News Centre

Thomas Kloet, Chief Executive Officer TMX Group: Speech - Montreal Chamber of Commerce

Date 15/06/2011

Merci Michel. Good afternoon everyone

.C’est un plaisir d’être ici cet après-midi avec mon collègue, Xavier Rolet de laBourse de Londres.

Si vous me permettez, je vais m’adresser a vous en anglais aujourd’hui.

While I can speak some French, if you will permit me, I’ll speak in English today so that my comments are clear. On February 9, Xavier and I announced a combination that would have our two businesses join forces to create a strong international competitor. A true merger. And, by any measure, a merger of equals.

Oral Statement On Proposed Order For Exemptive Relief - CFTC General Counsel Dan Berkovitz

Date 15/06/2011

Good morning Mr. Chairman and Commissioners.

First, I would like to thank the members of the OGC team that have worked very hard on this order: Harold Hardman, Terry Arbit, Carlene Kim, Neal Kumar, Sue McDonough, and Mark Higgins. I also would like to thank the Divisions for their helpful comments and support on this project.

DIFC And Korea Capital Market Institute Reinforce Ties Through Strategic Cooperation Agreement - MoU Facilitates Investment And Relations Between Financial Institutions In South Korea And The UAE

Date 15/06/2011

Dubai International Financial Centre ("DIFC"), the financial and business gateway between the Middle East and the world, yesterday (Tuesday 14 June 2011) signed a Memorandum of Understanding ("MoU") with Korea Capital Market Institute ("KCMI"). The MoU will see DIFC and KCMI commit to supporting relationships between DIFC and South Korean institutions that are interested in expanding internationally. This will include jointly organising workshops, seminars and conferences among other initiatives to stimulate to business growth. The MoU was signed by Dr. Hyoung-Tae Kim, President, KCMI and Dr. Nasser Saidi, Chief Economist and Head of External Relations, DIFC Authority, at a special ceremony held in Seoul.

Testimony Before The U.S. Senate Committee On Agriculture, Nutrition & Forestry, Washington, DC - CFTC Chairman Gary Gensler

Date 15/06/2011

Good morning Chairwoman Stabenow, Ranking Member Roberts and members of the Committee. I thank you for inviting me to today’s hearing on implementing Title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act. I am pleased to testify on behalf of the Commodity Futures Trading Commission (CFTC). I also thank my fellow Commissioners and CFTC staff for their hard work and commitment on implementing the legislation.

TMX Datalinx Announces Data Distribution Agreement With NASDAQ OMX Global Data Products - Data Feeds Available To TMX And NASDAQ Co-Location Clients

Date 15/06/2011

TMX Group Inc. today announced that TMX Datalinx^TM, its information services division, has entered into a bi-lateral agreement with NASDAQ OMX Global Data Products to make each marketplace's market data available in their respective co-location facilities. Using TMXnet^TM North America, TMX's low latency network between Canada and the U.S., TMX and NASDAQ OMX's co-location clients can receive low latency, reliable and cost efficient access to NASDAQ OMX and TMX market data.

Emerging Markets Remain Popular With Buy-Side Investors But Prime Brokers Hold Keys To The Kingdoms, Says TABB - New TABB Research Shows Investors Seek Sector- And Company-Based Investment Strategies Over Emerging Market Groupings In Their Continued Search For Alpha

Date 15/06/2011

Institutional buy-side investors see the emerging financial markets as a source of ongoing positive returns as developed markets continue to show slower growth and increased risks. But according to TABB Group in new research published today, prime brokers hold the key to the hardest-to-access markets based on their ability to provide cost-efficient access products as well as technology platforms, including direct markets access (DMA) systems and cross-region, cross-asset portfolio management tools.

RTS: On June 15, 2011 On The Expiration Day Of The Front Month Option Contracts The Evening Trading Session Starts At 7.10 PM MSK

Date 15/06/2011

Please be advised that in accordance with the resolution of the RTS’s Board of Directors that was passed in compliance with the Derivatives Rules of RTS, Clause 6.2 the evening trading session on FORTS will start 10 minutes later today, i.e. at 7:10 pm MSK, as today is the expiration day of the front month option contracts.

Portware Enters Into Strategic Partnership With Panopticon For Data Visualization Solution - The Collaboration Will Deliver Comprehensive Visual Monitoring And Analytics Solution To Portware Customers

Date 15/06/2011

Panopticon Software, the leading provider of visual data analysis software for real-time, CEP and historical time series data, today announced that it has partnered with Portware to bring custom data visualization technology to Portware’s suite of global, multi-asset trading systems. This partnership gives Portware clients a powerful and highly flexible visual analytics solution that allows traders to intelligently monitor any real-time or historical trading data. 

U.S.A. Federal Reserve: Michael S. Gibson, Senior Associate Director, Division Of Research and Statistics - Implementation Of Title VII Of The Dodd-Frank Act - Before The Committee On Agriculture, Nutrition, And Forestry, U.S. Senate, Washington, D.C.

Date 15/06/2011

Chairwoman Stabenow, Ranking Member Roberts, and other members of the Committee, I appreciate this opportunity to provide the Federal Reserve Board's views on the implementation of title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act). The Board's responsibilities with respect to over-the-counter (OTC) derivatives fall into three broad areas: consultation and coordination with other authorities, both domestic and international; efforts to strengthen the infrastructure of derivatives markets; and supervision of many derivatives dealers and market participants.

Omega ATS Launches Smart Order Router - Continues To Innovate With Canada’s Only Free SOR

Date 15/06/2011

Omega ATS, the low latency alternative trading system for exchange-listed equities and fixed income instruments, today announced that it has introduced Smart Order Routing (SOR) based on OSC sanctioned TSX/TSXV CBBO. Omega ATS can now provide SOR at no additional cost to users and send orders to each marketplace even when a quote is not displayed in the CBBO. As a result, all orders placed via Omega ATS are able to participate in both dark and lit liquidity markets to deliver price improvements where possible.