News Centre

MIAX Options - SPIKES First Monthly Expiration Tuesday, March 19, 2019

Date 18/03/2019

The first SPIKES™ monthly options expiration will be on the morning of Tuesday, March 19, 2019.  The expiring SPIKE March options last day of trading is Monday, March 18, 2019. Settlement value is based on the SPIKE Settlement the morning of Tuesday March 19, 2019. The symbol for the SPIKES Settlement value is SPKCS.  Historical SPIKES settlement values and supporting data will be available on the SPIKES Settlement Data section of the MIAX website.

CFTC: Federal Court Orders Precious Metals Dealer And Its Owner To Pay More Than $2.3 Million For Fraud And Misappropriation In Gold And Silver Scheme

Date 18/03/2019

The Commodity Futures Trading Commission (“CFTC”) today announced that the U.S. District Court for the Southern District of New York entered an Order of Default Judgment (“Order”) and Permanent Injunction against Royal Metals Group, LLC (“RMG”), and its member, manager and part owner, Chelsea Gless (“Gless”) of Iowa (collectively, “defendants”) for fraudulent misrepresentations and the misappropriation of customer funds in a precious metals scheme.

FIS’s Offer For Worldpay The Second Largest M&A Transaction Of The Year - Refinitiv

Date 18/03/2019

Insights from the Deals Intelligence team at Refinitiv show FIS’s $42.7 billion offer for Worldpay is the second largest M&A transaction announced so far during 2019, boosting global mega deals ($5bn and upwards) to a year-to-date total of $345.3 billion from 22 deals.

CFTC: Federal Court Orders Forex Fraudster And His Companies To Pay More Than $2.2 Million For Fraudulent Solicitation And Misappropriation Of Customer Funds

Date 18/03/2019

The Commodity Futures Trading Commission (CFTC) today announced that the U.S. District Court for the Central District of California, Western Division, entered an order which granted the CFTC’s motion for default judgment (Order) and a judgment consistent with the Order (Judgment) against defendants Jin Choi (Choi), a citizen of the Republic of South Korea with a last known residence in Los Angeles, California, as well as his companies Apuro Holdings Ltd (Apuro) d/b/a, ApuroFX, JCI Holdings USA (JCI), and d/b/a JCI Trading Group, LLC (collectively the defendants), in connection with a fraudulent foreign currency (forex) scheme that victimized customers in the United States, Australia, Indonesia, and elsewhere.

The World Federation Of Exchanges Responds To Us Agencies On Proposed Standardised Approach For Calculating The Exposure Amount Of Derivative Contracts

Date 18/03/2019

The World Federation of Exchanges (“WFE”), the global industry group for exchanges and CCPs, has responded to three US federal banking agencies on a proposed rule to update their standards for how firms measure counterparty credit risk posed by derivative contracts. 

Al Mawared Brokerage's Amman Stock Exchange Weekly Report, 18 March 2019

Date 18/03/2019

Click here to download Al Mawared Brokerage's weekly report on the Amman Stock Exchange (ASE). The Report is designed to give an overview of developments in the Jordan Capital Markets as well as ASE performance indicators.

FIS And Worldpay To Combine To Accelerate The Future Of Finance And Commerce Globally

Date 18/03/2019

Key facts

• The combined company will have approximately $12.3 billion pro forma 2018 annual revenue
• Accelerates FIS’ organic revenue growth outlook to 6 percent to 9 percent through 2021
• Anticipates $500 million of revenue synergies, $400 million of run-rate expense synergies and nearly $4.5 billion of free cash flow in three years; driving significant value for our shareholders
• Best-in-class capabilities serving high-growth eCommerce industry
• Combines a global leader in modern financial institutions solutions with a global leader in eCommerce and payments innovation
• Gary Norcross to remain chairman of the board of directors, president and CEO; Charles Drucker to become executive vice chairman of the board of directors
• Companies to host joint announcement call March 18, 2019 at 8:30 a.m. (EDT)

RegTech Insight Awards Shortlist Velocimetrics For Its Third Nomination This Year

Date 18/03/2019

Fintech firm Velocimetrics, the leading provider of business flow tracking and real-time, in-stream performance analytics, has been shortlisted in the ‘Best Vendor Solution for Managing Operational Risk’ category by the RegTech Insight Awards.

CME Group Announces All-Time Eurodollar Options Open Interest Record Of 55.8 Million Contracts - Open Interest In Options On Financial Futures Reach New Record Of 68.5 Million Contracts

Date 18/03/2019

CME Group, the world's leading and most diverse derivatives marketplace, reached an all-time Eurodollar options open interest record of 55.8 million contracts on March 15, 2019. Open interest has continued to grow since reaching the previous record of 52.4 million contracts that was set on March 15, 2018.

Moscow Exchange: The Additional Trading Session Starts Later For Derivatives Market On 4, 11, 16, 17, 18 And 25 April 2019

Date 18/03/2019

Please note that the Derivatives Market evening trading session will begin five minutes later, i.e. at 7:05 pm MSK, on 4, 11, 16, 17, 18 and 25 April 2019, as these are the last trading days for options contracts (in accordance with clause 7.2 of the Rules of organized trading for the Moscow Exchange Derivatives Market).