News Centre

KVH And Koscom To Launch Proximity Services For KRX’s Derivatives Trading - Addressing High Frequency Trading Needs Of Global Traders

Date 27/02/2012

KVH Co. Ltd., Asia’s leading information delivery platform, and Koscom, a leading financial IT solutions provider, announced today that they will offer proximity hosting services for the Korea Exchange (KRX) derivative trading customers at Koscom’s new data center in Busan. They will also offer ultra low-latency connectivity from overseas financial centers to Seoul and Busan through interconnections of KVH’s ultra low-latency regional network and Koscom’s Stock-net in Korea. These services will be offered in conjunction with connectivity to other key financial centers such as Tokyo, Singapore, Hong Kong, Sydney, and Chicago and will be available from June 4, 2012, when the new Koscom Busan data center opens.

Bursa Malaysia Publicly Reprimands Hdm-Carlaw Corporation Berhad And Fines Three Directors A Total Of RM200,000

Date 27/02/2012

Bursa Malaysia Securities Berhad (Bursa Securities) has publicly reprimanded HDM-Carlaw Corporation Berhad (CARLAW) and five of its directors for failing to make an immediate announcement on the defaults in payment of various credit facilities. In addition, three executive directors were fined a total of RM200,000.

Dubai Financial Market (PJSC) Records Net Profit Of AED 8 Million In 2011Abdul Jalil Yousef Darwish: Encouraging Indications On The Success Of The Company’s Efforts To Limit Dependency On Trading Commissions

Date 27/02/2012

The new revenue streams constituted 2.8% of the total revenue through:

• Signing data selling agreements with 20 companies
• Managing cash dividend distribution for 6 listed companies
• Applying listing fees and offering online advertising opportunities

Statement By IMF Managing Director Christine Lagarde On G-20 Ministerial Meeting In Mexico City

Date 27/02/2012

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), issued the following statement today after the conclusion of the Group of 20 Finance Ministers and Central Bank Governors meeting in Mexico City:

“I would like to thank the Mexican authorities for hosting us, including President Felipe Calderón, Finance Secretary José Antonio Meade, and Bank of Mexico Governor Agustín Carstens."

Remarks By U.S. Treasury Secretary Tim Geithner At The G-20 Meeting Of Finance Ministers And Central Bank Governors

Date 27/02/2012

The risks to the global economy have diminished since the G-20 last met in Cannes, but we still face significant economic challenges.  The U.S. economy is gradually getting stronger.  Europe has acted to significantly reduce the risk of a catastrophic financial crisis.  And even with weakness in European growth, we are seeing encouraging signs of resilience in many emerging economies.

Dubai Gold & Commodities Exchange Weekly Market Commentary - February 26, 2012

Date 26/02/2012

Weekly Market Commentary  

26th February 2012 

Provided by TA Knowledge  

Welcome to the Weekly Market Commentary from DGCX, providing you with a snapshot of what's happening in the energy, precious metal and currency futures markets.

The commentary and analysis included in the DGCX Weekly newsletter is provided by TA Knowledge, a leading UK-based provider of news and intelligence.

The Saudi Stock Exchange (Tadawul) Announces The Display Of The Put-Through Trades Information On Its Website

Date 25/02/2012

The Saudi Stock Exchange (Tadawul) announces adding a new link on its website displaying the Put-Through trade information executed during the trading day as well as the historical information since 01/01/2011.
To display the Put-Through trades info please login WWW.TADAWUL.COM.SA

Maple Group And TMX Group Announce Extension Of Offer To TMX Group Shareholders To March 30, 2012 - Parties Reaffirm Commitment To Maple's Proposed Transaction

Date 25/02/2012

Maple Group Acquisition Corporation ("Maple"), a corporation whose investors comprise 13 of Canada's leading financial institutions and pension funds, and TMX Group Inc. (TSX: X) today announced the extension of Maple's offer to acquire a minimum of 70% and a maximum of 80% of the shares of TMX Group to 5:00 p.m. (Eastern Time) on March 30, 2012, unless further extended or withdrawn. The Maple offer is part of an integrated acquisition transaction, valued at approximately $3.8 billion, to acquire 100% of TMX Group shares. The TMX Group Board of Directors continues to unanimously recommend that shareholders accept and tender their shares under the Maple offer.

Remarks At The SEC Speaks In 2012” By SEC Commissioner Daniel M. Gallagher

Date 24/02/2012

Good afternoon and thank you, Meredith, for that overly-kind introduction. As Meredith mentioned, we have known each other for a long time. It is an honor to be working with her, again, at the Commission, and I owe her a debt of gratitude for her patience and expert counseling as she has been getting me up to speed on the vast array of initiatives taking place in Corp Fin. It is a testament to the prowess of the SEC as an expert regulatory body that we are able to attract top experts such as Meredith, and it is a testament to Meredith’s commitment to public service that she came back to the agency at such a critical time. The nation’s investors are well served by Meredith and her team.

TOM MTF Statistics Week 8 2012

Date 24/02/2012

Click here to download the weekly statistics update of TOM MTF for week 8 - 2012.