News Centre

Princeton Financial Systems Appoints Christian J. Farber As Head Of Global Sales And Marketing

Date 20/04/2011

Princeton Financial Systems (PFS), a leading provider of investment accounting, investment compliance, data management, performance measurement, and reporting solutions to the global investment industry, today announced that it has appointed Christian J. (Chris) Farber as Senior Vice President and Head of Global Sales and Marketing.

Deutsche Börse Recognised With Three Global ETF Awards - Largest Number Of ETF Listings, Largest ETF Exchange By Turnover And Most Proactive ETF Platform In Europe

Date 20/04/2011

This year’s 7th Global ETF Awards^® in New York saw Deutsche Börse receive awards in the following categories for the seventh consecutive time: “Exchange with the largest number of primary listed ETFs in Europe”, “Largest ETF Exchange by Dollar Turnover in Europe” and “Most Proactive ETF Exchange in Europe”.

EDHEC-Risk Institute To Design A Series Of Solvency II Benchmarks In Cooperation With Russell Investments

Date 20/04/2011

EDHEC-Risk Institute has announced that it will conduct research in cooperation with Russell Investments in order to design new benchmarks for European insurance companies that are representative of a dynamic allocation strategy between bonds and equities. The aim of the initiative is to enable all small- or medium-sized European insurance companies which do not have a full internal risk mitigation model to be able to avail of an objective academic reference in order to manage the risk of their equity investments.

Shanghai Stock Exchange Vice President Zhou Qinye: Boost Blue-Chip Market Construction

Date 20/04/2011

The Shanghai Stock Exchange (SSE) would step up blue-chip market construction by both fostering new blue chips and improving existing ones as Shanghai securities market has gained momentum for two decades since its birth, especially this year, the best time for assets securitization, SSE Vice President Zhou Qinye said in his keynote speech at the "Forum on Shanghai Multi-layer Blue-chip Market Construction" on April 15.

Statement On President Obama’s Comments Regarding Speculation - CFTC Commissioner Bart Chilton

Date 20/04/2011

“President Obama is correct that speculators are impacting fuel prices."

London Stock Exchange Group – TMX Group Statement On The Ontario Government Select Committee Report

Date 19/04/2011

TMX Group and London Stock Exchange Group acknowledge the significant work undertaken by the Ontario Select Committee to review the merits of our transaction. We will review the report in detail and look forward to continued open dialogue with all stakeholders as we work towards obtaining the required regulatory and shareholder approvals to complete our transaction.

Standard & Poor's Announces Changes In The S&P/TSX Venture Composite Index

Date 19/04/2011

Standard & Poor's will make the following changes in the S&P/TSX Venture Composite Index after the close of trading on Tuesday, April 19, 2011:

• Petro Uno Resources Ltd. (TSXVN:PUP) will be removed from the index. The shares of the company have been acquired by Renegade Petroleum Ltd. (TSXVN:RPL) through an Arrangement Agreement.

Remarks By Deputy U.S. Treasury Secretary Neal S. Wolin

Date 19/04/2011

Last summer, the President signed into law a comprehensive set of reforms to the financial system.

Dow Jones Indexes Comments On Gold Price Movement

Date 19/04/2011

In response to today’s activity in the gold market,  David Krein, Dow Jones Indexes’ Senior Director, Product Development & Analytics said “What we’re seeing today with gold is clearly a reaction to yesterday’s credit agency warning that the US must figure out a way to control its deficit.   The jump in the price of gold past the $1,500/oz mark is further evidence of the metal’s ‘safe haven’ status as the testy US political environment continues to raise doubts about the country’s ability to resolve its near- and long-term budgetary issues.” 

FINRA Suspends Pinnacle Partners And Its President Brian Alfaro

Date 19/04/2011

The Financial Industry Regulatory Authority (FINRA) announced today that it has suspended indefinitely Pinnacle Partners Financial Corporation, of San Antonio, TX, and its President, Brian K. Alfaro, for failure to comply with a FINRA Temporary Cease and Desist Order prohibiting their fraudulent misrepresentations. The suspension resulted from FINRA's Notice of Suspension that alleged that Pinnacle and Alfaro had continued to make fraudulent oral and written misrepresentations and omissions in connection with their offer and sale of certain oil and gas joint interests, and had otherwise failed to comply with the terms of the Temporary Order FINRA issued on January 21, 2011.