News Centre

SEC Charges Sarasota-Based Private Fund Manager With Stealing Investor Money And Conducting Ponzi Scheme

Date 21/05/2014

The Securities and Exchange Commission today charged a Sarasota, Fla.-based private fund manager with defrauding investors in a Ponzi scheme that ensued after he squandered their money on bad investments and personal expenses.

DataArt Expands To Western Ukraine And Poland To Support Rapid Growth

Date 21/05/2014

DataArt, a custom software development partner for select industries, has kicked off a stellar year, signing 23 new clients worth more than $4M in new revenue commitments since the beginning of 2014. Client growth has been broad-based, with six new signings in travel and hospitality, eight in financial services, and two in media, clean techand healthcare respectively. To support the company’s business growth, DataArt is expanding its Eastern European operations, to the cities of Lviv in Western Ukraine and Lublin in Poland. The company is also considering adding an Asia or Latin American office to its global network in the future.

Opening Statement Of CFTC Commissioner Scott D. O’Malia, Meeting Of The Global Markets Advisory Committee

Date 21/05/2014

I thank Acting Chairman Wetjen for calling this meeting to discuss the importance of mutual recognition under principles of international comity.

AMF Launches Public Consultation On Amendments To Takeover Bid Rules In Book II Of The General Regulation

Date 21/05/2014

The Autorité des Marchés Financiers (AMF) has put out to public consultation a set of amendments to the rules on takeover bids in Book II of its General Regulation.

Commissioner Barnier Welcomes The Signature Of The Intergovernmental Agreement (IGA) On The Single Resolution Fund

Date 21/05/2014

Today, 26 Member States have signed the Agreement on the transfer and mutualisation of contributions to the Single Resolution Fund (SRF), an essential part of the Single Resolution Mechanism (SRM) - STATEMENT/14/119. This is an important signal of the commitment of Member States, to make the banking union a success.

Liffe To Launch FTSE 100 Equally Weighted Index Futures - ‘Smart Beta’ Indices Available Via Bclear

Date 21/05/2014

IntercontinentalExchange Group (NYSE: ICE), the leading global network of exchanges and clearing houses, todayannounced that Liffe will introduce futures based on the FTSE 100 Equally Weighted Net Total Return (NTR) Index.

UK's Financial Conduct Authority Statement On R v Crawley & Others (Southwark CC)

Date 21/05/2014

The Financial Conduct Authority (FCA) welcomes the Court of Appeal’s decision in the case of Crawley and others.

ECC And Gaspoint Nordic Plan To Start New Partnership

Date 21/05/2014

European Commodity Clearing AG (ECC) and the Danish Gas Exchange Gaspoint Nordic A/S (Gaspoint Nordic) are planning to cooperate in the clearing sector. In the context of this cooperation, ECC will offer clearing and settlement services for the natural gas products traded at Gaspoint Nordic, potentially as soon as October 2014.

Thai Alternative Bourse’s Listed Firms Report 11.93% Sales Increase In Q1

Date 21/05/2014

• Combined sales up 11.93 pct to THB 28.5 bln
• Rising operation costs led to decline in overall net profits
• EA, CRANE, AIE, BROOK and UEC post largest net profits

Investec Structured Deposits Have Delivered 6.3% Per Annum Average Maturity Returns - Past Performance Data Suggests Structured Deposits Can Provide Better Returns Than Cash Deposits

Date 21/05/2014

Past performance data from Investec Structured Products shows returns from their structured deposits with a kick-out feature have outperformed savings bond rates since 2010, with average returns of 6.3% per annum, according to Investec Structured Products (ISP), the leading structured products specialist in the UK1.