News Centre

SIFMA Market Close Recommendations For The US Independence Day Holiday In The US, The UK And Japan

Date 27/06/2012

In observance of the US Independence Day holiday, SIFMA made holiday recommendations in the U.S., the U.K., and Japan.

SIFMA Market Close Recommendations For The US Independence Day Holiday In The US, The UK And Japan

Date 27/06/2012

In observance of the US Independence Day holiday, SIFMA made holiday recommendations in the U.S., the U.K., and Japan.

Component Change Made In STOXX Global Select Dividend 100 Index

Date 27/06/2012

STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced component changes in the STOXX Global Select Dividend 100 Index which will become effective with the open of markets on July 2^nd, 2012.

SEC Charges Long Island Software Company In Connection With Bribery Scheme

Date 27/06/2012

The Securities and Exchange Commission today charged that FalconStor Software, Inc., a Long Island, N.Y., data storage company, misled investors about bribes it paid to obtain business with a subsidiary of J.P. Morgan Chase & Co.

Direct Edge Trading Notice #12-25: Attributed Quoting To Be Available On EDGA And EDGX Exchanges

Date 27/06/2012

Direct Edge will introduce attribution functionality to EDGA Exchange (EDGA) and EDGX Exchange (EDGX) effective on or about September 2012, pending filing with the Securities and Exchange Commission (SEC). This new functionality will enhance the Direct Edge Market Maker Program, allowing Market Makers to identify themselves as willing to buy and sell securities on the exchanges to facilitate making continuous two-sided markets. Attribution will also be available to non-market makers who wish to increase their transparency on the orders they send to EDGA and/or EDGX.

SEC: Philip A. Falcone And Harbinger Charged With Securities Fraud

Date 27/06/2012

The Securities and Exchange Commission today filed fraud charges against New York-based hedge fund adviser Philip A. Falcone and his advisory firm, Harbinger Capital Partners LLC for illicit conduct that included misappropriation of client assets, market manipulation, and betraying clients. The SEC also charged Peter A. Jenson, Harbinger’s former Chief Operating Officer, for aiding and abetting the misappropriation scheme. Additionally, the SEC reached a settlement with Harbinger for unlawful trading.

José Manuel Durão Barroso President Of The European Commission - Statement By President Barroso Following His Meeting With Martin Schulz, President Of The European Parliament

Date 27/06/2012

Good afternoon ladies and gentlemen,

We just had a very positive meeting ahead of the European Council tomorrow.

Statement By The Eurogroup On Spain

Date 27/06/2012

Ministers welcome the request of the Spanish Government for financial assistance from euro-area Member States. Ministers  welcome the assessment provided by the Commission, in liaison with the ECB, EBA and the IMF, that the eligibility conditions for access to an EFSF/ESM financial assistance for the re-capitalisation of financial institutions are satisfied. In line with this, Ministers consider that providing assistance to Spain is warranted to safeguard financial stability in the euro area.

Statement By IMF Managing Director Christine Lagarde On Cyprus

Date 27/06/2012

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today on Cyprus:

“Today, the IMF received an invitation from the Cypriot authorities to participate in the external financial assistance to contain the risks to the Cypriot economy. This follows the authorities’ request for financial support from the euro-area Member States through the EFSF/ESM. We stand ready to join the efforts of our European partners to help Cyprus return to stable and sustainable economic growth and restore a solid financial sector."

Warsaw Stock Exchange: Another WIG20 Company Issues Bonds And Introduces Them To Catalyst Market

Date 27/06/2012

• Debt instruments worth PLN 1 billion issued by PKN Orlen have been newly listed on the Exchange’s bond market today.
• PKN Orlen is the 127^th issuer on the Catalyst market and a new listing of the biggest value of issue this year.
• 2012 is likely to be a record-breaking year by the number of new listings on the debt market.