News Centre

Direct Edge Trading Notice #13-04: Market Holiday Reminder - Martin Luther King, Jr. Day

Date 15/01/2013

EDGA Exchange, Inc. (EDGA^®) and EDGX Exchange, Inc. (EDGX^®) will be closed on Monday, January 21, 2013, in observance of Martin Luther King, Jr. Day.  Both exchanges will resume normal trading hours on Tuesday, January 22, 2013.

CFTC: Federal Court In Nevada Orders Charles Leroy Timberlake And Trans Global Investments, LLC To Pay $340,000 To Settle Commodity Pool Fraud Charges- Defendants Permanently Barred From The Commodities Industry

Date 15/01/2013

The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained a federal court order requiring defendants Trans Global Investments, LLC (Trans Global), a Nevada company and unregistered Commodity Pool Operator (CPO), and its President, Charles Leroy Timberlake, a Texas resident, to pay $200,000 in restitution and a $140,000 civil monetary penalty to settle CFTC charges of commodity pool fraud.

CME Clearing Named "Clearing House of the Year" by Risk Magazine

Date 15/01/2013

CME Group today announced that CME Clearing has been named the Clearing House of the Yearin Risk Magazine's annual Risk Awards. The annual awards recognize excellence in risk management and derivatives markets across 29 categories.

IntercontinentalExchange Receives Regulatory Approval For Customer Portfolio Margining - Expands Capital Efficiencies For Buy-Side Clearing

Date 15/01/2013

IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, announced today that ICE Clear Credit, the largest North American credit default swap (CDS) clearing house, has received regulatory approval to provide portfolio margining relief for buy-side clearing of CDS.

Thomson Reuters Eikon To Provide Unique View Of Agricultural Oilseed Markets With Exclusive Nopa Distribution Agreement - Market Professionals Tracking Grain Or Oilseed Markets To Receive Monthly Soybean Crush Data From The National Oilseed Processors Association Via Thomson Reuters Eikon

Date 15/01/2013

Thomson Reuters and the National Oilseed Processors Association (NOPA) today announced an agreement for Thomson Reuters to serve as the exclusive distributor of NOPA’s monthly soybean crush data via Thomson Reuters Eikon, the company’s flagship financial markets desktop. The NOPA data reports soybean processing (“crush”) information each month in one of the world’s most important soybean growing and exporting nations, providing a key indicator of usage and therefore potential impacts on the global marketplace.

Warsaw Stock Exchange Among Europe’s Top Five Markets By Value Of IPOs In 2012

Date 15/01/2013

• The WSE ranked #1 in Europe by the number of IPOs and #5 by the value of IPOs in 2012.
• The Warsaw Stock Exchange was Europe’s third most active IPO market by value in Q4 2012.
• Alior Bank was the second biggest offering in the European banking sector in 2012 and a top five offering on European exchanges in Q4 2012.

Russell Indexes And NYSE Euronext Announce Global Alliance And RussellTick Distribution Agreement - RussellTick™ To Be Hosted In NYSE Euronext's U.S. Liquidity Center & Global Index Feed - Alliance Highlights Complementary Strategic Direction & Enhances Capital Markets Community - Commitment To Introduce Additional Products In The U.S. & Europe Including Index Options - Russell Index Leaders And CEO Ron Bundy Will Ring The Opening Bell® On Wednesday, January 16th To Celebrate The Global Alliance

Date 15/01/2013

Russell Indexes, a leading global index provider and NYSE Euronext, one of the  world's premier exchange operators and technology innovators, today announced a  global alliance which will span three distinct NYSE Euronext business lines and  multiple geographies, as well as several facets of Russell's global index  business. The agreement includes the transition of RussellTick, an index feed  for real-time, intra-day values for the Russell family of indexes in the U.S.  and globally, to NYSE Technologies' Global Index Feed (GIF) protocol and  extensive global distribution. Approximately $3.9 trillion in assets are  currently benchmarked to the Russell Indexes globally.  The alliance also  includes a commitment to develop additional joint global services and products,  such as new index-based options.

Thai Futures Exchange’s Stock Futures Hit Record High After Position Limit Adjustment

Date 15/01/2013

The Thailand Futures Exchange PCL (TFEX), under The Stock Exchange of Thailand group, revealed that trading volume of stock futures hit an all-time high after expanding its stock futures’ position limit to be proportional to the listed shares of the underlying stocks on January 14.

IPC Is First To Deploy Tradview, The Revolutionary Breakthrough In The Real Time Monitoring Of Market Data Feeds From Datacom Systems - IPC Will Also Deploy Network Taps And Aggregation Switches From Datacom Systems

Date 15/01/2013

Datacom Systems today announced that IPC Systems, Inc., a leading provider of voice and electronic trading communications solutions to the world’s top financial services firms and global enterprises, will be the first customer to deploy the new TradeView appliance, the revolutionary breakthrough in the realtime monitoring of market data feeds – delivering 5x the speed at half the cost of traditional monitoring tools. 

Mergermarket UK M&A Roundup 2012

Date 15/01/2013

Summary Overview

• UK M&A activity totalled £80.6bn in 2012, up 5.1% compared to 2011 (£76.7bn) and accounted for 18.6% of total European M&A activity of£433.3bn.
• Q4 2012 amounted to £20bn, up 36.1% from the same period last year(£14.7bn) and up 23.5% compared to Q3 2012 (£16.2bn).
• The top sector continued to be Energy, Mining & Utilities (£20.6bn) with a 25.6% market share of total UK deal value. The sector’s largest deal with UK target was the £6.8bn acquisition of 30.2% stake in GDF Suez Energy International by GDF Suez in April.
• Foreign investments into the country accounted for 70.8% of all UK M&A in 2012. Totalling £57.1bn, this represented a 0.9% increase from 2011 (£56.6bn) and the highest annual value since 2008 (£74.8bn)    
• UK cross-border outbound activity in 2012 amounted to £43.1bn, down 32.9% from the last year’s £64.2bn, recording its lowest value since2009 (£19.5bn). However, Q4 2012 (£14.3bn) was up for a third consecutive quarter in 2012, increasing by 7.5% from £13.3bn in Q32012 and up 120% from £6.5bn in Q1 2012.
• Having advised on £69.4bn-worth of deals including the top four UK deals, Barclays jumped five positions to take the lead in the financial advisor league table by deal value.
• Linklaters topped the legal advisor table by deal value after advising on95 deals worth £66.1bn – this deal value includes the 50% acquisition ofTNK-BP made by Rosneft Oil Company for £19.5bn.