News Centre

Exchange Data International Expands Support Services

Date 13/03/2015

Securities and corporate actions reference data specialist Exchange Data International (EDI) today announced it has introduced 24/7 customer support and Japanese speaking support to meet the needs of its growing customer base. 

UK’s Financial Conduct Authority Fines And Prohibits Mr Stephen Bell, Former Director Of Network Financial Group, From Performing Compliance Oversight Function

Date 13/03/2015

The Financial Conduct Authority (FCA) has fined former compliance director Mr Stephen Bell £33,800 for systemic weaknesses in the design and execution of network Financial Group’s (the Group) compliance systems and controls. The FCA has also banned Mr Bell from performing the compliance oversight function.  

Malawi Stock Exchange Weekly Trading Report Week Ending 13th March, 2015

Date 13/03/2015

Click here to download Malawi Stock Exchange's weekly trading report for the week ending 13th March, 2015.

Clearstream’s February 2015 Figures - Assets Under Custody Up 9% Vs Feb ’14 To Hit New Record High Of EUR 13.2 Trillion - Marc ICSD Assets Under Custody Up 9% Vs Feb ’14 At EUR 6.9 Trillion - Robert-Nicoud: Numbers Show Healthy Growth Across All Service Lines

Date 13/03/2015

Business stream 1: Custody

In February 2015, the overall value of assets under custody held on behalf of customers registered an increase of 9 percent to EUR 13.2 trillion (compared to EUR 12.1 trillion in February 2014).

UK's Financial Conduct Authority Confirms Approach For Financial Promotions In Social Media

Date 13/03/2015

The Financial Conduct Authority (FCA) has today published its guidance on financial promotions in social media. This follows detailed engagement and consultation with the industry.

HKFE To Suspend Trading Of Its Gold Futures

Date 13/03/2015

Hong Kong Futures Exchange Limited, a wholly owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), is suspending trading of its Gold Futures after the market close today (Friday).

UK's Financial Conduct Authority: Former Chief Executive Of Stockbroker Fined £450,000 And Banned

Date 13/03/2015

Sam Kenny, the former chief executive of Gracechurch Investments Limited (Gracechurch), a stockbroking firm that is now dissolved, has been banned from holding a position in the financial services industry and fined £450,000 by the Financial Conduct Authority (FCA/the Authority). Mr Kenny led Gracechurch when it routinely mis-sold small-capitalised stocks through pressure, misrepresentation and unsuitable advice. Mr Kenny used pressure selling techniques himself.

Irish Stock Exchange: Ryanair Lists €850m Debt Security On The Main Securities Market

Date 13/03/2015

Ryanair has listed a €850m euro bond on the Irish Stock Exchange (ISE). The debt instrument, due 2023, has a fixed coupon rate of 1.125% and is listed on the Main Securities Market (MSM).

Hong Kong's Securities And Futures Commission: Takeovers Panel Finds Chow Yei Ching, Joseph Leung Wing Kong And Oscar Chow Vee Tsung In Breach Of Takeovers Code

Date 13/03/2015

The Takeovers and Mergers Panel (Takeovers Panel) today found that Mr Chow Yei Ching (Chow), Mr Joseph Leung Wing Kong and Mr Oscar Chow Vee Tsung breached the mandatory offer requirement under the Code on Takeovers and Mergers and Share Repurchases (Takeovers Code), in that they acted in concert with the late Ms Nina Kung to obtain and consolidate control over ENM Holdings Ltd (ENM), through the acquisition of voting rights, and there was a failure to make a general offer as required by the Takeovers Code.

Euronext Expands Listed Private Placement Bonds Offer

Date 13/03/2015

Euronext, the primary exchange in the euro zone, today announced the launch of Euronext Private Placement Bonds (EPPB). A pan-European initiative, this new product rounds out Euronext’s existing private placement bond range by extending it to Alternext. It gives issuers of private placement bonds—Euro PP[1], High Yield[2], mutualized bonds or securitisation vehicles —easier access to Euronext markets in France, Belgium and Portugal, thus expanding their investor base.