News Centre

BOX Options Exchange Price Improvement Activity For May

Date 04/06/2013

In the month of May, price improved contracts on BOX Options Exchange (“BOX”) averaged 246,242 per day, which represented a 13% increase over last month. Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction, PIP, averaged $273,855 per day, while total savings to investors this month was $6.0 MM. With this, BOX has saved investors over $435 MM since its inception in 2004. Overall average daily trading volume on BOX in the month of May was 419,792 contracts, which represented a 13% increase over last month.

S&P Dow Jones Indices Announces Changes To The S&P/TSX Canadian Indices - A Deletion From The S&P/TSX Composite And Global Mining Indices

Date 03/06/2013

S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:

The shareholders of Aurizon Mines Ltd. (TSX:ARZ) have agreed to a Plan of Arrangement with  Hecla Mining  Company  (NYSE:HL).  Aurizon  Mines  shareholders  will  receive  a combination of cash and shares of Hecla Mining for each share held. 

International Securities Exchange Reports Business Activity For May 2013

Date 03/06/2013

• ISE was the second largest equity options exchange in May with a market share of 17.2%, excluding dividend trades.
• Dividend trades made up 4.0% of industry volume in May 2013.

Direct Edge Trading Notice #13-22: Mega Tier Criteria Update

Date 03/06/2013

Effective Monday, June 3, 2013, EDGX Exchange (EDGX®) will update the Mega Tier criteria for Members to qualify for the $0.0035 per share rebate to add liquidity and $0.0015 per share fee to remove and/or route liquidity, pending filing with the Securities and Exchange Commission (SEC). 

Component Change Made In STOXX Europe 50, STOXX Asia/Pacific 50 And STOXX North America 50 Indices - Changes Are Due To Fast Entry Rule

Date 03/06/2013

STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced component changes in the STOXX Europe 50, STOXX Asia/Pacific 50 and STOXX North America 50 indices due to the fast entry rule. These changes become effective with the open of markets on June 24, 2013.

CFTC: Federal Court Orders Melissa C. Rushton To Pay $50,000 To Settle Charges Pertaining To Her Husband’s Fraudulent Operation Of Summit Trading & Capital LLC

Date 03/06/2013

The U.S. Commodity Futures Trading Commission (CFTC) announced today that it obtained a federal court order on May 30, 2013 requiring defendant Melissa C. Rushton of Gridley, Illinois to pay a $50,000 civil monetary penalty to settle fraud and other charges stemming from her role in the operation ofvSummit Trading & Capital LLC (Summit). The court’s order also imposes permanent trading and registration bans against her and prohibits her from violating the anti-fraud and other provisions of the Commodity Exchange Act and Commission Regulations, as charged.

CBOE Holdings May Volume Is Highest For 2013

Date 03/06/2013

CBOE Holdings, Inc. (NASDAQ: CBOE) reported today that May trading volume for options contracts on Chicago Board Options Exchange® (CBOE®) and C2 Options Exchange (C2^SM) and futures contracts on CBOE Futures Exchange, LLC (CFE®) totaled 107.14 million contracts, the highest monthly volume to date in 2013. Average daily volume (ADV) in May was 4.87 million contracts, up four percent from 4.67 million contracts in April 2013 and down four percent from 5.06 million contracts in May 2012. 

OneChicago Announces Trading Volume For May 2013

Date 03/06/2013

OneChicago Security Futures Volume Tops 1 Million in May 2013 Posting the Fifth Best Month in Exchange History

SEC Charges Fortune 200 Company For Accounting Deficiencies

Date 03/06/2013

The Securities and Exchange Commission today charged a Bellevue, Wash.-based commercial truck manufacturer and a subsidiary for various accounting deficiencies that clouded their financial reporting to investors in the midst of the financial crisis.

MGEX Reports Eighth Month In A Row Of Year Over Year Volume Growth

Date 03/06/2013

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), today announced total Exchange volume in May at 89,382 contracts traded. This is the eight month in a row that the Exchange has experienced year over year growth. Open interest was reported at 42,519 contracts. Apple Juice Concentrate (AJC) volume saw 15.7 percent growth from April 2013 with 362 contracts traded. AJC open interest, reported at 320 contracts, saw 58.4 percent growth from April 2013.