News Centre

Dubai International Financial Centre (DIFC) Heads To Mumbai To Further Strengthen Longstanding India-UAE Economic Ties

Date 19/08/2015

• Four-day tour of India's commercial capital follows historic UAE visit by Prime Minister Narendra Modi
• Senior DIFC delegation to meet business decision makers including representatives of Indian banks, law firms, wealth and asset managers
• DIFC 10-year growth strategy complements Indian government's own foreign and economic development priorities

Delta Capita Hires Tech Supremo – Kevin Covington To Join Board As Non-Executive Director

Date 19/08/2015

Delta Capita, an international consultancy specialising in delivering business and technology solutions to financial services organisations, has announced the appointment of Kevin Covington to its Board. Kevin will be joining as a Non-Executive Director.

JSE Receives Merit Recognition In EY’s Excellence In Integrated Reporting Awards

Date 19/08/2015

The Johannesburg Stock Exchange (JSE) is pleased to announce that it has been recognised as a recipient of a merit award in the Ernst & Young Excellence in Integrated Reporting Awards 2015.

Dalian Commodity Exchange Cooperates With Futures And Insurance Companies To Introduce Agricultural Product Price Insurance

Date 19/08/2015

On August 14, People’s Insurance Company of China (PICC) and Dalian Commodity Exchange (DCE) held the signing ceremony for the strategic cooperation of “‘Insurance + Futures’ – Water of Financial Innovation Irrigating Tree of ‘San Nong (Agriculture, Rural Areas and Farmers)’ Development” in Dalian. At the ceremony, PICC and DCE signed a strategic cooperation agreement. PICC’ s Dalian Branch signed egg price insurance and corn price insurance contracts with Beijing Vica Group, Guiyong Corn Planting Specialized Cooperative, and Huamao Grain Planting Specialized Cooperative. PICC has also signed a business cooperation agreement with Xinhu Futures Co., Ltd., generating the first agricultural product price insurance policy with the use of futures in China.

Tehran Stock Exchange Bulletin July 2015

Date 19/08/2015

Click here to download Tehran Stock Exchange's monthly bulletin for July 2015.

GMEX Group Subsidiary GDI Announces Index Oversight Committee - Independent Committee Is Part Of Ongoing Commitment To Fair And Orderly Markets

Date 19/08/2015

The Board of Global Derivatives Indices Limited (GDI), the index and product development arm of GMEX Group, has established an Index Oversight Committee in order to oversee the compilation methodology and production of indices published by GDI. The Committee has complete autonomy independent of the day to day activities of GMEX Group.

AFMA Announces Move To T+2 For Australian Fixed Income

Date 19/08/2015

The Australian Financial Markets Association (AFMA) has announced that Australia will move to T+2 settlement for fixed income products on March 7th, 2016.

UBS Announces Successful Completion Of SESTA Procedure And Expected Date Of Payment Of Supplementary Dividend

Date 19/08/2015

Following the successful completion of the 2014 exchange offer by UBS Group AG to acquire all issued shares of UBS AG, UBS Group AG filed a request with the Commercial Court of the Canton of Zurich on 9 March 2015 for a procedure under article 33 of the Swiss Stock Exchange Act (the "SESTA Procedure"), pursuant to which all UBS AG shares that remain publicly held will be cancelled and UBS Group AG shares will be delivered as compensation.

Statement By Acting New York Superintendent Of Financial Services Anthony J. Albanese On Agreement With Promontory Financial Group, LLC

Date 19/08/2015

Anthony J. Albanese, Acting Superintendent of Financial Services for the State of New York, issued the following statement today on an agreement between the Department of Financial Services (DFS) and Promontory Financial Group, LLC. The agreement resolves the conduct outlined in the Department’s August 3, 2015 report on its investigation of Promontory’s consulting work at Standard Chartered Bank.

CFTC Issues Order Of Exemption From Registration As A Derivatives Clearing Organization To ASX Clear (Futures) Pty Limited - First Order Of Its Kind Issued By The Commission

Date 18/08/2015

The U.S. Commodity Futures Trading Commission (Commission) today issued an order of exemption from registration as a derivatives clearing organization (DCO) to ASX Clear (Futures) Pty Limited (ASX). The order is the first issued by the Commission based on its authority under Section 5b(h) of the Commodity Exchange Act.