News Centre

BOX Options Exchange Adds Sales & Marketing Power - Patty Kevin-Schuler joins As Vice President Of Sales & Marketing

Date 14/02/2011

The BOX Options Exchange (BOX) announced that Patty Kevin-Schuler has joined as Vice President of Sales & Marketing. 

Dissent Of CFTC Commissioner Scott D. O’Malia To Fiscal Year 2012 President’s Budget & Performance Plan

Date 14/02/2011

I respectfully dissent from signing the fiscal year 2012 budget request for the Commodity Futures Trading Commission. The budget request of $308 million provides for a 45-percent increase in federal spending from FY’11 levels.¹ This request provides for the hiring of 316 additional Full Time Equivalent (FTE) employees in FY’12 and an additional 218 contractors. This budget fails to outline a specific strategy for implementation of the Dodd-Frank Act that utilizes technology as a means to leverage budgetary and staff resources in fulfilling the Commission’s oversight and surveillance responsibilities. Recognizing the budget deficit challenges facing this nation, I believe this proposal ignores the likelihood of multiyear budgetary constraints and recommends a funding request and hiring strategy that is unsustainable over the long term. This is especially so given that increasing staff without providing the technological resources to permit them to effectively do their jobs will most certainly cost taxpayers more. I believe the Commission must commit to a more focused technology-based strategy, like those which have determined the evolution and success of the futures markets for the past two decades.

CME Group's Duffy To Appear Before The House Committee On Financial Services

Date 14/02/2011

CME Group, the world's leading and most diverse derivatives marketplace, announced that Executive Chairman Terry Duffy will appear before the U.S. House Committee on Financial Services Tuesday, February 15, to assess the regulatory, economic and market implications of the Dodd-Frank derivatives title.

TMX Group Statement On Investment Canada Act Review

Date 14/02/2011

TMX Group and London Stock Exchange Group have prepared carefully for our work with Industry Canada as they review the merger agreement under the Investment Canada Act.  The companies have worked  together to develop a set of undertakings that deliver clear benefits to Canada and Canada's capital markets, while preserving financial regulation in Canada.

Euroespes To Start Trading On MAB On February 16th - It Is The Thirteen Company To List On The MAB’s Growth Segment

Date 14/02/2011

The Supervision Committee of the Mercado Alternativo Bursátil (MAB) has announced the listing of EuroEspes on the Growth Companies segment of this market, following a thorough review of all the information presented by the company and after the favourable assessment report on its listing issued by MAB’s Coordination and Admission Committee.

CME Group Signs Term Sheet With Global Dealers For OTC Interest Rate Swaps Clearing

Date 14/02/2011

CME Group, the world's leading and most diverse derivatives marketplace, today announced it has executed a non-binding term sheet with a group of 10 global swap dealers, who will serve as founding members in support of CME Group's clearing service for over-the-counter (OTC) interest rate swaps. The founding members are BofA Merrill Lynch, Barclays Capital, Citi, Credit Suisse, Deutsche Bank Securities Inc., Goldman Sachs, J.P. Morgan, Morgan Stanley, Nomura, and UBS. 

ICMA Executive Education Appoints New Head Of Business Development

Date 14/02/2011

The International Capital Market Association (ICMA), which represents capital market participants globally, is pleased to announce that David Senior has joined ICMA as the Head of Business Development for ICMA Executive Education.

Statement From Chairman Schapiro On Proposed Budget For SEC

Date 14/02/2011

The following is a statement from SEC Chairman Mary L. Schapiro regarding the President’s FY 2012 budget request of more than $1.4 billion for the SEC.

“These funds will provide the SEC with the resources needed to carry out both our longstanding core mission as well as our new responsibilities for derivatives, hedge fund advisers and credit rating agencies. By law, the 2012 funding is entirely offset by transaction fees such that the SEC budget will not add to the deficit.”

CME Group Inc. Names Slate Of Director Nominees

Date 14/02/2011

CME Group today announced its slate of candidates for election to serve on the company's Board of Directors.  CME Group shareholders will vote for directors at the company's annual meeting to be held Wednesday, June 8, 2011.

Natural Gas Exchange Adds New Hubs In Texas - Additions Mark First Hubs Within The Texas Intrastate Market

Date 14/02/2011

Natural Gas Exchange Inc. (NGX), a wholly-owned subsidiary of TMX Group, today announced that it now offers physical clearing at two hubs in Texas.