Futures Industry Association

Insight: MF Global puts harsh light on self-regulation

WASHINGTON (Reuters) - Two weeks after MF Global's collapse, officials from the Commodity Futures Trading Commission briefed Senate staff on the brokerage firm's final days. When asked about reports that the brokerage firm had written checks that bounced when customers tried to cash them, the regulators had an admission that surprised the room: they didn't know about the bad checks.
 

Insight: MF Global puts harsh light on self-regulation

WASHINGTON (Reuters) - Two weeks after MF Global's collapse, officials from the Commodity Futures Trading Commission briefed Senate staff on the brokerage firm's final days. When asked about reports that the brokerage firm had written checks that bounced when customers tried to cash them, the regulators had an admission that surprised the room: they didn't know about the bad checks.
 

High-frequency firm fined for trading malfunctions

(Reuters) - Exchange operator CME Group Inc <CME.O> fined Infinium Capital Management, a U.S. high-frequency trading firm, a total of $850,000 for three separate computer malfunctions that rattled futures markets in 2009 and 2010.
 

High-frequency firm fined for trading malfunctions

(Reuters) - Exchange operator CME Group Inc <CME.O> fined Infinium Capital Management, a U.S. high-frequency trading firm, a total of $850,000 for three separate computer malfunctions that rattled futures markets in 2009 and 2010.
 

Insight: Farm belt rage over MF Global could chill markets

CHICAGO/WASHINGTON (Reuters) - When the CME Group pledged $300 million of its own money to help former MF Global customers get their cash back faster, the exchange was likely thinking of customers like Kansas cattle rancher Tim Rietzke.
 

Insight: Farm belt rage over MF Global could chill markets

CHICAGO/WASHINGTON (Reuters) - When the CME Group pledged $300 million of its own money to help former MF Global customers get their cash back faster, the exchange was likely thinking of customers like Kansas cattle rancher Tim Rietzke.
 

Insight: MF Global bust erodes trust in brokerages

NEW YORK (Reuters) - Almost two weeks after the bankruptcy of commodities firm MF Global, customers at rival firms are all asking the same question: How safe is my money?
 

Insight: MF Global bust erodes trust in brokerages

NEW YORK (Reuters) - Almost two weeks after the bankruptcy of commodities firm MF Global, customers at rival firms are all asking the same question: How safe is my money?
 

Exclusive: CFTC has votes to pass position limits

CHICAGO (Reuters) - The head of the U.S. futures regulator has the support he needs to pass a long-awaited rule that would curb excessive speculation in commodity markets, a source with knowledge of the agency's rule-making told Reuters on Tuesday.
 

Thousands in Chicago protest financial industry

CHICAGO (Reuters) - Thousands of people including teachers, religious leaders and union workers marched in downtown Chicago on Monday to voice mounting anger over joblessness and income inequality in protests that snarled rush-hour traffic.
 

Thousands in Chicago protest financial industry

CHICAGO (Reuters) - Thousands of people including teachers, religious leaders and union workers marched in downtown Chicago on Monday to voice mounting anger over joblessness and income inequality in protests that snarled rush-hour traffic.
 

Chicago protests slam bankers to beat of brass band

CHICAGO (Reuters) - With a brass band to amplify their demands, Chicago protesters marched and lambasted financiers on Monday who they said saved corporations while leaving ordinary Americans jobless and disillusioned.
 

Chicago protesters seek exchange tax to fund jobs

CHICAGO (Reuters) - Stand Up Chicago, a coalition planning a protest against economic inequality on Monday, wants to levy a $1.4 billion tax on trading at the city's biggest financial exchanges to fund a jobs program.
 

U.S. oil speculative data released by Senator, sparking ire

WASHINGTON (Reuters) - Oil trading data that exposed the extensive positions speculators held in the run-up to record high prices in 2008 were intentionally leaked by a U.S. senator, sparking broader concern about industry confidentiality as Congress moves on Wall Street reform.
 

CBOE's C2 could "rocket" to 5 percent share: BATS executive

BOCA RATON, Florida (Reuters) - CBOE Holdings Inc's <CBOE.O> second exchange, C2, could quickly boost its market share once it lists the exclusive Standard and Poor's 500 Index option, the head of a rival exchange said on Thursday.
 

Exchanges defend speculation amid oil price surge

BOCA RATON, Fla (Reuters) - Two top energy market operators redoubled their defense of speculators on Wednesday amid renewed concerns in the oil market, arguing that speculators are misunderstood and often too quickly blamed for price spikes.
 

ICE "loves" algo traders that trade 10 percent of softs

BOCA RATON, Florida (Reuters) - The head of the main soft commodity exchange said on Wednesday he "loved" high-frequency traders, lauding their liquidity despite complaints from other traders that they're wrecking the market.
 

ICE says Algo traders get bad rap in softs markets

BOCA RATON, Florida (Reuters) - High-frequency traders have become a convenient scapegoat as markets for sugar, coffee, cocoa and cotton react to tight supplies and surging demand, the president of ICE Futures US <ICE.N> said on Wednesday.
 

Exchanges defend speculation amid oil price surge

BOCA RATON, Fla (Reuters) - Two top energy market operators sounded a familiar warning over renewed concerns in the oil market, arguing on Wednesday that speculators are misunderstood and often too quickly blamed for price spikes.
 

ICE: Mergers an unintended consequence of reforms

BOCA RATON, Fla (Reuters) - Mergers sweeping financial exchanges are in part an unintended consequence of global financial regulatory reforms, the head of IntercontinentalExchange Inc <ICE.N> said on Wednesday .