The Commodity Futures Trading Commission (CFTC) today issued an order filing and simultaneously settling charges against AMP Global Clearing LLC (AMP) for its failure to supervise diligently the implementation of critical provisions in AMP’s information systems security program (ISSP) between June 2016 and April 2017.
Intercontinental Exchange (ICE) (NYSE: ICE), the leading global network of exchanges and clearing houses and provider of global data and listing services, today reported financial results for the fourth quarter and full year of 2017. For the quarter ended Dec. 31, 2017, consolidated net income attributable to ICE was $1.2 billion on $1.1 billion of consolidated revenues less transaction-based expenses. This included $764 million of a deferred tax benefit related to U.S. tax reform.
The Dow Jones Industrial Average .DJI fell 665.75 points, below the psychologically important level of 26,000, which it had just broken through for the first time two-and-a-half weeks ago. The Dow's decline of 2.5% was mirrored in other major indices. The S&P 500 fell 2.2%, and the Nasdaq Composite declined 2%.