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Press Conference By Taro Aso, Japan’s Deputy Prime Minister, Minister Of Finance, And Minister For Financial Services

Date 16/01/2013

(Excerpt)

(Tuesday, January 8, 2013, from 11:23 a.m. to 11:40 a.m.)

Thai Bourse Rolls Out 2013 Plan After Great Success In 2012

Date 16/01/2013

• Aims to boost 96,600 securities accounts and 22,000 more derivatives accounts in 2013
• Seeks to grow market cap by THB 120 bln from IPO, sees firms to raise THB 100 bln
• Enhances new products; expands infrastructure fund, REITs; expands into holding firms
• Improves cooperation with Greater Mekong Subregion (GMS) and ASEAN to build new opportunities and regional linkage
• Enhances corporate governance (CG) and corporate social responsibility (CSR) to empower Thai firms to reach Dow Jones Sustainability Index (DJSI) standard
• Upgrades risk management process, develops derivatives market and clearing system   

HKEx: Stock Exchange Participants' Market Share Report

Date 16/01/2013

HKEx: Stock Exchange Participants' Market Share Report 

Newly Launched Dynamic VSTOXX Indices Licensed To Barclays

Date 16/01/2013

STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced that the newly launched Dynamic VSTOXX and Dynamic VSTOXX Net Of Costs indices have been licensed to the Investment Bank of Barclays. The new indices provide an enhanced exposure to European volatility through the VSTOXX futures by applying a dynamic allocation strategy aimed at identifying the most rewarding – and yet at the same time less risk-prone– combination of short- and mid-term futures.

UK’s Financial Services Authority Publishes Guidance To Help Firms Avoid Poorly Managed Incentive Schemes That Drive Mis-Selling

Date 16/01/2013

The Financial Services Authority (FSA) has published final guidance that will help financial firms avoid creating and operating incentives schemes that drive mis-selling.

Maitland Selects Milestone Group’s pControl For Enhanced Multi-Manager Service - Solution Brings Global Multi-Manager Capability To The South African Fund Administration Market

Date 16/01/2013

Milestone Group, the specialist provider of optimised fund processing solutions to the global funds industry, has today announced that international fund administrator Maitland, has selected its pControl platform to enable it to provide an enhanced administration service to multi-manager clients in South Africa.

Liquidity Alliance Launched To Address Global Collateral Crunch - The Initial Members Of The Liquidity Alliance Are ASX (Australia), Cetip (Brazil), Clearstream (Frankfurt/Luxembourg), Iberclear (Spain) And Strate (South Africa) - The Goal Of The Liquidity Alliance Is To Exchange Information, Identify Common Needs And To Extend Global Collateral Solution - Liquidity Alliance Will Be A Dynamic Forum And Open To Additional Participants From All Regions

Date 16/01/2013

The financial crisis in 2007/2008 prompted regulators to make risk avoidance their top priority which they then backed with a portfolio of new legislation. The consequence of the Dodd-Frank Act, EMIR, CRD IV and other regulations will be to leave the financial services industry short of liquidity and collateral at a time when new capital rules make banks unwilling to lend. According to April 2012 estimates by the Basel Committee on Banking Supervision, banks in Europe alone are facing an aggregate shortfall of stable funding of EUR 2.78 trillion in fulfilling the additional liquidity requirements of Basel III. Additionally, the IMF reported in April 2012 that sovereign downgrades would reduce the supply of general collateral by USD 9 trillion by 2016. Sourcing collateral is therefore a truly global issue for the industry now and for the years to come.

Gold Price Advancement Continues On Tokyo Commodity Exchange

Date 16/01/2013

Tokyo Commodity Exchange, Inc, announced that its December 2013 Gold futures contract (back contract month) temporarily reached 4,828 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 in the three consecutive business days after January 11, 2013. Daily trading volume of Gold futures (standard) was 84,840 contracts (including 68,082 contracts traded for December 2013 contract) and the entire TOCOM market to 163,093 contracts.

MKS Selects smartTrade’s Liquidity Management System For Precious Metals Pricing - smartTrade’s Technologies Provides Customer And Dealer Pricing, Order Management And Smart Order Routing

Date 16/01/2013

smartTrade Technologies today announced that MKS (Switzerland) SA (MKS) has selected smartTrade’s Liquidity Management System (LMS) to handle its physical customer pricing. The system will provide end-to-end market connectivity, pricing configuration and distribution, order management and smart order routing.

TMX Atrium Upgrades Infrastructure Across London To 10Gbps

Date 16/01/2013

TMX Atrium, provider of smarter infrastructure solutions for the financial community, today announced that it has enhanced its ultra-low latency connectivity infrastructure across Europe.  The 10-gigabits-per-second (Gbps) capacity has been added in response to anticipated customer demand for flexible and scalable connectivity to multiple markets across London and Europe and into Russia.