News Centre

Program Trading Averaged 28.9 Percent Of NYSE Volume During July 30-Aug. 3

Date 09/08/2012

The New York Stock Exchange, a subsidiary of NYSE Euronext (NYX), today released its weekly program-trading data compiled from member firms' executed volume from NYSE's orders database.  The report includes trading on the NYSE for July 30-Aug. 3.

July 2012 On The Warsaw Stock Exchange

Date 09/08/2012

• WSE is #1 in Europe by the number of IPOs in Q2 2012.
• 400 companies listed on NewConnect.
• New composition of the Respect Index.
• This year’s biggest bond issue (PGNiG) newly listed on Catalyst. 

AVOX Launches Legal Entity Portal

Date 09/08/2012

Avox Limited, a wholly owned subsidiary of The Depository Trust & Clearing Corporation (DTCC), has launched an enhanced legal entity data portal at www.avoxdata.com.

"The Plan, Stan—Moving Forward On A Futures Insurance Fund" - Statement Of Commissioner Bart Chilton On The Futures Investor And Customer Protection Act (FICPA) Proposal

Date 09/08/2012

Last November, in the wake of the MF Global debacle, I called for a futures insurance fund. It made no sense to me that banking customers had insurance (up to $250,000) through the Federal Deposit Insurance Corporation (FDIC) and that security customers had similar protections up to $500,000 through the Securities Investor Protection Corporation (SIPC). The support for such a futures insurance fund, at the time, was essentially zero. Nobody said they liked it. A few folks said they didn't like it. Perhaps it would only encourage risky behavior by firms if they knew there was insurance, one Member of Congress suggested to me. That's a good point, which is why such a fund (if it were to exist) should never pay out for trading losses or losses as a result of a downturn in the economy. Some suggested, without much detail, that such a fund for futures customers would be excessively expensive. I don't agree. Ask those who lost money if they would have wanted such a fund and there will be unanimous support of such a concept.

TMX Group To Offer Equity Pre-Trade Risk Management Solution - First To Market With A Comprehensive Market-Wide Solution

Date 09/08/2012

TMX Group today announced that it will be providing its equity trading clients with a comprehensive pre-trade risk solution. The TMX Pre-trade Risk Management Solution will provide clients with the seamless connectivity and technology needed for high performance pre-trade risk-filtered access to all Canadian equity marketplaces.

CISI And FINRA Announce Cooperation On Exams And Membership

Date 09/08/2012

The Chartered Institute for Securities & Investment (CISI) and the Financial Industry Regulatory Authority of the USA (FINRA) have announced the signing of a Memorandum of Understanding (MoU) which will provide FINRA member UK-based retail investment advisers a program to meet the new UK exam standards to continue to be able to advise on securities and derivatives in the UK market and be entitled to CISI membership.

Polish Broker Alior Bank Selects SunGard’s Valdi Solution

Date 09/08/2012

Biuro Maklerskie Alior Banku (Alior Bank), the brokerage house of Polish Alior Bank, part of Italy’s Carlo Tassara Group, has selected SunGard’s Valdi trading solution for connectivity to the Warsaw Stock Exchange (WSE).

Press Conference By Tadahiro Matsushita, Japan’s Minister For Financial Services

Date 09/08/2012

(Excerpt)

(Friday, August 3, 2012, from 9:26 a.m. to 9:38 a.m.)

[Questions & Answers]

Q.

First, regarding insider trading related to public offerings of new shares,  the Securities and Exchange Surveillance Commission (SESC) recommended that the  Financial Services Agency (FSA) take administrative action against Nomura  Securities. Could you comment on the recommendation and tell me about the  schedule for taking administrative action?

A.

I would like to refrain from commenting on a specific administrative action  that may be taken against an individual securities company. In any case, the FSA  will consider what administrative action to take in light of the SESC's  recommendation, the results of the series of internal investigations conducted  by Nomura Securities and corrective measures adopted by the company. For the  moment, I have nothing more to add.

HKFE Announces Revised Margins For Esprit Holdings Futures

Date 09/08/2012

Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Monday, 13 August 2012, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contract will be as outlined in the table below.  The adjustments are based on the clearing company’s normal procedures and standard margining methodology.

Thomson Reuters Extends Tender Offer For FXall

Date 09/08/2012

Thomson Reuters (TSX / NYSE: TRI), the world’s leading source of intelligent information for businesses and professionals, today announced that it is extending the previously announced cash tender offer made by its wholly owned, indirect subsidiary, CB Transaction Corp., to purchase all of the outstanding shares of common stock of FXall (NYSE:FX), the leading independent global provider of electronic foreign exchange trading solutions to corporations and asset managers, until 5:00 p.m., New York City time, on Friday, August 17, 2012.