News Centre

STOXX Launches Minimum Variance Index For Europe - New Index Initiated By And Licensed To Ossiam To Underlie Exchange-Traded Fund

Date 24/06/2011

STOXX Limited, the market-moving provider of innovative, tradable and global index concepts, today announced the launch of the iSTOXX Europe Minimum Variance Index. The new strategy index uses Harry M. Markowitz' Nobel Prize winning Modern Portfolio Theory to create a hypothetical, long-only risk-optimized portfolio that selects and weights constituents of the STOXX Europe 600 Index in such a way that the portfolio's expected variance is minimized. 

UK's Financial Services Authority: Financial Services Compensation Scheme Board Appointments

Date 24/06/2011

The Financial Services Authority (FSA) has appointed Liz Barclay, Jayne Nickalls and David Weymouth as non-executive directors to the board of the Financial Services Compensation Scheme (FSCS).

MCX Weekly Market Report June 17, 2011 – June 23, 2011

Date 24/06/2011

Click here to download the MCX weekly report for the week ending 23 June.

Japan's Financial Services Agency Publishes Newsletter No.94

Date 24/06/2011

Click here to download FSA Newsletter No.94.

Tokyo Grain Exchange Circuit Breakers In And After July 2011

Date 24/06/2011

Click here to download Tokyo Grain Exchange's circuit breakers in and after July 2011. 

IMF Statement On The Executive Board’s Conclusion Of Meetings With Candidates For The Position Of The Next Managing Director

Date 24/06/2011

Mr. A. Shakour Shaalan, Dean of the Executive Board of the International Monetary Fund (IMF), issued the following statement today following meetings with the two candidates for the position of the next Managing Director.

Bursa Malaysia Derivatives Crude Palm Oil Futures (FCPO) Open Interest Hits Record High

Date 24/06/2011

Open interest for crude palm oil futures (FCPO) on Bursa Malaysia Derivatives (BMD) hit an all-time high of 116,442 contracts on 23 June 2011, surpassing the previous open interest record of 115,257 contracts on 20 June 2011. This is due to stronger interest in FCPO contracts by local and international traders in the FCPO market.

Statement By Christine Lagarde To The IMF Executive Board

Date 24/06/2011

Members of the Executive Board,

Let me first thank you for the very productive bilateral meetings I had with each of you yesterday and this morning. I truly value the occasion to exchange views and to benefit from your insight. I am equally honoured to deliver to the full Executive board some preliminary remarks, before answering any question you might have.

NZX CEO Share Transfer

Date 24/06/2011

NZX confirms to the market that, under the terms of the 2007 CEO Share Plan, NZX CEO Mark Weldon purchased 896,264 NZX shares that had met the requirements for qualification under the Plan on 21 June 2011. 

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

Date 23/06/2011

Standard & Poor's Canadian Index Operations announces the following index changes:

• The shareholders of TimberWest Forest Corp. (TSX:TWF.UN) have accepted the $CDN6.16 cash per unit offer from the British Columbia Investment Management Corporation (bcIMC) and the Public Sector Pension Investment Board (PSP Investments). TimberWest will be removed from the S&P/TSX SmallCap Index after the close of Tuesday, June 28, 2011.