NASDAQ OMX. eSpeed operates a fully executable central limit order book for electronic trading in U.S. Treasuries, which will give NASDAQ OMX a strong entry point in the electronic fixed income business – one of the largest and most liquid cash markets in the world. The transaction is expected to be accretive to earnings within the first twelve months after closing, excluding transaction-related costs, and to generate attractive returns on capital.