News Centre

Testimony Of CFTC Chairman Gary Gensler Before The House Committee On Financial Services

Date 15/02/2011

Good morning Chairman Bachus, Ranking Member Frank and members of the Committee. I thank you for inviting me to today’s hearing on implementing 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 for their hard work and commitment on implementing the legislation.

NYSE Member Firms Report Fourth-Quarter 2010 Results

Date 15/02/2011

New York Stock Exchange member firms that conduct business with the public reported a fourth-quarter 2010 after-tax profit of $4.0 billion and revenues of $41.0 billion, compared with a $4.7 billion after-tax gain on revenues of $41.1 billion in the third-quarter of 2010.

New York Federal Court Freezes Assets Of Brian Kim And His New York Firm, Liquid Capital Management LLC - CFTC Charges Kim And Liquid Capital With $2.1 Million Commodity Pool Solicitation Fraud, Misappropriation, Providing False Statements And Misrepresentations To The National Futures Association

Date 15/02/2011

The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained a federal court order freezing assets held by defendants Brian Kim and Liquid Capital Management, LLC(Liquid Capital), both of New York, N.Y. The order, entered by the Honorable Denise L. Cote of the U.S. District Court for the Southern District of New York, also prohibits the destruction of books and records. The court scheduled a hearing on the CFTC’s motion for a preliminary injunction on March 2, 2011.

Direct Edge Holiday Reminder - Presidents' Day

Date 15/02/2011

Direct Edge will be closed on Monday, February 21, 2011 in observance of Presidents’ Day.  Normal trading will resume Tuesday, February 22, 2011.

ASX Ltd Requests A Trading Halt

Date 15/02/2011

Shares in ASX Ltd, have entered a trading halt, pending a statement on the progress of talks towards a merger with the SGX., The trading halt will last for two days  or until the ASX requests that the trading halt is listed. Click here for full details.

Deutsche Börse AG Releases Preliminary Results For 2010 - Sales Revenue Up By 2 Percent To €2.1 Billion - Costs Significantly Below The Original Cost Guidance For 2010 - EBIT Up By 5 Percent To €1.1 Billion Before ISE Impairment And Costs Of Efficiency Program - Strong Cash Flow From Operating Activities Of €5.07 Per Share - Stable Dividend Of €2.10 Per Share Proposed For 2010

Date 15/02/2011

Deutsche Börse released preliminary figures for 2010 on Tuesday. Sales revenue increased 2 percent year-on-year to €2,106.3 million. After adjustment for the ISE impairment and the costs of efficiency program, total costs fell by 8 percent to €1,147.1 million. The adjusted earnings before interest and taxes (EBIT) grew year-on-year by 5 percent to €1,091.0 million. The Group’s adjusted net income for 2010 was €721.5 million, up 5 percent year-on-year.

TSX Venture Exchange Announces Its 2011 TSX Venture 50

Date 15/02/2011

TSX Venture Exchange today announced its 2011 TSX Venture 50, a ranking of strong performing companies listed on TSX Venture Exchange.

Liquidnet Comments On Deutsche Boerse-NYSE Euronext Announcement: Implications For Institutional Investors

Date 15/02/2011

Liquidnet, the institutional equities marketplace, comments on today’s announcement:

Security Traders Association Appoints James Toes As President And CEO - Assumes Leadership During Industry, Regulatory, And Association Transitions

Date 15/02/2011

The Security Traders Association (STA), the leading advocacy and education organization for professional personnel of the financial industry in the U.S., today announced the appointment of industry veteran James (Jim) Toes as its President and CEO, effective March 1, 2011. The appointment was made after an exhaustive nationwide search. The search was promoted by the previously announced retirement of John Giesea, who has served in the position for the last decade.

Deutsche Boerse AG And NYSE Euronext Agree To Combine To Create The Premier Global Exchange Group

Date 15/02/2011

• Creates a world leader in derivatives and risk management and the premier global venue for capital raising
• Combined group to offer clients global scale, product innovation, operational and capital efficiencies, and an enhanced range of technology and market information solutions
• New group, incorporated in the Netherlands to be dual headquartered in New York and Frankfurt
• Combined group to have key businesses, infrastructure and executives located in Paris, London, Luxembourg and other locations
• Expected cost synergies of EUR 300 million/US$ 400 million and substantial opportunities for incremental revenues
• Ownership: 60% by Deutsche Boerse shareholders, 40% by NYSE Euronext shareholders on a fully diluted basis
• Each share of Deutsche Boerse stock will be exchanged for 1 share of the new company stock and each share of NYSE Euronext stock will be exchanged for 0.4700 shares of the new company stock