News Centre

Deutsche Börse: DAX Ex Financials 30 Index Licensed For The First Time To Deka Investment - New ETF Based On Index Launched Today On Xetra

Date 22/07/2013

Deutsche Börse today announced that the DAX ex Financials 30 Index has been licensed to Deka Investment to underlie an exchange-traded fund (ETF). The Deka DAX ex Financials 30 UCITS ETF is tradable on Xetra as of today.

Concurring Statement Of CFTC Commissioner Bart Chilton In The Matter Of Panther Energy Trading LLC And Michael J. Coscia

Date 22/07/2013

While I concur with the settlement in this matter, and agree wholeheartedly with the civil monetary penalty, disgorgement, findings of violations, undertakings, and cease and desist order imposed by the settlement, I am dissatisfied with the imposition of a one-year trading ban as to the respondents. I believe that the type of disruptive trading practice described in the Commission’s complaint is an egregious violation of the Commodity Exchange Act, and warrants the imposition of a much more significant trading ban to protect markets and consumers, and to act as a sufficient deterrent to other would-be wrongdoers.

Eurex Launches Options On French Government Bond Futures

Date 22/07/2013

With effect from 10 September, the international derivatives market Eurex Exchange will launch options on futures that are based on notional long-term bonds issued by the French Republic (“Obligations Assimilables du Trésor” – OAT) with a notional coupon of 6 percent and a remaining maturity of 8.5 to 10.5 years. The minimum price change (tick size) is measured in points and, as with the Bund options, equals 0.01, corresponding to a tick value of 10 euros. Trading hours are from 8 a.m. to 5.15 p.m. CET.

CFTC Orders Panther Energy Trading LLC And Its Principal Michael J. Coscia To Pay $2.8 Million And Bans Them From Trading For One Year, For Spoofing In Numerous Commodity Futures Contracts - First Case Under Dodd-Frank’s Prohibition Of The Disruptive Practice Of Spoofing By Bidding Or Offering With Intent To Cancel Before Execution

Date 22/07/2013

The U.S. Commodity Futures Trading Commission (CFTC) issued an Order today filing and simultaneously settling charges against Panther Energy Trading LLC of Red Bank, New Jersey, and Michael J. Coscia of Rumson, New Jersey, for engaging in the disruptive practice of “spoofing” by utilizing a computer algorithm that was designed to illegally place and quickly cancel bids and offers in futures contracts. The Order finds that this unlawful activity took place across a broad spectrum of commodities from August 8, 2011 through October 18, 2011 on CME Group’s Globex trading platform. The CFTC Order requires Panther and Coscia to pay a $1.4 million civil monetary penalty, disgorge $1.4 million in trading profits, and bans Panther and Coscia from trading on any CFTC-registered entity for one year.

HKEx To Introduce Five New Stock Option Classes On 5 August

Date 22/07/2013

Hong Kong Exchanges and Clearing Limited (HKEx) will introduce five new stock option classes on Monday, 5 August: China Minsheng Banking, Great Wall Motor, Lenovo, MGM China and People’s Insurance Company of China.

Moscow Exchange Indices Weekly Review: July 15-19, 2013

Date 22/07/2013

Weekly review: July 15-19, 2013 (pdf, 652 Kb)

SGX: Cheaper, Earlier And Easier Access To Investing – Key Enablers For Better Retirement

Date 22/07/2013

Singaporeans may retire more comfortably if they could cost-effectively invest earlier in life in higher risk-return assets, according to research Singapore Exchange (SGX) commissioned.

A Weakening Exchanges Sector Continues To Be Bolstered By Strong Start - FTSE Mondo Visione Exchanges Index Weakens In Q2, 2013 - Japan Stock Exchange Outperforms Index, Year-To-Date

Date 22/07/2013

The exchanges sector experienced a softening in value during the second quarter, with the share prices of many publicly listed exchanges decreasing when compared to the strong performance of quarter one, 2013.

Guy Eden Joins Traiana As Head Of Product Management

Date 22/07/2013

Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announced today that it has appointed Guy Eden as Head of Product Management. Guy will have cross asset responsibility and will report to Igor Teleshevsky, a member of Traiana's executive committee.

Dubai Financial Market Company Net Profit Surges 138% To AED 96.5 Million During The First Half Of 2013 - Average Daily Trading Value Up 85% To AED 467 Million And 14,359 New Investors Registered With DFM Since The Beginning Of The Year

Date 22/07/2013

• Abdul Jalil Yousuf Darwish: The development strategy will leave a positive outcome on the company’s performance in the future
• Essa Abdul Fattah Kazim: The performance of H1-2013 is sustainable as DFM comes under the radar of more prominent international investors