News Centre

Tel Aviv Stock Exchange Rules For ETN Underlying Indices And Leveraged ETNs

Date 23/07/2012

The Exchange-traded notes (ETN) market has developed rapidly in Israel over the past few years, as has the market for exchange-traded funds abroad.  As of the middle of 2012 more than 300 ETN series tracking bonds and share price indices trade on the Tel Aviv Stock Exchange (TASE). The value of the public float in these instruments exceeds US $ 12.5 billion.

Temporary Ban Of Short Positions On Stocks Admitted To Trading In A Spanish Regulated Market

Date 23/07/2012

European securities markets are going through a period of extreme volatility which might cause their disorderly functioning and affect to the normal development of financial activity. In these conditions it is necessary to review the operation of securities markets in order to ensure financial stability. 

ESMA Announces An Open Hearing On The AIFMD

Date 23/07/2012

This hearing will cover the guidelines on sound remuneration policies under the AIFMD.  It will take place at ESMA offices on 25 September.  For further information and to sign up, please click here.

Thomson Reuters Expands Elektron Data Offering For US Customers - Company Launches Next Generation Consolidated Feed For Chicago-Based Market Participants And Delivers Low Latency Canadian Direct Exchange Feeds To US Elektron-Hosted Customers

Date 23/07/2012

Thomson Reuters has launched two new Elektron data solutions that will help US market participants have lower latency access to broader and deeper content from financial markets venues. The first initiative sees Thomson Reuters launch its next generation consolidated feed, Elektron Real Time, in Chicago to provide local market participants with full tick depth-of-market data from multiple venues around the world. Secondly, customers using Elektron hosting centres in Chicago and New York can now access low latency direct feeds from Canadian venues to fuel cross-border algorithmic and systematic trading strategies.

SGX Clarification On Market Rumours About Potential Merger Between London Stock Exchange And SGX

Date 23/07/2012

Singapore Exchange (SGX) wishes to make a clarification on market rumours today about a potential merger between the London Stock Exchange (LSE) and SGX. SGX has not engaged in talks with the LSE on a potential merger. However, we are open to collaborations and partnerships which may benefit our shareholders and the company. SGX will notify the market of any material developments as required under the Securities and Futures Act and the SGX-ST Listing Rules.

JSE Expands Foreign-Referenced Commodities Range With Introduction Of Quanto Futures

Date 23/07/2012

The Johannesburg Stock Exchange (JSE) has further expanded its foreign referenced commodities product range with the introduction of Quanto Futures, which enable investors to gain exposure to price fluctuations in the foreign commodity while shielding them from movements in the ZARand:USDollar exchange rate. 

SGX Enhances Default Management Framework Of Derivatives Market

Date 23/07/2012

Singapore Exchange (SGX) is enhancing the rules to strengthen its default management framework to protect its derivatives market against systemically destabilising events, which include the possibility of multiple member defaults.  This enhancement follows a public consultation issued in September 2011. 

The Warsaw Stock Exchange - Derivatives Market: Jan-Jun 2012

Date 23/07/2012

• In the first half of 2012 WSE maintained a high fourth place in Europe in terms of index futures contract volumes
• WIG20 futures contract is ranked 8th in terms of turnover volume among European index contracts
• WIG20 options are ranked 15th in terms of turnover volume among European index options

Press Conference By Tadahiro Matsushita, Japan's Minister For Financial Services - Calculation Method Of TIBOR Following LIBOR Manipulation Scandal

Date 23/07/2012

[Questions & Answers]

Q.

I have two questions.

First, the Japanese Bankers Association (JBA) started considering revisions to the calculation method of TIBOR (Tokyo Interbank Offered Rate) following the scandal over the manipulation of LIBOR (London Interbank Offered Rate).

Regarding TIBOR, a foreign securities company's use of an illegal practice was exposed last year. What measures does the Financial Services Agency (FSA) intend to take to prevent illegal acts related to TIBOR and what are your thoughts on the unfolding LIBOR scandal?

A.

As for the LIBOR scandal, we regard it as a very serious problem. We are keeping close watch on it.

As for your question concerning revisions to TIBOR, the JBA is responsible for determining the standard for managing TIBOR, so the FSA is not in a position to make comments.

I understand that in response to inquiries from media organizations, the JBA has replied that nothing has been decided with regard to revisions to TIBOR. I believe that it is important that the JBA, which is responsible for publishing TIBOR, take appropriate and timely actions regarding the management of TIBOR.

I think that the management of TIBOR and the illegal manipulation of interest rates are different matters.

The FSA has already been checking individual financial institutions' internal control systems through inspection and supervision. If a problem is recognized with regard to a financial institution's internal control system, we will take appropriate actions as needed.

SGX Welcomes JB Foods To Mainboard

Date 23/07/2012

Singapore Exchange (“SGX”) is pleased to welcome the listing of JB Foods Limited on its Mainboard today, under the stock code of “Q0W”.