News Centre

ASX Ltd Half-Year Results - Edited Media Briefing Transcript

Date 09/03/2012

Elmer Funke Kupper, ASX Managing Director and CEO: 

Welcome to the ASX results presentation for the first half of the 2012 financial year. We have people joining us here in Sydney as well as over the phone. My name is Elmer Funke Kupper, I joined the ASX as Chief Executive back in October 2011 and I am joined by my colleagues Peter Hiom our Deputy CEO and Ramy Aziz our CFO. I will present for approximately 20-25 minutes and then we will open it up for questions.

ASIC Releases Guidance And Policy Proposals For Carbon Financial Products

Date 09/03/2012

ASIC today released regulatory guidance to help business comply with its legal requirements leading up to the introduction of Australia’s carbon pricing mechanism later this year.

Shanghai Stock Exchange To Strengthen Supervision Of Blue Chip Market

Date 09/03/2012

The blue chip investment has increasingly become the common concern of both regulatory authorities and market participants. The SSE, with an aim of building a blue chip market, is faced with both arduous tasks and rare development opportunities.

Shenzhen Stock Exchange Reminds Small-Medium Investors To Rationally Participate In New Stock First-Day Trading

Date 09/03/2012

March 08 was the first day for the Shenzhen Stock Exchange to carry out the system for temporary trading suspension on the first day for IPO stock listing, and on the same day, the two new stocks, i.e., Blue Silver Equipment and Boya Bio-pharmaceutical, was listed on ChiNext board. Boya Bio-pharmaceutical rose 52 percent at the market opening; and its trading had to been suspended temporarily from 9:51 a.m. through 14:57 p.m. due to over 50 percent hands change ratio; until the market close, the stock gained 55.20 percent with the daily hands change ratio of 62.97 percent. Blue Silver Equipment rose 27.34 percent at the market opening; and its trading also had to been suspended accidently from 9:57 AM through 14:57 PM due to over 50 percent hands change ratio; until the market close, the stock gained 29.84 percent with the daily hands change ratio of 63.49 percent. Compared to other stocks newly listed on ChiNext board, the above two new stocks had the significantly decreasing fluctuation in intraday trading with the dramatically slid hands change ratio, signaling that the efforts to prevent speculation had gotten the positive effect.

ASX Ltd Half-Year Results - Edited Analyst Briefing Transcript

Date 09/03/2012

John Heagerty from Credit Suisse: 

A couple of questions please. Firstly on the trends you are seeing at the moment. You have given us some overview of the trends for six weeks, but would you consider yourself more akin to the second quarter rather than the first quarter? Can we expect a fairly subdued second half? It seems to be what you are implying. If you could just confirm that please?

Shanghai Stock Exchange To Curb Speculation Through New Procedures And Surveillance System

Date 09/03/2012

In its research report "Four Categories of Speculation: The Reasons for Long-term Market Downturn and Investors' Loss" published today, the Shanghai Stock Exchange (SSE) gave an in-depth analysis on the reasons for the prevailing of four kinds of speculation, namely, new shares speculation, small-cap stocks speculation, underperformed stocks speculation and frequent trading, on China's capital market before proposing to crack down on speculation with both technique and system.

Keynote Address: Investment Adviser Association Investment Adviser Compliance Conference/2012 By Commissioner Daniel M. Gallagher, U.S. Securities and Exchange Commission

Date 08/03/2012

I want to thank David [Tittsworth] for inviting me to speak at this conference today. It is both an honor and a pleasure to speak to you this morning. The regulatory landscape for investment advisers has changed dramatically in the past two years, and programs like this one help ensure that we are all thinking hard about the consequences of this ongoing upheaval.

Component Changes Made To Euro STOXX Select Dividend 30 Index

Date 08/03/2012

STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced changes in composition of the EURO STOXX Select Dividend 30 Index which will become effective March 19, 2012.

J.P. Morgan Securities LLC Agrees To Pay $140,000 Penalty For Confirming The Execution Of A Prearranged Trade On The CBOT - Trade Was In Ten Year U.S. Treasury Note Futures Spreads

Date 08/03/2012

The U.S. Commodity Futures Trading Commission (CFTC) today issued an order filing and simultaneously settling charges against futures commission merchant J.P. Morgan Securities LLC(JPMS) of New York, N.Y., for confirming the execution of a prearranged trade of ten year U.S. Treasury Note Futures spreads, which was a fictitious sale and noncompetitively executed on the Chicago Board of Trade (CBOT).

SEC Charges Former Executive At Coca-Cola Bottling Company With Insider Trading

Date 08/03/2012

The Securities and Exchange Commission today charged a former executive at a Coca-Cola bottling company with insider trading based on confidential information he learned on the job about potential upcoming business with The Coca-Cola Company.