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Greece: Special Euro Summit Highlights

Date 13/07/2015

The Highlights of final statement of Special Euro summit on 12&13 July 2015 in Brussels by Tusk, Juncker and Dijsselbloem.
Towers Watson Global Alternatives Survey 2015: Alternative Assets No Longer Considered Alternative - Survey Shows Total Global Alternative Assets Under Management Hit $6.3 Trillion.

Date 13/07/2015

Total assets managed by the Top 100 alternative investment managers globally reached $3.5 trillion in 2014 ($3.3 trillion in 2013), according to research produced by Towers Watson. The Global Alternatives Survey, which covers nine asset classes and seven investor types, shows that of the Top 100 alternative investment managers, real estate managers have the largest share of assets (33% and over $1 trillion), followed by hedge funds (23% and $791bn), private equity fund managers (22% and $767bn), private equity funds of funds (PEFoFs) (10% and $342bn), funds of hedge funds (FoHFs) (5% and $214bn), infrastructure (4%) and illiquid credit (3%).
Securities And Futures Commission Suspends Tai Nga Chun For Operating Secret Account

Date 13/07/2015

The Securities and Futures Commission (SFC) has suspended Ms Tai Nga Chun for eight months from 10 July 2015 to 9 March 2016.
Remarks By President Donald Tusk After The Euro Summit Of 12 July 2015 On Greece

Date 13/07/2015

Good morning. Today, we had only one objective: to reach an agreement. After 17 hours of negotiations, we have finally reached it. One can say that we have 'agreekment'. Leaders have agreed in principle that they are ready to start negotiations on an ESM programme, which in other words means continued support for Greece.
Volante Technologies Launches VolPay Channel - Adding To The VolPay Suite Of Payments Software Solutions And Designed Specifically To Ease The Complexity And Time Taken For Host To Host On-Boarding

Date 13/07/2015

Volante Technologies Inc., a global leader in the provision of financial message and data integration, validation and processing software, continues to challenge the current approach to payments processing dominated by legacy systems, by announcing today the launch of their latest payments processing product – VolPay Channel.

HKFE Announces Revised Margins For Futures Contracts

Date 13/07/2015

Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Tuesday, 14 July 2015, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contracts will be as outlined in the table below. The adjustments are based on the clearing company’s normal procedures and standard margining methodology.
New Zealand's Financial Markets Authority Obtains Enforceable Undertakings From NZ Residents Found Liable For Financial Misconduct In Australia

Date 13/07/2015

The Financial Markets Authority (FMA) has today agreed to accept enforceable undertakings from David John Hobbs and Jacqueline Hobbs, limiting their activities in New Zealand’s financial markets.
Amman Stock Exchange: Eid Al Fiter Holiday

Date 13/07/2015

According to a communiqué issued by Prime Minister on the occasion of Eid Al Fiter, All ministries and public departments will be off from Friday, July 17, to Monday, July 20. Accordingly, The Amman Stock Exchange (ASE) will have a holiday on Sunday 19July, 2015 until Monday 20 July, 2015. The ASE will be back to work on Tuesday 21 July, 2015.
Counselor To The U.S. Treasury Department Secretary Antonio Weiss Op-Ed: Regulatory Rollback Is Wrong For Financial Markets

Date 13/07/2015

In an op-ed to be published in the July 13, 2015 edition of the Wall Street Journal, Counselor to the Secretary Antonio Weiss outlines the rapidly evolving structure of the Treasury Market and the need to adapt to the dynamics of the new marketplace without rolling back the reforms that have made the system far safer and more resilient.
Eurogroup Offers Choice Of Words On Grexit

Date 12/07/2015

The Eurogroup of finance ministers offered the Eurozoneleaders a choice of wording if a deal cannot be struck on a bailout for Greece - giving Athens a "time-out" from the euro zone and possible debt writeoffs.