News Centre

Thomson Reuters And OTC Markets Group Agree To Add End-Of-Day Pricing Data Distribution For OTCQX, OTCQB And Pink Securities Via The DataScope Platform And Product Suite

Date 14/06/2016

Thomson Reuters has expanded its distribution arrangement with OTC Markets Group to include OTC Markets Group’s End-of-Day Pricing Data for OTCQX®, OTCQB® and Pink® securities.  In addition to the Real-Time Level 1 and Level 2 Data that OTC Markets Group already makes available through the Thomson Reuters Elektron and Eikon suite of products, Thomson Reuters clients now can receive reliable and comprehensive closing bid, offer and trade data for 10,000 OTCQX, OTCQB and Pink securities via its DataScope product suite. 

Saudi Arabia's Capital Market Authority: An Announcement Of The Issuance Of The Board Of The CMA Resolution Number (25-65-2016) And Dated 22/8/1437H To Adopt The Updated Frequently Asked Questions Document In Relation To The Rules For Qualified Foreign Financial Institutions Investment In Listed Shares

Date 14/06/2016

As part of CMA's continuous efforts to ensure clarity of the implementing regulations of the Capital Market Law to help market participants to recognize their duties, responsibilities and rights, which will enhance the level of compliance with the Capital Market Law and its implementing regulations. 

CBOE To Develop Series Of Social Media-Based Strategy Benchmark Indexes - Enters Into Exclusive Licensing Agreement With Social Market Analytics - Indexes To Be Based On Data That Tracks Stock-Related Sentiment On Social Media

Date 14/06/2016

Chicago Board Options Exchange® (CBOE®) announced today that it has entered into an exclusive licensing agreement with Social Market Analytics (SMA) to develop a series of sentiment-based strategy benchmark indexes based on SMA’s social media metrics.

The CISI Signs Education Agreement With Panama Securities Regulator

Date 14/06/2016

The Panama Securities Regulator (The Superintendencia del Mercado de Valores or SMV) and the Chartered Institute for Securities & Investment (CISI), have signed an education cooperation agreement.

INTL FCStone Ltd.'s Global Payments Division Issues Operational Update; Growth Continues Through First Quarter Calendar Year 2016

Date 14/06/2016

• Facilitated ~101,000 payments in CY Q1 2016; an increase of ~14% vs. CY Q1 2015
• Signed 500th institutional client in CY Q2 2016
• Transferred more than $22 billion in payments in CY 2015; on track to increase in 2016

Broadridge Broadens Its Securities Financing And Collateral Management Solutions Through Acquisition Of 4sight Financial Software Limited - Transaction Accelerates Broadridge’s Front-To-Back Office Securities Financing Footprint Globally

Date 14/06/2016

Broadridge Financial Solutions, Inc. (NYSE:BR) today announced that it has expanded its global securities financing and collateral management capabilities through the acquisition of 4sight Financial Software Limited, a leading provider of securities finance and collateral management systems to financial institutions worldwide. 4sight will be integrated as part of Broadridge Securities Financing and Collateral Management solutions, helping clients optimize financing decisions across different asset categories, automate the securities financing lifecycle and control risk. 

Testimony On “Oversight Of The U.S. Securities And Exchange Commission”, SEC Chair Mary Jo White Before The Committee On Banking, Housing, And Urban Affairs, United States Senate, June 14, 2016

Date 14/06/2016

Thank you for inviting me to testify today regarding the current work and initiatives of the U.S. Securities and Exchange Commission (SEC or Commission). The SEC is a critical agency that serves as the bulwark safeguarding millions of investors and the most vibrant markets in the world.  Thanks to the exceptional work and commitment of our superb staff, the Commission has in recent years strengthened its operations and programs across the agency –aggressively enforcing the securities laws to punish wrongdoers, adopting strong measures that protect investors and our markets, and investing in the people and technology required to ensure that our markets remain the strongest and safest in the world.  These and other efforts across our extensive areas of responsibility are all in furtherance of our essential mission: to protect investors; to maintain fair, orderly, and efficient markets; and to facilitate capital formation.

Quantitative Brokers Algorithm Saves CTA $9.5M In Transaction Costs Over 3-Year Period - According To Comparative Analysis, QB Algo Handily Beat Three Bulge Bracket Bank Algos

Date 14/06/2016

Quantitative Brokers (“QB”), a leading provider of agency algorithms for futures and fixed income markets, has released the findings from a 34-month comparative analysis study by a CTA client. The report showed that QB’s arrival price algorithm, Bolt, consistently outperformed the algorithms offered by three bulge bracket banks.

All Speedbumps Are Not Created Fair Or Equal, Warns TABB Group - New Research Discusses Whether Speedbump Markets Are A Viable Market Model Or A Passing Trend

Date 14/06/2016

Speedbumps are implemented to benefit liquidity providers by slowing down marketable orders to reduce the adverse selection risk of posting liquidity, as well as to dissuade fast traders who want to quickly post and cancel orders. To fully understand speedbumps, which have provoked tremendous debate, TABB Group believes you have to first understand speed, which is used primarily for capturing opportunity and managing risk.

TMX Equity Transfer Services Changes Name To TSX Trust

Date 14/06/2016

TMX Equity Transfer Services today announced it has changed its name to TSX Trust. TSX Trust provides transfer agency and corporate trust services to public and private companies and investors as well as the advisory community in Canada and around the world.