News Centre

Tokyo Commodity Exchange CB Trigger Level Expansion

Date 26/04/2011

As of 13:00 today (4/26th), the CB trigger level will be expanded as shown below:

Commodity: Silver

Contract Month: All contract months

CB Trigger Level: +/- 12.5 yen from the settlement price of the previous clearing period

CalPERS Calls Goldman Sachs Plan Harmful To Lehman Brothers Holding Inc. Bondholders

Date 25/04/2011

The California Public Employees’ Retirement System (CalPERS) issued the following statement today concerning the plan filed by Goldman Sachs and others for the liquidation of Lehman Brothers Holdings Inc. (LBHI).

Treasury Advisory Borrowing Committee Of SIFMA Urges Raising Debt Ceiling

Date 25/04/2011

In a letter sent on April 25, 2011, Matthew Zames, the Chairman of the Treasury Borrowing Advisory Committee of SIFMA and managing director at JP Morgan, calls on Treasury Secretary Geithner to raise the debt limit without delay. The letter warns that, given the high level of uncertainty which already exists among market participants, even a technical default would have a severe and long-lasting impact on the economy. Moreover, any delay in making an interest or principal payment by Treasury even for a very short period of time would put the U.S. Treasury and overall financial markets in uncharted territory, and could trigger another catastrophic financial crisis. The letter also outlines five damaging consequences which would likely result from failure or even delay to raise the debt ceiling.

BATS BYX Exchange Introduces NBBO Setter Program - Members Setting The NBBO On BYX Exchange Can Add Liquidity At No Charge

Date 25/04/2011

BATS Global Markets (BATS) today announced the introduction of an innovative NBBO Setter Program for members setting the National Best Bid and Offer (NBBO) on the BATS BYX Exchange, effective May 2.

Former Banco Santander Analyst Agrees To Settle Insider Trading Charges

Date 25/04/2011

The Securities and Exchange Commission today announced that former Banco Santander S.A. analyst Juan Jose Fernandez Garcia of Madrid, Spain, has agreed to pay more than $625,000 to settle insider trading charges against him. The SEC accused Garcia in August 2010 of illegally trading in advance of a corporate takeover by a company that Santander advised.

Direct Edge Hires Saro Jahani As Chief Information Officer - Promotes Rich Hochron To Chief Technology Officer - Additional Promotions Within Exchange’s Technology Group Announced

Date 25/04/2011

Direct Edge announced today that it has hired Saro Jahani as Chief Information Officer.  In his role, Mr. Jahani will oversee and manage the information technology aspects of the firm. He will report directly to Chief Executive Officer William O’Brien.

NYSE Euronext Moves Up Date For First-Quarter 2011 Earnings Release To April 28, 2011

Date 25/04/2011

NYSE Euronext (NYX) will announce earnings for the first quarter of 2011 before the market opens on Thursday, April 28, 2011.  A news release will be issued at approximately 2:30 a.m. (New York) / 8:30 a.m. (Paris) and NYSE Euronext senior management will review the results during the 2011 Annual Meeting of Stockholders scheduled to begin at 8:00 a.m. (New York)/ 2:00 p.m. (Paris).  A presentation will be referenced during the meeting and will be available on our website at http://www.nyseeuronext.com/ir.

Gene Gohlke, Associate Director For Examinations, Retiring After 35 Years At SEC

Date 25/04/2011

The Securities and Exchange Commission announced today that Gene Gohlke, an Associate Director for Examinations in the Office of Compliance Inspections and Examinations, is retiring from public service at the end of April after more than 35 years at the SEC.

CBOE To Add Five New Credit Event Binary Options (CBOEs) On Financial Firms On April 26

Date 25/04/2011

The Chicago Board Options Exchange (CBOE) announced today that on Tuesday, April 26, the Exchange will continue its roll-out of Credit Event Binary Options (CEBO^®) with the addition of five new options classes based on financial firms: Bank of America Corporation (Ticker: BACD); JPMorgan Chase & Co. (Ticker: JPMD); Citigroup Inc. (Ticker: CITD); The Goldman Sachs Group (Ticker: GSSD); and Morgan Stanley (Ticker: MSTD).

SEC Announces Arrival Of New Administrative Law Judge Cameron Elliot

Date 25/04/2011

The Securities and Exchange Commission announced that Cameron Elliot begins work today at the agency as an Administrative Law Judge.