News Centre

Irish Stock Exchange’s GEM Market Approved By ECB For Eurosystem Monetary Policy

Date 05/02/2013

The Irish Stock Exchange’s Global Exchange Market (GEM) has been approved by the European Central Bank (ECB) as an acceptable non-regulated market for the Eurosystem’s monetary policy.

Department Of Justice Sues Standard & Poor’s For Fraud In Rating Mortgage-Backed Securities In The Years Leading Up To The Financial Crisis - Complaint Alleges That S&P Lied About Its Objectivity And Independence And Issued Inflated Ratings For Certain Structured Debt Securities

Date 05/02/2013

Attorney General Eric Holder announced today that the Department of Justice has filed a civil lawsuit against the credit rating agency Standard & Poor’s Ratings Services alleging that S&P engaged in a scheme to defraud investors in structured financial products known as Residential Mortgage-Backed Securities (RMBS) and Collateralized Debt Obligations (CDOs). The lawsuit alleges that investors, many of them federally insured financial institutions, lost billions of dollars on CDOs for which S&P issued inflated ratings that misrepresented the securities’ true credit risks. The complaint also alleges that S&P falsely represented that its ratings were objective, independent, and uninfluenced by S&P’s relationships with investment banks when, in actuality, S&P’s desire for increased revenue and market share led it to favor the interests of these banks over investors.  

Finansinspektionen: New Regulations Regarding Covered Bonds

Date 05/02/2013

Finansinspektionen is deciding on new regulations and general guidelines regarding covered bonds. The new regulations and general guidelines will enter into force on 1 July 2013, at which time the current regulations and general guidelines will be repealed.

Powernext Successfully Launched TTF Natural Gas Contracts

Date 05/02/2013

After four years of successful development of its gas activities in France, Powernext has extended its products offering with TTF Futures contracts as well as cleared geographical PEG Nord / TTF spreads. These products were launched on Friday 1st February 2013.

ESMA Publishes Responses To Consultations On The AIFMD

Date 05/02/2013

The responses to the consultations on draft RTS on types of AIFMs and on Guidelines on key concepts of AIFMD have been published today.

Tokyo Commodity Exchange Gold All-time High Renews For 4 Consecutive Days

Date 05/02/2013

The Tokyo Commodity Exchange, Inc, announced that its December 2013 Gold futures contract (most active/back contract month) temporarily reached 5,010 yen per gram during today’s session renewing the highest price recorded since the listing of gold futures contract at TOCOM on March 23, 1982 for the four consecutive days. Since the beginning of this year, gold price (settlement price) has advanced 6.8 percent. Daily trading volume of Gold futures (standard) was 88,333 contracts (including 60,413 contracts traded for December 2013 contract) and that of the entire TOCOM market was 165,931 contracts today.

ICAP Electronic Broking Volumes Up 17% Year-On-Year - Spot FX Volumes Up 22% Year-On-Year

Date 05/02/2013

ICAP (IAP.L), the world’s leading interdealer broker and provider of post trade risk and information services, announces today that average daily volumes on the BrokerTec and EBS platforms for January 2013 were $767.9bn, 17% higher than in January 2012.

Deutsche Börse: Preliminary Adjusted Net Income Of Around €660 Million In 2012 - Dividend Per Share Of €2.10 Targeted For 2012 - Efficiency Measures With A Volume Of €70 Million Per Annum Planned - Multi-Year Investment Program Will Be Continued

Date 05/02/2013

Deutsche Börse Group’s preliminary net revenue in 2012 amounted to around €1,930 million. Preliminary operating costs adjusted for special items stood at around €920 million, in-line with the company’s guidance. The adjusted preliminary EBIT amounted to around €1.0 billion and the adjusted preliminary net income to around €660 million.

NYSE Euronext Announces Fourth Quarter And Full-Year 2012 Financial Results - Fourth Quarter GAAP Diluted EPS Of $0.12 Vs. $0.43 In Prior Year - Non-GAAP Diluted EPS Of $0.43 Vs. $0.50 Excluding Merger Expenses, Exit Costs And Other Discrete Items - Global Leader In IPOs In 2012 For Second Consecutive Year - Announced Acquisition By ICE Presents Opportunity To Create Global Player And Risk Management Leader - Separate Clearing Agreement With ICE Designed To Ease Transition For Clients - $115 Million In Project 14 Savings Achieved In 2012

Date 05/02/2013

Financial and Operating Highlights^{1, 2}

• Diluted EPS of $0.43, down from $0.50 in 4Q11
• Net revenue of $562 million, down 11%, including $4 million negative FX  impact
• Fixed operating expenses of $392 million, down 9% on a constant  dollar / portfolio basis
• Operating income of $170 million, down 20%, including $3 million  negative FX impact
• Repurchased 1.1 million shares at average price of $24.67 in 4Q12 and  17.0 million shares in FY 2012
• Board declares first quarter 2013 cash dividend of $0.30 per share

Thai Bourse Prepares Companies To Adopt ASEAN CG Scorecard

Date 05/02/2013

The Stock Exchange of Thailand (SET) announces the revision of its corporate governance (CG) principles to be in line with ASEAN CG Scorecard and prepare Thai listed companies to be recognized in CG when the ASEAN Economic Community (AEC) starts in 2015.