News Centre

Antitrust: European Commission Confirms Inspections In Suspected Cartel In The Sector Of Euro Interest Rate Derivatives

Date 20/10/2011

The European Commission can confirm that, starting on 18 October 2011, Commission officials undertook unannounced inspections at the premises of companies active in the sector of financial derivative products linked to the Euro Interbank Offered Rate (EURIBOR) in certain Member States. The Commission has concerns that the companies concerned may have violated EU antitrust rules that prohibit cartels and restrictive business practices (Article 101 of the Treaty on the Functioning of the European Union – TFEU and Article 53 of the Agreement on the European Economic Area).

MiFID2 - European Commission Publishes Proposed New Rules For Securities Markets

Date 20/10/2011

The European Commission will today publish proposed new rules for securities markets by amending the 2004 Markets in Financial Instruments Directive (MiFID) and the 2003 Market Abuse Directive. 

Commissioner Changes At ASIC

Date 20/10/2011

ASIC Chairman Mr Greg Medcraft today welcomed the appointment of Mr Peter Kell and Mr Greg Tanzer as ASIC Commissioners.

Shanghai Futures Exchange: Notification On Approval Of Modification Of Surface Marker Of Hot Rolled Ribbed Bars Of Hebei Iron & Steel Co, Ltd

Date 20/10/2011

We have received your Application for Modification of Surface Marker of Hot rolled Ribbed Bars of Hebei Iron & Steel Co, Ltd. Tangshan Branch. In accordance with the Rules of Shanghai Futures Exchange for Registration of Steel for Futures Delivery, your application for modification of surface marker of hot rolled ribbed bars complies with the specifications as prescribed by the Exchange.

KRX To Have Three New ETFs Listed

Date 20/10/2011

The Korea Exchange (KRX) is going to list PIONEER SRI ETF, KB Star 200 ETF, and KOSEF 10-yr KTB ETF on October 20, 2011.

ASIC Consults On Equity Market Structure Issues

Date 20/10/2011

ASIC today released a second-phase consultation paper on equity market structure issues arising from recent and anticipated developments in Australia’s financial markets.

DTCC Submits Model Message Schemas To The Money Management Institute For Industry Adoption

Date 19/10/2011

The Depository Trust & Clearing Corporation (DTCC) announced today that it will submit its message standards (schemas) for the processing of unified managed accounts/model portfolio programs to The Money Management Institute (MMI), the national organization for the managed investment solution and wealth management industry.

Remarks Before The Exchequer Club Of Washington, DC - CFTC Commissioner Jill E. Sommers

Date 19/10/2011

Good afternoon. Thank you for inviting me here today to discuss my perspective on the role of the CFTC in commodity futures and options markets, and more recently our role in the oversight and regulation of swap markets. Much of what the Commission has focused on over the last year has been directly related to implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act. It has been a very complex process involving a great deal of coordination with other U.S. and foreign regulators. The further along we get in the implementation process, the more complex it is has become. To date, the Commission has held 20 public meetings to vote on various Dodd-Frank matters and has issued nearly 60 proposed rules, notices, or other requests seeking public comment, and 22 final rules, interim final rules, and exemptions.

Standard & Poor's Announces Changes In The S&P/TSX Venture Composite, Venture Select And Venture 30 Indices

Date 19/10/2011

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

The Toronto Stock Exchange announced today in the Daily Bulletin that the shares of Surge Energy Inc. (TSXVN:SGY) will graduate to trade on TSX at the open of trading on Friday, October 21, 2011. The ticker symbol will remain "SGY" and the CUSIP number will remain 86880Y 10 9. The company will be removed from the S&P/TSX Venture Composite Index after the close of trading on Thursday, October 20, 2011.

ConvergEx Group Launches Spectrum - Innovative Algorithm Offers Portfolio Traders The Power Of Dark Liquidity

Date 19/10/2011

ConvergEx Group, a leading technology company, today announced the launch of Spectrum, a new algorithm that gives portfolio traders the benefits of executing in a diverse array of domestic dark venues, while allowing them to maintain their required cash and sector balances. Designed by ConvergEx’s dedicated team of financial engineers, Spectrum enables users to trade cash neutral in the dark.