News Centre

Statement At SEC Open Meeting – Proposed Rules Relating To Cross-Border Security-Based Swap Activities By Commissioner Daniel M. Gallagher

Date 01/05/2013

Thank you Chair White. I would like to join my colleagues in thanking the staff for all of the hard work that went into today’s 1,000+ page proposing release.  And I am happy for my old Division, Trading and Markets -- Corp Fin had their aircraft carrier, and TM now has a squadron!  Although it has already been duly noted, I would like to acknowledge the tremendous efforts of Brian Bussey, Matthew Daigler, Nathaniel Stankard, Wenchi Hu, Richard Gabbert and Richard Grant, and their colleagues in the Division of Trading and Markets.  I also want to acknowledge, as always, the excellent work of the staff of the Division of Risk, Strategy, and Financial Innovation and the Office of the General Counsel.

Dubai Financial Market Signs Memorandum Of Understanding With Awqaf & Minors Affairs Foundation

Date 01/05/2013

Dubai Financial Market (DFM) signed a Memorandum of Understanding (MoU) with Awqaf & Minors Affairs Foundation (AMAF), as part of the two sides’ deep belief in the importance of mutual collaboration and orchestrated efforts for the good of the UAE society.

CFTC’s Division Of Swap Dealer And Intermediary Oversight Issues No-Action Letter Regarding The Obligation Of Swap Dealers And Major Swap Participants To Provide Certain Disclosures For Certain Transactions Under Regulation 23.431

Date 01/05/2013

The Commodity Futures Trading Commission’s (CFTC) Division of Swap Dealer and Intermediary Oversight (DSIO) today issued a no-action letter that provides swap dealers and major swap participants with relief from certain disclosure requirements prescribed under Commission Regulation 23.431.

OCC Announces Cleared Contract Volume Rose 17% In April

Date 01/05/2013

OCC announced that cleared contract volume for the month was 376,392,187 contracts, a 17 percent increase from April 2012. OCC's year-to-date total contract volume is down half a percent from April 2012 with 1,383,287,827 contracts.

Real Estate Sector Excels On Toronto Stock Exchange And TSX Venture Exchange

Date 01/05/2013

Real estate was one of the most active sectors on Toronto Stock Exchange (TSX) and TSX Venture Exchange (TSXV) in 2012 and for the first quarter of 2013.

LME Posts New Monthly Trading Record

Date 01/05/2013

Record volumes were transacted on the London Metal Exchange (LME) in April 2013, with 14,517,213 lots traded. The previous record was set in November 2012, with 14,513,976 lots traded.

The Options Industry Council Announces April Options Volume Rose 16 Percent

Date 01/05/2013

The Options Industry Council (OIC) announced today that 371,147,433 total options contracts were traded in April, which is up 16.11 percent compared to last year when 319,640,606 contracts were traded. This marks the best April volume on record.

MGEX Volume up 58 Percent in April

Date 01/05/2013

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), today announced total Exchange volume in April at 146,574 contracts traded, a 58.3 percent increase from March 2013. Additionally, this is a 29.7 percent increase from April 2012. This is the seventh consecutive month of year over year volume growth and is the top volume month since August 2011. 

CME Group Statement Re Wall Street Journal Article

Date 01/05/2013

CME Group, today released the following statement in response to today's Wall Street Journal article:

While there can be instances of inconsistencies with any technology, CME Group is continually making improvements to our trading platform to increase efficiencies, including variability between the time a firm or customer receives its trade confirmation and it appears on the public data feed.  Out of the more than 300 million messages that come into our platform each day, there may be times when customers can experience a latency of a few milliseconds between the time they receive their trade confirmations and when that information is accessible on the public feed.  However, these instances are not consistent and vary across asset classes.

IntercontinentalExchange Reports 1Q13 Adjusted Diluted EPS Of $2.03, Adjusted Net Income Attributable To ICE Of $149MM

Date 01/05/2013

• 1Q13 GAAP Diluted EPS of $1.85
• 1Q13 GAAP Net Income Attributable to ICE of $135MM
• 1Q13 Revenues of $352MM