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  • FTSE Xinhua Launches Sector Indices For A200 Benchmark

    Date 16/05/2007

    FTSE Xinhua Index (FXI), the leading China index provider, today announced the launch of FTSE Xinhua 200 Sector Indices on A shares, which include 38 sectors classified according to the Industry Classification Benchmark (ICB). The new indices will be distributed from today with the base date at June 18, 2001.

  • Shanghai Stock Exchange Publishes "Detailed Rules For Designated Trading"

    Date 16/05/2007

    The "SSE Detailed Rules for Designated Trading", issued by the Shanghai Stock Exchange (SSE) yesterday, made modifications to the "Trial Measures on Overall Designated Trading System" issued in 1997 in line with the newly implemented "Trading Rules" (implemented on July 1, 2006) and the "Detailed Rules for Implementation of PBUs" (implemented on May 8, 2007). The new "Rules" will be implemented as of today (May 15, 2007), with the "Trial Measures" abolished at the same time.

  • BGC Names Industry Veteran As CFO - Robert West Joins BGC Management Team

    Date 16/05/2007

    BGC Partners, Inc. (“BGC”), a leading inter-dealer broker providing integrated voice and electronic execution and other brokerage services to banks, brokerage houses and investment banks worldwide, announced that Robert K. West has been named Chief Financial Officer.

  • MICEX: Agreement On Order And Terms Of Purchases And Sales Of Foreign Currency

    Date 16/05/2007

    The MICEX has worked out the draft Trading Agreement, prepared in the framework of the project to transfer clearing functions in the exchange-based currency market to the National Clearing Center (NCC). Soon, the MICEX will submit the draft Trading Agreement to the Bank of Russia and leading operators in the exchange-based currency market. Under the Agreement, the MICEX incurs subsidiary liability before participants in the UTS for the obligations of the NCC in trading in the UTS. The extraor

  • ICE Announces New Daily Volume Records In Brent Crude Oil, Electronically Traded Sugar And NYBOT Softs

    Date 16/05/2007

    IntercontinentalExchange (NYSE: ICE), the leading electronic energy marketplace and soft commodity exchange, announced that its U.K. regulated ICE Futures subsidiary and its U.S. regulated New York Board of Trade (NYBOT) subsidiary both established new daily volume records yesterday.