Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

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  • 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.