News Centre

HKFE Announces Revised Margins For Futures Contracts

Date 29/11/2011

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 Thursaday, 1 December 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.

Tokyo Grain Exchange: Rice Futures Delivery By Members November, 2011 Contract Month

Date 29/11/2011

Welcome Remarks By Mr Ravi Menon, Managing Director, Monetary Authority Of Singapore At MAS 40th Anniversary Dinner, Shangri-La Hotel, 28th Nov 2011

Date 29/11/2011

MAS at Forty

Prime Minister, Lee Hsien Loong
Deputy Prime Minister and Chairman MAS, Tharman Shanmugaratnam
Distinguished guests, ladies and gentlemen,
Staff and management of MAS are delighted to welcome you to our 40th anniversary celebrations.

SEC Penalizes Investment Advisers For Compliance Failures

Date 28/11/2011

The Securities and Exchange Commission today charged three investment advisers for failing to put in place compliance procedures designed to prevent securities law violations.

José Manuel Durão Barroso President Of The European Commission Statement By President Barroso At The Joint Press Point With President Obama And President Van Rompuy At The EU-US Summit In Washington EU-US Summit Washington, 28 November 2011

Date 28/11/2011

President Obama,

Ladies and Gentleman,

The European Union and the United States have just concluded a very useful, substantive and rewarding meeting. The European Union and the US are longstanding partners and staunch allies. The transatlantic relationship is indispensable to tackle the common challenges that we face. We have just reaffirmed our determination to work closely together for the stability of the global economy and for the benefit of our peoples.

Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices

Date 28/11/2011

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

The unitholders of Brookfield Renewable Power Fund (TSX:BRC.UN) have agreed to the Plan of Arrangement whereby the assets of the fund will be combined with the power assets of Brookfield Renewable Power Inc. to form Brookfield Renewable Energy Partners L.P. Brookfield Renewable Power Fund will be removed from the S&P/TSX Composite and Capped Composite, the S&P/TSX Completion, the S&P/TSX Composite Dividend and Equity Income, the S&P/TSX Income Trust, the S&P/TSX Capped Utilities, the S&P/TSX Clean Technology and the S&P/TSX Composite Equal Weight Indices after the close of Tuesday, November 29, 2011.

CFTC Orders London-Based Enskilda Futures Ltd. And Its Swedish Principal, Skandinaviska Enskilda Banken AB, To Pay A $150,000 Civil Penalty For Supervision Violations

Date 28/11/2011

The Commodity Futures Trading Commission (CFTC) today issued an order filing and simultaneously settling charges against Enskilda Futures Ltd. (EFL), a London-based futures commission merchant (FCM), and Skandinaviska Enskilda Banken AB (SEB) for failing to diligently supervise accounts carried by EFL in violation of CFTC regulation 166.3. SEB is a financial services group incorporated in Sweden that, according to the order, controls and directs EFL’s FCM activities. EFL’s immediate parent company is a fully-owned subsidiary of SEB. The CFTC order requires EFL and SEB jointly and severally to pay a $150,000 civil monetary penalty.

EU-U.S. Summit Joint Statement

Date 28/11/2011

1. We, the leaders of the European Union and the United States, met today at the White House to affirm our close partnership. Drawing upon our shared values and experience, and recognizing our deep interdependence, we are committed to ensuring that our partnership brings greater prosperity and security to our 800 million citizens, and to working together to address global challenges.

A New Ombudsman for the Autorité des Marchés Financiers

Date 28/11/2011

Marielle Cohen-Branche was appointed Autorité des Marchés Financiers Ombudsman as of 16 November 2011.

CFTC To Hold Open Meeting To Consider Two Final Rules And Two Proposals

Date 28/11/2011

The Commodity Futures Trading Commission (CFTC) will hold a public meeting on Monday, December 5, 2011, at 9:30 a.m., on the following topics:

(1) Final Rule on Investment of Customer Funds and Funds Held in an Account for Foreign Futures and Options Transactions;

(2) Further Notice of Proposed Rulemaking on Process for Making a Swap Available to Trade under Section 2(h)(8) of the Commodity Exchange Act

(3) Final Rule on Registration of Foreign Boards of Trade

(4) Proposed Interpretation for Retail Commodity Transactions under Commodity Exchange Act Section 2(c)(2)(D)