News Centre

Press Conference By Tadahiro Matsushita, Japan's Minister For Financial Services - Insider Trading - Regulator's Surveillance Capabilities - Tokyo Stock Exchange Merger With Osaka Securities Exchange

Date 18/07/2012

[Questions & Answers]

Q.

First, let me ask you about insider trading related to public offering of new shares. At last week's meeting of the Financial System Council, you asked the council to consider measures to prevent a recurrence of insider trading. Among the main points of debate are how to treat the act of communicating insider information and the method of calculating the monetary penalty amount. I suppose there will be more serious issues of discussion, such as double punishments. What is your recognition of problems and issues?

A.

I asked the Financial System Council - I suppose some of you attended the meeting - to conduct deliberations on how to treat the act of communicating insider information, the method of calculating the monetary penalty amount, and the revisions of the insider trading regulation that will be required in light of the trend of insider trading cases in recent years and the actual circumstances of financial and business practices.

Malaysia’s Voluntary Private Retirement Schemes Established

Date 18/07/2012

Dato’ Sri Mohd Najib Tun Razak, Prime Minister of Malaysia, launched the final component of the private retirement scheme framework today with the establishment of the Private Pension Administrator and the approval by the SC of the first set of Private Retirement Schemes.

Opening Address At Private Retirement Scheme Launch, 18 July 2012, YBhg Datuk Ranjit Ajit Singh, Chairman, Securities Commission Malaysia

Date 18/07/2012

I would like to wish you a warm welcome to the SC for this very important milestone event for the nation and the Malaysian capital market.

First and foremost, I would like to thank the Prime Minister, Yang Amat Berhormat Dato Sri’ Najib Tun Abdul Razak,  for graciously accepting our invitation and honouring us with his presence this evening and to kindly deliver the keynote address and officiate at this occasion, despite his extremely hectic schedule.

Annalisa Sarasini Joins smartTrade Technologies

Date 18/07/2012

smartTrade Technologies, an industry leader in cross-asset liquidity management software today announced that Annalisa Sarasini, has assumed the role of Global Head of Sales. Based in London, she will focus on growing global revenue.

SWIFT And Regis-TR Cooperate On Trade Repository Project

Date 18/07/2012

• New SWIFT link  to REGIS-TR derivatives trade repository
• REGIS-TR customers benefit from enhanced connectivity to the trade repository
• SWIFT messaging capability will improve process efficiency and security in derivatives reporting under European regulation 
  

Tradition Announces The Expansion Of The Management Team Of TraFXpure

Date 18/07/2012

Tradition is pleased to announce two key hires to the management team of TraFXpure, the recently announced electronic trading platform for spot FX supported by a diverse group of global banks.

Fidessa Debuts New Canadian Trading Platform - Greater Flexibility And Transparency Enable Users To Meet Growing Complexities Of Canadian Trading Landscape

Date 18/07/2012

Fidessa group plc (LSE: FDSA), provider of high-performance trading, investment management and information solutions for the world’s financial community, has today announced the latest version of its Canadian trading platform. Aimed at empowering businesses so they can operate in and take full advantage of the ever-evolving Canadian trading landscape, this version has already been deployed across 90 percent of Fidessa's Canadian customers, which include eight of the top ten financial institutions in the country.

First NZ Capital Chooses Thomson Reuters For Anti-Money Laundering Compliance - Thomson Reuters TransWatch Serves Firms Seeking To Comply With New Regulatory Framework In New Zealand

Date 18/07/2012

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced that First NZ Capital, one of New Zealand’s leading share broking and investment banking firms, has selectedThomson Reuters TransWatch for their end-to-end anti-money laundering transaction monitoring needs. Thomson Reuters TransWatch, part of the Thomson Reuters Accelus portfolio of solutions, ultimately assist First NZ Capital in complying with new Anti-Money Laundering and Counter Financing of Terrorism (AML/CFT) obligations in New Zealand. This announcement supports Thomson Reuters commitment to bringing leading regulatory and compliance intelligence and solutions to the global financial community.

London Stock Exchange Group Plc Interim Management Statement For The Period To 17 July 2012, Including Revenues And KPIs For The Three Months Ended 30 June 2012 (Q1)

Date 18/07/2012

• Good Group performance achieved against backdrop of testing markets - total income up 10 per cent on Q1 last year at £209.5 million
• Information Services revenues rose 68 per cent, reflecting the benefits of the FTSE acquisition; up 2 per cent on an organic constant currency basis, with increased revenue from other information products offsetting declines in real time data income
• Post Trade Services total income remained resilient (and on a constant currency basis increased 8 per cent), reflecting good growth in treasury management income offset by a reduction in clearing and settlement revenues following lower trading in the period
• Capital Markets revenues decreased 15 per cent following subdued primary market activity (compared with a strong equivalent quarter last year), together with a slowdown in secondary market trading as markets continued to be affected by macro economic uncertainties
• MillenniumIT successfully went live on three markets in three continents during the period: five different trading platforms, including cash equities, fixed income and structured products at Borsa Italiana, now hosted in Milan,  successfully migrated to Millennium Exchange; Johannesburg Stock Exchange and the Mongolian Stock Exchange also went live on MillenniumIT 
• Regulatory and anti-trust processes are continuing in respect of the shareholder approved acquisition of 60 per cent stake in LCH.Clearnet; the competition authorities in the UK, Spain and Portugal are reviewing the proposed transaction.

GLG Sign Up For Calastone’s Automated Settlement Service

Date 18/07/2012

Calastone, the independent cross-border transaction network for the mutual fund industry, are delighted to announce that GLG Partners (GLG) have signed up to Calastone’s automated settlement service for their UK range of funds.