News Centre

New York Attorney General Schneiderman On The Recess Appointment Of Richard Cordray To Lead The Consumer Financial Protection Bureau

Date 04/01/2012

Attorney General Eric T. Schneiderman released the following statement today on President Obama’s recess appointment of Richard Cordray to lead the federal Consumer Financial Protection Bureau.

SEC Advisory Committee On Small And Emerging Companies To Hold Conference Call Meeting

Date 04/01/2012

The Securities and Exchange Commission Advisory Committee on Small and Emerging Companies will hold a public meeting by conference telephone call on Friday, January 6.

Kansas City Board Of Trade: Schedule For Days Surrounding The Martin Luther King, Jr. Holiday

Date 04/01/2012

In coordination with U.S. stock and commodity exchanges, the Kansas City Board of Trade will observe the following trading hours on the days before and after the upcoming Martin Luther King, Jr. Day holiday on Monday, January 16, 2012.

CHX: Matching Engine Price Change

Date 04/01/2012

On January 9th (subject to SEC approval) the CHX will be implementing a change to matching-engine (ME) pricing in which the exchange ME fee differentiation will no longer be based on whether or not an issue is traded on Tape A, B or C but instead will differentiate ME fees on whether or not an issue is a Derivative Securities Product (DSP).  The most common DSPs are ETFs, ETVs or ETNs and a complete list of CHX eligible DSPs is attached and is also available on the CHX website under the “Traded Issues” link within the “Trading Information” heading. 

DTCC Releases November Report On Annuity Product Activity

Date 04/01/2012

The Depository Trust & Clearing Corporation (DTCC) Insurance & Retirement Services (I&RS) released today November reports on activity in the market for annuity products from its award-winning Analytic Reporting for Annuities online information service, which is based on the transactions that DTCC processes for the industry. Analytic Reporting for Annuities is a service offering of National Securities Clearing Corporation, a DTCC subsidiary.

BOX Price Improvement Activity Increases In December

Date 04/01/2012

In the month of December, price improved contracts on BOX Options Exchange (“BOX”) averaged 266,627 per day.  Price improvement versus the prevailing NBBO for contracts submitted via BOX’s price improvement auction (“PIP”) averaged $146,904 per day, while total savings to investors this month were $3.1 MM.  With this, BOX has saved investors over $370 MM since its inception in 2004.  Overall average daily trading volume on BOX in the month of December was 496,487 contracts, which represented a 22% increase over the same period last year. 

SEC Charges Illinois-Based Adviser In Social Media Scam - Agency Issues Alerts On Social Media Risks For Investors And Firms

Date 04/01/2012

The Securities and Exchange Commission today charged an Illinois-based investment adviser with offering to sell fictitious securities on LinkedIn and it issued two alerts in an agency-wide effort to highlight the risks investors and advisory firms face when using social media.

NYSE Liffe U.S. Announces The Launch Of DTCC GCF Repo Index Futures

Date 04/01/2012

• Innovative New Product Tracking the $400 Billion GCF Repo^® Market
• Exclusive Index License Agreement on DTCC GCF Repo Index
• Will Enhance Liquidity and Efficiency in the U.S. Repo Markets
• Tom Callahan of NYSE Liffe U.S. and Gary Chan of DTCC Discuss DTCC GCF Repo Futures:  http://youtu.be/YW--G2FBlD0

ICE Reports Record Futures Volume In 2011, ADV Up 16% - 2011 OTC Energy ADC Up 15% To A Record $1.6 Million - $26.2 Trillion Cleared In CDS, Record Annual CDS Revenues

Date 04/01/2012

 IntercontinentalExchange  (NYSE: ICE), a leading operator of regulated global futures exchanges, clearing  houses and over-the-counter (OTC) markets, today reported record annual futures  volume and average daily volume for 2011. ICE's OTC energy and credit markets  also produced record average daily commissions (ADC) and credit default swap  (CDS) revenues, respectively.

First Series Of WSE Bonds Now Listed On CATALYST - 5-Year Bonds Issued By The Warsaw Stock Exchange Have Been Newly Listed On The Catalyst Market - A Modern Issue Of Debt Instruments On The Transparent Exchange Market Inspires More Issuers

Date 04/01/2012

The Warsaw Stock Exchange has introduced 1.7 million bearer bonds with a total nominal value of PLN 170 million to trading in the alternative trading system operated by BondSpot.