News Centre

Warwick Business School Assistant Professor Of Finance Chen Yao Comments On Barclays' Dark Pool Trading Operations

Date 26/06/2014

Commenting on the lawsuit against Barclays’ dark pool trading operations Warwick Business School Assistant Professor of Finance Chen Yao said: “By their very nature it is difficult for investors to know the rules of the game in dark pools. They are attractive because institutions can make large trades without disturbing the market and because shares are traded at one thousandth of a cent, rather than a cent in a public exchange. 
 

Finansinspektionen - Swedish Financial Supervisory Authority - Skandiabanken: Adverse Remark Issued And Administrative Fine Of SEK 10 Million Imposed

Date 26/06/2014

There have been inadequacies in the investment advice that Skandiabanken Aktiebolag has provided through tied agents. The bank has not complied with the rules applicable for receiving commission nor dealt with conflicts of interest in the correct manner. An adverse remark is consequently issued to the bank and an administrative fine of SEK 10 million imposed.

Paweł Tamborski Is Appointed President Of WSE Management Board

Date 26/06/2014

• On 26 June 2014, the General Meeting of Warsaw Stock Exchange has appointed Mr Paweł Tamborski as the President of the WSE Management Board
• On request of a shareholder, the General Meeting has been adjourned until 15 July 2014

CFTC’s Division Of Clearing And Risk Issues No-Action Letter For Korea Exchange, Inc.

Date 26/06/2014

The U.S. Commodity Futures Trading Commission’s (Commission) Division of Clearing and Risk (DCR) today issued a time-limited no-action letter stating that DCR will not recommend that the Commission take enforcement action against Korea Exchange, Inc. (KRX) for failing to register as a derivatives clearing organization (DCO) pursuant to Section 5b(a) of the Commodity Exchange Act (CEA).

Moscow Exchange Supervisory Board Resolutions

Date 26/06/2014

Moscow Exchange’s new Supervisory Board, appointed at the AGM and under its new composition, met for the first time on 26 June.

Luxembourg Stock Exchange To Launch Expanded Data Offering For Average Bond Yields

Date 26/06/2014

On 1 July 2014, the Luxembourg Stock Exchange will release thirty-two new indices for average bond yields.

Moscow Exchange AGM results

Date 26/06/2014

Moscow Exchange held its AGM on 26 June 2014.

Data Now Available For Use Evaluating The Individual Systemic Footprint Of 33 Large U.S. Bank Holding Companies

Date 26/06/2014

The Federal Reserve Board today announced the availability of data that can be used to evaluate the individual systemic footprint of 33 large U.S. bank holding companies.  The data will help to ensure comparability when evaluating the systemic risk profile of each banking organization.

First Non-Trading Broker Admitted At EEX

Date 26/06/2014

With effect from 23 June 2014, EEX admitted OTCex SA, Paris, as first Non-Trading Broker on the EEX Derivatives Markets for Power, Natural Gas, Emissions and Coal. As a Non-Trading Broker, the company is entitled to enter Trade Registration transactions on behalf and in the name of EEX participants in the trading system, without himself being admitted as an exchange participant.

Moscow Exchange: Changes To Order Filling Procedure For OFZ Auctions

Date 26/06/2014

The procedure for filling orders at Finance Ministry OFZ auctions is to change from 2 July 2014. The Finance Ministry"s initiative aims to minimise the risk of non competitive orders being filled at prices that differ significantly from the current market conditions.