News Centre

Itiviti Recognized At Intelligent Trading Technology Awards - Itiviti’s UL Smart Repeats Success

Date 13/06/2018

Itiviti, the leading global provider of multi-asset trading technology and financial infrastructure, today announced that its UL Smart solution was named Best Smart Order Routing System at the Intelligent Trading Technology (ITT) Awards 2018. UL Smart thus repeated its success, winning the same industry award in the Smart Order Routing (SOR) category for 2017 as wel

Kalray Lists On Euronext Growth - €43.5 Million Raised - Market Capitalisation Of €95.4 Million

Date 13/06/2018

Euronext today(12 June) announced the listing of microprocessor specialist Kalray, France’s largest IPO since 2012 on its Euronext Growth market. 

Circular Of Shanghai International Energy Exchange On Trading Adjustments Of Crude Oil Futures Contracts For Dragon Boat Festival 2018

Date 13/06/2018

Shanghai International Energy Exchange (hereinafter referred to as “INE”), the subsidiary of Shanghai Futures Exchange has released its circular on the trading adjustments of crude oil futures contracts on June 12, 2018 as follows:

1.     The market will be closed from 3:00 p.m. of June 15, 2018 to June 18, 2018.

Remarks Of CFTC Chairman J. Christopher Giancarlo Before The Women In Derivatives Forum, Washington D.C.

Date 12/06/2018

Good afternoon, everyone.  It is a pleasure to speak to Women in Derivatives.

Thank you to Petal Walker, my former CFTC colleague, for hosting this event.  Petal is one of the most well informed lawyers in America on the impact of blockchain technology on derivatives markets.

MIAX Options: Introducing Stock-Tied Complex Order Functionality Beginning August 6, 2018

Date 12/06/2018

As previously announced in the April 17, 2018 Alert, the MIAX Options Exchange is planning to introduce Stock-Tied complex order functionality beginning August 6, 2018, pending SEC Approval.  Support for Stock-Tied is currently available in the MIAX Firm Test Bed (FTB2) environment.

Ontario Securities Commission Seeks Applications For Seniors Expert Advisory Committee

Date 12/06/2018

The Ontario Securities Commission (OSC) is seeking members for its Seniors Expert Advisory Committee (SEAC). Interested parties should submit their application, indicating their relevant experience by July 31, 2018. The current SEAC’s term will be expiring, and staff thanks the outgoing members for their valuable contributions towards the development of the OSC’s Seniors Strategy. 

SIFMA To Terminate Auction Rate Securities Indices

Date 12/06/2018

The Securities Industry and Financial Markets Association (SIFMA) today announced that it will wind down the publication of its suite of SIFMA Auction Rate Securities Indices. To do so in an orderly fashion with proper notice to the market, each time the number of issues included in an index decreases to ten, SIFMA will post a notice on its website announcing that index will cease to be published in four weeks. The first index to be terminated is the SIFMA Auction Rate Preferred One Month Index, which will be published for the last time on April 8, 2009.

CFTC Charges Florida-Based Mark Olsen Mining Company And Betty Lea Grimes With Engaging In Illegal, Off-Exchange Precious Metals Transactions

Date 12/06/2018

The Commodity Futures Trading Commission (CFTC) today filed a civil enforcement action charging Florida-based Defendants Mark Olsen Mining Company (MOMC) and Betty Lea Grimes with engaging in illegal, off-exchange transactions in precious metals with retail customers on both a fully paid as well as a leveraged, margined, or financed basis.  Grimes is MOMC’s president, controlling person, and managing member.  Grimes has used the following names, and/or combinations of these names, in various legal documents: Betty Grimes, Lea Grimes, Lea Lauren, Betty Nehme, and Lea Nehme.  Neither MOMC nor Grimes has ever been registered with the CFTC.

Alberta Securities Commission Announces Appointment Of New General Counsel

Date 12/06/2018

The Alberta Securities Commission (ASC) is pleased to announce the appointment of Samir Sabharwal as General Counsel, effective immediately. Mr. Sabharwal has been serving as Acting General Counsel since the May 2018 appointment of Kari Horn to the role of Vice-Chair.

Joint Stakeholder Groups Letter To European Parliament On European Supervisory Agencies Review

Date 12/06/2018

Dear Ms Berès, dear Mr Balz,

The four stakeholder groups (SGs) of the European Supervisory Agencies (ESAs) have each submitted or intend to submit their own response to the Commission’s legislative proposal following the review of the operation of the ESAs.