News Centre

Tel Aviv Stock Exchange Weekly Review: September 6-10, 2015

Date 10/09/2015

• Trading on the Tel-Aviv Stock Exchange (TASE) on the second week of September was marked by a mix trend in the leading share indices;
• The US biomed company"BioTime" whose shares are traded on the NYSE Market, listed its shares for trading on the TASE ;
• Continued offerings in the bond market - the foreign real estate company "MDG" made an initial offering of bonds on the TASE 

National Weather Service Signs Significant Patent Technology Agreement With AccuWeather - AccuWeather Provides Critical, Location-Based Weather Technology To The NWS As A Public Service, To Enable The Most Timely And Localized Forecasts

Date 10/09/2015

AccuWeather, Inc., the global leader in weather information and digital media, today announced that the U.S. National Weather Service (NWS), a division of National Oceanic and Atmospheric Administration (NOAA), has signed a licensing agreement that grants NWS the right to use two of AccuWeather's unique technology patents.  

Federal Reserve System Appoints Payments Security Strategy Leader

Date 10/09/2015

The Federal Reserve System on Thursday announced the appointment of Federal Reserve Bank of Chicago Senior Vice President Todd Aadland as its Payments Security Strategy Leader. In this role, Aadland will lead the System's activities to address fraud risk and advance the safety, security and resiliency of the payment system. His responsibilities will include chairing the Secure Payments Task Force, comprised of more than 170 payments stakeholders.

SEC Announces Fraud Charges In Cross-Border Scheme To Secretly Control And Manipulate Stock Of Chinese Companies After Reverse Mergers

Date 10/09/2015

The Securities and Exchange Commission today announced fraud charges against a Wall Street CEO and his company, family members, and business associates accused of secretly obtaining control and manipulating the stock of Chinese companies they were purportedly guiding through the process of raising capital and becoming publicly-traded in the United States.

Finansinspektionen's Acting Director General Martin Noréus: Amortisation Requirement And Risk Weights – Two Current Issues For Macroprudential Policy

Date 10/09/2015

FI’s acting Director General Martin Noréus held the speech “Amortisation requirement and risk weights – two current issues for macroprudential policy” at UBS annual Nordic Financial Services Conference on 10 September 2015. 

EBA Issues Revised List Of ITS Validation Rules

Date 10/09/2015

The European Banking Authority (EBA) issued today a revised list of validation rules in its Implementing Technical Standards (ITS) on supervisory reporting, highlighting those which have been deactivated either for incorrectness or for triggering IT problems. Competent Authorities throughout the EU are informed that data submitted in accordance with these ITS should not be formally validated against the set of deactivated rules.

SEC: Robert Cohen And Joseph Sansone Named Market Abuse Unit Co-Chiefs

Date 10/09/2015

The Securities and Exchange Commission today announced that Robert Cohen and Joseph Sansone have been named co-chiefs of the Division of Enforcement’s Market Abuse Unit, a national specialized unit that focuses on complex insider trading rings and other abusive trading schemes and misconduct.  The two have served as the unit’s acting co-chiefs since the departure last month of Daniel Hawke, its inaugural chief.

Remarks By Deputy US Treasury Secretary Sarah Bloom Raskin At The Center For Strategic And International Studies Strategic Technologies Program

Date 10/09/2015

I. Introduction

Trading Of Shares On Bucharest Stock Exchange Will Be Executed According To A New Tick Size Rules As Of September 21

Date 10/09/2015

Bucharest Stock Exchange (BVB) introduces as of September 21, 2015, new tick size rules for all shares, rights and fund units traded on BVB. The changes regarding the new tick size envisage raising the trading price ranges compared to the current ones. This change settles the ground for a better concentration of orders by price levels, improved process of price discovery and a more efficient dynamics of the order book.

World Economic Forum: Currency Devaluation And Reform Reflect China’s Push For Renminbi Internationalization

Date 10/09/2015

• The August devaluation of the renminbi and the change in the way its exchange rate against the dollar is determined should be viewed in the context of China’s push to internationalize its currency
• The International Monetary Fund (IMF) could decide in November to include the RMB among the currencies used to set the value of its Special Drawing Rights (SDR)
• More information about the Annual Meeting of the New Champions: http://wef.ch/amnc15