News Centre

TMX Group Limited Reports Results For The First Quarter 2016

Date 10/05/2016

• Diluted earnings per share of 85 cents in Q1/16 compared with earnings per share of 78 cents in Q1/15
• Adjusted diluted earnings per share of $1.00 in Q1/16, compared with 99 cents per share in Q1/15
• Adjusted diluted earnings per share of $1.00 in Q1/16 excludes 13 cents per share of amortization of intangibles related to acquisitions and 2 cents per share for strategic re-alignment expenses
• Revenue of $177.7 million in Q1/16 compared with $185.3 million in Q1/15

CFTC Orders Chicago-Based Cunningham Commodities, LLC And Its Controller Salvatore Carmen Russo Jointly To Pay A $150,000 Penalty For Failing To Immediately Report A Customer Segregated Account Deficiency - Cunningham Also Penalized For Its Failure To Immediately Report A Customer Residual Account Deficiency And For Its Failure To Report Special Account Positions Held By Large Traders

Date 09/05/2016

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Cunningham Commodities, LLC (Cunningham), a registered Futures Commission Merchant (FCM) based in Chicago, Illinois. The Order finds that Cunningham violated CFTC’s Regulations that 1) require an FCM to immediately report to the CFTC any deficiency in its customer segregated account or the targeted residual interest in its customer segregated account and 2) require an FCM to submit daily reports to the CFTC for positions held by certain large traders (Large Trader Reports) whose accounts are carried by the FCM.

BOX Options Exchange Price Improvement Activity For April

Date 09/05/2016

In the month of April price improved contracts on BOX Options Exchange (“BOX”) averaged 297,158 per day. Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction, PIP, averaged $467,418 per day, while total savings to investors in April was $9.8M. With this, BOX has saved investors over $761M since its inception in 2004. Overall average daily trading volume on BOX in the month of April was 407,208 contracts.

Bats Global Markets Reports Record U.S. Options Market Share In April - Exchange Group Maintains Strength Across Asset Classes

Date 09/05/2016

Bats Global Markets, Inc. (Bats: BATS), a leading global operator of exchanges and services for financial markets, today reported April data and highlights, including record U.S. Options market share of 11.6% vs. 9.9% a year ago.

UK's Financial Conduct Authority: Two Convicted Of Insider Dealing In Operation Tabernula Trial

Date 09/05/2016

In a case brought by the Financial Conduct Authority (FCA) and following a three-month trial at Southwark Crown Court, two defendants – a senior investment banker and a Chartered Accountant – have been convicted of conspiring to insider deal between November 2006 and March 2010.

DTCC Signs Memorandum Of Understanding On Cooperation With KRX

Date 09/05/2016

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, and the Korea Exchange (KRX), the sole securities and derivatives exchange operator in South Korea, today announced the signing of a Memorandum of Understanding (MOU) to cooperate with each other on a Trade Repository (TR) solution in Korea.

SGX Reports Market Statistics For April 2016

Date 09/05/2016

Securities 

• Total Securities market turnover value fell 23% month on month and was down 21% year on year to S$21.0 billion, during 21 trading days compared to 22 in March 2016 and 21 in April 2015.

Bursa Malaysia Securities Publicly Reprimands KAF-Seagroatt & Campbell Berhad For Breach Of Main Market Listing Requirements

Date 09/05/2016

Bursa Malaysia Securities Berhad (635998-W) (Bursa Malaysia Securities) has publicly reprimanded KAF-Seagroatt & Campbell Berhad (KAF) in respect of the company’s fourth quarterly report for the financial year ended 31 May 2015 (“QR 4/2015”) announced on 31 July 2015 which was in contravention of paragraph 9.16(1)(a) of the Bursa Malaysia Securities Main Market Listing Requirements (Main LR).  

IOSCO Issues Report On Impact Of Storage And Delivery Infrastructure On Commodity Derivatives Market Pricing

Date 09/05/2016

The Board of the International Organization of Securities Commissions today published The Impact of Storage and Delivery Infrastructure on Commodity Derivatives Market Pricing. The report sets out the findings and conclusions of the review of the impact of storage infrastructures on the integrity of the price formation process of physically-delivered commodity derivatives contracts traded on regulated exchanges.

Thomson Reuters 2016 Know Your Customer Surveys Reveal Escalating Costs And Complexity - Parallel Surveys Show Differing Perspectives Of Financial Institutions And Their Corporate Customers On The Effect Of Financial Firms’ Spend Of Up To $500 Annually On KYC Globally

Date 09/05/2016

The lack of sufficient people resources and the volume of regulatory change are top concerns among nearly 800 financial institutions who responded to an authoritative Thomson Reuters survey on the impact of global changes in Know Your Customer (KYC) regulation, while a parallel survey of their corporate customers found that 89 percent had not had a good KYC experience, and 13 percent had changed their financial institution relationship as a result.