News Centre

US Justice Department Announces Two Banks Reach Resolutions Under Swiss Bank Program - Banque Pasche SA Will Pay $7.229 Million Penalty And ARVEST Privatbank AG Will Pay $1.044 Million Penalty; Both Continue To Cooperate With Department Of Justice

Date 09/07/2015

The Department of Justice announced today that two banks, Banque Pasche SA and ARVEST Privatbank AG, have reached resolutions under the department’s Swiss Bank Program.

Letter From The UK Financial Conduct Authority Chairman To The Chief Ombudsman On Application For Certification Under The Alternative Dispute Resolution (ADR) Directive

Date 09/07/2015

Caroline Wayman
Chief Ombudsman & Chief Executive
Financial Ombudsman Service
Exchange Tower
1 Harbour Exchange
London
E14 9SR

Dear Caroline,

Application for certification under the Alternative Dispute Resolution (ADR) Directive

Thank you for your application to become a certified ADR entity and for the information that you provided in accordance with the Alternative Dispute Resolution (Competent Authorities and Information) Regulations 2015 (the ‘Regulations’). I understand that you have made minor amendments to the reasoned statement following publication of the Alternative Dispute Resolution for Consumer Disputes (Amendment) Regulations 2015 but that these amendments are not material.

EEX: Lower Fees For Spanish Day And Weekend Futures

Date 09/07/2015

EEX would like to inform you about a reduction of the fee level of EEX Spanish Day and Weekend Futures, valid from 1 July 2015 onwards.

CFTC Seeking Public Comment On A Petition By OTC Clearing Hong Kong Limited For Exemption From DCO Registration

Date 09/07/2015

The U.S. Commodity Futures Trading Commission (Commission) is asking for public comment on a petition by OTC Clearing Hong Kong Limited for exemption from registration as a derivatives clearing organization (DCO).

Finansinspektionen: Recognition Of Other Member States' Counter-Cyclical Buffer Rates

Date 09/07/2015

Finansinspektionen decides to recognize countercyclical buffer rates up to 2.5 per cent that are set by the designated authority of another EEA country. The firms concerned shall use these buffer rates to calculate their firm specific countercyclical capital buffers.

EGX Publishes Updated Financial Indicators For Listed Companies

Date 09/07/2015

As per the Egyptian Exchange (EGX) keenness to give a clear and objective overview about the actual listed companies’ situation and their updated financial indicators, EGX publishes all of the financial indicators and data updates about the companies listed in both of the main market and in NILEX for small and medium-sized companies.

TM Advisory Services Announces The Appointment Of Former Bank Of New York Mellon CSD CEO Chris Prior-Willeard And Team

Date 09/07/2015

TM Advisory Services announces the appointment of Chris Prior-Willeard and his team from Bank of New York Mellon (BNYM). Chris was previously the CEO of the CSD set up by BNYM. As BNYM has placed that operation on hold, TM Advisory Services is delighted to offer Chris and his team the opportunity to continue to explore further the opportunities in the post-trade landscape on which TM Advisory Services particularly focuses.

Tel Aviv Stock Exchange Weekly Review: July 5-9, 2015

Date 09/07/2015

Trading on the Tel-Aviv Stock Exchange (TASE) on the first week of July, was marked by declines in most of the leading share indices; Record turnover in weekly options on the TA-25 index

SIX Swiss Exchange: Index Adjustments On The Occasion Of The Ordinary Index Review

Date 09/07/2015

The Management Committee of SIX Swiss Exchange has decided to make changes to SIX  Swiss Exchange index baskets on the basis of a recommendation from the Index Commission and in compliance with the SMI®, SLI®, SPI® and SXI® index rules. The indices will be adjusted on 18 September 2015 after closing. The adjustment takes effect on 21 September 2015.

Gold Returns To The Spotlight Amid Asian Stock Slump - GoldMoney Weekly Market Report And Customer Metrics

Date 09/07/2015

The Greek/Euro union may have been teetering on the brink this week, but the precious metals markets remained somewhat ambivalent to the situation - until Asia’s woes hit the headlines.