News Centre

Tokyo Stock Exchange: The Council Of Experts Concerning The Corporate Governance Code [The Eighth Council]

Date 05/12/2014

The Tokyo Stock Exchange (TSE) and the Financial Services Agency (FSA) have jointly established the Council of Experts Concerning the Corporate Governance Code with an aim of obtaining recommendations while referring to the knowledge of experts within private sector.

Japan's Financial Services Agency: Overview Of Major Banks' Financial Results As Of September 30, 2014

Date 05/12/2014

Following the announcements by major banks, etc. of their financial results as of September 30, 2014, the FSA has compiled the figures, etc. announced by these banks.

Malawi Stock Exchange Weekly Trading Report For Week Ending 5th December, 2014

Date 05/12/2014

Click here to download Malawi Stock Exchange's weekly trading report.

Foreign Financial Companies Eligible To Be Clearing Members On Moscow Exchange's FX Market

Date 05/12/2014

Moscow Exchange introduced its new General Clearing Member concept for the FX Market on 1 December 2014. This means Russian and foreign regulated financial companies are able to provide clearing services to brokers and other banks, companies and individuals trading on the FX Market. 

SGX: The Emergence Of Low-Grade Iron Ore Derivatives

Date 05/12/2014

• The correlation between high and low-grade iron ore prices has declined this year amidst a wave of low-grade supply growth. This has led to higher basis risk for market participants hedging lower grade seaborne cargoes.
• While the existing 62% Fe price is likely to remain the primary benchmark iron ore price, the importance of a supplementary lower grade iron ore benchmark price is rising. Lower grade iron ore now accounts for about a quarter of the overall seaborne market.
• BHP Billiton’s Yandi fines, one of the most established low-grade iron ore brands, is priced off Metal Bulletin’s premium 58% Fe index. The lower correlation between high and low-grade iron ore prices coupled with greater lower grade volumes in the market should drive more low-grade brands to transition to a 58% Fe index moving forward.
• SGX will launch two new 58% Fe derivative products in early 2015 (based on Metal Bulletin and TSI low-alumina 58% Fe indices, respectively), supplementing our existing iron ore products which have seen volume growth at a CAGR of 138% over the past four years. Further, with a 60% margin offset available between the 62% Fe and 58% Fe contracts, this will enable capital-efficient spread trading opportunities across both contracts.

Quayle Munro Announces Investment In Idio

Date 05/12/2014

Quayle Munro is pleased to announce it has made an investment in idio, the leading Content Intelligence platform, as part of a $6.2 million funding round. This funding follows an earlier round of $2.3m in April 2013, bringing total investment to $8.5m.

Bondcube Granted European Regulatory Approval - U.K. Financial Conduct Authority (FCA) Approval Passported To 31 Countries

Date 05/12/2014

Bondcube, the Fixed Income trading platform specifically focused on solving the liquidity problem in large and illiquid bond trades, is pleased to announce that it has been granted approval to deliver its platform in 31 countries in Europe, with immediate effect.

SGX Expands Access Into Southeast Asia With New Index Futures

Date 05/12/2014

Singapore Exchange (SGX) today announced the expansion of its Southeast Asian equity derivatives suite with the introduction of the SGX MSCI Malaysia Index Futures contract.  This new Index Futures, which covers a total of 43 component stocks from Malaysia, will commence trading from 9 February 2015. The SGX MSCI Malaysia Index Futures has also been certified by the U.S. Commodity Futures Trading Commission and can be directly offered and traded in the U.S. from launch.

KVH And Cyan Recognized For Carrier Ethernet Project Of The Year In Telecom Asia Readers’ Choice & Innovation Awards

Date 05/12/2014

KVH Co., Ltd., Asia’s leading information delivery platform headquartered in Tokyo, Japan, announced today that the company, together with its technical partner, Cyan (NYSE: CYNI), has won the Carrier Ethernet Project of the Year award in this year’s Telecom Asia Readers’ Choice & Innovation Awards.

CFTC Announces Agenda For Upcoming Agricultural Advisory Committee Meeting - U.S. Department Of Agriculture Secretary Tom Vilsack To Present On The State Of The Agriculture Economy

Date 04/12/2014

The U.S. Commodity Futures Trading Commission (CFTC) announced today the agenda for the upcoming Agricultural Advisory Committee (AAC) meeting on Tuesday, December 9, 2014 at 10:00 a.m., at its headquarters in Washington, DC. The agenda includes USDA Secretary Tom Vilsack, who will present on the state of the agriculture economy. For information about the meeting, including attending, viewing and listening instructions, see CFTC News Release 7061-14.