News Centre

Chicago Business Barometer Up 7.1 To 63.0 In April

Date 30/04/2014

• New Orders and Production Expand Sharply to Highest Since October
• Employment Rebounds Amid Increased Orders and Production

SEC Charges Utah-Based Retirement Plan Administrator With Defrauding Investors

Date 30/04/2014

The Securities and Exchange Commission today announced fraud charges and an asset freeze against a Utah-based retirement plan administrator who defrauded investors in self-directed individual retirement accounts (IRAs), causing them to lose millions of dollars of savings.

Thomson Reuters Reports First-Quarter 2014 Results - First-Quarter Performance Consistent With Full-Year Expectations

Date 30/04/2014

Thomson Reuters (TSX / NYSE: TRI) today reported results for the first quarter ended March 31, 2014.

• Revenues from ongoing businesses grew 1% before currency to $3.1 billion
• Adjusted EBITDA increased 8% to $820 million with a margin of 26.2%, up from 24.4% in the prior-year period
• Underlying operating profit increased 14% to $528 million with a margin of 16.9%, up from 14.9% in the prior-year period
• Adjusted earnings per share were $0.46 versus $0.38 in the prior-year period, up 21%
• $1.1 billion returned to shareholders through share repurchases and dividends since $1 billion share repurchase program announced in the fourth-quarter of 2013
• 2014 Outlook affirmed

smartTrade Technologies And FXSpotStream Join Forces To Create The 4X|Box - A Combination Of smartTrade’s LiquidityFX Trading Tools And FXSpotStream’s Multibank FX Price Aggregation Service

Date 30/04/2014

FXSpotStream, a consortium owned multibank FX price aggregation service, and smartTrade Technologies, leader in cross-asset liquidity management software and solutions, today announced the launch of the 4X|Box, a joint offering that combines the best of smartTrade’s trading tools and functionality with FXSpotStream’s no cost, bilateral, transparent FX price aggregation Service.

OIC, Saxo Bank Sign Content Sharing Agreement And Announce Options Education Roadshow

Date 30/04/2014

The Options Industry Council (OIC) and Saxo Bank, the online trading and investment specialist, have signed a content sharing agreement making OIC's renowned equity options educational materials available to Saxo Bank’s global client base.

HKEx Report On Initial Public Offering Applications, Delisting And Suspensions, As At 30 April 2014

Date 30/04/2014

HKEX eport on Initial Public Offering Applications, Delisting and Suspensions

Hong Kong's Securities And Futures Commission: Futures Trader Convicted Of False Trading

Date 30/04/2014

The Eastern Magistrates’ Court today convicted a futures trader Mr Ernest Fan Kwong Hung of six offences of manipulating the final calculated opening prices (COP) of index futures contracts.

Association For Financial Markets In Europe Comment On European Court Of Justice Financial Transaction Tax Ruling

Date 30/04/2014

Simon Lewis, Chief Executive, AFME, has issued the following comment on today’s European Court of Justice (ECJ) ruling on the Financial Transaction Tax (FTT): 

“Given the seriously damaging implications of the proposed Financial Transaction Tax, we are disappointed by the European Court of Justice’s decision. However, the judgment is focused on procedural matters, and this has always been a possible outcome."

Hong Kong's Securities And Futures Commission: Market Manipulator Jailed For False Trading

Date 30/04/2014

The Eastern Magistrates’ Court yesterday sentenced Mr Chan Wing Fai to one month’s imprisonment after he was convicted on seven charges of false trading in the shares of Sonavox International Holdings Limited (Sonavox) and PacMOS Technologies Holdings Limited (PacMOS).

TheCityUK: Financial Transaction Tax Is Bad For Savers, Bad For Business And Bad For The European Economy

Date 30/04/2014

TheCityUK comments on Today’s Ruling on the FTT:

The Government was right to bring a case to the European Court of Justice on the proposed Financial Transaction Tax (FTT) given the consequences of its introduction for the UK’s economy.  Today’s ruling from the European Court of Justice enables the UK to restate its case at a later date.  It is better to have pressed the case early than to have missed the opportunity for a legal challenge by delaying the action.