News Centre

Instinet Adds Truth On Call to Independent Research Platform

Date 12/11/2012

Instinet Incorporated, an independent, global agency-only broker that will soon serve as the equity trading arm of the Nomura Group, today announced it has added Truth On Call, Inc. to the Instinet Access™ platform.

Chicago’s Spot Trading Named One Of “Best And Brightest Companies To Work For” In U.S. - Second National Honor Follows Two Consecutive Years On Chicago List

Date 12/11/2012

Spot Trading LLC, a leading Chicago-based proprietary equity options trading firm, announced that the National Association for Business Resources (NABR) has again named the firm to its prestigious list of National Best and Brightest Companies to Work For.  The honor, bestowed this year upon only 114 firms nationwide, follows the July announcement that Spot was named one of “Chicago’s 101 Best and Brightest Companies to Work ForTM” by NABR for the second consecutive year.

Financial Results At The End Of A Difficult Quarter Allow WSE To Focus On Strategic Initiatives

Date 12/11/2012

• Net profit: PLN 25.9 million, down by 32.0% year on year
• Operating profit: PLN 31.3 million, down by 8.4%
• EBITDA: PLN 37.4 million, down by 10.3%
• Revenue from the financial market: PLN 49.9 million, down by 27.7%
• Revenue from the commodity market: PLN 14.8 million v. PLN 0.4 million a year ago
• Sales revenue: PLN 65.7 million, down by 6.8%
• EBITDA margin: 57.0%, down by 2.3 percentage points
• ROE: 21.4%, down by 4.0 percentage points
• EPS: PLN 0.61

Hong Kong's Securities And Futures Commission Seeks Court Orders Against Former And Current Directors Of First China Financial Network Holdings Ltd

Date 12/11/2012

The Securities and Futures Commission (SFC) has commenced civil proceedings under section 214 of the Securities and Futures Ordinance in the Court of First Instance against three current and former directors of First China Financial Network Holdings Ltd (First China).

Chinese High-Level Delegation Visits Qatar Exchange

Date 12/11/2012

A Chinese delegation headed by Mr. Jiang Yang, Vice Chairman of the China Securities Regulatory Commission (CSRC) and Mr. Yang Maijun, Chairman of the Board of the Shanghai Futures Exchange, today visited Qatar Exchange and met Mr. Rashid Bin Ali Al-Mansoori, CEO of Qatar Exchange, and several department directors of Qatar Exchange.

Press Conference By Ikko Nakatsuka, Japan's Minister For Financial Services

Date 12/11/2012

[Questions & Answers]

Q.

Last Friday, the Securities and Exchange Surveillance Commission (SESC) recommended the imposition of an administrative monetary penalty against Japan Advisory. I think that this is similar to the series of cases of insider trading related to public offerings. What do you think of the fact that a similar case has occurred again?

A.

First, it is quite regrettable that information related to a public offering leaked from Nomura Securities and that insider trading was conducted.

ESMA Announces Enforcement Priorities For 2012 Financial Statements

Date 12/11/2012

The European Securities and Markets Authority (ESMA) has published today a set of priority issues to be used by EU national competent authorities in their assessment of listed companies’ 2012 financial statements.

Xetra/FWB: IPO By Chinese Company Firstextile AG In The Prime Standard

Date 12/11/2012

Firstextile AG (ISIN: DE000A1PG8V8) joined the Prime Standard of the Frankfurt Stock Exchange on 12 November. A total of 1.8 million shares were placed in the IPO. The issue price was €10.00 and the initial listing price €10,00. The issue volume was €18 million.

UK's Financial Services Authority Publicly Censures London Credit Union

Date 12/11/2012

The Financial Services Authority (FSA) has publicly censured The Pentecostal Credit Union Limited (TPCU) for issuing loans worth £1.2 million under its members’ names but channelling the money to a Church Organisation.

Xetra/FWB: New Study On Private Equity And Venture Capital Investments In China - Analysis Of PE/VC Investor Valuation Criteria With A View To Changed Market Conditions

Date 12/11/2012

A new study by Deutsche Börse and CMS Hasche Sigle analyses the valuation approaches applied to private sector investments in Chinese companies. This is already the second joint study on private equity in China. It is to be presented at the German Equity Forum in Frankfurt on Monday.