News Centre

Sixth Swiss Structured Products Fair Visitors Discover The Potential Of Structured Products

Date 25/10/2012

The sixth Swiss Structured Products Fair, held at the Kongresshaus Zurich on October 24 and 25, 2012, was attended by 2,900 professional and private investors. Jointly organized by the Swiss Structured Products Association (SSPA) and Scoach Switzerland Limited, the event was a chance for visitors to learn first- hand about investment solutions and providers. The programme of speeches, roundtables, knowledge forums, product and theme-based presentations also proved extremely popular.

The Autorité Des Marchés Financiers Draws The Attention Of Investors To The Application On 1st November 2012 Of The European Regulation On Short Selling

Date 25/10/2012

Regulation n° 236/2012 of the European Parliament and the Council of 14 March 2012 on short selling and certain aspects of credit default swaps (the “Short Selling Regulation”) was published in  the Official Journal of the European Union on 24 March 2012. The Short Selling Regulation strengthens and harmonises the rules that apply to short positions in shares and in sovereign debt, and prohibits the purchase of uncovered sovereign CDS. It will apply as from 1st November 2012.

London Stock Exchange: Private Investors Optimistic For Economic Recovery - 63 Per Cent Of Investors Have Positive Outlook For UK Economy Over Next 12 Months - Natural Resources, Technology Sectors See Most Interest - Survey Marks Opening Of Largest Ever London Investor Show

Date 25/10/2012

63 per cent of UK private investors feel optimistic about the UK economy over the next 12 months, up from 47 per cent one year ago, according to a survey of over 1,000 investors by London Stock Exchange and research firm ONVA.

Financial Stability Board (FSB): Progress Note On The Global LEI Initiative

Date 25/10/2012

Following endorsement of the FSB report and recommendations by the G-20, the FSB LEI Implementation Group (IG) has been tasked with taking forward the planning and development work to launch the global LEI system by March 2013. The IG is collaborating closely with private sector experts through a Private Sector Preparatory Group (PSPG) of some 300 members from 25 jurisdictions across the globe.

CME Group Inc. Reports Third-Quarter 2012 Financial Results

Date 25/10/2012

CME Group Inc. (NASDAQ: CME) today reported revenues of $683 million and operating income of $396 million for the third quarter 2012. Net income attributable to CME Group was $218 million and diluted earnings per share were $0.66.

SGX Enhances Transparency Of Clearing House Processes With New Rules And Refinements

Date 25/10/2012

Singapore Exchange (SGX) is consulting the securities and derivatives markets on new rules and refinements to make its clearing and settlement processes more transparent and clearer to market participants.

HKEx Welcomes World's First RMB-traded Equity Security Outside Mainland China

Date 25/10/2012

Hong Kong Exchanges and Clearing Limited (HKEx) welcomes the pending debut next Monday of the first renminbi (RMB)-traded equity security on The Stock Exchange of Hong Kong Limited (the Stock Exchange).  It will be the first RMB-traded equity security outside Mainland China and the Exchange's first dual counter equity security.

Hong Kong's Securities And Futures Commission: Broker Convicted Of Illegal Short Selling

Date 25/10/2012

The Eastern Magistrates Court today convicted a broker after he pleaded guilty to four counts of illegal short selling in the shares of Pacific Plywood Holdings Limited (Pacific Plywood).

Xetra/FWB: Hess AG IPO on the Prime Standard

Date 25/10/2012

Hess AG (ISIN: DE000A0N3EJ6) joined the Prime Standard of the Frankfurt Stock Exchange on 25 October. The placement volume in shares at the IPO totaled 2,645,000. The placement price was €15.50 and the initial listing price €15.60.

NICE Acquires Redkite, Innovative Cloud-Based Trade Surveillance Provider, To Enhance Its NICE Actimize Trading Compliance Solutions

Date 25/10/2012

• Redkite’s expertise in front office trading practices and technology enables rapid deployment with minimal IT investment while providing real-time, intraday surveillance analytics.
• This move supports customers’ initiatives for lowering total cost of ownership and deployment timeframes via direct integration with front-office systems with choice of cloud, on-premise or hybrid deployment.
• The combined solution will leverage unparalleled market expertise in both trading operations and compliance practices to deliver a best-of-breed analytical superset covering equities, fixed income and futures compliance.
• This combination merges NICE Actimize’s tier one on-premise expertise with Redkite’s innovative cloud approach to produce the trade compliance industry’s broadest trade compliance offering that serves financial institutions of all sizes.