News Centre

ICAP’s iLinked To Offer Index Futures Rolls e-Trading

Date 28/05/2012

ICAP, the world’s leading interdealer broker, announces today that it has added index futures rolls to its recently launched equity derivatives electronic offering, iLinked, on the ICAP Securities Limited Multilateral Trading Facility (MTF). This is the first interdealer offering of electronic trading in this product, underlining ICAP’s role as a leader in the move towards theelectronification of OTC markets.

UK’s Financial Services Authority Introduces Rules Telling Banks To Display Depositor Compensation Arrangements

Date 28/05/2012

The Financial Services Authority (FSA) will require all banks, building societies and credit unions to prominently display posters and stickers in branches and on websites explaining which deposit guarantee scheme applies to their customers’ deposits. These rules will take effect from 31 August this year.

HKMEx Market Data Go Live On China’s Webstock - Exchange Expands Mainland Reach Through Platform Used By Over 90 Percent Of Futures Companies In China

Date 28/05/2012

The Hong Kong Mercantile Exchange (HKMEx), China’s global marketplace, announced today that HKMEx real time market data are now available on Wenhua Information Systems Limited (Webstock) – a platform used by more than one million investors from over 90 percent of all futures trading companies in China.

Osaka Securities Exchange: SPAN Parameter Updated - Jun 04, 2012 - Jun. 08, 2012

Date 28/05/2012

OSE has set up SPAN Parameter for calculating margin requirements as follows.

This SPAN Parameter is used for calculating "SPAN Risk Parameter Files" which are distributed on a daily basis. OSE sets and publishes new Parameters on the first business day of each week, which are applicable from the first business day of the next week.

Shenzhen Stock Exchange: Measures To Curb Speculation On First Day Of Trading

Date 28/05/2012

Shares of three issuers were listed on SME Board on 25 May, 2012, commencing implementation of new IPO rules. The new rules increased allotment for institutional investors in off-line offering, removed requirement for three-month lock-up and allowed free float for all shares so acquired on the first day of trading.

Monetary Authority Of Singapore Reviews Regulatory Requirements For Unlisted Margined Derivatives Offered To Retail Investors

Date 28/05/2012

The Monetary Authority of Singapore (MAS) has issued a consultation paper on proposed enhancements to the regulatory requirements for unlisted margined derivatives.

ASIC: Commonwealth Securities Limited Pays AUD35,000 Infringement Notice Penalty

Date 28/05/2012

Commonwealth Securities Ltd (CommSec) has paid a penalty of $35,000 to ASIC in order to comply with an infringement notice given to it by the Markets Disciplinary Panel, for the entry of an erroneous Priority Crossing in the security, OZ Minerals Limited (ASX Code ‘OZL’), that allegedly resulted in the market for OZL not being both fair and orderly.

Osaka Securities Exchange DJIA Futures Is Launched

Date 28/05/2012

OSE Dow Jones Industrial Average Futures (DJIA Futures) is launched on May 28th, 2012.

Shanghai Stock Exchange Backs Up Innovation, Development Of Securities Companies

Date 28/05/2012

Innovation is the soul and the driving force of the development of the capital market. The Chinese capital market can hardly do without innovation in the course of its evolution and development for the past two decades, and even more on the road to maturity in the future. As the organizer of the capital market, the Shanghai Stock Exchange (SSE), following the requirements in the remarks by Chairman Guo Shuqing at the seminar on innovation and development of securities companies, actively supports the innovation and development of securities companies by dint of well-prepared organization and simplified procedures.

NZX Return Of Capital

Date 28/05/2012

Further to the announcement made on 10 May 2012, NZX Limited (“NZX”) advises that the High Court and shareholder approved cancellation of one in every 10 shares held by NZX shareholders was completed on 25 May 2012.