Moscow Exchange launches weekly options
On 26 January 2017, Moscow Exchange will launch trading in weekly options on the RTS Index. The new instrument will complement MOEX`s monthly and quarterly options offering.
The contracts will become available for trading two weeks prior to their expiration. They will expire every Thursday...
KCG Releases December 2016 Trade Volumes
KCG Holdings, Inc. (NYSE: KCG) today released trade volumes for the month of December 2016.In Market Making, KCG averaged $26.7 billion dollar volume traded, 6.4 billion shares traded, and 3.4 million trades per day in U.S. equities.
In Global Execution Services:
KCG Institutional Equities averaged...
IHS Markit Reports Fourth Quarter and Fiscal Year 2016 Results
IHS Markit Ltd. (Nasdaq: INFO), a world leader in critical information, analytics and solutions for the major industries and markets that drive economies worldwide, today reported results for the fourth quarter ended November 30, 2016.
Revenue of $874 million, including organic revenue growth of 1...
DTCC appoints Derek West as chief compliance officer at European trade repository
The Depository Trust & Clearing Corporation (DTCC), the premier post-trade market infrastructure for the global financial services industry, today announced that Derek West, former Senior Director of Derivatives Oversight at the Quebec Autorité des marchés financiers (AMF), has joined the firm as Executive Director...
CFTC Grants Order to LCH.Clearnet Limited Permitting Portfolio Margining of Customer Positions in Futures, Foreign Futures, and Cleared Swaps
The U.S. Commodity Futures Trading Commission (CFTC ) today issued an order to LCH.Clearnet Limited (LCH), a CFTC-registered derivatives clearing organization, under Section 4d(f) of the Commodity Exchange Act. The order was issued in response to a petition filed by LCH.
The order permits LCH...
Admiral Markets: Stay Ahead With Up to the Minute Market News Directly on Your MetaTrader Charts
2017 is already off to an amazing start and Admiral Markets is about to make your new year even more fantastic by boosting the power of MetaTrader 4 Supreme Edition with a handy global news indicator, designed to make your life even easier.
The ability...
Appeals Court Rules Against EBS BrokerTec CTO Viral Tolat in Misappropriation of Trade Secrets Case
Integral Development Corp. announced today that the U.S. Ninth Circuit Court of Appeals ruled against EBS BrokerTec CTO Viral Tolat in the misappropriation of trade secrets case. EBS BrokerTec is a business of NEX Group plc (LSE:NXG).
Viral Tolat, who left Integral to join EBS...
Citadel Securities Paying $22 Million for Misleading Clients About Pricing Trades
The Securities and Exchange Commission today announced that Citadel Securities LLC has agreed to pay $22.6 million to settle charges that its business unit handling retail customer orders from other brokerage firms made misleading statements to them about the way it priced trades.
The SEC’s...
ITG Paying $24 Million for Improper Handling of ADRs
The Securities and Exchange Commission today announced that broker ITG agreed to pay more than $24.4 million to settle charges that it violated federal securities laws when it prompted the issuance of American Depository Receipts (ADRs) without possessing the underlying foreign shares.
ADRs are U.S....
ICE ENDEX RECEIVES CFTC AUTHORISATION AS FOREIGN BOARD OF TRADE
Intercontinental Exchange (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that the CFTC has issued an Order of Registration to ICE Endex giving it approval as an authorised Foreign Board of Trade.
Under the...
