News Centre

IMF Managing Director Christine Lagarde Meets President Xi Jinping, Other State Leaders, And Participates In Boao Forum For Asia

Date 08/04/2013

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF) today made the following statement in Boao, Hainan Province:

“It has been a great pleasure to be back in Asia and in China, on the occasion of the 2013 Annual Conference of the Boao Forum for Asia. I had the privilege of meeting with President Xi Jinping, the Sultan Hassanal Bolkiah, Prime Minister Julia Gillard, Prime Minister John Key, and other Asian leaders and officials."

Shanghai Stock Exchange: Notice Of Releasing “SSE Measures On Management of Raised Funds Of Listed Companies (Revised In 2013)”

Date 08/04/2013

The Shanghai Stock Exchange (SSE) has amended the “SSE Measures on Management of Raised Funds of Listed Companies” (the “Measures”) according to the “No. 2 Regulatory Guidelines of Listed Companies: Regulatory Requirements for Management and Use of Listed Companies’ Raised Funds” (CSRC Announcement [2012] No. 44 Document) promulgated by the China Securities Regulatory Commission (CSRC), in a bid to further standardize the use and management of listed companies’ raised funds, elevate the efficiency of using raised funds, and protect legal rights and interest of investors. The SSE hereby releases the amended “Measures”, which shall be put into effect as of the release day, and all listed companies are expected to abide by it.

HKEx Welcomes OTC Clear Founding Shareholders

Date 08/04/2013

Hong Kong Exchanges and Clearing Limited (HKEx) today officially welcomed 12 financial institutions that will join OTC Clearing Hong Kong Limited (OTC Clear), a clearing house HKEx established for the purpose of providing clearing services for over-the-counter (OTC) derivatives, as founding shareholders. This brings the business one step closer to the planned commencement of operations in first half of 2013, subject to the final approval of the Securities and Futures Commission (SFC).

Shanghai Stock Exchange: Corporate Subdivision Bond Index Series To Be Launched

Date 08/04/2013

Designed to characterize the corporate bonds’ prices variation tendency in many ways as well as to serve as new investment analysis tools and performance evaluation benchmarks for bond investors, CSI today announced the upcoming launch of SSE Corporate Subdivision Bond Index Series on May 3rd 2013. The methodology are as followed.

New "CBOE Options Hub" Designed For Active Market Participants - New Home Of CBOE's Industry-Leading Social Media Forum Provides Latest Options News And Commentary

Date 07/04/2013

The Chicago Board Options Exchange (CBOE) today launched its new "CBOE Options Hub" (www.cboeoptionshub.com) -- a comprehensive platform designed to be the "hub" of CBOE's industry-leading social media program and the definitive online source for up-to-the-minute news and views from the options community.

ICAP Warns On Potential Impact Of Financial Transactions Tax

Date 07/04/2013

ICAP plc (IAP.L), the world’s leading interdealer broker and provider of post trade risk and information services today releases its analysis of the potential impact of implementing a financial transactions tax (FTT).

Abu Dhabi Securities Exchange To Further Enhance DVP

Date 07/04/2013

Abu Dhabi Securities Exchange (ADX) announced that it is continuing the process of enhancing Delivery Versus Payment (DVP) model, which ADX launched in May of 2011, through applying Buyer Cash Compensation (BCC) settlement procedure.  The new procedure, which will take effect in May 2013, means that a buying investor will be paid cash compensation in the unlikely event where securities are unavailable for delivery to the buying investor on settlement date.

Doha Global Investment Will Be Offered For Public Subscription During May

Date 06/04/2013

Dr. Hussain Ali Al Abdulla, Chairman of the Qatar Exchange Board of Directors, stated that the shares of the Doha Global Investment Company will offered to public subscription during May and will be listed for trading on Qatar Exchange following the completion of the subscription and the subsequent allocation processes, all the technical procedures and after obtaining the regulatory approvals required thereon.

CFTC’s Division Of Market Oversight And Division Of Clearing And Risk Issue Joint No-Action Relief For Swaps Between Affiliated Counterparties From Certain Swap Reporting Requirements

Date 06/04/2013

The Commodity Futures Trading Commission’s (“Commission”) Division of Market Oversight and Division of Clearing and Risk (“Divisions”) today issued no-action relief for swaps entered into between affiliates of certain wholly-owned and majority-owned market participants from the requirement to report their intra-group swaps to a registered swap data repository (“SDR”), under parts 45, 46, and regulation 50.50(b) of the Commission’s regulations, subject to several conditions.

Standard & Poor's Ratings Services: Ratings On The United Kingdom Affirmed At 'AAA/A-1+' - Outlook Remains Negative

Date 06/04/2013

• The U.K. government continues to benefit from its exceptional monetary flexibility and its strong and tested institutions, in our opinion.
• We believe that the government will implement its fiscal mandate and that it has the ability and willingness to respond rapidly to economic  challenges.
• We are therefore affirming our 'AAA/A-1+' unsolicited sovereign credit ratings on the U.K.
• The outlook remains negative, reflecting our view of at least a one-in-three chance that we could lower the ratings if the U.K.'s economic and fiscal performances were to weaken beyond our current expectations.