News Centre

UK's Financial Services Authority Insider Dealer Ordered To Pay £570,000 In Confiscation

Date 08/05/2012

A Confiscation Order of £572,283.21 has today been made against Rupinder Sidhu.  A costs order was also made in favour of the Financial Services Authority (FSA) who brought the case.  This follows his conviction at Southwark Crown Court on 15 December 2011 for 22 counts of insider dealing, for which he was sentenced to 2 years in prison.

HKEx And Shandong Financial Services Office Sign MOU

Date 08/05/2012

Hong Kong Exchanges and Clearing Limited (HKEx) and the Shandong Financial Services Office today (Tuesday) signed a Memorandum of Understanding (MOU) on cooperation and exchange of information.

Istanbul Stock Exchange Signs A Memorandum Of Understanding With Macedonian Stock Exchange

Date 08/05/2012

During the XIII Annual Conference of the Macedonian Stock Exchange, İMKB Chairman and CEO Mr. İbrahim Turhan and Macedonian Stock Exchange CEO Mr. Ivan Steriev signed a Memorandum of Understanding on May 4 in Skopje. The main purpose of the Memorandum of Understanding is the deepening and enhancement of the already established cooperation between the two stock exchanges.

UK's Financial Services Authority Bans Executive Chairman Of Wholesale Insurer And Imposes Fines Of Almost £3.5Million On The Firm

Date 08/05/2012

The Financial Services Authority (FSA) has fined Mitsui Sumitomo Insurance Company (Europe) Ltd (MSIEu) £3,345,000 for serious corporate governance failings, and imposed a ban and fine of £119,303 on its former executive chairman, Yohichi Kumagai.

HKEx: Forfeiture Of Unclaimed Final Dividend For 2005

Date 08/05/2012

LME Transaction Update

Date 08/05/2012

The Chairman of the London Metal Exchange (LME) has today issued an update to its shareholders regarding the potential acquisition of the Exchange.

Arcontech Responds To Industry Demand For Independent Market Data Connectivity And Compliance

Date 08/05/2012

Arcontech Group plc (AIM: ARC), a provider of real-time software solutions to the investment banking and broking industry, has announced“CityVision Cache” a major development of its market data publishing system, supporting internal publishing as well as normalisation and cross connectivity between a variety of the industry’s major platforms and feed protocols.

PT. Bank QNB Kesawan Adopts FinArch’s IFRS Accounting Engine And Its General Ledger, And Anabatic’s Central Bank Reporting System

Date 08/05/2012

FinArch, international market leader in integrated risk and finance solutions for the financial services industry, announced today that PT Bank QNB Kesawan Tbk selected FinArch’s IFRS Accounting and General Ledger solution to comply with IFRS (PSAK 50/55). FinArch’s IFRS solution will be implemented together with the Anabatic Technologies' Central Bank Reporting Engine.

Thomson Reuters Launches First Solution For Broker-Controlled Alternative Investment Trading And Settlements - Provides Brokers And Advisors Greater Transparency, Reduced Risk And Lower Operating Costs

Date 08/05/2012

Thomson Reuters, the world’s leading supplier of intelligent information for businesses and professionals, today announced the launch of the first end-to-end brokerage processing solution for alternative investment products (AIPs). Through a collaborative agreement with the Depository Trust & Clearing Corporation (DTCC), Thomson Reuters has designed the first service bureau processing solution to allow broker-dealer firms to manage the submission of orders for non-traded real estate investment trusts (REITs), business development companies (BDCs), dividends, commissions and settlement processes through DTCC’s AIP system and Thomson Reuters BETA Systems AIP platform (BETA).

Futures and Options Association Engages In Debate On Direct Market Access And HFT

Date 08/05/2012

The Futures and Options Association is participating at a key event today in the European Parliament on algorithmic and high-frequency trading, and direct electronic access to markets.