News Centre

NZX Update - Ralec Claims

Date 23/12/2011

NZX advises that Ralec shareholders Grant Thomas and Dominic Pym have filed their defence of a claim brought against them by NZX seeking damages arising out of the purchase by NZX of the Clear grain business in 2009.

China’s Guangzhou R&F Properties Co., Ltd. Added To Dow Jones Emerging Markets Select Dividend Index

Date 22/12/2011

Guangzhou R&F Properties Co., Ltd. (China H shares) will be added to the Dow Jones Emerging Markets Select Dividend Index, Dow Jones Indexes announced today.

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

Date 22/12/2011

Standard & Poor's will make the following changes in the S&P/TSX SmallCap Index after the close of trading on Wednesday, December 28, 2011:

The shareholders of Mosaid Technologies Inc. (TSX: MSD) have accepted the $CDN 46.00 cash per share offer from First Pioneer Holding. Mosaid Technologies Inc. will be removed from the S&P/TSX SmallCap and Equity SmallCap Indices after the close of Wednesday, December 28, 2011.

Judge Orders Plastics Executive To Pay $49.5 Million In SEC Case

Date 22/12/2011

The Securities and Exchange Commission today announced the successful resolution of its trial against a plastics industry executive charged with lying in SEC filings regarding his ownership of Musicland Stores Corporation stock. Alfred S. Teo, Sr. and a trust he controlled have been ordered by a federal judge to pay $49.5 million in a final judgment against them.

Bermuda Stock Exchange - Days Of Operation Over Christmas Period

Date 22/12/2011

The Bermuda Stock Exchange (BSX) advises that the BSX will be closed during the Christmas period as follows:

1.    Monday, 26th and Tuesday 27th December, 2011, re-opening on Wednesday, 28th December, 2011;

2.    Monday, 2nd January, 2012, re-opening on Tuesday, 3rd January, 2012.

Press Release Of The Athens Exchange Board Of Directors

Date 22/12/2011

The ATHEX Board of Directors (BoD) during today's meeting decided:

1) A new pricing policy for the Derivatives Market, according to which the rebates to investors and members of this market exceed, in terms of 2011, the sum of 2,5 million euro.

More specifically, the following were decided:

A. Rationalization of the Futures and Options contracts' fees, on shares and indices. The decline in prices of the underlying values had made the derivative products' fees non-competitive. For this reason, among others, more scales were added for underlying values' prices less than 5 euro in order to regain the competitiveness of the relevant products.

B. Significant reductions between 40%-70% in the annual members' subscription fees, which combined with theabolishment of the one-off initial membership fees, aim to avert members from leaving the market and also attract new members from Greece and Cyprus.

U.S. Department Of Justice Clears NYSE Euronext Merger With Deutsche Börse

Date 22/12/2011

NYSE Euronext (NYSE:NYX) announced today that the Antitrust Division of the United States Department of Justice (DOJ) has cleared the proposed combination between NYSE Euronext and Deutsche Börse AG (XETRA: DB1). 

U.S. Department Of Justice Approves Deutsche Börse And NYSE Euronext Merger - ISE To Sell Direct Edge Stake As A Condition Of Approval

Date 22/12/2011

The U.S. Department of Justice (DOJ) today approved the merger of Deutsche Börse and NYSE Euronext. This represents an important regulatory milestone for the merger. The DOJ’s clearance was contingent upon the International Securities Exchange (ISE) agreeing to sell its 31.5 percent stake in Direct Edge, a U.S. stock exchange. Until completing the divestiture, ISE’s ownership in Direct Edge will be held passively.

The AMF Publishes Recommendation On Financial Information, Including Release Of Results To Financial Markets

Date 22/12/2011

In a sensitive economic environment that varies by geographic region and business sector, the financial markets are paying greater attention to the transparency and accuracy of information relating to risk.

New York Attorney General Schneiderman Announces Settlement With Bank Of New York Mellon For Facilitating The Manipulative Trading Of Auction Rate Securities - Company Will Pay $1.3 Million for Violating Martin Act - BNY Mellon Enabled an Issuer to Conceal Its Identity and Manipulate the Market - Schneiderman: Our Office Will Protect the Integrity Of NY’s Global Financial Markets At All Costs

Date 22/12/2011

Attorney General Eric T. Schneiderman today announced an agreement with the Bank of New York Mellon Corp. (BNYM) to settle an investigation into manipulative trading of auction rate securities as facilitated by employees of Mellon Financial Markets LLC (MFM), a subsidiary of BNYM. Today’s agreement concludes a joint investigation by the Attorney General, the Texas State Securities Board and the Florida Office of Financial Regulation.