News Centre

Stock Exchange of Thailand Welcomes Malaysian State-Owned Fund

Date 10/07/2012

Tan Sri Azman Mokhtar (3rd left), Managing Director of Khazanah Nasional Berhad, a government-owned strategic investment fund with asset under management of more than USD 35 billion, and executives from Khazanah were recently welcomed by The Stock Exchange of Thailand’s (SET) President Charamporn Jotikasthir and SET’s top executives on the occasion of visiting Thai bourse’s office in order to get information on Thailand’s capital market and investment opportunities.

Tokyo Grain Exchange: SPAN Parameters Effective From July 17, 2012 To July 31, 2012

Date 10/07/2012

The SPAN parameters applicable from July 17, 2012 (Tue) to July 31, 2012 (Tue) is now available on the Japan Commodity Clearing House website at the following URL: http://www.jcch.co.jp/i/

Osaka Securities Exchange: Notice Of Dividend Forecasts

Date 10/07/2012

Osaka Securities Exchange Co., Ltd. (OSE) announces that OSE's dividend forecast for the fiscal year ending March 31, 2013 was resolved at OSE's Board of Directors Meeting held on July 10, 2012, as follows. The forecast had not been determined in the financial results statements for the fiscal year ended March 31, 2012, which was announced on April 24, 2012.

Paula Drake Named Chief Counsel And Chief Compliance And Ethics Officer Of SEC's Office Of Compliance Inspections And Examinations

Date 09/07/2012

The Securities and Exchange Commission today announced that Paula Drake has been appointed an Associate Director to serve as Chief Counsel and Chief Compliance and Ethics Officer in the SEC's Office of Compliance Inspections and Examinations (OCIE). Starting August 6, Ms. Drake will oversee a staff of eight lawyers and coordinate the efforts of attorney advisors in the SEC's eleven regional offices.

Federal Court In Texas Orders Robert Mihailovich, Sr. And Growth Capital Management LLC To Pay Over $9.3 Million In CFTC Anti-fraud Action

Date 09/07/2012

The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained an order of permanent injunction against defendants Robert Mihailovich, Sr. (Mihailovich, Sr.) of Rockwall, Texas, and Growth Capital Management LLC (GCM) requiring Mihailovich, Sr. and GCM to make restitution to defrauded customers, disgorge ill-gotten gains, and pay a civil monetary penalty together, totaling over $9.3 million for fraudulently soliciting over $30 million from customers to trade commodity futures contracts and foreign currency (forex). The order also imposes permanent trading and registration bans against the defendants.

European Parliament: Bank Troubles And Eurozone's Future Shape Dominate Draghi Discussion

Date 09/07/2012

A "reasonable concept by the end of the year" for EU bank supervision is the top priority, ECB President Mario Draghi told Economic and Monetary Affairs Committee MEPs on Monday. The ECB could undertake this task, with the European Parliament having a central role to ensure democratic accountability and legitimacy, he insisted.

The Dow Jones-UBS Commodity Indexes’ Industry Commentary

Date 09/07/2012

This commentary is a monthly analysis of the commodities universe written by Christine Marie Nielsen, a veteran financial journalist. For eight years, Ms. Nielsen covered the Chicago futures exchange and economic news for Dow Jones Newswires. She's also hosted a syndicated radio show on the stock and futures markets from the floor of the Chicago Board of Trade. Ms. Nielsen currently works as an editor on MarketsWiki.com, an online open source knowledge project for current and historical information about the global exchange-traded capital, derivatives, environmental and related OTC markets.

DTCC Calls On Industry To "Fully Dematerialize" U.S. Financial Services Market

Date 09/07/2012

The Depository Trust & Clearing Corporation (DTCC) today outlined a proposal to fully dematerialize the U.S. financial services industry, helping reduce the costs and risks associated with existing physical securities.  The multi-year program is designed to further drive the elimination of all remaining physical certificates in the U.S. market. 

Dow Jones-UBS Commodity Indexes June 2012 Performance Report

Date 09/07/2012

The Dow Jones-UBS Commodity Index was up 5.49% for the month of June. The Dow Jones-UBS Single Commodity Indexes for corn, soybean meal and wheat had the strongest gains with month-end returns of 25.40%, 15.52% and 14.39%, respectively. The three most significant downside performing single commodity indexes were aluminum, tin and feeder cattle, which ended the month down 4.59%, 4.07%, and 3.41% respectively.

ESMA Publishes Two Q&A On UCITS

Date 09/07/2012

SMA has today published the following Q&A:

Notification of UCITS and exchange of information between competent authorities

Risk Measurement and Calculation of Global Exposure and Counterparty Risk for UCITS