News Centre

OCC Announces 2% Decrease In Cleared Contract Volume In February While Stock Loan Activity Rose 7%

Date 01/03/2012

OCC announced today that total cleared contract volume in February reached 351,702,360 contracts, representing a 2 percent decrease from the February 2011 volume of 357,275,834 contracts. OCC’s year-to-date total contract volume is down 7 percent from 2011 with 688,925,298 contracts.

Platts Introduces Daily Newsletter Focused On Steel Raw Materials Markets - Steel Markets Daily Expanded, Re-Branded, Re-Launched

Date 01/03/2012

In its first new product initiative since acquiring the Steel Business Briefing Group, Platts has re-launched its flagship steel publication, Steel Markets Daily, with a new focus on the raw materials – iron ore, metallurgical coal, coke, scrap and ferroalloys – that drive the steel market.  Re-branded Platts SBB Steel Markets Daily, the new publication provides news, analysis, commentary and more than 80 daily and weekly physical market price assessments, including both the Platts IODEX and The Steel Index (TSI) iron ore benchmarks.

CalPERS Board Committee Chairs And Vice Chairs Chosen

Date 01/03/2012

The California Public Employees’ Retirement System (CalPERS) Board of Administration has elected the following chairs and vice chairs of key Board committees:

• Investment Committee – Henry Jones, Chair; George Diehr, Vice Chair
  Jones joined the CalPERS Board in 2008. He was unopposed for re-election and was seated automatically for his second term in 2012. He retired as chief financial officer of the Los Angeles Unified School District in 1998, and also served as an adjunct professor at California State University, Los Angeles. Dr. Diehr began serving on the CalPERS Board in 2003 after being elected by state employees, including employees of the California State University System. He began serving his third four-year term in 2011. Dr. Diehr has been on the faculty of the College of Business Administration at California State University, San Marcos, since 1990.

CME Group And Bank Of China Announce Strategic Cooperation

Date 01/03/2012

CME Group, the world's leading and most diverse derivatives marketplace, and Bank of China, the most internationalized and diversified bank in China, today announced they have signed a Memorandum of Understanding to explore and potentially collaborate in a long-term business relationship that will harness the strengths of both organizations to provide mutual benefits as both parties grow their global businesses. 

Deputy Prime Minister And Finance Minister of Greece, Evangelos Venizelos Sign Memorandum Of Cooperation With The European Commission

Date 01/03/2012

In execution of the recently voted law in the Greek Parliament (4046/2012) which approved with a wide majority the new support programme for the Greek economy, Deputy Prime Minister and Finance Minister of Greece, Evangelos Venizelos signed today in Brussels the memorandum of cooperation for the new with the European Commission Vice President Olli Rehn. The memorandum is co-signed by the Governor of the Bank of Greece George Provopoulos. Attached to the memorandum are the letters of commitment by the Presidents of PASOK and Nea Dimokratia political parties, addressed to the President of Eurogroup.

ESMA Advises European Commission On Prospectus Directive’s Overhaul - Advice Covers Possible Delegated Acts

Date 01/03/2012

ESMA publishes today the second part of its final advice (ESMA/2012/137) on possible delegated acts for the Prospectus Directive (PD). The advice was submitted to the Commission on 29 February 2012. In its advice, ESMA proposes how to use a prospectus in a retail cascade and provides input on how to review the provisions of the Prospectus Regulation concerning tax information, indices, auditor’s report on profit forecasts and estimates and audited historical financial information.

The Options Industry Council Announces February Options Trading Volume Off 1%

Date 01/03/2012

The Options Industry Council (OIC) announced today that 349,463,168 total options contracts changed hands in February, 1.34 percent less than the 354,214,236 contracts traded in February 2011.

Joint Press Briefing By Hellenic Republic Prime Minister Lucas Papademos And President of the European Commission Jose Manuel Barroso Following Their Meeting

Date 01/03/2012

J.-M. BARROSO Good afternoon, ladies and gentlemen. It was indeed a great pleasure to have held this important, constructive meeting with the Prime Minister and our colleagues from the Commission and the Greek government.

Statement By The President Of The Eurogroup, Jean-Claude Juncker - Greece

Date 01/03/2012

The Eurogroup welcomes the assessment of the Troika that Greece has made sufficient progress in completing the agreed prior actions. All required legislation by the Parliament and the Ministerial Cabinet has been adopted, and a few pending implementing acts should be completed shortly. Ministers note with satisfaction that Greece thereby undertook decisive and swift legislative action in the areas of fiscal consolidation, revenue administration, pension reform, financial sector regulation and supervision and growth-enhancing structural reforms. This will allow the Greek adjustment effort to regain momentum, which – together with a rigorous implementation of the agreed policy package for the new programme - constitutes the basis for putting the public finances and the economy of Greece back on a sustainable path.  The Troika will finalise in the next few days the detailed assessment of the quality of the transposition of prior actions in Greek legislation. 

Program Trading Averaged 27.6 Percent Of NYSE Volume During Feb. 21-24

Date 01/03/2012

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 Feb. 21-24.