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FINRA Orders Chase To Reimburse Customers $1.9 Million For Unsuitable Sales Of UITs And Floating-Rate Loan Funds - FINRA Also Fines Chase $1.7 Million

Date 15/11/2011

The Financial Industry Regulatory Authority (FINRA) announced today that it has ordered Chase Investment Services Corporation to reimburse customers more than $1.9 million for losses incurred from recommending unsuitable sales of unit investment trusts (UITs) and floating rate loan funds. FINRA also fined Chase $1.7 million.

TMX Group Improves Equity Trading Performance With Second Phase Of Enterprise Expansion

Date 15/11/2011

TMX Group announced today that it has successfully completed the second phase of its equity Enterprise Expansion project. This initiative was designed to provide customers with significantly improved trading technology and performance across the TSX Quantum® trading enterprise.

ICE Reaches $25 Trillion Milestone In Global CDS Cleared

Date 15/11/2011

IntercontinentalExchange (NYSE: ICE), a leading operator of global regulated futures exchanges, clearing houses and over-the-counter (OTC) markets, announced that its credit default swap (CDS) clearing houses surpassed $25 trillion in cumulative gross notional value during the week ending November 11, 2011.

Chicago-Based Donald Horwitz Consulting Joins Forces With Oyster Consulting - Combined Firms Expand Regulatory - Compliance Consulting Practice With Nationwide Resources

Date 15/11/2011

As financial services firms increasingly seek assistance to navigate a complex regulatory and business environment, Richmond-based Oyster Consulting, LLC and Chicago-based Donald Horwitz Consulting, LLC (DHC) announced today that they have joined forces to increase the depth and breadth of their individual service offerings. Led by Donald Horwitz, DHC’s addition to Oyster Consulting enhances the firm’s expertise in commodities, futures and options. Their combined forces also enable DHC clients to benefit from Oyster Consulting’s depth of resourcesand more than 40 consultants in seven cities nationwide.

Swedish Financial Supervisory Authority- Finansinspektionen: Risks In The Financial System 2011

Date 15/11/2011

Sweden has remained relatively stable in a turbulent period but during this time the risk level in the Swedish financial system has also risen. The uncertainty in surrounding markets has meant that banks’ liquidity risks and the impact of low interest rates on life insurance undertakings remain in focus. Finansinspektionen also believes there is a risk that the sale of complex products to consumers will increase.

Hong Kong's Securities and Futures Commission Issues Variation Notice On MF Global Hong Kong Limited

Date 15/11/2011

The Securities and Futures Commission (SFC) has issued a Variation Notice on MF Global Hong Kong Limited (MFGHK) which removes the deadline in relation to the close out or transfer of clients’ outstanding positions in the HKFE Clearing Corporation Limited (HKCC).

Thomson Reuters Global Equities Monthly Market Share Data Updated To Reflect October 2011 Activity

Date 15/11/2011

Trading is fragmenting between exchanges and competing venues. But by how much and which venues? Find out in the Thomson Reuters summarised monthly reports.

BSE Derivatives Trading Volume Rs.1477.04 Crores On 15th November

Date 15/11/2011

FIF Capacity Statistics For October 2011 - Three New Record Peaks: Direct Edge EDGX, CME MDP FIX/FAST, BATS Options MCASTPITCH AGG

Date 15/11/2011

This month’s bulletin from the Financial Information Forum (FIF) finds that DIRECT EDGE EDGX was up for the second straight month to a record 28% at 176,314 mps over the 1 second interval.

Deutsche Börse: New SPDR Bond Index ETF Launched On Xetra

Date 15/11/2011

A further exchange-listed bond index fund issued by SPDR (State Street Global Advisors) has been tradable on Xetra^® since Tuesday.