News Centre

UK’s Financial Services Authority: Investment Banker Guilty Of Insider Dealing

Date 15/11/2012

In a prosecution brought by the Financial Services Authority (FSA) Thomas Ammann has pleaded guilty to two counts of insider dealing and two counts of encouraging insider dealing. Ammann will be sentenced on a date to be confirmed.

Fixnetix Deploys Market Data FPGA From NovaSparks For Asperatus Capital - Systematic Hedge Fund trades With Fastest Market Data Feeds

Date 15/11/2012

15^th of November, 2012 Fixnetix, managed services provider for ultra-low latency market data, trading and risk control, announced today long-time customer Asperatus Capital has chosen NovaSparks for deterministic FPGA market data. Fixnetix and NovaSparks are financial technology (FINTECH) vendors servicing investment banks, hedge funds, proprietary trading firms and market makers. Customers such as Asperatus Capital choose to outsource technology based on time savings, ease of integration, bespoke design, expert support and most importantly, low cost of ownership.

Ovum Reveals Compliance And Risk Regulations To Drive Technology Spending In 2013 - Buy Side To Invest In IT To Reduce Dependence On Brokers Whilst Sell Side Will Focus On Product Accounting For More Complex, Multi-Asset Strategies

Date 15/11/2012

A combination of a depressed world economy and tougher regulation will make the financial markets rally to IT in order to underpin more risk-averse business strategies, according to a new report from Ovum*.

Thirteen Thai Stocks Added To MSCI Indices Effective From Nov 30

Date 15/11/2012

The Stock Exchange of Thailand (SET) revealed that MSCI Inc., index provider, would add 13 Thai stocks in its indices, consisting of four Thai stocks -- AOT, BGH, CPN, and MAKRO – added to MSCI Global Standard Indices, and nine Thai stocks -- BAFS, GOLD, LOXLEY, ROJNA, SRICHA, SITHAI, SVI, TK, and VIBHA – added to MSCI Global Small Cap Indices. These changes are as part of MSCI semi-annual index review which will be effective from November 30.

ESMA Publishes An Update Of The List Of Waivers Under MiFID

Date 15/11/2012

This update concerns the pre-trade transparency waiver SK 1.

Press Conference By Ikko Nakatsuka, Japan's Minister for Financial Services

Date 15/11/2012

[Questions & Answers]

Q.

In the U.S. presidential election, President Obama was reelected. As the incumbent president was reelected, the existing financial regulation and other policies are likely to be maintained. What do you think of that?

NSEL Signs A Strategic MoU with Belarusian Universal Commodity Exchange, Republic Of Belarus

Date 15/11/2012

National Spot Exchange Limited (NSEL), India’s largest electronic commodity spot exchange signed an MoU with Belarusian Universal Commodity Exchange (BUCE), the largest Commodity Spot Exchange, Republic of Belarus. The MoU was signed on Wednesday, November 14, 2012 in a function held at Hotel ITC Maurya, New Delhi in the presence of a delegation from the Republic of Belarus led by His Excellency Dr. Mikhail Myasnikovich, Hon’ble Prime Minister of the Republic of Belarus.

EEX Expands Transparency Platform With Generation Data From Bulgaria - Companies Use Transparency Platform To Fulfil REMIT Requirements

Date 15/11/2012

The European Energy Exchange (EEX) will expand the“Transparency in Energy Markets” platform with the publication of generation data from Bulgaria. As a result, power generation data from Bulgaria will be provided on the www.transparency.eex.com internet platform in the future.

TheCityUK: Downturn In UK Competitiveness Tracker In Q3 2012, But Some Positive Indicators Remain

Date 15/11/2012

TheCityUK’s latest UK Competiveness Tracker showed a downturn during the third quarter of 2012 with ten indicators falling and six rising. The general picture is that many indicators remain at a low ebb, including credit availability to non-financial businesses; turnover of UK equities; mergers and acquisition activity in Europe; and derivatives turnover at NYSE Liffe. New job vacancies in financial services have also fallen to a low point, and while FSA authorisations of people and firms picked up slightly during the quarter they remain well down on five years ago.

Eurex Clearing Launches EurexOTC Clear For Interest Rate Swaps - New OTC Clearing Service Successfully Went Live On 13 November 2012 - Launch Was Supported By 10 Clearing Members- First Transactions Successfully Cleared - Strong Client Asset Protection And High Capital Efficiency Through Portfolio Risk Management

Date 15/11/2012

Eurex Clearing, Europe’s leading clearing house, announced today that EurexOTC Clear for Interest Rate Swaps (IRS) successfully went live on 13 November 2012. The launch was supported by Eurex Clearing’s cooperation banks Barclays, Citigroup Global Markets Ltd., Credit Suisse, Deutsche Bank and J.P. Morgan. In addition, Commerzbank, HSBC, Royal Bank of Scotland, UBS and Basler Kantonalbank joined the service for the production start. All ten members have successfully cleared their first transactions via EurexOTC Clear for IRS. BNP Paribas, Goldman Sachs, Morgan Stanley, Nomura, NORD/LB, Société Générale and further market participants are preparing to join the service as clearing members. The support from major OTC dealers and Eurex Clearing’s timely launch facilitate preparations for the onboarding of buy-side clients ahead of the start of the clearing obligation in Europe, which is anticipated to commence in the second half of 2013.