News Centre

Federal Court In New York Orders Jon S. Corzine To Pay $5 Million Penalty For His Role In MF Global’s Unlawful Use Of Nearly $1 Billion Of Customer Funds And Prohibits Corzine From Registering With The CFTC In Any Capacity Or Associating With An FCM - The Court’s Order Also Imposes A $500,000 Penalty And Registration And Employment Restrictions Against Edith O’Brien, MF Global’s Former Assistant Treasurer, For Aiding And Abetting MF Global’s Unlawful Use Of Customer Funds

Date 05/01/2017

The U.S. Commodity Futures Trading Commission (CFTC) has obtained a federal court Consent Order against Defendant Jon S. Corzine (Corzine Order), former CEO of MF Global Inc. (MF Global), requiring him to pay a $5 million civil monetary penalty for his role in MF Global’s unlawful use of customer funds totaling nearly one billion dollars and for his failure to diligently supervise the handling of customer funds.  Per the Corzine Order, Corzine cannot seek or accept, directly or indirectly, reimbursement or indemnification from any insurance policy with regard to the penalty amount.  The Corzine Order also requires Corzine to undertake that he will never act as a principal, agent, officer, director, or employee of a Futures Commission Merchant (FCM) and that he will never register with the CFTC in any capacity.  As to Defendant Edith O’Brien, the former Assistant Treasurer of MF Global, the Court entered an Order (O’Brien Order) requiring her to pay a $500,000 civil monetary penalty for aiding and abetting MF Global’s violations and prevents her from associating with an FCM or registering with the CFTC in any capacity for a period of eighteen (18) months.

ESMA Publishes Extract On Enforcement Decisions On Financial Statements

Date 05/01/2017

The European Securities and Markets Authority (ESMA) has published an extract from its confidential database of enforcement decisions on financial statements. The extract includes a selection of 14 decisions that were taken by national enforcers in the period from March 2014 to June 2016.

SIX Swiss Exchange: A Closer Look At Convertible Bonds - A Guest Contribution By UniCredit Examines How Convertible Bonds Can Be An Attractive Asset Class For Long-Term Oriented Investors

Date 05/01/2017

Dr. Philip Gisdakis, who works at UniCredit's Corporate & Investment Banking unit and heads the Cross Asset Strategy and Credit Strategy & Structured Credit Research teams, looks at the asset class of convertible bonds. In his guest contribution[PDF], he describes their return profile that enables investors to participate with equity like returns in an upturn, while in a downturn it behaves more like bonds and offers a higher level of protection than outright exposures to equities.

Tadawul Announces The New Industry Classification To Commence On January 8, 2017

Date 05/01/2017

In reference to the announcement published by the Saudi Stock Exchange “Tadawul” dated December 1, 2016 regarding reclassifying the Equity market sectors in accordance with  Global Industry Classification Standard (GICS), Tadawul announces that the new industry classification shall be effective starting from Sunday January 8, 2017. This step is in line with Tadawul’s strategy to support the development of the Saudi capital market, and aims to enhance transparency and provide more reliable information on sector performance. 

ISDA Launches Japanese Module For ISDA Resolution Stay Jurisdictional Modular Protocol

Date 05/01/2017

The International Swaps and Derivatives Association, Inc. (ISDA) today announced the launch of a Japanese jurisdictional module to the ISDA Resolution Stay Jurisdictional Modular Protocol (JMP). The new module will allow market participants to comply with Japanese regulations that require contractual stays to be included into certain financial contracts not governed by Japanese law.

BioTime's Management Opened Today The Trading Day At The Tel Aviv Stock Exchange Following The Launch Of A New Production Center In Israel

Date 05/01/2017

Members of   BioTime's management, Adi Mohanty, Co-CEO and David Schlachet, director of the company, were invited to participate in the opening bell ceremony at TASE.

EEX New Participant: Oak Capital LLP

Date 05/01/2017

Oak Capital LLP has been admitted to exchange trading for Belgian Financial Power Futures, Dutch Financial Power Futures, French Financial Power Futures/Options, German Intraday Cap Futures, Greek Financial Power Futures, Italian Financial Power Futures/Options, Nordic Financial Power Futures/Options, Phelix Futures/Options, Romanian Financial Power Futures, Spanish Financial Power Futures/Options, Swiss Financial Power Futures and UK Financial Power Futures.

An Announcement By The Saudi Arabia Capital Market Authority Regarding The Decision Issued By The Committee For The Resolution Of Securities Disputes (CRSD) To Convict Violators Of The Capital Market Law And Its Implementing Regulations

Date 05/01/2017

In Regard to CMA’s announcement that published on its website dated 25/07/1436H corresponding to 13/05/2015 regarding to issuance of the CMA Board Resolution to referral of a number of suspects in violating  article fifty of the Capital Market Law ("CML"), and Articles five and six of the Market Conduct Regulations relating to insider trading on Etihad Etisalat Co. (Mobily) shares during the period from 24/04/2014 until 27/04/2014, and from 22/07/2014 until 11/09/2014 to the Bureau of Investigation and Public Prosecution as it falls under their jurisdiction.

Irish Stock Exchange Statistics December 2016

Date 05/01/2017

December 2016 overall market statistics report

December 2016 investment funds statistics

Intercontinental Exchange Reports Record Daily Volume In 2016 - ICE ADV +8% Y/Y - 20th Consecutive Year Of Record Volume In ICE Brent Crude, ADV +15% Y/Y In 2016 - ICE 4Q16 ADV +10% Y/Y, Driven by Commodities +11% y/y, Rates +9% Y/Y & Equity Index +7% Y/Y

Date 05/01/2017

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today reported December and fourth quarter 2016 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at http://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.