News Centre

G Padmanabhan: Musings Of A Departing Forex Market Regulator - Address By Mr G Padmanabhan, Executive Director Of The Bank Of India, At The Foreign Exchange Dealers Association Of India Conference, Brussels, 3 April 2015

Date 10/04/2015

Mr. Gupta, Chairman, FEDAI, Mr. Vohra, Mr. Banerjee, Vice- Chairmen, Mr. Patwardhan, CEO, my banker friends, colleagues from the RBI, ladies and gentlemen,

1. It gives me great pleasure to be here with you this morning. The Foreign Exchange Dealers' Association of India has been choosing exciting overseas locations for its annual conventions these days, and this beautiful city, with its long history and increasing pre-eminence in European and international affairs is indeed a fine choice. The Indian engagement in the neighbourhood diamond centre of Antwerp has been growing over the years and today Antwerp has perhaps the highest concentration of branches of Indian banks outside a global financial centre. I am sure the aura of Brussels will provide a stimulating backdrop for the deliberations.

Securities Commission Malaysia Invites Submissions From Prospective Equity Crowdfunding Operators

Date 10/04/2015

The Securities Commission Malaysia (SC) announced today that operators interested in establishing and operating an equity crowdfunding (ECF) or Shariah-compliant ECF platform can now submit their application to the Securities Commission Malaysia.

LME Appoints Andrew Dodsworth To Lead New Market Operations Department

Date 10/04/2015

The London Metal Exchange (LME) is pleased to announce the appointment of Andrew Dodsworth as Head of Market Operations. Andrew will lead an expanded Market Operations function, which has been designed to provide a robust, comprehensive and high quality operational service to all of the LME’s customers. This team will encompass the LME’s existing electronic trading, matching, market data and warrant management operational services, as well as the price discovery department, headed by Peter Childs, and all market supervision functions.

EEX Auction News: German Auction - Auction For Phase 3 EUAs

Date 10/04/2015

In today’s Primary Market Auction (2015-04-10, 11:00 a.m., Phase 3) which was carried out on behalf of the Federal Republic of Germany a volume of 3,198,000 EUAs was auctioned off on the EEX Spot Market at a price of 6.96 Euro/EUA.

SIX And St. Galler Kantonalbank Launch mCashier In St. Gallen

Date 10/04/2015

Thanks to mCashier, a new mobile payment solution from SIX for smartphones and tablets, the people of St. Gallen will soon be able to make more cashless purchases. The product is the result of collaboration between SIX Payment Services and the St. Galler Kantonalbank (SGKB). SGKB is currently selling mCashier for the special price of CHF 69 to smaller companies looking for an easy way to accept card payments.

Tokyo Commodity Exchange: Good Delivery Material Price Differential For April 2015 Rubber Contract

Date 10/04/2015

The price differential of the Good Delivery material for the April 2015 contract month in the Rubber market has be determined as follows,

EBRD Annual Meeting 2015: Innovating For The Future

Date 10/04/2015

‘Adopt, Adapt, Advance: Innovating for the Future’ is the title of a panel discussion at this year’s EBRD Annual Meeting in Tbilisi, Georgia, looking at the key role innovation can play in driving forward reforms and  supporting long-term economic growth.

Bursa Malaysia Sector Update

Date 10/04/2015

Bursa Malaysia Berhad (Bursa Malaysia) has decided to update the classification of sector for Sanbumi Holdings Berhad (“SANBUMI”) to come into effect on 9.00 a.m., Monday, 13 April 2015. 

ETFs Listed In Europe Celebrate Their 15th Anniversary On April 11th According To ETFGI

Date 10/04/2015

15 years ago, on April 11, 2000, the first ETFs were listed in Europe: the LDRs DJ STOXX 50 and the LDRs DJ Euro STOXX 50 were listed on the Deutsche Boerse, sponsored by Merrill Lynch International.  iShares acquired these ETFs in September 2003 and rebranded them the iShares DJ STOXX 50 (EUN1 GY) and the iShares DJ Euro STOXX 50 (EUN2 GY). A few weeks later on April 28th, 2000 the iShares FTSE 100 (ISF LN) was listed on the London Stock Exchange.

SIX Exchange Regulation Reaches An Agreement With NEBAG AG

Date 10/04/2015

SIX Exchange Regulation has reached an agreement with NEBAG AG in connection with a breach of the International Financial Reporting Standards (IFRS) in the 2014 interim financial statements. The identified deficiencies relate to the presentation of the financial statements and the fair value disclosures. The company will correct the errors in the 2014 annual financial statements and in the 2015 interim financial statements and will make a payment of CHF 5,000 to the IFRS Foundation as part of the agreement.