News Centre

New Zealand Financial Markets Authority Finding On ANZ Related Party Transaction

Date 22/08/2019

The FMA said today it has completed its inquiry into disclosure by ANZ of the sale of the property at 269 St Heliers Bay Road by Arawata Assets Limited to Deborah Veronica Walsh (the wife of former CEO, David Hisco) and has determined that ANZ New Zealand Group should have disclosed this as a related party transaction in its 2017 financial statements.

ASIC Proposes Ban On The Sale Of Binary Options To Retail Clients, And Restrictions On The Sale Of CFDs

Date 22/08/2019

ASIC has released a consultation paper Product intervention: OTC binary options and CFDs (CP 322) on proposals to use its product intervention power to address significant detriment to retail clients resulting from over-the-counter (OTC) binary options and CFDs.

Circular Of Shanghai International Energy Exchange On The Price Limit Update For SC1909

Date 22/08/2019

Shanghai International Energy Exchange, the subsidiary of Shanghai Futures Exchange has released its Circular on the Price Limit Update for SC1909 on August 21, 2019.

Winners Unveiled In SGX Orb Awards Recognising Excellence In Financial News And Content

Date 22/08/2019

• Awards broaden SGX’s efforts to promote financial education by encouraging media and content producers to empower investors with knowledge and insights

Bursa Malaysia And NCWO Kick Off Inaugural Hari Wanita Investment Seminar For Women

Date 22/08/2019

Bursa Malaysia Berhad (“Bursa Malaysia” or “the Exchange”) and the National Council of Women’s Organisations Malaysia (“NCWO”) will be jointly organising the inaugural ‘Seminar: Wanita dan Pelaburan’ on Saturday, 24 August 2019 in conjunction with Hari Wanita 2019.

Nadex Product Schedule For The UK Holiday On August 26, 2019

Date 21/08/2019

Due to the UK Holiday on Monday, August 26, 2019, the FTSE 100 contracts will have a modified trading schedule. Please refer to the Holiday Product Schedule Guidelines for specific product trading hours.

SEC Charges Broker-Dealer And CEO With Supervision Failures Related To Hedge Fund Valuation Scheme

Date 21/08/2019

The Securities and Exchange Commission yesterday charged New York-based broker-dealer AOC Securities LLC, and its former chief executive officer, Ronaldo Gonzalez, with failing to supervise an AOC broker who provided inflated price quotes for certain securities to a significant customer of AOC.

CFTC Swaps Report Update

Date 21/08/2019

CFTC's Weekly Swaps Report has been updated, and is now available.

Nigerian Stock Exchange Collaborates With JP Morgan Chase On Derivatives

Date 21/08/2019

Consistent with its commitment to developing a thriving derivatives market in Nigeria, The Nigerian Stock Exchange is collaborating with JP Morgan Chase to facilitate in-depth capacity building programme on derivatives market. The collaboration with JP Morgan is expected to promote the development of derivatives in Nigeria by helping to bridge the knowledge gap on derivatives investments and trading strategies, through knowledge transfer.

IMF Executive Board: Governors To Vote On Removing Age Limit For The Position Of Managing Director

Date 21/08/2019

The Executive Board of the International Monetary Fund (IMF) made the following statement today:

“The Executive Board has today recommended that the IMF Board of Governors vote to remove the age limit that currently applies to the position of IMF Managing Director. Since 1951, the IMF’s By-Laws have prohibited the appointment of a candidate aged 65 or over as Managing Director, and have also prohibited the Managing Director from serving past his/her 70 th birthday. Eliminating the age limit would bring the Managing Director’s terms of appointment into line with those of members of the IMF Executive Board, which the Managing Director chairs, and those of the President of the World Bank Group, who are not subject to an age limit.