News Centre

HKFE Announces Revised Margins For Sun Hung Kai Properties Futures

Date 30/10/2012

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 Friday, 2 November 2012, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contract will be as outlined in the table below. The adjustments are based on the clearing company’s normal procedures and standard margining methodology.

Bank Negara Malaysia (BNM) And Securities Commission Malaysia (SC) Sign MOU To Enhance Joint Regulatory Oversight

Date 30/10/2012

Bank Negara Malaysia (BNM) and the Securities Commission Malaysia (SC) signed a new Memorandum of Understanding (MOU) on 30 October 2012.  This MOU builds on and further strengthens the MOUs signed by BNM and the SC in 2002 and 2007 respectively.  It takes into account the changing financial landscape and the new international regulatory regime.

European Central Bank And Bank Of Russia Sign A Memorandum Of Understanding

Date 30/10/2012

Mario Draghi, President of the European Central Bank (ECB), and Sergey M. Ignatiev, Chairman of the Bank of Russia, have signed a Memorandum of Understanding laying the groundwork for continued cooperation between the two institutions in the field of central banking.

Thai Bourse And Thaipat Institute Continue CSR Days To Give Intensive Advice For Listed Companies

Date 30/10/2012

Corporate Social Responsibility Institute (CSRI), under The Stock Exchange of Thailand (SET), and Thaipat Institute jointly announce the  continuation of CSR Day events into its fourth phase (2012-2013) to provide intensive advice for companies to conduct sustainability report after holding more than 300 training events, attracting more than 12,000 participants over the last three phases.

Frankfurt Stock Exchange: IPO By Telefónica Deutschland Holding AG In The Prime Standard - Issue Volume Of Approximately 1.45 Billion Euros

Date 30/10/2012

Telefónica Deutschland Holding AG (ISIN: DE000A1J5RX9) joined the Prime Standard of the Frankfurt Stock Exchange on 30 October. The placement volume in shares at the IPO totalled 258,750,000. The placement price was €5.60 and the initial listing price €5.70.

J.P. Morgan and UBS Investment Bank are the lead managers. Walter Ludwig Wertpapierhandelsbank is supporting the IPO as designated sponsor.

JD Wetherspoon Celebrates 20 Years On London Stock Exchange

Date 30/10/2012

London Stock Exchange this morning celebrated the anniversary of JD Wetherspoon's twenty year listing on the Main Market. Founder and Chairman, Tim Martin, was joined by JD Wetherspoon staff and London Stock Exchange, Head of UK Primary Markets, Marcus Stuttard. Over 30 representatives from the company, including staff that have been with JD Wetherspoon since they became a public company, marked the occasion by opening London trading.

Japan Securities Clearing Corporation Launches New IRS Clearing Service Using The Calypso System - Partnership Extended From Clearing CDS To IRS

Date 30/10/2012

Calypso Technology Inc., the global capital markets platform provider, announced today that Japan Securities Clearing Corporation (JSCC), a member of the Tokyo Stock Exchange Group, has gone live with the Calypso system for its interest rate swaps (IRS) central counterparty (CCP) clearing service. Calypso is used for initial and variation margin calculations (using Yen OIS discounting), trade lifecycle processing and risk management.  This clearing service is the first yen-denominated IRS clearing service in Asia Pacific. 

ECC Welcomes Prague-Based PXE As A New Partner Exchange

Date 30/10/2012

The European Commodity Clearing (ECC) has won the Prague based POWER EXCHANGE CENTRAL EUROPE (PXE) as a new partner exchange. According to the co-operation agreement between the two companies, ECC is scheduled to begin its activities as the central counterparty for PXE from the end of the first quarter of 2013.

Finasta To Become A Market Maker For Ekspress Grupp

Date 30/10/2012

The NASDAQ OMX Group, Inc. announces that as of October 30, 2012 Finasta bank will become a liquidity provider for the shares of Ekspress Grupp listed on NASDAQ OMX Baltic Main List. Ekspress Grupp is the second issuer whose shares are covered by Finasta.

UBS Announces Strategic Acceleration From A Position Of Strength

Date 30/10/2012

• UBS reinforces commitment to deliver more sustainable and attractive returns; significantly reshaping its Investment Bank
• Group Basel III RWAs¹ targeted to be reduced further to below CHF 200 billion by end 2017; Investment Bank will operate with Basel III RWAs of less than CHF 70 billion effective 1.1.13
• Group-wide efficiencies targeting incremental CHF 3.4 billion annual cost savings with total savings of CHF 5.4 billion by 2015; UBS investing CHF 1.5 billion across all of its business divisions
• With immediate effect, Andrea Orcel to lead the Investment Bank; Carsten Kengeter to step down from Group Executive Board and lead management of exited Investment Bank businesses and positions