News Centre

HKMEx Welcomes Jefferies Bache As New Clearing Member - Commodities Dealer With Over 130 Years’ Experience To Further Develop China And Asian Markets

Date 15/03/2012

The Hong Kong Mercantile Exchange (HKMEx), China’s global marketplace, announces today that Jefferies Bache Limited, a leading global commodities dealer, has joined as the Exchange’s newest clearing member. The membership enables Jefferies Bache to clear and settle transactions conducted by all other members of the Exchange.

Demand for Asian Exposure Is Driving Investor Interest For Innovation In Trading Exchange-Traded Derivative Products - Institutional Investors Are Searching For More Efficient Ways To Access The Asian Equity Markets, Based On New Research From TABB Group

Date 15/03/2012

Institutional investors seeking exposure to emerging Asian equity markets face challenges in accessing many of the region’s closed markets and are turning to exchange-traded derivatives markets, as well as over-the-counter (OTC) instruments that can provide the exposure they need, says TABB Group in new research published today, “Innovations in Accessing Asia: Listed Equity Derivatives and Delta One Products.”

Hong Kong's Securities And Futures Commission: Vongroup CEO Acquitted Of Disclosing False Or Misleading Information Inducing Transactions

Date 15/03/2012

UBS Publishes Annual Report 2011

Date 15/03/2012

UBS's Annual Report for 2011 provides comprehensive information on the firm, its strategy, business, governance and financial performance. It contains both audited and unaudited information.

Fitch Affirms United Kingdom At 'AAA' - Revises Outlook To Negative

Date 14/03/2012

Fitch Ratings-London-14 March 2012: Fitch Ratings has affirmed the United Kingdom's (UK) sovereign ratings as follows:

--Long-term foreign currency Issuer Default Rating (IDR) affirmed at 'AAA'
--Long-term local currency IDR affirmed at 'AAA'
--Country Ceiling affirmed at 'AAA'
--Short-term foreign currency rating affirmed at 'F1+'

FIA Elects Directors And Officers

Date 14/03/2012

The Futures Industry Association today announced the election of board directors at its annual meeting in Boca Raton, Fla. Seventeen directors were elected in total at this meeting, including eight regular member directors for two-year terms; four regular member directors for one-year terms; and five associate member directors for a two-year terms. Following the election, the new board elected the association's officers and public directors.

Council Of The European Union Economic And Financial Affairs Council - Financial Transaction Tax: First Technical Reading Completed

Date 14/03/2012

On 13 March 2012 the Economic and Financial Affairs Council took stock of the work done on the proposal for a directive on the EU-wide financial transaction tax. The ministers identified the outstanding issues and discussed the next steps.

SIFMA General Counsel Ira Hammerman Remarks For SIFMA LEI Seminar - Building A Global Legal Entity Identifier (LEI) Framework

Date 14/03/2012

Good morning.  My name is Ira Hammerman, senior managing director and general counsel at SIFMA. It is my pleasure to welcome you to today’s seminar on the legal entity identifier, or LEI, initiative.

CFTC Charges Joseph F. Welsh III, Former MF Global Broker, With Attempted Manipulation Of Palladium And Platinum Futures Prices

Date 14/03/2012

The U.S. Commodity Futures Trading Commission (CFTC) today announced that it filed a federal court action in the Southern District of New York chargingJoseph F. Welsh III, of Northport, N.Y., with attempted manipulation of the prices of palladium and platinum futures contracts, including the settlement prices, traded on the New York Mercantile Exchange (NYMEX).  The CFTC complaint alleges that Welsh engaged in this conduct from at least June 2006 through May 2008 and specifically on at least 12 separate occasions.

"The Changeling" - Opening Remarks At The Futures Industry Association's Panel On The Evolution Of Commodity Markets, Boca Raton, Florida - CFTC Commissioner Bart Chilton

Date 14/03/2012

Good afternoon. There is no denying it; we don't live in simple times. Most of us live extremely, exceedingly complicated lives with emerging personal and business technologies. Technology has made us more efficient and effective at many things, but less complicated?  That is certainly debatable.