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  • Amman Stock Exchange Starts Working With Daylight Saving Time

    Date 30/03/2014

    Jordan switched to summertime (Daylight Saving Time) on Friday, March 28. Clocks were set forward by 60 minutes as of midnight Thursday, March 27, making the Kingdom time three hours ahead of the Greenwich Mean Time (GMT+3).

  • SIFMA Comments On Margin Requirements For The TBA Market

    Date 29/03/2014

    SIFMA today submitted comments to the Financial Industry Regulatory Authority (FINRA) regarding FINRA’s proposed amendments to FINRA Rule 4210 to establish margin requirements for transactions in the “to-be-announced” (“TBA”) market (the “Proposed Amendments”). SIFMA submitted two parallel letters: a general SIFMA letter focused on the impact to FINRA member firms, and one from SIFMA’s Asset Management Group (AMG) that highlights specific insight and feedback from the buy-side community.

  • New York Attorney General Eric T. Schneiderman Applauds President Obama’s Plan To Reduce Methane Emissions In Oil And Gas Industries

    Date 28/03/2014

    The following statement is attributable to Attorney General Eric T. Schneiderman on today’s release of President Obama’s “Climate Change Action Plan to Reduce Methane Emissions”: 

  • IMF Completes Third Review Under The Extended Fund Facility For Cyprus And Approves €83.3 Million Disbursement

    Date 28/03/2014

    The Executive Board of the International Monetary Fund (IMF) today completed the third review of Cyprus’s performance under an economic program supported by a three-year, SDR 891 million (about €1 billion, or US$1.4 billion) extended arrangement under the Extended Fund Facility (EFF). The completion of this review enables the disbursement of SDR 74.25 million (about €83.3 million, or US$114.6 million), which would bring total disbursements under the arrangement to SDR 297 million (about €333.2 million, or US$458.5 million). The Executive Board also approved the modification of end-March fiscal performance criteria.

  • S&P Dow Jones Indices Announces Changes To The S&P/TSX Canadian Indices - A Deletion From The S&P/TSX Preferred Share Index

    Date 28/03/2014

    S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:

    Brookfield  Asset  Management  Inc.  (TSX:BAM.A)  has  announced  that  it  will  redeem  for $CDN26.00 cash (plus accrued and unpaid dividends) per share all of the outstanding shares of its Brookfield Asset Management 5.40% Class A Preferred Shares Series 12 (TSX:BAM.PR.J) atthe close on April 4, 2014. The shares of this issue will be removed from the S&P/TSX Preferred Share and the S&P/TSX North American Preferred Stock Indices after the close of trading onFriday, April 4, 2014.

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