News Centre

Societe Generale - New Phase In The Transformation: Organisation Changes & Appointments

Date 13/02/2013

After taking a decisive step in its transformation in 2012, with major progress in building up its financial solidity, Societe Generale is entering a new phase of its Ambition SG 2015 programme to reinforce its universal banking model, centred on three pillars of excellence, and continue to adapt to the new economic and regulatory situation and the changing expectations of its clients. The Group thus plans to reinforce its organisation by further refocusing on its core businesses and simplifying its operating structures and methods.

Misys Appoints Himanshu Raja As Its New Chief Financial Officer - New CFO To Join Management Team As Misys Continues Growth

Date 13/02/2013

Misys is pleased to announce the appointment of Himanshu Raja to the role of Chief Financial Officer.

Eurex Admits First Exchange Member In Japan

Date 13/02/2013

Eurex Exchange, the international derivatives marketplace, announced today that it admitted its first directly connected trading participant in Japan – Nissan Century Securities Co., Ltd. As part of Unicom Group, the brokerage firm offers a wide range of brokerage services and aims to expand its service by connecting to leading international exchanges.

Bursa Malaysia Securities Publicly Reprimands Brite-Tech Berhad For Breach Of ACE Market Listing Requirements

Date 13/02/2013

Bursa Malaysia Securities Berhad (Bursa Malaysia Securities) has publicly reprimanded Brite-Tech Berhad (BTECH) for failing to ensure that BTECH’s announcement dated 29 February 2012 on the fourth quarterly report for the financial period ended 31 December 2011 (4^th QR 2011) took into account the adjustments as stated in BTECH’s announcement dated 19 April 2012.

SIFMA Supports President Obama’s Endorsement Of Transatlantic Trade And Investment Partnership

Date 13/02/2013

SIFMA today released the following statement from Kenneth E. Bentsen, Jr., executive vice president, public policy and advocacy, in response to President Obama’s endorsement in his State of the Union Address of beginning negotiations with the European Union on a comprehensive Transatlantic Trade and Investment Partnership.

McGraw-Hill Reports 4th Quarter And Full-year 2012 Results - Says Department Of Justice Civil Lawsuit Entirely Without Factual Or Legal Merit

Date 12/02/2013

• McGraw-Hill Education Reclassified to Discontinued Operations in Anticipation of the Sale Closing in the 1st Quarter
• McGraw Hill Financial Revenue Increased 22% in the 4th Quarter and 13% for the Full Year
• Diluted EPS from Continuing Operations Increased 80% to $0.67 in the 4th Quarter and 19% to $2.37 for the Full Year
• Adjusted Diluted EPS from Continuing Operations Increased 56% to $0.72 in the 4th Quarter and 32% to $2.75 for the Full Year, Creating a Baseline for Future Comparisons
• Introduces 2013 Adjusted Diluted EPS Guidance for McGraw Hill Financial of $3.10 to $3.20, an Increase of Approximately 15% Versus Comparable 2012 EPS of $2.75

New York Business Owner Arrested For Allegedly Running A $1.5 Million Ponzi Scheme

Date 12/02/2013

Jason J. Konior, the founder and manager of a number of related business entities in New York City, collectively referred to as “Absolute,” was arrested today for orchestrating a Ponzi scheme, announced Preet Bharara, the U.S. Attorney for the Southern District of New York, and George Venizelos, the Assistant Director-in-Charge of the New York Office of the FBI. Through Absolute, Konior stole approximately $1.5 million from three hedge fund investors and used the proceeds to pay off prior investors and to pay himself.  He was arrested in New York City and is expected to be presented in federal court before U.S. Magistrate Judge James L. Cott on Wednesday.

CNSX And Pure Trading Family Day Schedule

Date 12/02/2013

CNSX and Pure Trading markets and offices will be closed on Monday, February 18, 2013 for Family Day. Regular trading hours for both CNSX and Pure Trading will resume on Tuesday February 19, 2013. 

Former Galleon Group Employee And Hedge Fund Founder Ali Far Sentenced In New York Federal Court For Insider Trading

Date 12/02/2013

Ali Far, a former employee of Galleon Group and founder/portfolio manager of Spherix Capital Partners, was sentenced today to one year of probation for his participation in multiple insider trading schemes during which he obtained, shared and traded based on material, nonpublic information stolen from several public companies, announced U.S. Attorney for the Southern District of New York Preet Bharara. Far pleaded guilty in October 2009 to one count of conspiracy to commit securities fraud and one count of securities fraud under a cooperation agreement with the government.  He was sentenced today in New York federal court by U.S. District Judge Robert P. Patterson.

Direct Edge Trading Notice #13-08: Market Holiday Reminder – President's Day

Date 12/02/2013

In observance of President's Day, EDGA Exchange, Inc. (EDGA^®) and EDGX Exchange, Inc. (EDGX^®) will be closed on Monday, February 18, 2013. The exchanges will resume normal trading hours on Tuesday, February 19, 2013.