News Centre

SEC Charges Florida-Based Lawyer With Forging Attorney Opinion Letters For Microcap Stocks

Date 07/12/2012

The Securities and Exchange Commission today announced charges against a Florida-based securities lawyer for issuing fraudulent attorney opinion letters that resulted in more than 70 million shares of microcap stock becoming available for unrestricted trading by investors.

Market Abuse: Justice Ministers Agree EuropeanCommission Proposals On Criminal Sanctions

Date 07/12/2012

In the recent LIBOR scandal, serious concerns have been raised about the manipulation of benchmarks, which can result in significant losses to consumers and investors, or distort the real economy. The integrity of financial markets is also undermined by market manipulation and insider dealing. European justice ministers meeting in the Council of the European Union have today reached agreement on the Commission's proposals for a Directive on insider dealing and market manipulation that will criminalise such behaviour (see IP/11/1218 and IP/12/846). As the European Parliament Economic and Monetary Affairs Committee adopted its first reading opinion on the proposals on 9 October 2012, negotiations between the co-legislators and the Commission for their final adoption can now begin.

BM&FBOVESPA: Investors Value Presence Of Companies On The Corporate Sustainability Index - “The Value Of ISE – Principal Studies And The Perspective Of Investors” Survey Shows Gains From Investment In Sustainable And Responsible Development

Date 07/12/2012

Pension funds are already using BM&FBOVESPA’s Corporate Sustainability Index (ISE) to guide their investments in publicly traded companies. “The value of ISE – principal studies and the perspective of investors” survey shows that 75% of the interviewed institutions used or plan to use in the next 12 months, for investment analyses, the questionnaire filled out by companies for the ISE selection process, available at www.isebvmf.com.br. The survey involved 12 pension funds, which manage BRL 260 billion, representing 45% of the total estimated investment of these bodies in Brazil. This year, the number of companies that authorized publication of questionnaires on the website rose from eight to 14.

TOM Insight November 2012

Date 07/12/2012

Click here to download TOM’s November ‘12 Insight, a document describing matching statistics on TOM MTF and savings made for the retail client by TOM Smart Execution.

Financial Services Authority: Boiler Room Money Launderer Ordered To Pay £320,882

Date 07/12/2012

Michael McInerney, of Richmond, North Yorkshire, has been ordered to pay £320,882 by Southwark Crown Court for his role in a major boiler room share scam. The order was made on Tuesday 4 December.

Clearstream’s November 2012 Figures

Date 07/12/2012

LCH.Clearnet Awarded FOW's 'Best Clearing House, EMEA'

Date 07/12/2012

LCH.Clearnet Group (LCH.Clearnet), the international clearing house, today announced it has been awarded Futures and Options World's (FOW) award for Best Clearing House, EMEA.  The judging panel said the award acknowledged LCH.Clearnet’s world-class risk and collateral management expertise, and innovative multi-asset class clearing solutions.

S&P Capital IQ Strengthens Leading Financial Information Platform For Assessing Market Risks And Opportunities - Ratingsdirect®, The Proprietary Desktop Source For Standard & Poor’s Credit Ratings And Research, Is Now Available On The S&P Capital IQ Platform

Date 07/12/2012

S&P Capital IQ today announced it is making  RatingsDirect^®, the leading source of fixed income data and credit information from Standard & Poor’s Ratings Services, available on the S&P Capital IQ platform. This enhancement will provide RatingsDirect users with direct access to additional intelligence on more than 60,000 companies as well as advanced surveillance tools, alerting functionality, and added customization features, allowing for deeper market and risk assessment capabilities through a single source.

NASDAQ OMX Wins FOW Best Innovation Award For The Genium INET Nordic Integration

Date 07/12/2012

NASDAQ OMX proudly announces that the Futures and Options World (FOW) has awarded NASDAQ OMX the Best Innovation by an Exchange Award 2012 for the Genium INET platform integration in the Nordic and Baltic markets. The award was presented at the FOW International Awards in London on December 6.

Novitas Partners Advises Clearstream On The Establishment Of Its Hedge Fund Business In Dublin

Date 07/12/2012

Clearstream has established a new branch in Dublin to extend its investment funds business to include hedge funds.