News Centre

SIX Achieves Good Results In The First Half Of 2016

Date 02/09/2016

• Operating income in the first half of 2016 grows by 2.9% to CHF 913.3 million
• Earnings before interest and tax (EBIT) up 9.6% to CHF 172.9 million
• Group net profit amounts to CHF 134.9 million (+5.8%)
• Successful implementation of strategy in the first half of 2016

ASIC: CommSec Pays $700,000 In Infringement Notice Penalties And Refunds $1.1 Million In Brokerage

Date 02/09/2016

Commonwealth Securities Limited (“CommSec”) has paid a total penalty of $700,000 to comply with two infringement notices given to it by the Markets Disciplinary Panel (“MDP”), and has voluntarily refunded $1.1 million in brokerage to more than 25,000 clients.

Montréal Exchange Interest Rate Derivative Trading Ceases At 1:30 p.m. Today - Markets Closed On September 5, 2016, Labour Day

Date 02/09/2016

Interest rate derivative trading will cease at 1:30 p.m. today, September 2, 2016. Furthermore, the Exchange's offices and markets will be closed on September 5, 2016 (Labour Day).

CBOE Holdings Reports August 2016 Trading Volume - Total ADV Down 13% From July 2016, 31% From Year Ago

Date 01/09/2016

CBOE Holdings, Inc. (NASDAQ: CBOE) reported today that August average daily volume (ADV) for options contracts traded on Chicago Board Options Exchange®(CBOE®) and C2 Options Exchange (C2), and futures contracts traded on CBOE Futures Exchange (CFE®) was 4.1 million contracts, a decrease of 13 percent from July 2016 and 31 percent from August 2015.

Office Of The Comptroller Of The Currency Allows National Banks And Federal Savings Associations Affected By Hurricane Hermine To Close

Date 01/09/2016

The Office of the Comptroller of the Currency today issued a proclamation allowing national banks and federal savings associations at their discretion to close offices affected by Hurricane Hermine.

Federal Court In Nevada Orders My Global Leverage, LLC And Toney Blondo Eggleston To Pay More Than $1.4 Million In Restitution And A Monetary Penalty For Engaging In Illegal, Off-Exchange Precious Metals Transactions

Date 01/09/2016

The U.S. Commodity Futures Trading Commission (CFTC) announced that Judge Andrew P. Gordon of the U.S. District Court for the District of Nevada entered an Order of default judgment (Order) against My Global Leverage, LLC (MGL), which did business in Las Vegas, Nevada, and its owner and managing member Toney Blondo Eggleston, who resided in Las Vegas and Newport Coast, California, for engaging in illegal, off-exchange precious metals transactions.

ISDA SIMM Deployed Today: New Industry Standard For Calculating Initial Margin Widely Adopted By Market Participants

Date 01/09/2016

The International Swaps and Derivatives Association, Inc. (ISDA) today announced the live launch of the ISDA Standard Initial Margin Model (ISDA SIMMTM), an industry standard methodology that is being widely adopted by market participants to calculate initial margin for non-cleared derivatives trades.

CFTC To Hold An Open Commission Meeting On September 8th To Consider System Safeguards Testing Requirements Final Rules And A Comparability Determination For Japan Uncleared Swap Margin Rules For Substituted Compliance Purposes

Date 01/09/2016

U.S. Commodity Futures Trading Commission (Commission) Chairman Tim Massad announced today that the Commission will hold an open meeting on Thursday, September 8, 2016 at 10 a.m. to consider the following:

• Final Rule - System Safeguards Testing Requirements for Derivatives Clearing Organizations (Division of Clearing and Risk) 
  
  
• Final Rule - System Safeguards Testing Requirements (Division of Market Oversight)
  
  
• Comparability Determination for Japan Uncleared Swap Margin Rules for Substituted Compliance Purposes

Canadian Securities Administrators: Regulators Publish Update On Consideration Of Concerns Regarding Reduced Access To Canadian Foreign-Currency Fixed Income Offerings

Date 01/09/2016

The Canadian Securities Administrators (CSA) today published CSA Staff Notice 31-346 –Guidance as to the Scope of the International Dealer Exemption in relation to Foreign-Currency Fixed Income Offerings by Canadian Issuers.

CFTC Wins Fraud Trial Against Florida-Based Precious Metals Traders Robert Escobio, Southern Trust Metals, And Loreley Overseas Corporation - Escobio And His Companies Are Permanently Banned From Commodity Trading And Registration, And Ordered To Pay Approximately $2.5 Million In Restitution And Penalties.

Date 01/09/2016

The U.S. Commodity Futures Trading Commission (CFTC) announced today a victory after trial involving a fraudulent precious metals scheme perpetrated by Robert Escobio of Miami, Florida, through his companies Southern Trust Metals, Inc. (Southern Trust) and Loreley Overseas Corporation(Loreley) (collectively, Defendants). U.S. District Judge James Lawrence King of the U.S. District Court for the Southern District of Florida issued his Findings of Fact and Conclusions of Law (Order) and Final Judgment (Judgment) in favor of the CFTC on August 29, 2016. The Judgment permanently enjoins and prohibits Escobio and the two companies from trading and orders them to pay restitution in the amount of $1,543,892 and a civil penalty of $254,919.66 for an illegal precious metals scheme. The Judgment also orders Southern Trust and Escobio to pay additional restitution of $559,725 and an additional penalty of $120,112.33 for an unregistered futures scheme.