News Centre

CBOE And S&P Indices Take Action To Enforce Injunction Against ISE Regarding S&P 500 Index Options

Date 24/03/2012

The Chicago Board Options Exchange (CBOE) and The McGraw-Hill Companies, Inc. and its S&P Indices business ("S&P") today announced that they have asked a court in Chicago to enforce the injunction against the International Securities Exchange, LLC (ISE) to prohibit it from listing and trading options on what ISE has called the ISE Max SPY™ index. S&P is the developer and publisher of the S&P 500® index and exclusively licenses CBOE and C2 Options Exchange (C2) to list and trade options based on the S&P 500.  

BATS BZX Exchange Post-Mortem

Date 23/03/2012

At 10:45:26AM ET, a single matching engine handling symbol range A-BFZZZ encountered a software bug related to IPO auctions which rendered open customer orders in this symbol range inaccessible.  BATS sent notice at 10:48:41AM ET that BATS was investigating system issues in trading of symbols in the range of A through BFZZZ.  Additionally, the IPO auction for symbol BATS did not successfully print and trading of symbol BATS on the BZX Exchange system did not begin as expected.

Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices

Date 23/03/2012

Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices:

Brookfield Office Properties Inc. (TSX:BPO) has announced that it will redeem for $CDN25.00 cash per share all of the outstanding shares of its Class AAA Preference Shares, Series "I" (TSX:BPO.PR.I) at the close on March 30, 2012. The shares of this issue will be removed from the S&P/TSX Preferred Share Index and the S&P/TSX North American Preferred Stock Index after the close of trading on Friday, March 30, 2012.

“It Takes A Pillage—Financial Fiascos, Frauds And Fixes”: Speech By CFTC Commissioner Bart Chilton To The Hot Springs Village Democratic Club, Hot Springs Village, AR

Date 23/03/2012

Introduction

Thank you. It’s good to be with you today. I really appreciate the invitation from your President, Joe Stuart. I also appreciate your activism and work for your community, state and country.

Federal Reserve Chairman Ben S. Bernanke At The Federal Reserve Conference On Central Banking: Before, During, And After The Crisis, Washington, D.C.

Date 23/03/2012

Opening Remarks

Distinguished guests, colleagues, and friends: It is my privilege to welcome you to this conference on "Central Banking: Before, During, and After the Crisis," which is jointly sponsored by the Federal Reserve Board and the International Journal of Central Banking. We hope that the conference will foster discussion among policymakers and researchers about the evolving challenges facing central banks around the world. To help get that discussion started, the conference will feature original research on monetary policy, macroprudential regulation, and the provision of liquidity, topics that are obviously highly relevant to the public policy missions of the Federal Reserve and other central banks. The proceedings from this conference will be published in a special issue of the journal and disseminated to researchers in central banks and academic institutions worldwide.

Statement From BATS Global Markets

Date 23/03/2012

This morning at 10:45 a.m. ET, BATS BZX Exchange experienced a systems issue affecting trades in securities in symbol range A through BF.

CFTC Seeks Public Comment On Request From NYPC For Order Permitting Cross Margining For Market Professionals

Date 23/03/2012

The Commodity Futures Trading Commission (Commission) is requesting public comment on a petition submitted by New York Portfolio Clearing, LLC (NYPC), a registered derivatives clearing organization, for an order pursuant to Section 4d(a)(2) of the Commodity Exchange Act (Act).  The petition requests an order that would permit NYPC to expand its existing one-pot cross-margining program with Fixed Income Clearing Corporation (FICC) to include positions and related money, securities and property held by NYPC clearing members and clearing members of FICC’s Government Securities Division for participating “market professionals.”

BATS Global Markets Withdraws Initial Public Offering

Date 23/03/2012

BATS Global Markets, Inc. (“BATS”) today announced it has withdrawn its planned initial public offering (IPO), which was scheduled to close on March 28, 2012.

Buenos Aires Futures and Options Exchange (MATba) And Uruguay’s Stock Exchange (BVM) To Create A New Derivatives Market

Date 23/03/2012

Mercado a Término de Buenos Aires – MATba (Buenos Aires  Futures and Options Exchange) and Bolsa de Valores de Montevideo- BVM (Uruguay’s Stock Exchange) announced that they will create a Futures and Options Exchange in Uruguay.

CBOE, C2, CFE, And CBSX Trading Schedule For Good Friday

Date 23/03/2012

CBOE Holdings, Inc. (NASDAQ: CBOE) today announced the trading schedule for Chicago Board Options Exchange (CBOE), C2 Options Exchange (C2), CBOE Futures Exchange (CFE), and CBOE Stock Exchange (CBSX) in observance of the Good Friday holiday.