OES Offers Risk/Compliance Tool for Sponsored Access to Chi-X Europe

jlucas — Mon, 19 Oct 2009 07:59:32 -0400

LONDON, October 14, 2009 – OES MarketGroup® (OES) said today that it is now offering Risk Sentry®, its new risk management and compliance tool, to firms providing sponsored direct market access (DMA), allowing trading firms to connect directly from their infrastructure into Chi-X Europe®.

CBSX Utilizing OES MarketGroup for Outbound Routing

jlucas — Wed, 22 Jul 2009 09:50:13 -0400

NEW YORK and CHICAGO, July 22, 2009 -- OES MarketGroup today announced that CBOE Stock Exchange (CBSX) has begun using OES as an outbound order flow router to other venues to meet CBSX’s Regulation NMS obligations.

Liquidnet Signs OES MarketGroup as Streaming Liquidity Partner

jlucas — Mon, 13 Apr 2009 11:38:56 -0400

New York, April 13, 2009 – Liquidnet, the global institutional marketplace, today announced that OES MarketGroup has become a Liquidnet Streaming Liquidity Partner (SLP). SLPs contribute to the Liquidnet H2O® liquidity pool, which averaged 10.2 billion shares per day as of March 2009. SLPs also helped Liquidnet’s Supernatural® orders product, which accesses Liquidnet’s H2O and natural liquidity pools, as well as external markets, achieve a 49% percent crossing rate in March 20091.

OES to Provide NYSE Euronext Members a CMS to CCG Conversion Solution

clehmann — Thu, 05 Feb 2009 12:11:54 -0500

NEW YORK, N.Y, and PRINCETON, N.J., Feb. 5, 2009 – OES MarketGroup announced today that it is now providing a single point of contact to and a conversion solution for NYSE and NYSE Alternext U.S. Equity CMS order entry to a new order entry system, the Common Customer Gateway (CCG).

OES MarketGroup Notice of New Corporate HQ and Contact Information for Customers and Vendors

clehmann — Mon, 10 Nov 2008 14:50:33 -0500

Effective immediately, OES MarketGroup has moved its corporate headquarters to Newark, NJ. Going forward, all correspondence, invoices, and payments should be sent to our new address:

OES MarketGroup Shatters U.S. Volume Record -- Brokerage Handles One Billion Total Shares Daily Volume

clehmann — Thu, 02 Oct 2008 11:25:10 -0400

PRINCETON, N.J., and LONDON, October 2, 2008 – OES MarketGroup, the leading independent provider of routing and linkage services to the securities industry, said today that it handled more than 1 billion total shares on September 18th, and 1 million orders, setting a one-day firm record.

OES MarketGroup Notice: SEC Emergency Order Prohibiting Short Selling in Securities of Financial Firms

clehmann — Fri, 19 Sep 2008 08:47:04 -0400

Effective immediately, the SEC issued an Emergency Order (Exchange Act Release No. 58592), prohibiting all persons from short selling any publicly traded securities of an Included Financial Firm, as detailed at Appendix A of the SEC Order linked below. The SEC exempted the following entities from the prohibition in the Order: “registered market makers, block positioners, or other market makers obligated to quote in the over-the-counter market, in each case that are selling short a publicly traded security of an Included Financial Firm as part of bona fide market making in such security.”

In addition, the SEC provided an “exception to allow short sales that occur as a result of automatic exercise or assignment of an equity option held prior to effectiveness of this Order due to expiration of the option.” Moreover, “to facilitate the expiration of options on September 20th, options market makers are excepted from the requirements of this Order until 11:59 p.m. on September 19th when short selling as part of bona fide market making and hedging activities related directly to bona fide market making in derivatives on the publicly traded securities of an Included Financial Firm.”

The SEC’s Order will remain effective until 11:59 p.m. EDT on October 2, 2008, unless further extended by the SEC.

OES MarketGroup (OES) customers are responsible for compliance with the SEC’s Emergency Order. As such, OES MarketGroup customers must ensure that they do not submit any short sales to OES broker/dealers in the securities of an Included Financial Firm as detailed at Appendix A of the Order linked below unless such orders are fully compliant with the above-enumerated exemptions and exceptions to the prohibitions of the Order.

For a link to the emergency order, CLICK HERE.