News Centre

SEC Charges Attorney And Two Other South Florida Residents In $27.5 Million Investment Fraud

Date 05/09/2012

The Securities and Exchange Commission today charged an attorney and two others living in South Florida for their roles in a $27.5 million investment scheme that led investors to believe they were purchasing securities consisting of “pre-sold” commodities contracts with a pre-determined profit. However, the supposed profits actually distributed to investors were largely taken from other investors’ funds.

Direct Edge Trading Notice #12-38: Route Peg Order Will Launch On September 7th

Date 05/09/2012

As previously announced, Direct Edge^® will introduce the Route Peg Order on both the EDGA Exchange, Inc. (EDGA^®) and EDGX Exchange, Inc. (EDGX^®). The Route Peg Order has been approved by the Securities and Exchange Commission (SEC) and will launch on Friday, September 7, 2012. Pending filing with the SEC, the rebate for adding liquidity to EDGA using the Route Peg Order is now $0.0015 per share and the charge for adding liquidity to EDGA using the Route Peg Order is $0.0005 per share. 

Persisting Divides In Global Competitiveness As Switzerland, Singapore And Finland Top Competitiveness Rankings In 2012

Date 05/09/2012

• Competitiveness gap widening among European countries
• US remains world’s innovation powerhouse despite decline in overall ranking
• People’s Republic of China most competitive among large emerging markets; India, Russia fall
• Download the full report profiling 144 economies, highlights, rankings and more at http://www.weforum.org/gcr
• Watch the video interviews on the results of the report

SEC Charges Radio Personality For Conducting Misleading Investment Seminars

Date 05/09/2012

The Securities and Exchange Commission today charged a nationally syndicated radio personality and financial advice author for spreading misleading information about his “Buckets of Money” strategy at a series of investment seminars that he and his company hosted for potential clients.

OneChicago Announces Trading Volumes For August 2012

Date 05/09/2012

OneChicago, LLC (OCX), an equity finance exchange, today announced that a total of 433,498 security futures contracts were traded in the month of August 2012.

BOX Options Exchange September 2012 InBOX

Date 05/09/2012

This is the September issue of InBOX, your news source from inside the BOX Options Exchange. This monthly publication will provide convenient summaries of recent developments at BOX.

Dubai Mercantile Exchange Announces India's Largest Oil Refiner As Newest Member

Date 05/09/2012

Reliance Industries Limited (RIL), India’s largest private sector enterprise, has today become the newest Member of the Dubai Mercantile Exchange (DME). Reliance Industries is DME’s 26th Off Floor Member, and its decision to join comes at a time of continued growth for the Exchange, which saw trades pass the 3 billion barrel mark in May this year.

Newedge Strengthens Alternative Investment Solutions

Date 05/09/2012

Newedge, a global leader in multi-asset brokerage and clearing, announced today the following appointments in its Alternative Investment Solutions (AIS) group, a part of Newedge’s Prime Clearing Services.

Trading Technologies To Provide Connectivity To Eris Exchange

Date 05/09/2012

Trading Technologies International, Inc. (TT), a global provider of high-performance trading software for derivatives professionals, and Eris Exchange, a U.S.-based futures exchange, today announced that TT will offer a new gateway to connect its trading software to the Eris SwapBook™electronic trading platform. With the new connection, which is currently targeted for release in the fourth quarter of 2012, TT customers will gain the ability to trade benchmark Eris Exchange Interest Rate Swap Futures and inter-market spreads through TT’s X_TRADER^® trading platform and related products.

Polish Power Exchange: Closer To The Exchange Gas Market

Date 05/09/2012

• The Polish Financial Supervision Authority has approved the Rules of Gas Trading on the Polish Power Exchange and the Rules of the Exchange Clearing House (Commodity Market) operated by the Warsaw Commodity Clearing House.
• The documents constitute the formal basis for the operation of the gas market on POLPX and set out among others the conditions which must be fulfilled by market participants in order to trade in gas on the exchange.
• Currently, trade will only be possible through brokerage houses and commodity brokerage houses which are POLPX members and employ commodity exchange brokers.