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  • CESR Publishes A Progress Report On Its Dialogue With Cras To Review How The IOSCO Code Of Conduct Is Being Implemented

    Date 15/05/2007

    CESR published on December 2005 a voluntary framework to oversee compliance with the IOSCO Code (CESR 05-751). In summary, this framework includes three elements: (i) an annual letter from each Credit Rating Agency (CRA) to be sent to CESR, and made public, outlining how it had complied with the IOSCO Code and indicating any deviations from the Code; (ii) an annual meeting between CESR and the CRAs to discuss any issues related to implementation of the IOSCO Code; and (iii) CRAs would pr

  • London Stock Exchange Welcomes New ETF Issuer

    Date 15/05/2007

    Lyxor Asset Management have become the first new Exchange Traded Fund (ETF) provider to join the London Stock Exchange’s growing ETF market since a change to stamp duty rules made it easier for overseas firms to issue new stock market traded index trackers in the UK. 

  • Record Quarter For Euronext’s Revenues: €310.1m, Up 15.6% Year On Year

    Date 15/05/2007

    The first quarter of 2007 has been the best one ever with strong level of activity both on cash and on derivatives markets. These positive market conditions have allowed all business lines to register an increase in their revenues. As a result, revenues for the first quarter of 2007 reached a record level of €310.1m, a progress of 15.6% compared to the €268.1m achieved in Q1, 2006.

  • Axiss Australia a2a Newsletter Issue 158, 15 May 2007

    Date 15/05/2007

    a2a e-newsletter is a the fortnightly bulletin compiled by Axiss Australia. a2a provides a summary of key events in Australia's financial services industry and their implications for Australia's position as a global financial services centre.

  • NZAX Market – Strength In Capital Raised, Liquidity And Value To Shareholders

    Date 15/05/2007

    The New Zealand Alternative Market (NZAX) is proving to be a strong platform for growth companies to raise capital, trade and grow, thereby delivering value to shareholders.

  • Boulder Steel Of Australia Lists Shares On DIFX To Reach Regional Investors

    Date 15/05/2007

    Boulder Steel, an Australian company that is building a plant to make seamless tubes for the oil and gas industries in Australia as well as a seamless tube finishing facility in Sharjah (UAE), today listed its ordinary shares on the Dubai International Financial Exchange (DIFX).

  • SIFMA: SEC Leaves Investors In The Lurch By Not Asking For Rehearing

    Date 14/05/2007

    The Securities Industry and Financial Markets Association (SIFMA) today expressed its outrage when it became known the Securities and Exchange Commission (SEC) would not ask for a rehearing in the case of Financial Planning Association v. SEC.

  • Commission Seeks Time For Investors And Brokers To Respond To Court Decision On Fee-Based Accounts

    Date 14/05/2007

    The U.S. Securities and Exchange Commission today announced that it will ask a court to allow four months for investors and their brokers to respond in light of a court decision affecting an estimated one million fee-based brokerage accounts.

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

    Date 14/05/2007

    Standard & Poor's Canadian Index Operations announces the following index changes: The shareholders of Novelis Inc. (TSX:NVL) have accepted the $US44.93 per share cash offer from Hindalco Industries Limited (BSE:HINDALCO). Novelis Inc. will be removed from the S&P/TSX Composite and Capped Composite, the S&P/TSX Equity, Capped Equity and Equity 60, the S&P/TSX 60 and 60 Capped and the S&P/TSX Capped Materials Indices. First Quantum Minerals Ltd. (TSX:FM) will replace Novelis Inc. in th

  • FISD Announces Billing And Invoicing Best Practices - Recommendations Seek To Establish Industry Standards

    Date 14/05/2007

    The Financial Information Services Division of the Software and Information Industry Association (FISD) today announces the release of Best Business Practices for billing and invoicing for the financial information industry. The adoption of these recommendations will enhance the efficiency of these processes for data providers, data vendors and data end-user customers.