News Centre

Deutsche Börse: Unscheduled Component Changes To SDAX: Ferratum OYJ Will Replace Westgrund AG

Date 18/06/2015

Deutsche Börse has announced that Westgrund AG will be replaced by Ferratum OYJ in SDAX. Due to the takeover of Westgrund AG by ADLER Real Estate AG, the free float of Westgrund AG has dropped from 87.75 percent to 6.42 percent. With a free float below 10 percent, the company is ineligible for index inclusion, according to the rules in the Guide to the Equity Indices of Deutsche Börse AG.

NYSE Welcomes Fitbit On Its First Day As A Publicly-Traded Company

Date 18/06/2015

Fitbit, Inc. (NYSE:FIT) opened for trading today on the New York Stock Exchange (NYSE) under the ticker symbol “FIT” after its initial public offering on the floor of the NYSE. Barclays is the Designated Market Maker for the company’s stock.

Prime Minister Of The Hellenic Republic, Alexis Tsipras’ Meetings In St. Petersburg

Date 18/06/2015

Prime Minister Alexis Tsipras, accompanied by the Minister for Productive Reconstruction and Energy, Panagiotis Lafazanis, within the framework of the Economic Forum in St. Petersburg, met with Gazprom’s head Alexey Miller. They discussed energy issues and the issue of the pipeline.

SEC Charges Microcap Oil Company, CEO, And Stock Promoter With Defrauding Investors

Date 18/06/2015

The Securities and Exchange Commission today charged a Texas-based oil company and its CEO with defrauding investors about reserve estimates and drilling plans, and charged the author of a stock-picking newsletter for his role in a fraudulent promotional campaign encouraging readers to buy the oil company’s penny stock shares.

UK Economic Secretary On Restoring Trust In The Financial System - Harriett Baldwin's Keynote Address At The 40th Annual Conference Of The International Organization Of Securities Commissions (IOSCO) Yesterday

Date 18/06/2015

Good afternoon – and thank you, (Martin), for that kind introduction.

I’m delighted to be speaking at such a prestigious occasion – and I would like to welcome all delegates here to Westminster and London.

SIFMA AMG Statement On IOSCO Strategic Direction Announcement

Date 18/06/2015

SIFMA yesterday issued the following statement from Tim Cameron, managing director and head of SIFMA's Asset Management Group, on the communiqué released yesterday by the Board of the International Organization of Securities Commissions (IOSCO):

Federal Reserve Board Announces Approval Of Final Rule Amending Regulation D

Date 18/06/2015

The Federal Reserve Board on Thursday announced the approval of a final rule amending Regulation D (Reserve Requirements of Depository Institutions) to make changes to the calculation of interest payments on excess balances maintained by depository institutions at Federal Reserve Banks. The final rule is a matter of prudent planning and has no implications for the near-term conduct of monetary policy.

ISE ETF Ventures Partner Product Crosses $1 Billion in AUM - ETF Based On ISE Cyber Security Index Ticker (Index Ticker: HXR) First To Achieve Important Milestone

Date 18/06/2015

ISE ETF Ventures today announced that its partner firm PureFunds® has surpassed $1 billion in assets under management for its ETF that tracks the ISE Cyber Security IndexTM (index ticker: HXR). This milestone brings the total assets under management for products tied to ISE ETF Ventures to approximately $3.2 billion.

Essen Wins European Green Capital Award 2017

Date 18/06/2015

The German city of Essen has won the European Green Capital Award for 2017 (EGCA). The award was presented by Karmenu Vella, EU Commissioner for Environment, Maritime Affairs and Fisheries, at a ceremony in Bristol, which currently holds the title. European Committee of the Regions' (CoR) member Ilmar Reepalu (Sweden/PES) was also present as he was part of the jury.

State Of The BISX Market Op-Ed

Date 18/06/2015

BISX recently published a "State of The BISX Market" Op-Ed in the local press, the article is presented in its entirety below. This Op-Ed is a part of the Exchange's goal of providing more financial literature to the Bahamian capital markets.