News Centre

OCC Cleared Contract Volume Up 27 Percent In April

Date 01/05/2018

• Equity options volume up 32 percent in April and average daily volume up 30 percent year-to-date
• ETF options volume up 27 percent in April and average daily volume up 33 percent year-to-date
• Securities lending activity up 25 percent in April and 26 percent year-to-date

New York State Department of Financial Services Fines Goldman Sachs $54.75 Million For Unsafe And Unsound Conduct In Its Foreign Exchange Trading Business - Goldman Traders Improperly Shared Customer Information With Traders From Other Global Banks And Engaged In Questionable Conduct To Improperly Affect Foreign Exchange Prices - Goldman Also Failed To Implement Effective Controls Over Its Foreign Exchange Business - The Bank Will Submit To DFS Plans For Enhanced Internal Controls And Risk Management

Date 01/05/2018

Financial Services Superintendent Maria T. Vullo today announced that Goldman Sachs Group Inc., parent company of Goldman Sachs Bank USA, agreed to pay a $54,750,000 fine as part of a consent order with the New York State Department of Financial Services (DFS) for violating New York banking law, including improperly sharing customer information with other global banks, and other unlawful conduct that disadvantaged customers and potentially affected foreign exchange prices.  The violation announced today stems from an investigation by DFS determining that from 2008 to early 2013, Goldman engaged in unlawful, unsafe and unsound conduct by failing to implement effective controls over its foreign exchange business.  As part of the consent order, Goldman will submit to DFS written plans for enhanced internal controls and compliance risk management. DFS coordinated its enforcement action with the Federal Reserve Board and appreciates the Board’s cooperation.

British Columbia Securities Commission Consulting On Proposed Fee Changes

Date 01/05/2018

The British Columbia Securities Commission (BCSC) today published a request for comment seeking input on proposed fee changes. The BCSC last increased fees in 1994.

SEC Enforcement Division Issues FAQs For Share Class Selection Disclosure Initiative

Date 01/05/2018

The Securities and Exchange Commission’s Division of Enforcement today issued answers to frequently asked questions (FAQs) on the Share Class Selection Disclosure Initiative, providing additional information about adviser eligibility, disgorgement, and the distribution of funds to clients.

London Stock Exchange Group Plc - Total Voting Rights

Date 01/05/2018

The following notification is made in accordance with the FCA's Disclosure Guidance and Transparency Rules.

OneChicago Announces Trading Volume For April 2018

Date 01/05/2018

OneChicago, LLC (ONE), a securities finance exchange, today announced its April 2018 volume of 514,176, a decrease of 66% year-over-year. OneChicago is a CFTC and SEC regulated exchange offering Single Stock Futures (SSF), a Delta One product, on approximately 1,800 equities, including ADRs and ETFs.

ADCB Becomes First Local Bank To Operate In Abu Dhabi Global Market - ADCB Asset Management Joins Prestigious List Of Institutions Based In The International Financial Centre To Offer Regulated Products And Asset Management Services To High-Net-Worth Clients

Date 01/05/2018

Abu Dhabi Commercial Bank (ADCB) today announced it has become the first local bank to establish a presence in the Abu Dhabi Global Market (ADGM), the International Financial Centre (IFC) of Abu Dhabi, by opening its flagship private banking centre within the new asset management subsidiary. 

Federal Reserve Board Fines Goldman Sachs Group, Inc., $54.75 Million For Unsafe And Unsound Practices In Firm's Foreign Exchange (FX) Trading Business

Date 01/05/2018

The Federal Reserve Board on Tuesday announced that it has fined The Goldman Sachs Group, Inc., $54.75 million for the firm's unsafe and unsound practices in its foreign exchange (FX) trading business.

Qatar Stock Exchange Listed Companies Reported QR 10.95 Billion Net Profits For The 1st Quarter Of 2018

Date 01/05/2018

All listed companies at Qatar Stock Exchange (45 companies) have disclosed their financial statements results for the 1st quarter ended March 31, 2018. The combined net profit of all companies as of March 31, 2018 amounted to QR 10.95 Billion versus QR 10.64 Billion for the corresponding period in 2017, with an increase of 2.95%.

2018 Recorded As Best April In MGEX History

Date 01/05/2018

MGEX, a Designated Contract Market (DCM) and Derivatives Clearing Organization (DCO), announces an impressive 272,068 contracts recorded for April of 2018. This number topples over the previous reigning April by 24% while also breaking into the top five overall monthly volume charts coming in at fifth-best in MGEX history.