News Centre

Hong Kong's Securities And Futures Commission Bans Manesh Vijaykumar Samtani For life

Date 04/08/2014

The Securities and Futures Commission (SFC) has banned Mr Manesh Vijaykumar Samtani, a former licensed representative of KGI Asia Limited and KGI Futures (Hong Kong) Limited (collectively KGI), from re-entering the industry for life (Note 1).

Tokyo Stock Exchange: Indicative NAV Published For New ETFs Through The FLEX Standard Service

Date 04/08/2014

Beginning on August 11, 2014, Tokyo Stock Exchange, Inc. (TSE) will publish the real-time Indicative Net Asset Value (Indicative NAV) per share through the FLEX standard service for the below one Exchange Traded Fund (ETF).

Adaptive Consulting And Software AG Announce Strategic Partnership - The Partnership Will Combine Adaptive’s Expertise In Financial Markets Technology With Software AG’s Award-Winning Product Set

Date 04/08/2014

Software AG (Frankfurt TecDAX: SOW) and Adaptive Consulting are pleased to announce the formation of a strategic partnership that will enable clients in financial markets to capitalise on Adaptive’s deep expertise in developing and integrating front office applications and Software AG's award-winning solutions for streaming analytics, complex event processing (CEP), in-memory data management and universal messaging.

Singapore Fixed Income Indices (SFI) Weekly

Date 04/08/2014

Below are key highlights for the week ending 1 August 2014 (please click on the attachment for further detail):

• The SFI lost 0.22% to 118.16.
• YTD, the STI currently outperforms the SFI by 2.88%.
• The SFI Government Bond Index declined (-0.35%), leading to an overall loss in the SFI.
• Conversely, the SFI Corporate Bond Index remained relatively flat (-0.02%).
• Five issuances (~S$1.4B in market value) were added to the SFI in the latest index rebalance.

TSI Coking Coal Indices Form Basis Of New Singapore Exchange Derivatives - The Steel Index (TSI)-Based Coking Coal Futures And Swaps Launched Today

Date 04/08/2014

The Singapore Exchange (SGX) is utilizing The Steel Index (TSI)’s daily coking coal price indices published by Platts, a leading global provider of energy, metals and commodities information, as the settlement basis for its metallurgical coal futures and swaps contracts launched today.

ASIC: Credit Suisse AG Pays $88,400 Infringement Notice Penalty

Date 04/08/2014

Credit Suisse AG ("Credit Suisse") has paid a penalty of $88,400 to comply with an infringement notice given to it by the Markets Disciplinary Panel ("MDP"). The penalty was for:

• offering and allocating an Error Trade to a Client in circumstances where that Trade had not been obtained under instructions previously obtained from that Client;
• acting in a manner which had a detrimental effect on that Client's best interests; and
• failing to maintain a separate record of that Error Trade.

Osaka Exchange: Partial Revisions To Reference Price Of Dynamic Circuit Breaker For Index Futures Contracts

Date 04/08/2014

OSE will partially revise the reference price of the Dynamic Circuit Breaker (DCB) for index futures as follows.

Partial Revisions to Reference Price of DCB

• (*1) Execution prices of strategy trading and J-NET trading are not included. In addition, in cases where there is no transaction in continuous auction trading on the same trading day, the base price for the Daily Price Limit on that trading day will be used.
• (*2) The best bid and offer (BBO) means the lowest offer and the highest bid. Additionally, the mid-price of BBO includes execution prices (excluding the execution price of strategy trading and J-NET trading), and, in cases where there is no mid-price of BBO in continuous auction trading on the same trading day, the base price for the Daily Price Limit on that trading day will be used.

Distribution And Impact Of Discovery Communications Inc. Distribution On The NASDAQ OMX Indexes

Date 02/08/2014

On May 16, 2014, Discovery Communications, Inc. (Nasdaq:DISCA) announced a distribution of Class C shares to its stockholders.

CBOE Futures Exchange Reports Busiest Day In History On Friday - New Single-Day Volume Records Set For Total Exchange And VIX Futures Trading - Over Half A Million Contracts Traded

Date 01/08/2014

The CBOE Futures Exchange, LLC^SM (CFE^®) today announced that new single-day volume records for total trading volume exchange-wide at CFE and for futures on the CBOE Volatility Index^® (VIX^® Index) were set on Friday, August 1.

ISE Reports Business Acitvity For July 2014

Date 01/08/2014

• ISE and ISE Gemini™ combined represent 14.8% of equity options market share, excluding dividend trades.
• ISE and ISE Gemini reported a combined ADV of 2.1 million contracts.     
• Dividend trades made up 1.4% of industry volume in July 2014.