News Centre

Egyptian Exchange Market Holiday - Sunday 24 July

Date 20/07/2011

EGX will be closed on Sunday 24/07/2011 as a replacement to the 23rd of July Revolution vacation. Trading will be resumed effective Monday 

FINRA Suspends William Bailey, Former NEXT Financial Broker, For Two Years For Improper Trading In Customer Accounts And Other Violations

Date 20/07/2011

The Financial Industry Regulatory Authority (FINRA) announced today that it has suspended William Bailey, a former NEXT Financial Group, Inc. broker of Mesa, Arizona, from the securities industry for two years for unsuitable and excessive trading of mutual funds and variable annuities.

Tokyo Financial Exchange: Rollover Of Leading Contract Month For Three-Month Euroyen Futures (Effective From 19 July 2011)

Date 20/07/2011

Tokyo Financial Exchange has decided to shift the leading contract month for Euroyen futures from the current March 2012
contracts to the June 2012 contracts, effective from 19 July 2011.

ESMA Consults On Systems And Controls For Highly Automated Trading

Date 20/07/2011

• ESMA publishes a consultation paper (ESMA/2011/224) today setting out its proposals for detailed guidelinesfor trading platforms, investment firms and competent authorities to address challenges of a highly automated trading environment, of which high frequency trading (HFT) is an important part.

Extraordinary Annual General Shareholders Meeting Of OJSC RTS To Take Place On August 5, 2011

Date 20/07/2011

On June 21, 2011 the Board of Directors of Open Joint Stock Company "Russian Trading System" Stock Exchange (hereinafter referred to as OJSC RTS) made the decision to conduct an extraordinary general shareholders meeting of the Company.

UK's Financial Services Authority Takes Action Against Directors Of IFA Firm For Recommending Unsuitable Investments

Date 20/07/2011

The Financial Services Authority (FSA) has imposed prohibitions on Paul Banfield and Anthony Moss, former directors of Best Advice Financial Planning Limited (Best Advice), a small independent financial advice firm which was based in Surrey. Best Advice was dissolved on 18 July 2011.

BM&FBOVESPA Announces Questionnaire For Selection Of 2012 ISE Portfolio - Questionnaire Approved By The ISE Deliberative Council Includes New Transparency Question

Date 20/07/2011

The questionnaire to decide the companies for the 2012 Corporate Sustainability Index (ISE) portfolio is available on the website www.isebvmf.com.br. , BM&FBOVESPA announced on Tuesday.

Tradar Reports Double-Digit Growth In The US - Flagship Product Insight™ Goes From Strength To Strength

Date 20/07/2011

Tradar, provider of portfolio management and accounting software to the buy-side globally, has today announced a 20 per cent uplift in its US client numbers since the start of 2011. With the investment management community facing a challenging and ever-changing environment, Tradar’s recent success reflects its ongoing commitment to delivering a robust and transparent solution with low total cost of ownership (TCO) available via on-site, or cloud based deployment options.

SGX To Announce Results On 2 August 2011

Date 20/07/2011

Singapore Exchange (SGX) has brought forward the date for release of its Financial Year 2011 (FY2011) results to Tuesday, 2 August 2011 after market closes.

ESMA Publishes A Public Statement On Retrospective Adjustments To Financial Statements Following Rejection Notes Published By The IFRS Interpretations Committee

Date 20/07/2011

To view the statement, please click here.