News Centre

GMEX Group Takes A Stake In ALTX Africa Group - Equity Stake Taken As ALTX Uganda Starts UAT And Sets Launch Target By 1 May 2015

Date 04/02/2015

GMEX Group today announced that it has acquired a 25% stake through its GMEX Technologies (GMEX TECH) subsidiary in the Mauritius-based ALTX Africa Group Ltd (ALTX). ALTX wholly owns ALT-Xchange Ltd (ALTX Uganda) and ALT-X Clearing Ltd (ALTX Clearing). ALTX is also in discussions with other strategic partners with a view to syndicating additional equity stakes to further drive its growth strategy.

Decision Of Dalian Commodity Exchange On Commending 2014 Outstanding Members

Date 04/02/2015

In 2014, under the correct leadership of the China Securities Regulatory Commission (CSRC) and with the support and cooperation of the member units, DCE, according to the arrangements of the national working conference on regulation of securities and futures and the “Opinions on Further Advancing the Innovative Development of the Futures Business Institutions” issued by the CSRC, strictly controlled the market risks, energetically pushed forward the innovation and achieved the smooth operation and rapid development of the futures market in Dalian. During the course, a number of outstanding member units adhered to compliance operation, performed outstandingly in serving the industries and institutions, education of investors and other aspects, and made great contributions to the innovative development of the futures markets in Dalian and across China.

Summary Of January 2015 Activities At TOCOM - January Volume Averaged 108,923 Contracts Per Day, Down 0.7% M-On-M

Date 04/02/2015

The Tokyo Commodity Exchange announced today that average daily trading volume for January 2015 was 108,923 contracts, down 0.7% from December 2014. On a year-on-year basis, it was up 32.9%. Some of TOCOM’s leading commodities saw increases in volume: the Exchange’s most traded commodity, Gold was up 6.2% to 46,359 contracts and Crude Oil was up 15.9% to 8,487 contracts. Others decreased – Platinum, down 13.4% to 17,834 contracts and Rubber, down 10.4% to 9,477 contracs, and pushed down overall volume.

Shanghai Stock Exchange Revises 3 Supporting Rules For Delisting

Date 04/02/2015

It is learnt from the Shanghai Stock Exchange (SSE) lately that to implement new delisting regulations in the “Stock Listing Rules” (the “Listing Rules” for short), the SSE has revised and improved three supporting rules for delisting, which are to be issued and put into effect today. The three supporting rules revised this time include the “SSE Measures on Re-listing of Delisted Companies (Revised in 2015)” (the “Measures” for short), the “SSE Detailed Rules on Business in Delisting Arrangement Period (Revised in 2015)” (the “Detailed Rules” for short), and the “SSE Administrative Measures on Stock Trading on Risk Alert Board (Revised in 2015)” (the “Administrative Measures” for short). Previously, the SSE revised the “Listing Rules” in accordance with the “Opinions on Reform, Improvement and Implementation of the Delisting System of Listed Companies” released by the China Securities Regulatory Commission (CSRC), and released it on October 17, 2014.

TMX Group Limited Declares Dividend Of $0.40 Per Common Share

Date 04/02/2015

The Board of Directors of TMX Group Limited declared a dividend of $0.40 on each common share outstanding, payable on March 6, 2015 to shareholders of record at the close of business on February 20, 2015.

TMX Group Limited Reports Results For The Fourth Quarter 2014

Date 04/02/2015

• Revenue of $182.7 million, up 1% from Q4/13
• Diluted earnings per share of 76 cents in Q4/14, versus 77 cents per share in Q4/13
• Adjusted diluted earnings per share of 93 cents in Q4/14, versus 96 cents per share  in Q4/13
• Adjusted diluted earnings per share of 93 cents excludes:
• 13 cents per share of amortization of intangibles related to acquisitions
• 4 cents per share charge related to Maple transaction and integration costs

ADX & NBAD Launch Market Making Activity

Date 04/02/2015

Abu Dhabi Securities Exchange (ADX) announced yesterday that National Bank of Abu Dhabi (NBAD) will operate in the exchange as the UAE’s first market maker. NBAD will be the market maker for 4 companies listed on ADX; Abu Dhabi Commercial Bank, Al Dar Properties, Waha Capital, and First Gulf Bank. 

TMX Group Consolidated Trading Statistics – January 2015

Date 04/02/2015

TMX Group Limited today announced January 2015 trading statistics across its marketplaces, which include Toronto Stock Exchange, TSX Venture Exchange, TMX Select, Alpha, Montréal Exchange (MX) and NGX.

Ontario Securities Commission Proposes New Whistleblower Program For Public Comment

Date 03/02/2015

The Ontario Securities Commission (OSC) today released OSC Staff Consultation Paper 15-401, which proposes a new whistleblower program that would encourage the reporting of serious misconduct of Ontario securities law to the OSC.  Under the program, a whistleblower could be awarded a financial incentive of up to $1.5 million upon the final resolution of an administrative enforcement matter.

SEC Names David Grim As Acting Director Of The Division Of Investment Management

Date 03/02/2015

The Securities and Exchange Commission today announced that David Grim has been named as Acting Director of the Division of Investment Management.  He replaces Norm Champ, the division’s former director, who left the SEC at the end of January.