News Centre

The UK Financial Conduct Authority Publishes Latest Review Of Sales Incentives At Retail Financial Services Firms

Date 04/03/2014

All the major retail banks have either replaced or made substantial changes to financial incentive schemes, which played such a major role in the mis-selling scandals of recent years, the Financial Conduct Authority (FCA) revealed today. In its latest review of incentives schemes, the FCA found significant improvements at many firms of all sizes but identified a number of areas common across the industry where further work was needed.

The review found that around one-in-ten firms with sales teams had higher-risk incentive schemes and appeared not to be managing the risk properly. The FCA finalised its guidance on financial incentives in January 2013 and has since been working with the industry, with most large and medium sized firms committing to further improvements following the latest review.

Nordic Growth Market NGM AB: February Turnover Exceeds 4.9 Billion SEK (562 Million Euro) At NGM

Date 04/03/2014

January was a very strong month for Nordic Growth Market NGM and February follows that trend. The total turnover for February 2014 exceeded all of 4.9 billion SEK (562 million Euro) which, on the Swedish market,represents an increase of 30 percent compared to February last year.

Presentation By HKEx Chief Executive Charles Li At HKEx Group Annual Media Luncheon

Date 04/03/2014

Click here to download a presentation by HKEx Chief Executive Charles Li at HKEx Group Annual Media Luncheon.

Investment Managers Examine The Future Of Buy-Side Dealing - Fidessa Paper Explores The Relevance Of The Buy-Side Dealing Desk In Today's Marketplace

Date 04/03/2014

Fidessa group plc (LSE: FDSA) has today published a discussion paper, View From The Top, in which a group of senior representatives from investment management firms look at the systemic changes that have taken place across their industry and the impact of these on the buy-side dealing desk.

HKEx On Market Integrity Initiatives

Date 04/03/2014

1.    What is your plan to introduce circuit breakers to Hong Kong market?

We are in a constantly evolving industry, so we have to stay alert continuously for changes that may require new mechanisms to maintain market integrity aswell as to maintain our competitiveness versus other exchanges.

Thai Bourse Supports Investment In Social Enterprise

Date 04/03/2014

The Stock Exchange of Thailand (SET) encourages listed companies and investors to realize the importance of social investment through using social enterprise (SE) models in an effort to tackle social and environmental problems and promote sustainability. This is also part of SET’s long-term capital market development plan.

HKEx To Enhance Its RMB Currency Futures With After-hours Trading And Other Changes

Date 04/03/2014

Hong Kong Exchanges and Clearing Limited (HKEx) will add renminbi (RMB) currency futures – the world’s first deliverable RMB currency futures – to after-hours trading from 7 April this year.  On the same day, HKEx will also introduce the fourth calendar quarter to the product’s contract months and add more calendar spreads.

N2EX Clearing And Operations To Transfer From NASDAQ OMX To Nord Pool Spot

Date 04/03/2014

The partners in the UK power market N2EX - NASDAQ OMX and Nord Pool Spot - have agreed on the transfer of the short-term physical market clearing and operations portion of the N2EX business. The transaction, which is expected to be completed by October 1, 2014, will give Nord Pool Spot sole ownership of N2EX, the UK’s leading power market by volume, while NASDAQ OMX will remain the operator of the financial power market

Hong Kong's Securities And Futures Commission Bans Chak Tsz Hoi For life

Date 04/03/2014

The Securities and Futures Commission (SFC) has banned Mr Chak Tsz Hoi, a former employee of Bank of East Asia, Limited (BEA), from re-entering the industry for life.

Dalian Commodity Exchange: PP Futures Makes Hot Debut

Date 04/03/2014

Without plaque-unveiling, gong ceremony or press conference, on the morning of February 28, the polypropylene (PP) futures contracts were listed on Dalian Commodity Exchange (DCE) with a low profile. It is the first approved new product listed on the domestic futures market in the Year of Horse, increasing the number of the petrochemical futures products listed on DCE to 3 and the number of total products listed on DCE to 15. The representatives of the petrochemical industry attending the “Forum on Listing of PP Futures and Plastics Futures Serving Real Economy” in Dalian witnessed the opening and trading of the PP futures at the trading floor of DCE.