News Centre

BaFin - Federal Financial Supervisory Authority: New Rules For High-Frequency Trading

Date 22/11/2012

Electronic trading has become significantly more important in recent years. This trend is being driven by rapid enhancements to information technology and growing competition between financial centres.

EEX: Power Day Futures Successfully Launched

Date 22/11/2012

Today, the European Energy Exchange (EEX) successfully launched trading in new short-term power derivatives, the Phelix Day and Week-end Futures.

Euroclear’s Collateral Highway Opens Further With Korea Securities Depository Agreement

Date 22/11/2012

Euroclear Bank is pleased to announce that it will sign a Memorandum of Understanding (MoU) tomorrow with the Korea Securities Depository (KSD) to usher in the wider use of Euroclear Bank-eligible securities as collateral by international counterparties when securing collateralised transactions with local Korean investment counterparties.

Olli Rehn, Vice-President Of The European Commission And Member Of The Commission Responsible For Economic And Monetary Affairs And The Euro - Statement By Vice President Rehn In The European Parliament On Greece

Date 22/11/2012

President, Honourable Members,

At the beginning of this week a staff-level agreement was reached between the EU-IMF Troika and the Greek authorities on an updated set of programme conditionality.

Tokyo Commodity Exchange And Nikkei Launch New Leveraged And Inverse Indices

Date 22/11/2012

The Tokyo Commodity Exchange Inc. (TOCOM) and Nikkei Inc. will launch new indices based on the co-branded indices (namely, the Nikkei-TOCOM Commodity Index and the Nikkei-TOCOM Sub Commodity Index) aiming at providing market participants with indicators to evaluate various investment and risk hedging strategies.

Multi-Tiered Blue Chip Market Built To Serve Real Economy - Shanghai Stock Exchange's Study On The Report To The 18th CPC National Congress

Date 22/11/2012

On the eve of the 18th CPC National Congress (the Party Congress for short), the Shanghai Stock Exchange (SSE) held a Party committee meeting for well-organized preparations and arrangements for study and implementation of the Report to the Party Congress (the Report for short). Since the opening of the Party Congress, the SSE has organized cadres and masses to watch the live broadcast about the Party Congress and relevant news in accordance with the unified deployment of the CPC SSE Committee. The members of the CPC SSE Committee and the President's Office attended the special meeting held by the CPC Committee of the China Securities Regulatory Commission (CSRC) for study of the Report while all the SSE Party branches and the departments held symposia, discussions and other activities for study and implementation of the Report. Around the Party Congress, the SSE organized experts and scholars from the companies in securities, fund and insurance sectors to hold a symposium in honor of the Party Congress for discussion on the development of the capital market. Besides, the SSE published three research reports in a row on the historic opportunities brought by the development of China's economy and capital market with the opening of the historic meeting, which aroused great attention and active response from the market. Apart from the importance of well studying and understanding the Report, the SSE was fully aware of the greater importance to ponder over what opportunities, expectations and directions implied in the important strategic arrangements and grand goals of the Report for the construction of the multi-tiered blue chip market when carrying out the requirements in the Report, combining the requirements in the Report with the actual conditions in the construction of the multi-tiered blue chip market, studying the Report in a thinking and problem-solving way, and unifying thoughts and actions in the construction of the multi-tiered blue chip market. 

Press Conference By Ikko Nakatsuka, Japan's Minister For Financial Services

Date 22/11/2012

[Questions & Answers]

Q.

The other day, it was announced that Japan Post Insurance has failed to pay some insurance benefits. How do you think this will affect the examination conducted by the Financial Services Agency (FSA) concerning Japan Post Insurance’s new services?

A.

Regarding Japan Post Insurance’s failure to send adequate notices concerning insurance claims, I am aware of Japan Post Insurance’s announcement on November 13 that it would review past claims for insurance benefits and start efforts to provide adequate notice to customers.

GMSL Becomes First Trading Agent For The EEX Gas Market - GMSL Offers Comprehensive Dispatching Services Across The European Gas Markets

Date 22/11/2012

The European Energy Exchange (EEX) is pleased to welcome Gas Management Services Ltd. (GMSL), Cambridge, as a “Trading Agent“ for the Natural Gas Spot Market. This status allows GMSL to act as a service provider for EEX trading participants, without being an exchange participant itself. GMSL is now entitled to enter orders for the Natural Gas Spot Market on behalf of its growing customer base, many of whom are already participants at the EEX. By offering this service, EEX now opens up continental 24-7 gas operations to participants who do not have their own shift-trading desks.

UK's Financial Services Authority Publishes Proposals To Strengthen Capital Standards For SIPP Operators

Date 22/11/2012

The Financial Services Authority (FSA) has published a consultation paper outlining how much capital Self Invested Personal Pension (SIPP) operators must hold in future.

MillenniumIT Goes Live At Oslo Børs

Date 22/11/2012

MillenniumIT, a leading technology solutions provider and part of London Stock Exchange Group announced today that Oslo Børs, the Norwegian stock exchange has gone live with the automated trading system (ATS), Millennium Exchange.