News Centre

Dalian Commodity Exchange: Notice On Adjusting Minimum Trading Margin Standards And Trading Limits Of All Products During 2014 Labor Day Holiday

Date 25/04/2014

According to Article 9 of the "Measures of Dalian Commodity Exchange for Risk Management", it has been decided upon discussion that Dalian Commodity Exchange will adjust the minimum trading margin standards and the trading limits of all the products before and after the market closing during 2014 Labor Day.

Board Decision Finds Charles Schwab & Co. Violated FINRA Rules By Adding Waiver Provisions In Customer Agreements Prohibiting Customers From Participating In Class Actions - Reverses FINRA Hearing Panel Decision - Schwab Enters Into Settlement - $500,000 Fine And Waiver Removal Resolves Matter

Date 24/04/2014

The Board of Governors of the Financial Industry Regulatory Authority (FINRA) issued a decision today finding Charles Schwab & Co., Inc. violated FINRA rules when the firm attempted to keep investors from participating in judicial class actions by adding waiver language to customer account agreements.

FINRA Names Leslie F. Seidman As New Public Governor

Date 24/04/2014

The Financial Industry Regulatory Authority (FINRA) has named Leslie F. Seidman as a new Public Governor. Ms. Seidman previously served as Chairman of the Financial Accounting Standards Board (FASB) from 2010 to 2013, having been appointed to the FASB as a Board member in 2003. As Chairman of the FASB, Ms. Seidman was responsible for managing the organization's day-to-day activities and leading the FASB's efforts to develop high-quality financial reporting standards that result in decision-useful information for investors and other users of financial statements.

FINRA Board Approves Amendment To Supervision Rule Requiring Firms To Conduct Background Checks On Registration Applicants

Date 24/04/2014

The Financial Industry Regulatory Authority (FINRA) announced today that its Board of Governors approved amendments to FINRA's supervision rule that would expand the obligations of firms to check the background of applicants for registration, including first-time applications as well as transfers, to verify the accuracy and completeness of the information contained in an applicant's Form U4. Firms would also be required to adopt written procedures in this area that include searching public records.

ICAP Wins GlobalCapital’s “Americas Interdealer Broker Of The Year” Award

Date 24/04/2014

ICAP plc (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, announces that it has been awarded the “Americas Interdealer Broker of the Year” award from GlobalCapital Derivatives. ICAP received the award at the GlobalCapital Derivatives’ America’s Derivatives Awards event in lower Manhattan on the evening of April 22.

Liquidnet Expands Market Surveillance Team In Europe

Date 24/04/2014

Liquidnet, the global institutional trading network, announce the appointment of Christopher Wall as Head of Market Surveillance in Europe and David Stockwell as Market Surveillance Specialist. 

Reuters Provides Live In-Flight News Content In Multiple Languages For Emirates Passengers

Date 24/04/2014

Today Reuters, one of the world’s largest multimedia news providers, announces that Emirates passengers can now access Reuters live news content in-flight. Emirates, which has won Best In-flight Entertainment from World Airline Awards for 9 years running, now features Reuters News stories that are regularly updated throughout flights and are offered in multiple languages including English, Arabic, French and German.

Luxembourg Stock Exchange Lists Europe’s Largest High-Yield Bond For The Year To Date

Date 24/04/2014

On 24 April 2014, the Luxembourg Stock Exchange admitted to trading on its Euro MTF market a high yield bond with an issue amount equivalent to EUR 3.75 billion, the largest amount this year for such bonds.

Tony Necakov Named CTO Of Instinet Incorporated

Date 24/04/2014

Instinet Incorporated today announced the appointment of Tony Necakov as Chief Technology Officer. 

NASDAQ OMX Reports Record First Quarter 2014 Results

Date 24/04/2014

• First quarter 2014 net revenues1 were a record $529 million, up 27% from the prior year quarter.
• Achieved 9% organic revenue growth2 year-over-year and had organic growth in all segments: Information Services, Market Services, Technology Solutions, and Listing Services.
• Generated record first quarter 2014 non-GAAP diluted EPS of $0.72, which was 13% higher year-over-year. First quarter 2014 GAAP diluted EPS was $0.59. Non-transaction based revenues were 72% of our total first quarter 2014 net revenues, and increased 27% from the prior year quarter.
• The company paid down $121 million in debt in the period, and the deleveraging plan remains on schedule to return NASDAQ OMX to its long-term leverage target by the end of the second quarter of 2014.