News Centre

Former Bank Of America Executive Sentenced To Serve 26 Months In Prison For Role In Conspiracy And Fraud Involving Investment Contracts For Municipal Bond Proceeds

Date 18/05/2015

A former Bank of America executive was sentenced today for his participation in a conspiracy and scheme to defraud related to bidding for contracts for the investment of municipal bond proceeds and other municipal finance contracts, the Department of Justice announced today.

New Zealand's Financial Markets Authority Removes Offshore Firms From The Financial Services Provider Register – Warnings Issued Against Companies Who Fail To Respond

Date 18/05/2015

The Financial Markets Authority (FMA) today confirmed that a number of offshore firms have recently been removed from the Financial Services Provider Register (FSPR). While the Registrar of Companies maintains the FSPR, the FMA has powers to direct the Registrar to remove companies from the FSPR where it is likely that a company is giving a false or misleading impression about the extent to which it is regulated in New Zealand.

CFTC Staff Issues Proposed Order To Exempt Certain Specified Transactions Of Southwest Power Pool

Date 18/05/2015

The U.S. Commodity Futures Trading Commission (Commission), on May 18, 2015, issued a notice of proposed order and request for comment on that order concerning Southwest Power Pool, Inc. (SPP), a Regional Transmission Organization (RTO) regulated by the Federal Energy Regulatory Commission. The comment period will be open for 30 days after publication in the Federal Register. Comments may be submitted electronically through the Commission’s Comments Online process.

OneChicago Holiday Notice – Memorial Day 2015

Date 18/05/2015

OneChicago (OCX) will be closed on Monday, May 25, 2015 in observance of the upcoming Holiday, Memorial Day, which is consistent with U.S. equity markets.  OneChicago will be open on Tuesday, May 26, 2015.

ARMADA Ords To Be Removed From Moscow Exchange Indices

Date 18/05/2015

ARMADA ords will be removed from the Moscow Exchange"s Broad Market Index, Second Tier Index, and MICEX Innovation Index on 22 May 2015 due to the transfer of the security to the Sector of the companies with high investment risk.

European Parliament: Benchmarks: Restoring Confidence In The Financial Markets

Date 18/05/2015

Benchmarks are widely used to track market developments, however financial scandals involving benchmarks such as Libor and Eurobibor have shown that they are susceptible to manipulation.On 18 May MEPs debate new rules to ensure the full transparency of all benchmarks used in the EU and vote on them the next day. Dutch Alde member Cora van Nieuwenhuizen, who wrote the report with recommendations, said: “It is a major step forward in ensuring the future robustness and accuracy of benchmarks.”

Peter J. Curley, Associate Director In The Division Of Trading And Markets, To Leave SEC

Date 18/05/2015

The Securities and Exchange Commission today announced that Peter J. Curley, Associate Director for Clearance and Settlement in the Division of Trading and Markets, is leaving the agency later this month. 

LSEG Launches New FTSE Russell Brand

Date 18/05/2015

• New combined global index brand launched today
• Important milestone in integration of FTSE and Russell Indexes
• Creates true global leader in index benchmarking and analytics

MIAX Options Holiday Schedule - Memorial Day 2015

Date 18/05/2015

Please be advised the MIAX Options Exchange will be closed on Monday, May 25, 2015 in observance of Memorial Day.

DTCC 10-Year Anniversary In Tampa Marks A Decade Of Job Growth And Community Involvement

Date 18/05/2015

The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, recently celebrated its 10-year anniversary in Tampa. Regional community, city and business leaders joined with DTCC to commemorate the milestone, applauding the company’s important contributions to Tampa Bay over the last decade. The firm has brought hundreds of jobs and contributed thousands of volunteer hours to the city.