News Centre

Lahore Stock Exchange Consistent In Declaring Cash Dividend To Its Shareholders

Date 30/10/2013

The Board of Directors of Lahore Stock Exchange Ltd. (LSE) in its meeting held today has declared an Interim Cash Dividend for the 1st Quarter ended September 30, 2013 @ Rs. 0.25 per share i.e. 2.5%. The book closure for this entitlement shall be announced separately. In this way, an amount of Rs. 32,071,050/- shall be distributed to the shareholders of the Exchange holding 128,284,200 ordinary shares of Lahore Stock Exchange. It is pertinent to note that the total Income of the Exchange after tax for the period from July to September, 2013 was Rs. 33,622,665/-.

Warsaw Stock Exchange Group In Q3 2013: New Services And Products Drive Growth Of Value Of The Company And The Polish Capital Market

Date 30/10/2013

• Net profit: PLN 26.0 million, an increase of 53% quarter on quarter, stable year on year.
• Revenue: PLN 69.0 million, an increase of 7% quarter on quarter and 5% year on year.
• EBITDA: PLN 38.8 million, an increase of 23% year on year and 4% quarter on quarter.
• Subscription for Aquis Exchange shares: internationalisation of WSE’s strategy
• WIG30: a new blue-chip index to replace WIG20
• New products and services: co-location, bonds and WIBOR derivatives, OTC commodity trade platform
• Supporting liquidity: new multiplier of futures contracts, High Volume Provider programme.

EPEX SPOT Publishes Q & A On Negative Prices

Date 30/10/2013

In order to maximize transparency and comprehensibility of its markets, the European Power Exchange EPEX SPOT has published a

Q & A on negative prices on its website

PKP CARGO’s Public Offering: This Year’s Biggest IPO On Warsaw Stock Exchange

Date 30/10/2013

• PKP CARGO’s PLN 1.42 bn public offering is this year’s biggest IPO on WSE
• WSE listing of the EU’s second biggest railway cargo carrier confirms the position of Warsaw as a regional financial hub

Martin Wheatley Calls For Greater Transparency In The Asset Management Sector At The 2013 UK’s Financial Conduct Authority Asset Management Conference

Date 30/10/2013

Martin Wheatley, chief executive of the Financial Conduct Authority (FCA), today calls for greater transparency to boost the reputation of the asset management sector and a frank and open discussion on how and where dealing commission is spent.

Misys Appoints Martin Häring As Its Chief Marketing Officer - New CMO Joins Misys To Reinforce Marketing To Underpin The Future Growth Of The Business

Date 30/10/2013

Misys has announced that Martin Häring has joined Misys as Chief Marketing Officer. He joins the business from the cloud-based content and application delivery network provider, Akamai, where he was Vice President Marketing and Channels.

Shanghai Stock Exchange: Notice Of Soliciting Public Opinions On “SSE Guidance (Draft) For Operation Of Audit Committees Under Listed Companies’ Directorates”

Date 30/10/2013

The Shanghai Stock Exchange (SSE) has formulated the “SSE Guidance (Draft) for Operation of Audit Committees under Listed Companies’ Directorates” (the “Guidance for Operation” for short, see Attachment 1), the Remarks on Drawing up the “Guidance for Operation” (see Attachment 2), and the Remarks on Significant Issues for Soliciting Public Opinions (see Attachment 3), in order to propel the corporate governance of listed companies and standardize the operation of audit committees under listed companies’ directorates. And the SSE hereby solicits opinions from the public.

Financial Stability Board RCG Asia Fifth Meeting In Tokyo On 30 Oct 2013

Date 30/10/2013

The FSB Regional Consultative Group for Asia held its fifth meeting on 30 October in Tokyo, Japan. The group is co-chaired by Mr Masamichi Kono, Vice Commissioner for International Affairs at the Financial Services Agency of Japna and Mr Amando Tetangco, Governor, Bangko Sentral ng Pilipinas. Membership includes financial authorities from Australia, Cambodia, China, Hong Kong SAR, India, Indonesia, Japan, Korea, Malaysia, New Zealand, Pakistan, Philippines, Singapore, Sri Lanka, Thailand and Vietnam.

GBOT Is Now BOURSE AFRICA

Date 30/10/2013

Global Board of Trade Ltd. (GBOT), the first international multi-asset class exchange from Mauritius will now be known as BOURSE AFRICA LIMITED (BOURSE AFRICA). The change in the name symbolizes the larger focus of the exchange towards Africa and the opportunities offered by the African Financial and Commodities Markets.

Why SGX Suspends, Designates And Investigates

Date 30/10/2013

SGX has been asked about the differences in regulatory actions taken in the case of Sky One Holdings Limited and in the case of Asiasons Capital Limited, Blumont Group Ltd and LionGold Corp Ltd. Our explanation is given below. We would also refer readers to our regulatory announcement of 25 October 2013 on “SGX corrects misconceptions.”