News Centre

Former Rochdale Securities Trader Arrested In Connecticut

Date 05/12/2012

A New York man was arrested today on a federal criminal complaint charging him with wire fraud, announced the U.S. Attorney, announced U.S. Attorney for the District of Connecticut David B. Fein and Special Agent in Charge of the New Haven Division of the FBI Kimberly K. Mertz. The complaint alleges that David Miller, 40, of Rockville Centre, N.Y., engaged in a fraud scheme relating to large purchases of stock in Apple Inc. while he was employed as an institutional sales trader for Rochdale Securities LLC of Stamford.

Trading And Markets Director Robert Cook To Leave SEC

Date 05/12/2012

The Securities and Exchange Commission today announced that Robert W. Cook, Director of the SEC’s Division of Trading and Markets, plans to leave the agency.

Assets In ETFs And ETPs Listed Globally Reach A New Record High With US$1.9 Trillion At The End Of November 2012

Date 05/12/2012

Global Exchange Traded Fund (ETF) and Exchange Traded Product (ETP) assets reached an all-time high of US$1.9 trillion at the end of November 2012, according to figures from ETFGI’s monthly global ETF and ETP industry insights.

CFTC: Federal Court In New York Orders Defendants Forex Capital Trading Group, Forex Capital Trading Partners, And Highland Stone Capital Management To Pay Over $1.8 Million For Fraud In Off-Exchange Foreign Currency Scheme - Court Order Permanently Bars Defendants From The Commodities Industry

Date 05/12/2012

The U.S. Commodity Futures Trading Commission (CFTC) today announced that Judge Katherine B. Forrest of the U.S. District Court for the Southern District of New York entered a default judgment and permanent injunction order against defendants Forex Capital Trading Group, Inc.(Forex Group), Forex Capital Trading Partners, Inc. (Forex Partners), both of New York, N.Y., and Highland Stone Capital Management, L.L.C. (Highland Stone) of Rutherford, N.J. The order requires these defendants to pay a civil monetary penalty of $1,352,293 and to disgorge $450,764 of ill-gotten gains for the benefit of defrauded customers. The order also imposes permanent trading and registration bans against the defendants and prohibits them from violating the Commodity Exchange Act and CFTC regulations, as charged.

NYSE Euronext Announces Proposed Pan-European Project For SMEs

Date 05/12/2012

Following the recommendations of its Strategic Planning Committee for SMEs, NYSE Euronext (NYX) today announced plans to launch a pan-European exchange especially for small and medium-sized companies, developed in consultation with all of the Group’s European markets.

Montréal Exchange Announces The 2012 University Partnership Awards

Date 05/12/2012

Montréal Exchange Inc. (MX), a wholly-owned subsidiary of TMX Group Limited and Canada's derivatives exchange, today announced the winners of the 2012 University Partnership Awards. The awards ceremony was held in conjunction with TMX Group's Board of Directors reception held last evening at the MX.

British Bankers' Association Welcomes Measures For Businesses And Growth In Autumn Statement 2012

Date 05/12/2012

British Bankers' Association chief executive Anthony Browner said:

"This was an Autumn Statement which focused clearly on supporting the UK's businesses. There were a number of targeted measures designed to help the UK's businesses and particularly SMEs."

Quoted Companies Alliance Welcomes Government Announcement On AIM Shares In ISAs

Date 05/12/2012

The Quoted Companies Alliance, the independent membership organisation that champions the interests of small to mid-size quoted companies, welcomes the Chancellor’s announcement in the Autumn Statement today that the Government will consult on the inclusion of shares traded on small and medium enterprise (SME) equity markets, such as AIM, into Individual Savings Accounts (ISAs).

Dow Jones Islamic Market Titans 100 Index Finished Up 0.37% in November - Index Measures Performance of 100 of World’s Leading Shari’ah-Compliant Stocks - Dow Jones Islamic Market Asia/Pacific Titans 25 Index, Dow Jones Islamic Market Europe Titans 25 Index End November in Positive Territory - Dow Jones Islamic Market U.S. Titans 50 Index Lose 0.43%

Date 05/12/2012

The Dow Jones Islamic Market Titans 100 Index finished November up 0.37%, according to data compiled by S&P Dow Jones Indices. The index measures the performance of 100 of the world’s leading Shari’ah-compliant stocks.

ETFGI Global ETF And ETP Industry Insights, November 2012

Date 05/12/2012

Summary for ETFs listed globally

At the end of November 2012, the global ETF industry had 3,336 ETFs, with 7,610 listings, assets of US$1,688 Bn, from 180 providers on 54 exchanges.