News Centre

Hong Kong's Securities And Futures Commission Welcomes Appointment Of Non-Executive Directors

Date 31/07/2014

The Securities and Futures Commission (SFC) welcomes the appointment by the Financial Secretary of Dr William Wong Ming-fung, SC and the re-appointment of Ms Teresa Ko Yuk-yin as Non-Executive Directors for a term of two years effective from 1 August 2014.

HKFE Announces Revised Margins For CITIC Pacific And HKEx Futures

Date 31/07/2014

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 Monday, 4 August 2014, 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.

STOXX Announces Compliance With IOSCO Principles For Financial Benchmarks

Date 31/07/2014

STOXX Limited, a leading provider of innovative, tradable and global index concepts, today declared its compliance with the International Organisation of Securities Commission’s (IOSCO) Principles for Financial Benchmarks, and published its “Letter of Compliance with the IOSCO Principles for Financial Benchmarks” on the company’s website.

Stable Results Of WSE Group In Q2 2014 Despite Unfavourable Situation On Financial Markets

Date 31/07/2014

Financial results of the WSE in Q2 2014:

• Total revenue: PLN 69.3 million, an increase of 7.3% year on year
• Revenue from the financial market: PLN 48.2 million, a decrease of 6.7% YoY
• Revenue from the commodity market: PLN 20.3 million, an increase of 65.2% YoY
• EBITDA: PLN 32.3 million, an increase of 2.7% YoY
• Net profit: PLN 20.4 million, an increase of 20.1% YoY
• EPS: PLN 0.48 (PLN 0.40 in Q2 2013)
• Dividend for 2013: PLN 1.2 per share

UK's Financial Conduct Authority: Temporary Restriction In Short Selling

Date 31/07/2014

The Financial Conduct Authority (“FCA”) notifies that it temporarily prohibits short selling in the following instruments under Articles 23 (1) and 26 (4) of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012 on short selling and certain aspects of credit default swaps.  This follows a decision made by another EU Competent Authority.

Women In ETFs Announces Board Of Directors And Leadership Team - First Women’s Organization For ETF Industry Founded In January 2014

Date 31/07/2014

Women in ETFs, the first women’s group for the ETF industry, announced the appointment of the organization’s Board of Directors and leadership team.

Eagle Appoints New Heads Of Sales For Americas, EMEA And APAC - Appointments Made As Eagle Continues To Grow Its Global Sales Operations To Meet Increasing Demand In The Market For Its Products And Services

Date 31/07/2014

Eagle Investment Systems LLC, a leading provider of financial services technology and a subsidiary of BNY Mellon, today announced the promotion of Greg Farrington to Head of Sales, Americas.

Thai Alternative Bourse Enhances Firms Via Scientific Innovative Researches

Date 31/07/2014

Market for Alternative Investment (mai), under The Stock Exchange of Thailand (SET) group, has signed a memorandum of understanding (MOU) with mai Listed Companies Association (maiA) and National Science and Technology Development Agency (NSTDA), enabling mai-listed companies to utilize NSTDA’s scientific, technology and innovative researches for business advantages.

SGX Posts FY2014 Net Profit Of $320 Million

Date 31/07/2014

• SGX: All businesses grew in FY2014 excluding securities business
• SGX FY2014 net profit down 5% at $320 million on 4% fall in revenue to $687 million
• SGX proposes unchanged final dividend of 16 cents, total dividend of 28 cents

Tokyo Commodity Exchange Palladium Advances Over 2,900 Yen Per Gram

Date 31/07/2014

TOCOM June 2015 Palladium futures contract (most active/back contract month) temporarily reached 2,906 yen per gram during the sessions for July 30. The settlement price for the day was 2,900 yen per gram, which marked the highest since March 28, 2001 (approx. 13 years and 4 months).