News Centre

OIC And CISI Content Sharing Agreement Expands Access To Options Trading Education

Date 28/06/2012

The Options Industry Council (OIC) and the Chartered Institute for Securities & Investment (CISI) have signed a content sharing agreement making OIC's renowned equity options educational materials available to CISI's global membership.

TriOptima Captures 90% Of Collateralized OTC Derivatives On triResolve As ISDA Reports Daily Reconciliation Of OTC Portfolios Grows For Both Large And Small Firms

Date 28/06/2012

TriOptima announced that its counterparty exposure management service, triResolve, regularly reconciles 6.3 million OTC derivative trades representing 90% of the collateralized OTC derivatives market. In its recently-published ISDA Margin Survey 2012, respondents indicated that daily reconciliations increased from 31% to 47% for all firms, and from 61% to 71% for large firms primarily due to adoption of the triResolve service.

British Bankers’ Association LIBOR Statement - Thursday 28 June

Date 28/06/2012

The BBA said: 

"The British Bankers’ Association is shocked by yesterday’s report about LIBOR. The banks which contribute to the LIBOR rate must meet the necessary obligations to their regulators. The BBA has proactively co-operated with the authorities at every stage and will continue to work with the regulatory investigations into LIBOR, submitting information and making staff available for interview."

Statement By The UK Chancellor Of The Exchequer, Rt Hon George Osborne MP, On Financial Services Authority Investigation Into LIBOR

Date 28/06/2012

Mr Speaker, I would like to update the House on the Financial Services Authority’s investigation into the manipulation of the setting of the LIBOR and EURIBOR interest rates.

Chartered Institute For Securities And Investment Comment On LIBOR Fixing Scandal

Date 28/06/2012

The CISI is shocked by the participation of Barclays and possibly other banks in the LIBOR fixing scandal which seriously undermines the integrity of the London market.

Oslo Børs Lists Bond Loans Intended For Swedish Investors

Date 28/06/2012

Oslo Børs is today listing two bond loans that are intended for Swedish investors and are registered with Euroclear Sweden. The bonds are issued by Hafslund ASA. This is the first time that Oslo Børs has listed bond loans that are registered with a foreign central securities depository.

ESMA Proposes Remuneration Guidelines For Alternative Investment Fund Managers

Date 28/06/2012

The European Securities and Markets Authority (ESMA) has published today a consultation paper on proposed Guidelines on remuneration of alternative investment fund managers (AIFMs).  ESMA’s future guidelines will apply to managers managing alternative investment funds (AIFs) including hedge funds, private equity funds and real estate funds.  These funds will be asked to introduce sound and prudent remuneration policies and structures with the aim of increasing investor protection and avoiding conflicts of interest that may lead to excessive risk taking.

HKEx, Shanghai Stock Exchange And Shenzhen Stock Exchange To Establish Joint Venture In Hong Kong For New Products And Services

Date 28/06/2012

Hong Kong Exchanges and Clearing Limited (HKEx), Shanghai Stock Exchange (SHSE) and Shenzhen Stock Exchange (SZSE) signed an agreement today (Thursday) to establish a joint venture (JV) in Hong Kong with an aim to develop financial products and related services.  The three exchanges hope this new venture will help promote the development of China’s capital markets, enhance the competitiveness of these markets and promote the internationalisation of the three bourses.

Warsaw Stock Exchange Publishes Composition Of New Segments On NewConnect Market For The First Time

Date 28/06/2012

• On 27 June, the WSE has for the first time published the composition of new segments on the NewConnect market: High Liquidity Risk and Super High Liquidity Risk.
• The new segmentation results from the reform announced by the WSE in May 2012 aiming to improve the quality of the alternative stock market of the Warsaw Stock Exchange

Presentation By HKEx Chief Executive Charles Li At Joint News Conference On The Establishment Of A Joint Venture Company With The Shanghai Stock Exchange And The Shenzhen Stock Exchange

Date 28/06/2012

Click here to download a presentation by the HKEx Chief Executive Charles Li at Joint News Conference on the Establishment of a Joint Venture Company with the Shanghai Stock Exchange (SHSE) and the Shenzhen Stock Exchange.