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News Centre
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Thomson Reuters Appoints David Akellian As Managing Director Of Wealth Management
Date 22/04/2015
Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced the appointment of David Akellian as managing director of Wealth Management. Akellian will be based in New York and will report to Abel Clark, managing director, Financial sector.
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Antitrust: European Commission Sends Statement Of Objections To Gazprom For Alleged Abuse Of Dominance On Central And Eastern European Gas Supply Markets
Date 22/04/2015
The European Commission has sent a Statement of Objections to Gazprom alleging that some of its business practices in Central and Eastern European gas markets constitute an abuse of its dominant market position in breach of EU antitrust rules. See Factsheet for further details.
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Independent Assurance Review Confirms Platts Aligns Non-Oil Commodities With IOSCO Principles For Oil Price Reporting Agencies
Date 22/04/2015
Platts, a leading energy, petrochemicals, metals and agriculture information provider, today announced that an independent assurance review of its non-oil price assessment processes completed by Ernst & Young confirms that Platts' governance and controls framework, policies and editorial practices align with IOSCO’s Principles for Oil Price Reporting Agencies. -
Securities Commission Malaysia: Former CEO Of Inix Technologies Jailed For Submitting False Statements
Date 22/04/2015
The Court of Appeal today imposed a total of 45 months imprisonment on Jimmy Tok Soon Guan, the former CEO of Inix Technologies Holdings Berhad (Inix).
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OpenFin Raises $3 Million In Funding Round Led By Bain Capital Ventures, Nyca Partners And Pivot Investment Partners
Date 22/04/2015
OpenFin, the leading provider of HTML5 runtime technology for the financial industry, today announced it has raised $3.0 million in additional financing. The round was co-led by Bain Capital Ventures, Pivot Investment Partners and Nyca Partners, with participation from 20 senior financial industry executives including Cris Conde, former CEO of SunGard and Tom Glocer, former CEO of Thomson Reuters. The funds will be used for product development and engineering team expansion in both New York and London.
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Lombard Risk Winner Of Custody Risk's Americas Award 2015 - "Collateral Services Provider Of The Year"
Date 22/04/2015
Lombard Risk Management plc (Lombard Risk), a leading provider of integrated collateral management, regulatory compliance and reporting solutions for the financial services industry, was presented with the prestigious 2015 Custody Risk Americas Award on April 15th for "Collateral Services Provider of the Year".
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Thai Bourse Announces Two Members Elected To Its Board
Date 22/04/2015
The Stock Exchange of Thailand (SET) announced that two members were elected to its board of governors to replace those whose terms will end on May 27, 2015, at a general meeting of member companies today.
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Dubai Financial Services Authority Takes Action Against Hany Lotfy Awwad Abdelwahab
Date 22/04/2015
The Dubai Financial Services Authority (DFSA) has imposed a fine of USD 45,000 (AED 165,150) and a restriction, on Mr Hany Lotfy Awwad Abdelwahab (Mr Abdelwahab) for providing the DFSA with false, misleading or deceptive information, and for obstructing the DFSA by failing to comply with DFSA investigative notices.
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HKFE Announces Revised Margins For ChinaAMC CSI 300 Index ETF And China Mobile Futures
Date 22/04/2015
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 Friday, 24 April 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.
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STOXX Limited And KRX Enter Into MOU
Date 22/04/2015
STOXX Limited, a leading provider of innovative, tradable and global index concepts, and The Korea Exchange, Inc. (KRX) today announced the signing of a memorandum of understanding (MOU) to create a long-term cooperation between the two companies.
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