News Centre

GAITAME.COM Selects smartTrade To Accelerate FX Broker Business

Date 23/06/2015

smartTrade Technologies, a global leader in multi asset, end-to-end trading solutions for Tier1, Tier2, regional Banks, Brokers and Asset Managers, has been selected by Gaitame.com, a leading Japanese online foreign exchange (FX) trading company, to deliver a fully automated and hosted low latency FX connectivity platform.

MNI India Business Sentiment Indicator: Indian Business Sentiment Boosted By June Rate Cut - Depreciation In The Rupee Stimulates Export Orders

Date 23/06/2015

Results of the June business survey provide a tentative sign that the downturn in business sentiment may have bottomed. The MNI India Business Sentiment Indicator, a gauge of current sentiment among BSE-listed companies, rose by 7.7% to 67.1 in June from 62.3 in May.

Asia's First Trading-Atrium Announces Readiness For Low Latency Direct Market Access To Thailand From Singapore

Date 23/06/2015

• Country Group Securities and Neo & Partners Global collaborate to establish Inbound and Outbound Low Latency Direct Market Access for Equities and Derivatives e-Trading.
• Neo & Partners Global’s unique 360° Business Eco-system combines high technology with human-centric design for Algorithmic and Quantitative e-Trading under one roof.
• In conjunction with The Stock Exchange of Thailand’s new clearing system launch for international transaction in 2015.

NZX: OMF Accredited As Derivatives Market Participant

Date 23/06/2015

NZX is pleased to announce that OM Financial Limited (OMF) has been accredited as a Trading & Advising Participant and also a General Clearing Participant for the NZX Derivatives Market.

Statement By Commission President Jean-Claude Juncker Following The Extraordinary Euro Summit On Greece

Date 23/06/2015

"I simply wanted to say that the proposals that the Greek government was submitting to our meditation tonight and early this morning - although these proposals were coming in with some delay - are a major step taken by the Greek authorities into the direction of the expectations of the three institutions involved in that process."

FINRA Fines Morgan Stanley Smith Barney And Scottrade A Total Of $950,000 For Failing To Supervise The Transmittal of Customer Funds To Third-Party Accounts

Date 22/06/2015

The Financial Industry Regulatory Authority (FINRA) announced today that it has fined Morgan Stanley Smith Barney, LLC (Morgan Stanley) $650,000 and Scottrade, Inc. $300,000 for failing to implement reasonable supervisory systems to monitor the transmittal of customer funds to third-party accounts. Both firms were cited for the weak supervisory systems by FINRA examination teams in 2011, but neither took necessary steps to correct the supervisory gaps.

European Council - Council Of The European Union: Remarks by President Donald Tusk At The Press Conference Of The Euro Summit

Date 22/06/2015

I called this summit to put an end to the dangerous uncertainty and to avoid the worst case scenario which means chaotic and uncontrollable Graccident. To do that, I wanted to achieve two things. First, I wanted to inject new dynamism into the negotiations that have been stalled for too long. With the Greek proposal today, I believe that we have taken that step. Second, to make sure that all leaders are on the same political page, that all share the same understanding of the possibilities and limits.

CFTC’s Division Of Market Oversight To Host Public Roundtable Regarding The Made Available To Trade Process

Date 22/06/2015

The U.S. Commodity Futures Trading Commission’s (CFTC) Division of Market Oversight (Division) will hold a public roundtable on July 15, 2015, from 10:00 a.m. to 2:00 p.m. to discuss the Commodity Exchange Act’s trade execution requirement and the process of making Made Available to Trade (MAT) determinations. The roundtable will discuss: (1) approaches to mandatory exchange trading in various jurisdictions; (2) academic perspectives on, and data-based assessment of, MAT; and (3) industry analysis of the MAT process.

NYSE Governance Services Announces 2015 Leadership Award Winners

Date 22/06/2015

New York Stock Exchange Governance Services, a subsidiary of New York Stock Exchange (NYSE: ICE), today announced the winners and finalists of its 2nd annual Governance, Risk & Compliance Leadership Awards. The awards program recognizes exemplary leaders in governance, risk and compliance.

ISDA EMEA Credit Derivatives Determinations Committee: The State Export-Import Bank Of Ukraine Restructuring Credit Event

Date 22/06/2015

The International Swaps and Derivatives Association, Inc. (ISDA) today announced that its EMEA Credit Derivatives Determinations Committee resolved that a restructuring credit event occurred in respect of The State Export-Import Bank of Ukraine.