News Centre

STOXX Announces New Composition Of Select Dividend, Style And Grand Prix Indices - Results Of The Review To Be Effective On March 19, 2012

Date 07/03/2012

STOXX Limited, the market-moving provider of innovative, substantial and global index concepts, today announced the results of the annual review of the STOXX Select Dividend Index series and the STOXX Global Grand Prix Index; as well as the result of the semi-annual review of the STOXX TMI Growth andSTOXX TMI Value indices, their respective large, mid- and small sub-indices and the respective indices for the euro zone. All changes will be effective on March 19, 2012.

CFTC Charges Alabama Resident John David Stroud And His Companies With Commodity Pool Fraud And Misappropriation - Defendants Allegedly Stole More Than $2.2 Million From Pool Participants And Lost More Than $1.1 Million Trading - Federal Court Enters Emergency Order Freezing Defendants’ Assets And Protecting Books And Records

Date 07/03/2012

The U.S. Commodity Futures Trading Commission (CFTC) today announced that it filed an enforcement action in the U.S. District Court for the Middle District of Alabama charging John David Stroud and his companies, Stroud Capital Management, LLC, TS Capital Partners, LLC, and TS Capital Management, LLC, all of Auburn, Ala., with fraud and misappropriation in operating two commodity pools.

Direct Edge Introduces Message Efficiency Incentive Program

Date 07/03/2012

Dear Members,

The way that technology has transformed our markets has been a topic of constant discussion in recent years. Direct Edge believes these changes have undeniably improved the trading experience of both investors and intermediaries. At the same time, these changes have had a profound impact on how our market operates, how resources are used, and the nature of responsible market participation. Direct Edge believes that as one of the nation’s — and the world’s — largest stock market operators, we are in a position of leadership and understanding, which make us well positioned to drive the dialogue forward in a way that gives market participants the flexibility they need, while giving the investing public increased confidence that this technological transformation is occurring responsibly.

SEC Charges CEO Of Las Vegas-Based Penny Stock Company And Several Consultants In Pump-And-Dump Scheme

Date 07/03/2012

The Securities and Exchange Commission today charged a Las Vegas-based food and beverage company and its CEO with conducting a fraudulent pump-and-dump scheme, and charged several consultants for their illegal sales of company shares into the markets.

Aberdeen Asset Management And Croda International To Join FTSE 100 Index

Date 07/03/2012

FTSE Group (“FTSE”) confirms today that, global investment management group, Aberdeen Asset Management, and global leader in speciality chemicals, Croda International, will be joining the FTSE 100 Index. In the rebalance, Cairn Energy and Essar Energy will leave the UK’s leading index and enter the FTSE 250 Index.

Finansinspektionen's Chief Economist Lars Frisell Accepts Post At The Central Bank Of Ireland

Date 07/03/2012

Finansinspektionen's Chief Economist Lars Frisell has been appointed the Director of Economics and Chief Economist at the Central Bank of Ireland.

DFM Employee Honored With The Feigenbaum “Rising Stars” Award From Hamdan Bin Mohammed E-University

Date 07/03/2012

Dubai Financial Market (DFM) today announced that its employee Khalifa Ahmed Rabba, Deputy Head of Operations Division has been honored with The Feigenbaum “Rising Stars” Award 2012 which runs in the UAE under the supervision of the Virtual Executive Club, Hamdan Bin Mohammed E-University (HBMeU). This highly distinguished award is a recognition of DFM’s constructive efforts to develop human resources in the UAE and prepare the younger generation to develop superior leadership skills and capabilities.

IMF Managing Director Christine Lagarde Names Jianhai Lin Secretary Of The Fund

Date 07/03/2012

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), announced today her intention to name Mr. Jianhai Lin the Secretary of the Fund.

Letter From José Manuel Durão Barroso President Of The European Commission To Hellenic Republic Prime Minister Papademos Proposing Follow-Up Actions Further To Their Meeting Of 29 February On Measures To Support Jobs And Growth In Greece

Date 07/03/2012

"Dear Prime Minister,

It was a great pleasure to meet with you on 29 February to discuss in very concrete terms the implementation of the second programme for Greece which we both see as a comprehensive programme for structural reform which will lay the foundations for a new, competitive and dynamic Greece. As my colleagues and I underlined at our meeting, the Commission is ready to support the Greek authorities in taking decisions that can restore confidence and begin the process of revitalising the Greek economy."

Hong Kong's Securities And Futures Commission: Former Styland’s Chairman And Executive Director Ordered To Pay $85 Million Compensation To Company

Date 07/03/2012

The Court of First Instance today ordered the founder and former chairman of Styland Holdings Ltd (Styland) , Mr Kenneth Cheung Chi Shing, and his wife Ms Yvonne Yeung Han Yi, a former executive director of Styland, to pay compensation totalling over $85 million to the company for their misconduct (Note 1 and 2).