News Centre

HKFE Announces Revised Margins For H-shares Index, Mini H-shares Index And BOC Hong Kong Futures

Date 03/10/2011

Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Thursday, 6 October 2011, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contracts will be as outlined in the table below. The adjustments are based on the clearing company's normal procedures and standard margining methodology. 

RTS Offers Services To Support New Swap Execution Facilities As Dodd-Frank Act Fosters Centrally Cleared Swaps - Enables SEFs To Launch Quickly Without Substantial Investments In New Infrastructure; Matching Engine, Connectivity To Clearing Houses And Exchanges - Risk Management, Market Data API Among Capabilities Offered

Date 03/10/2011

The U.S. Dodd-Frank Wall Street Reform and Consumer Protection Act has spawned the creation of regulated Swap Execution Facilities (SEFs) that must capture trades electronically and offer central clearing of over-the-counter (OTC) swaps.  Leading global trading solutions provider RTS Realtime Systems Group announced today that it has begun offering customized solutions with technology components critical to the operation of these facilities. Among these will be its recently introduced RTD CORE matching engine solution and connectivity to the major clearing houses capable of clearing swaps. 

Instinet Global Market Structure Research - Short Sale Bans: How Effective Are They?

Date 03/10/2011

Summary

• On August 12, 2011, France, Belgium, Italy and Spain banned the short selling of financial names after the market’s significant move lower in the first half of August.
• Since the decision, volumes in the banned names dropped dramatically, while financial names in other countries continue to trade actively.
• Average daily price moves in countries both with and without the ban increased during the volatile period and fell after the ban took effect, with no significant difference between the two groups.
• Bid-ask spreads in countries both with and without the ban generally increased during the volatile period and fell after the ban took effect, with no significant difference between the two groups.
• Academic research on the 2008 short sale bans generally found that they adversely affected market quality and did not support prices.
• Our data agrees: short sale bans depress liquidity and do not provide demonstrably positive effects. They should not be an knee-jerk reaction to market volatility.

HKEx Announces Temporary Holiday Risk Management Arrangements

Date 03/10/2011

Hong Kong Exchanges and Clearing Limited (HKEx) has announced the following holiday risk management arrangements.

Success Of Foreign M&A Hinges On Global Institutional Investors - Dealmakers Should Pay Attention To Savvy Global Investors Before Entering A New Market, Study Finds

Date 03/10/2011

UK firms looking to acquire companies overseas should pay attention to global institutional investors – or risk the prospect of poorer returns, according to a new study.

FTSE And Bursa Malaysia Introduce New Sector Indices And Refine Ground Rules On Free-Float

Date 03/10/2011

FTSE Group (“FTSE”) and Bursa Malaysia Berhad (“Bursa Malaysia”) today announced the launch of a new set of Industry, Supersector and Sector indices to complement the existing FTSE Bursa Malaysia Index Series. The new FTSE Bursa Malaysia EMAS Industry indices are designed to provide investors with a comprehensive set of tools for in-depth analysis of the Malaysian stock market.

Tokyo Stock Exchange: Trading Conditions - Outlook & Initial Figures - September 2011

Date 03/10/2011

This report contains trading conditions of the Tokyo Stock Exchange for September 2011.

Tokyo Financial Exchange: Trading Volume In September 2011

Date 03/10/2011

The trading volume of Three-month Euroyen futures was 678,758 decreasing 31.0% in comparison to that of the prior year comparable month, and decreasing 34.5% in comparison to that of the prior month, and the average dailyvolume was 33,938 . 

Chi-X Europe And Russell Indexes Unveil New European Indices - Tradeable Indices Designed To Reflect Pan-European And Eurozone Markets

Date 03/10/2011

Chi-X Europe, the leading pan-European equities exchange, and Russell Indexes, a leading provider of global and U.S. indices and part of financial services firm Russell Investments, today unveil the Chi-X Europe Russell Index (CHERI™) Series of pan-European indices. The new family of indices has been specially formulated to provide users with high quality, tradeable pan-European and Eurozone indices.

First Pan-European Study On The Adoption Of ESG Practices Among Corporate Pension Funds Reveals That SRI Is Becoming Mainstream - As European Regulators Prepare To Launch New Recommendations On Sustainable And Responsible Investment, Eurosif’s 2011 Corporate Pension Funds & Sustainable Investment Study Reveals That A Majority Of EU Corporate Pension Funds Are Already Taking Steps Towards Integrating ESG Factors In Investment Decisions

Date 03/10/2011

With asset owners playing a fundamental role in influencing SRI practices, Eurosif’s 2011 Corporate Pension Funds Study shows that 56% of surveyed corporate pension funds have an SRI policy in place today and that about a quarter of those without an SRI policy intend to have one on the coming year. A greater majority feel that environmental, social and governance (ESG) factors affect the long-term performance and their integration into investment decisions is part of investors’ fiduciary duty. Equities, bonds and real estate are the most popular asset classes in the implementation of SRI policies.