News Centre

UK's Financial Services Authority Fines Spread Bet Broker £490,000 For Transaction Reporting Failures

Date 20/01/2011

The Financial Services Authority (FSA) has fined City Index Limited (City Index) £490,000 for failing to provide accurate transaction reports to the FSA.

EEX Not Affected By Unauthorised Account Access To Emissions Trading - Trading And EUA Primary Market Auction At EEX Continues

Date 20/01/2011

The structures and processes of the European Energy Exchange (EEX) and the clearing subsidiary European Commodity Clearing (ECC) have proven again reliable and secure despite recent hacking attacks on diverse national emissions trading registries. The EU Commission has suspended all national and international transactions for all European EUA registries for safety reasons until 26 January 2011, 19:00 CET earliest. The declaration of the EU Commission can be found at:

Colombia And Peru Exchanges To Merge - First Merger Of Stock Exchanges In Latin America

Date 20/01/2011

The Lima Stock Exchange, LSE, and the Bolsa de Valores de Colombia, BVC, signed a Memorandum of Understanding to take the first steps to carry out the corporate merger of these two companies.

UK's Financial Services Authority Confirms Professional Standards For Investment Advisers From 2013

Date 20/01/2011

The Financial Services Authority (FSA) has today confirmed that, after extensive consultation, retail investment advisers will need to hold a Statement of Professional Standing (SPS) if they want to give independent or restricted advice after January 2013.

HKFE Announces Revised Margins For China Life Insurance Futures Contract

Date 20/01/2011

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 Monday, 24 January 2011, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contract will be as outlined in the table below.  The adjustments are based on the clearing company's normal procedures and standard margin

ABN AMRO Clearing Joins LCH.Clearnet's SwapClear - SwapClear Membership Reaches 37

Date 20/01/2011

ABN AMRO Clearing (ABN AMRO Clearing Bank N.V.) has successfully commenced clearing its interbank interest rate swap (IRS) trades through SwapClear, LCH.Clearnet Ltd’s (LCH.Clearnet) market leading over-the-counter (OTC) IRS clearing service, thereby significantly reducing counterparty, credit and operational risk. The total number of SwapClear clearing members now stands at 37.

Green Exchange: Suspension Of Trading And Force Majeure Declaration With Respect To Daily European Union Allowance (EUA) Futures (Code EUL) Contract

Date 20/01/2011

Today, the European Commission suspended transfers at all European Emissions Trading Scheme Registries until at least January 26, 2011. The suspension is due to recent security breaches at certain EU member state emissions registries. The UK Greenhouse Gas Emissions Trading Scheme Registry, which is the standard delivery facility for the Exchange’s Daily European Union Allowance (EUA) Futures (code EUL) contract, is subject to the suspension.

RTS Group’s Overview Of 2010

Date 20/01/2011

2010 was another year of successful development for the RTS Group. Total trading volume of the RTS Group markets was up 94.38% compared with 2009 reaching USD1.55 trillion. Stock market turnover was up 108.17% year on year to USD122.77 billion. Trading volume of FORTS, RTS futures and options market, was USD964.1 billion, up 111.36% on 2009.

SIX Swiss Exchange And Liquidnet Enter Agreement To Provide A Platform For The Execution Of Large Block Trades In European Securities

Date 20/01/2011

SIX Swiss Exchange and Liquidnet, the institutional equities marketplace, announced today that they have signed an agreement by which SIX Swiss Exchange members and Liquidnet’s buy side market participants will be able to execute large block trades efficiently in both Swiss and other European equities. The liquidity in Liquidnet’s exclusive liquidity pool will be available to SIX Swiss Exchange members and Liquidnet members will benefit from the additional liquidity provided by SIX Swiss Exch

Statement of FINRA Regarding the SEC's Study on Enhancing Investment Adviser Examinations

Date 19/01/2011

The SEC has thoughtfully evaluated the need for additional oversight of investment advisers and has rightly concluded that having the ability to leverage SRO resources could be advantageous to assisting the Commission. We agree with the SEC that an SRO can augment government oversight programs through more frequent examinations. As we have consistently stated, customers of investment advisers would benefit from the additional protection afforded by SRO oversight. Investors deserve the same leve