News Centre

Tokyo Commodity Exchange To Change "Top 10 Volume By Member"

Date 31/07/2013

TOCOM publishes the "Top 10 Volume by Member" report, which contains information on the members holding 10 largest trade volumes, with the name of each member and the number of trade volume (the total of buy and sell transactions) for each commodity.

Alternative UCITS, 2Q 2013 Update - MondoAlternative

Date 31/07/2013

Main findings

• Alternative UCITS inflows in 2Q 2013: +6 Euro billion, Single managers; +137 Euro million, Fund of funds
• 103.7 Euro billion of total assets under management monitored, up from 96.1 Euro billion at end of March 2013;
• Fixed income is still the largest contributor to the growth of the sector: +3.9 Euro billion of inflows in 2Q 2013 (+8.7 billion in 2013 until June.

Dubai Financial Market Successfully Concludes Its Summer Training Program 2013 -The Program Offered 25 Emarati Students The Opportunity To Sharpen Their Skills And Plan For Their Future Career

Date 31/07/2013

Dubai Financial Market (DFM) successfully concluded its Summer Training Program with the participation of 25 Emarati students represent several schools and universities in the UAE. 

London Stock Exchange Group Selected As Development And Technology Partner For Caja De Valores S.A., Argentinian CSD - MillenniumIT To Provide Capital Markets Technology - LSEG And Caja De Valores S.A. (CVSA) To Develop Business And Technology Partnership

Date 31/07/2013

London Stock Exchange Group today announced that it has been selected as the business development and technology partner by the Argentinian Central Securities Depository (CSD), Caja de Valores S.A. (CVSA). CVSA acts as the technology provider to the newly formed Bolsa & Mercados Argentinos exchange (B&MA). MillenniumIT, LSEG’s proprietary technology company, will supply capital markets technology across asset classes, including its ultra low latency, highly scalable trading platform, Millennium Exchange.

State Street Report Takes The Pulse Of Buy-Side Firms Mandated To Clear OTC Derivatives - State Street’s SwapEx Files Registration With The CFTC To Become A Multi-Asset Swap Execution Facility

Date 31/07/2013

Buy-side firms are unprepared for new trading mechanisms, costs and increased complexity and should partner with established providers to adapt to an evolved OTC derivatives marketplace, according to research commissioned by State Street Corporation (NYSE: STT). The new research paper, “From Readiness to Revolution: The Implementation and Impact of Derivatives Clearing Regulatory Reform,” provides insight into preparations for swap execution facilities (SEFs), central clearing, collateral management and reporting.

Global Board Of Trade Launches Silver Spot CFD Contract

Date 31/07/2013

Global Board of Trade (GBOT), the first international multi‐asset bourse from Mauritius has announced that the GBOT SILVER SPOT CFD contract has gone live for trading on Monday, 29th   July 2013. This precious metal CFD contract, launched three months after GBOT became the 1st  exchange in Africa to have successfully introduced exchange traded CFDs, signifies the exchange’s commitment towards product innovation.

U.S. Senate Banking Committee Chairman Tim Johnson Statement On Financial Markets Oversight Hearing

Date 31/07/2013

Yesterday, Senate Banking Committee Chairman Tim Johnson (D-SD) held a hearing titled “Mitigating Systemic Risk in Financial Markets through Wall Street Reforms.” The Committee heard from SEC Chair Mary Jo White, and CFTC Chairman Gary Gensler.

Chairwoman Stabenow - U.S. Senate Committee On Agriculture, Nutrition And Forestry - Presses CFTC To Review Alleged Manipulation Of Aluminum Market

Date 31/07/2013

Senator Debbie Stabenow (D-MI), Chairwoman of the U.S. Senate Committee on Agriculture, Nutrition and Forestry, yesterday called on the Commodity Futures Trading Commission to clarify the role and responsibility of the agency in addressing recent allegations that owners of U.S. warehouses, overseen by a UK-based commodity exchange, are intentionally slow-walking the delivery of purchased aluminum to profit from storage fees. The allegations also charge that these owners are distorting the market price of aluminum to their advantage. News reports and congressional testimony have indicated that consumers are bearing the brunt of skewed market prices for aluminum, paying billions dollars more a year for goods from canned beverages to cars because of price distortion.

Expansion Of ASX Equity Research Scheme

Date 31/07/2013

ASX is expanding the ASX Equity Research Scheme for a further 12 months starting today, with funding doubled to $2 million and with the participation of more research providers (17), covering more companies (approximately 1,314).

New Zealand's Financial Markets Authority: Chair For Financial Adviser Code Committee Re-Elected

Date 31/07/2013

The Code Committee for Authorised Financial Advisers (AFAs) has re-elected David Ireland as Chair for the next 12 months.