News Centre

KRX To List TIGER Consumer ETF On January 17, 2012

Date 13/01/2012

The Korea Exchange will be listing TIGER Consumer ETF on its KOSPI Market on Jan 17, 2012.

MCX Weekly Market Report: January 06, 2012 – January 12, 2012

Date 13/01/2012

MGEX: Position Limits Increase For U.S. Wheat Contracts

Date 13/01/2012

WHO: MGEX, (Minneapolis Grain Exchange, Inc.)

WHAT: On January 17, 2012, Position Limits (on a futures-equivalent basis) for Hard Red Spring Wheat (HRSW) will increase from 5,000 contracts in a non-spot single month, and 6,500 contracts in all months, to 12,000 contracts in a non-spot single month and 12,000 contracts for all months. Spot month position limits will not change. Position limits at MGEX are 600 contracts in the spot month.

IMF Statement On Hungary

Date 12/01/2012

International Monetary Fund (IMF) Managing Director Christine Lagarde issued the following statement on Hungary today:

“I met today with a Hungarian delegation led by Minister Tamas Fellegi. We had a useful exchange about the latest economic developments in Hungary and about how best the IMF can assist the country in addressing the current economic situation."

Emerging Long-Term Trends Key To Unlocking Asia Wealth - Cerulli Contends That Mutual Funds Can Gain Access To A Larger Piece Of Asians' Wealth, If They Carve Opportunities Out Of Several Long-Term Developments

Date 12/01/2012

The Asia-Pacific region is dealing with intensified regulations, pressured revenues, narrowing distribution, reluctant inflows, and other challenges. Cerulli contends, however, that opportunity presents itself in long-term trends such as changes in regulation that will actually expand investment opportunities and demographic and market developments that will facilitate sales of products that do not currently have a strong presence among Asian investors.

Large Firms Elect Gregory Fleming To FINRA Board Of Governors

Date 12/01/2012

The Financial Industry Regulatory Authority (FINRA) today announced that Gregory J. Fleming, President of Morgan Stanley Smith Barney and President of Morgan Stanley Investment Management, was elected as a Large Firm Governor on FINRA's Board of Governors. Mr. Fleming fills the seat vacated by Sallie L. Krawcheck, former President of Global Wealth & Investment Management, Bank of America.  

Standard & Poor's Announces Changes In The S&P/TSX Venture Composite Index

Date 12/01/2012

Standard & Poor's will make the following changes in the S&P/TSX Composite Index:

Meadow Bay Gold Corporation (TSXV: MAY) will graduate to trade on TSX at the open of trading on Monday, January 16, 2012. The ticker symbol will remain "MAY" and the CUSIP number will remain 583081 10 4. The company will be removed from the S&P/TSX Venture Composite Index after the close of trading on Friday, January 13, 2012.

SIFMA Holds 2012 "State of the Industry" Briefing

Date 12/01/2012

SIFMA today briefed members of the media on the Association's priorities for 2012 and discussed the current state of the financial sector.

Standard & Poor's Announces Changes In The S&P/TSX Venture Composite Index

Date 12/01/2012

Standard & Poor's will make the following changes in the S&P/TSX Composite Index:

Oracle Mining Corp. (TSXVN:OMN) will graduate to trade on TSX at the open of trading on Friday, January 13, 2012. The ticker symbol will remain "OMN" and the CUSIP number will remain 68404G 10 3. The company will be removed from the S&P/TSX Venture Composite Index after the close of trading on Thursday, January 12, 2012.

Texas-Based Accountant Pleads Guilty To Lying To SEC Investigators

Date 12/01/2012

The Securities and Exchange Commission today announced that a former audit partner at accounting and consulting firm BDO USA LLP has pled guilty to criminal charges for lying to SEC enforcement staff during investigative testimony.