News Centre

MNI India Business Sentiment Down Again In December - New Orders Lowest For A Year

Date 19/12/2014

Business sentiment at India’s largest companies fell in December for the third consecutive month as orders growth fell to the lowest level for a year.

FIA Japan Newsletter January 2015 Edition Released

Date 19/12/2014

Futures Industry Association of Japan has released the January 2015 edition of its bimonthly newsletter. For browse, please access the following URL.

http://www.fiajapan.org/site_newsletters/en/201501/FIAJ_Newsletter_EN_2015_01.pdf 

Tokyo Commodity Exchange Foreign Customer Trades Ratio Rises To 46.4% Of Total Volume In November

Date 19/12/2014

The Tokyo Commodity Exchange, Inc announced today that the November 2014 monthly volume of customer trades (combined sell & buy orders) originating overseas accounted for 46.4 percent of the total trades, which renewed the all-time high ratio. The volume of foreign customer trades and its percentage to the total trades on TOCOM markets started increasing significantly after the launch of the current trading platform and night session in May 2009.

Shanghai Futures Exchange: Notice On The Information Security Emergency Exercise Of The Securities And Futures Industry for 2014

Date 19/12/2014

As per the requirements of the Notice on Carrying Out the Information Security Emergency Exercise of the Securities and Futures Industry for 2014 issued by China Securities Regulatory Commission [ZJBF(2014)No.82], the Exchange will organize an participate in the information security emergency exercise of the securities and futures industry for 2014 this December 20th. 

Dalian Commodity Exchange: Notice On Listing Of The Second Products For Night Trading

Date 19/12/2014

To further ensure the smooth operation of the night trading, the matters related to the listing of the second products for night trading are hereby notified as follows:

1. Listing time of the second products for night trading

DCE will list the second products on the night trading as of 21:00 on December 26, 2014.

SIFMA Statement On Fed’s Volcker Rule Conformance Period Extension

Date 19/12/2014

Today, SIFMA issued the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO on the Federal Reserve’s announcement to extend the Volcker Rule conformance period through July 2017 for covered funds:

"We welcome the Federal Reserve Board’s action today to extend the conformance period for banking entities’ covered funds activities.  Such an extension was contemplated by Congress in developing the Volcker Rule and we appreciate the Fed recognizing the practical challenges in banking entities interpreting the rule, applying it to their investment business and complying by July 2015.  This additional time to conform investments will allow for a more orderly process as banking entities restructure their covered funds activities and investments.   Despite today’s action, many important clarifications remain to be made.  We encourage the Fed and the other Volcker regulators to continue an active dialogue with market participants on other important outstanding matters such as concerns that banks’ ability to make markets in certain asset classes, such as securitized products, may be impaired without further guidance.”

SEC Proposes Amendments To Implement JOBS Act Mandate For Exchange Act Registration Requirements

Date 19/12/2014

As mandated by the Jumpstart Our Business Startups Act (JOBS Act), the Securities and Exchange Commission has approved the issuance of proposed amendments to revise the rules related to the thresholds for registration, termination of registration, and suspension of reporting under Section 12(g) of the Exchange Act. 

Houston Investment Manager Sentenced To 56 Months In Prison For Orchestrating $72 Million Ponzi Scheme

Date 18/12/2014

A Houston investment manager was sentenced yesterday to serve 56 months in prison for orchestrating a $72 million investment fraud scheme resulting in approximately $40 million in losses to investors.

NZX Publishes Guidance Note On Continuous Disclosure

Date 18/12/2014

NZX today published its final guidance notes on continuous disclosure and trading halt and suspensions.

California Investment Manager Sentenced To 225 Months in Prison For $33 Million Fraud Scheme

Date 18/12/2014

A California investment manager was sentenced yesterday to serve 225 months in prison for orchestrating a $33 million Ponzi scheme resulting in $15.2 million in losses to investors.