News Centre

OpenFin Expands Management Team In London, Cecilia Harvey, Director Of Account Management, Leigha Ruiz, COO Europe

Date 23/05/2016

OpenFin, the financial industry's leading provider of HTML5 runtime technology, today announced an expansion of its global management team with two senior appointments in London. Cecilia Harvey joins OpenFin as Director of Account Management. Leigha Ruiz assumes the role of COO Europe. The new appointments will enable OpenFin to scale as it continues its rapid growth with deployments at 44 sell-side firms and over 250 buy-side firms.

Anadolubank Chooses AxiomSL’s XBRL Solution For Regulatory Reporting In The Netherlands

Date 23/05/2016

AxiomSL, the leading global provider of regulatory reporting and risk management solutions, announced today that Anadolubank Nederland N.V., a Dutch bank which is a subsidiary of Anadolubank Turkey, has decided to use AxiomSL’s XBRL solution to submit a wide range of regulatory reports to De Nederlandsche Bank (DNB). The project follows the DNB’s decision to align with other European central banks by mandating the use of XBRL for European Banking Authority (EBA) regulatory submissions.

FXecosystem Goes Live With Metamako For Lower Latency And Network Control

Date 23/05/2016

Metamako, the leading specialist in deterministic network devices for the world’s financial institutions, announced today that FXecosystem, a leading provider of outsourced connectivity services, has selected Metamako for advanced control and visibility of its network, including the ability to do dynamic patching (remote reconfiguring).

Eminent Economist Alan Krueger Appointed MAS Term Professor At NUS Business School

Date 23/05/2016

The National University of Singapore (NUS) and the Monetary Authority of Singapore (MAS) have jointly appointed Professor Alan Krueger, Bendheim Professor of Economics and Public Affairs at Princeton University, as the MAS Term Professor in Economics and Finance from 23 to 29 May 2016. Professor Krueger will be hosted by the NUS Business School during the term of the Professorship.

NZX Congratulates NZ Hi-Tech Awards 2016 Winners

Date 22/05/2016

NZX wishes to congratulate the winners of the NZ Hi-Tech Awards 2016, announced at an awards dinner in Auckland on Friday night.

The Saudi Stock Exchange Announces The Publication Of The Weekly Stock Market Ownership And Trading Activity Report (By Nationality And Investor Type)

Date 22/05/2016

The total value of shares traded for the week ending 19 May 2016 amounted to SAR 26.31 billion, decreasing by 9.15% over the previous week; while total stock market capitalization reached SAR 1,539.05 billion at the end of this period, decreasing by 0.17% over the previous week.

With The Participation Of 2,362 Students From 26 Educational Institutions: DFM And Nasdaq Dubai Annual Trading Game Reaches Turnover Of AED 5.4 Billion Over 10 Days

Date 22/05/2016

• 16,802 transactions carried out in equities and equity futures, with average profit by top 13 students at 35.6%
• American University of Sharjah wins prize for best overall performance

Dubai International Financial Centre Reinforces Growth Potential Of Emerging Markets At City Week London

Date 22/05/2016

• High level delegation from DIFC including Governor and Chief Executive Officer mark participation in City Week, one of the world’s leading gathering of financiers, policy makers and businesses as DIFC closes in on top 10 global financial centres.
• DIFC representatives share views on global economic trends, asset management, FinTech and emerging economies, reflecting Centre’s global leadership position and distinct proposition in line with 2024 Strategy.
• A number of meetings with potential investors and firms seeking to locate in Dubai offers an opportunity to showcase DIFC’s unique financial ecosystem.

Nasdaq Raises Potential Legal Challenge To IEX Speed Bump

Date 21/05/2016

Nasdaq has raised the threat of a legal challenge to IEX Group’s plan to convert into a stock exchange.  The main argument against IEX is its use of a "speed bump" that is designed to slow incoming orders by 350 microseconds, on its market to prevent high-frequency traders from having what it argues is an advantage over other parties.

New Directions In Corporate Compliance: Keynote Luncheon Speech, Andrew J. Donohue, SEC Chief Of Staff, Rutgers Law School Center For Corporate Law And Governance, Camden, New Jersey, May 20, 2016

Date 20/05/2016

Introduction:

Thank you for that very kind introduction.  Let me start off by providing our standard disclaimer that the views I express today are my own and do not necessarily reflect the views of the Commission, the Commissioners or my colleagues on the Commission staff.

I was quite honored to receive an invitation to speak at this event and I am happy to share with you my thoughts and observations about corporate compliance.