News Centre

CFTC Vacates CME Clearing Europe Limited Registration As A Derivatives Clearing Organization

Date 13/03/2012

At the request of CME Clearing Europe Limited (CMECEL), pursuant to Section 7 of the Commodity Exchange Act, the Commodity Futures Trading Commission issued an Order on March 13, 2012, vacating the registration of CMECEL as a derivatives clearing organization.

BM&FBOVESPA Announces Its Market Performance For February

Date 13/03/2012

• Market performance will now include information about payouts for shareholders (in the form of dividends and interest on shareholders’ equity)
• Equities Market registers record daily average of financial volume and number of trades
• Financial volume for Real Estate Investment Funds (FIIs) jumps from BRL70.46 million to BRL309.36 million
• The stock of agribusiness securities registered at BM&FBOVESPA increases from BRL9.85 billion to BRL10.75 billion

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

Date 13/03/2012

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

On March 13, 2012, TSX Venture Exchange announced a trading halt on Wild Stream Exploration Inc. (TSXVN:WSX) pending completion of their Plan of Arrangement announced January 25, 2012, with Crescent Point Energy Corp. (TSX:CPG). Wild Stream shareholders meet today to approve the acquisition of the company by Crescent Point in a share exchange. The trading halt will be effective after the close of trading on Wednesday, March 14, 2012.

EU-Wide Financial Transaction Tax - 3153rd Economic And Financial Affairs Council Meeting - Provisional Version - Brussels, 13 March 2012 - Council Of The EU

Date 13/03/2012

The Council was briefed by the presidency on preparatory work undertaken on a proposal for a directive aimed at establishing an EU-wide financial transaction tax, and on its plans for taking work forward on the text. It held an exchange of views. 

BRICS Exchanges To Cross-List Benchmark Equity Index Derivatives

Date 13/03/2012

The five founding members of the BRICS Exchanges Alliance (Brazil, Russia, India, China and South Africa) will begin cross-listing benchmark equity index derivatives on each other’s trading platforms on 30 March (Friday). The move was announced today (Tuesday) at the Futures Industry Association’s 37 th International Futures Industry Conference in Boca Raton, Florida.

CFTC Charges Arjent Capital Markets LLC, Chicago Trading Managers LLC, Spencer Montgomery, And Brian Reynolds With Commodity Pool Fraud

Date 13/03/2012

The U.S. Commodity Futures Trading Commission (CFTC) today filed an enforcement action charging Colorado-based defendants Arjent Capital Markets LLC (Arjent), Chicago Trading Managers LLC (CT Managers), Spencer Montgomery, and Brian Reynolds with defrauding commodity pool investors by knowingly or recklessly issuing false account statements for three separate commodity pools.

SGX And Eurex Team Up To Enhance Market Access

Date 13/03/2012

Singapore Exchange (SGX) and Eurex today announced a partnership to deliver convenient market access and cost efficiencies to members of both exchanges. Both companies plan to link their co-location data centers to provide market participants easy connectivity to each other’s markets in Singapore and Frankfurt/Main respectively.

CFTC Orders Goldman Sachs Execution & Clearing, L.P., A Registered Futures Commission Merchant, To Pay $7 Million For Supervision Failures In Handling Accounts It Carried

Date 13/03/2012

The U.S. Commodity Futures Trading Commission (CFTC) today announced that Goldman Sachs Execution & Clearing, L.P. (GSEC), a registered futures commission merchant based in New York, N.Y., agreed to pay a $5.5 million civil monetary penalty and $1.5 million in disgorgement to settle CFTC charges that it failed to diligently supervise accounts that it carried from about May 2007 to December 2009.  The CFTC order also requires GSEC to cease and desist from violating CFTC regulations requiring diligent supervision.  Additionally, the order states that GSEC represented in its settlement offer that it has made changes in light of the events discussed in the order, including implementing enhanced supervision policies, procedures, and training.

S&P Indices Taps SGX Futures Prices For New S&P CNX Nifty Futures Real-Time Index

Date 13/03/2012

S&P Indices today launched the S&P CNX Nifty Futures Real-time Index, a measure of the returns on offshore exposure to the Indian equity market based on Singapore Exchange (SGX)-listed S&P CNX Nifty Index futures prices.

International Securities Exchange Announces OptimiseTM Roundtrip Latency Of 250 Microseconds - New Web Page Provides Ongoing Latency Transparency

Date 13/03/2012

The International Securities Exchange (ISE) announced that current median  latency for its Optimise™ trading system equals 250 microseconds. This  represents a reduction of approximately 39% since the completion of the Optimise  rollout in August 2011. Significantly, ISE has reduced the latency tail so that  90% of all quotes submitted to the system are acknowledged within 340  microseconds, representing a 45% reduction in the past six months.