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Tag Archives: KCBT

John Lothian Newsletter: CME to Close Kansas City Board of Trade Pits in June; SGX in talks on taking LCH.Clearnet stake; S&P To Face Charges From States, U.S. John Lothian Newsletter,Newsletter

With KCBT acquired, CME Group announces a plan to shut the regional grain trading floor in June. Singapore Exchange is aiming to buy a piece of clearing house LCH.Clearnet. Standard & Poor’s faces charges from various US entities, who feel that the company acted wrongly by issuing happy and positive ratings for a number of bond products that turned out in 2008 to be in serious trouble. In First Read today, take a look at the latest installment of JLN’s Restoring Customer Confidence series, in which Neal Wolkoff, Of Counsel at the law firm of Richardson & Patel and longtime…

JLN Options: MIAX Receives Approval Order from the United States Securities and Exchange Commission to Become Newest Equity Options Exchange; Trading to Commence on December 7, 2012 Newsletter,Options

Lead Stories MIAX Receives Approval Order from the United States Securities and Exchange Commission to Become Newest Equity Options Exchange; Trading to Commence on December 7, 2012Press ReleaseMIAX Options Exchange (“MIAX”) announced today that on December 3, 2012, it received an Approval Order from the United States Securities and Exchange Commission (“SEC”) of its Application for Registration as a National Securities Exchange, and thus MIAX will act as its own self-regulatory organization. [Release No. 34-68341; File No.10-207.]  Trading on MIAX, a fully electronic options trading exchange, is scheduled to commence on December 7, 2012.http://jlne.ws/SKjbtw PowerShares Readies ‘Downside Hedged’ ETFTom Lydon,…

JLN Special Report: January 2012 Volumes Down Environmental/Energy,Financials,Managed Futures,Metals,Options,Regulation,Special Report,Tech / HFT

Jim Kharouf

On Your CalendarA little over a month ago, I asked an exchange executive about falling volumes in the options space, to which he said. “January is going to tell us a lot.” January’s message to the options industry wasn’t kind. Most exchanges are reporting lower volumes for the month. Some may call it an off month, but given a host of events that have hit the financial markets – futures, options, stocks and currencies – January may be a harbinger for a rough 2012. CNBC’s Bob Pisani wrote a good story about equity market volume drops and its causes. He pointed out…

Futures industry self-regulatory organizations form joint committee to address customer segregation issues Blog,Regulation

The NFA released the following statement on January 18: Futures industry self-regulatory organizations form joint committee to address customer segregation issues CME Group and National Futures Association (NFA) today announced, in conjunction with the InterContinental Exchange (ICE), the Kansas City Board of Trade (KCBOT) and the Minneapolis Grain Exchange (MGEX), the formation of a joint committee to review how self-regulatory organizations can strengthen current safeguards for customer segregated funds held at the firm level in light of the MF Global bankruptcy.

KCBT Member Letter Regarding MF Global Matter Blog,Regulation

On November 16, 2011, the Kansas City Board of Trade released the following member letter: The Kansas City Board of Trade (“KCBT”) wishes to clarify any confusion or questions resulting from the MF Global, Inc. bankruptcy that was filed on October 31, 2011. KCBT understands that this has been a difficult period for many of our […]