News Centre

Robert Pickel Appointed Chief Executive Officer Of International Swaps And Derivatives Association - Conrad Voldstad To Serve As Special Advisor To The Board

Date 10/11/2011

The International Swaps and Derivatives Association, Inc. (ISDA) today announced that its Board of Directors has appointed Robert Pickel as Chief Executive Officer, effective January 1, 2012. Mr Pickel, who is one of the derivatives markets’ most experienced and accomplished executives, returns to the post after serving as the Association’s Executive Vice Chairman for the past two years. 

SEC Charges San Diego-Based Investment Adviser And Its President With Fraud

Date 10/11/2011

The Securities and Exchange Commission today charged a San Diego-based investment advisory firm and its president with fraud for failing to disclose a conflict of interest to clients and materially misrepresenting the liquidity of a hedge fund they managed.

FINRA Fines Morgan Stanley $1 Million And Orders Restitution Of $371,000 For Excessive Markups And Markdowns

Date 10/11/2011

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Morgan Stanley & Co. Inc. and Morgan Stanley Smith Barney LLC $1 million and ordered $371,000 in restitution and interest to customers for excessive markups and markdowns charged to customers on corporate and municipal bond transactions, and related supervision violations.

Three Former Directors At Military Body Armor Supplier Settle SEC Charges

Date 10/11/2011

The Securities and Exchange Commission today announced that three former directors have agreed to more than $1.6 million in monetary sanctions to settle charges that they were involved in an accounting fraud at a major supplier of body armor to the U.S. military and law enforcement agencies.

Swedish Financial Supervisory Authority,- Finansinspektionen - Issues A Remark To Lannebo And Marginalen Kredit

Date 10/11/2011

Finansinspektionen is issuing remarks and administrative fines to Lannebo Fonder AB and Kredit AB Marginalen for deficiencies in their operations.

Transcript Of A Press Conference With Christine Lagarde

Date 10/11/2011

MR. RICE: Good afternoon, everyone, welcome to this IMF Press Conference and thank you for coming. It's my pleasure to introduce you today to the Managing Director of the IMF, Madam Christine Lagarde. We also have with us today the Director of the Asia Pacific Department, Mr. Anoop Singh and our Resident Representative here in Beijing, Mr. Il Houng Lee. We'll get underway immediately with some remarks from Madam Lagarde, but could I say in advance that we will try to take as many questions as possible, but that means keeping the questions short and I would ask that when you do give your question, please identify yourself by name and affiliation. Madam Lagarde?

OCC Announces 2011 Options Volume Passes 4 Billion Contracts

Date 10/11/2011

OCC announced today that year-to-date total options volume surpassed 4 billion contracts yesterday. This is the first time that U.S. exchange-listed options volume has ever reached this milestone in a single year.

Autorité Des Marchés Financiers: Extension Of The Ban On The Taking Of Net Short Positions In Ten French Securities Of The Financial Sector

Date 10/11/2011

The Board of the Autorité des marchés financiers (AMF) reassessed in early November 2011 the ban on the taking of net short positions in ten French securities of the financial sector (as listed in the related decision).

MF Global UK Limited - LME Client Contracts And The LME Default Regulations

Date 10/11/2011

October 2011 FIF Market Share And Market Dynamics Reports – Executive Summary

Date 10/11/2011

U.S. Equities Market Share

• Share volumes traded across Tape A, B, and Cincreased 2% monthly and 16% annually to182 billion shares (see chart).
• In October 2011, off-exchange trading accounted for 29% of the shares traded in NMS Equity Securities, an increase of 2%.
• Share volumes in NYSE-listed securitiesincreased 5% monthly and 11% annually to101 billion shares.
• NASDAQ-listed securities traded over exchange increased 1% monthly and 9% annually to 44 billion shares.