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Progress Is Being Made: Continued Focus On Addressing Implementation Matters, Sagar Teotia, SEC Deputy Chief Accountant, Remarks Before The 37th Annual SEC And Financial Reporting Institute Conference, Los Angeles, CA, June 7, 2018
Date 07/06/2018
Introduction
Good morning and thank you for the kind introduction.
Before I begin, let me remind you that the views expressed are my own and not necessarily those of the Commission, the Commissioners, or other members of the staff.
Please let me first express a word of gratitude to the accounting group (“Accounting Group”) within the Office of the Chief Accountant (“OCA”) for all of their work including their efforts on revenue recognition, leases, and measurement of credit losses on financial instruments (“new GAAP standards”) that we will be discussing today. I also want to specifically acknowledge Michael Berrigan, Andrew Pidgeon, Brian Staniszewski, Sheri York, and Rahim Ismail for their assistance in today’s remarks.
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Euronext Announces Quarterly Review Results Of The CAC® Family Indices
Date 07/06/2018
Euronext today announced the results of the quarterly review of the CAC family indices. The changes following the review will be effective from Monday 18 June 2018.
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CME Group Announces Corn Futures Open Interest Record, Surpassing 2 Million Contracts
Date 07/06/2018
CME Group, the world's leading and most diverse derivatives marketplace, today announced Corn futures open interest reached a record 2,006,600 contracts on June 6, surpassing the 2 million contracts milestone for the first time. The previous record was 1,995,835 contracts set on June 4, 2018.
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Announcement Regarding Eid Al Fiter Holiday For The Saudi Stock Exchange (Tadawul)
Date 07/06/2018
The Saudi Stock Exchange (Tadawul) is pleased to confirm that Eid Al Fiter will commence on Tuesday the 12th of June 2018 (28 of Ramadan 1439). Accordingly, trading will be as follows:
- Trading will discontinue at the end of trading day 12/6/2018 (28 of Ramadan 1439).
- Trading will resume after the holiday on 20/6/2018 (6 of Shawaal 1439).
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Transcend Hires Former JPMorgan Securities Finance Exec Marcoullier
Date 07/06/2018
Transcend, a leading provider of real-time collateral and liquidity management technology, has appointed BJ Marcoullier Head of Sales. In this role, Marcoullier will be responsible for driving the firm’s business development efforts.
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Lutz Raettig Named Honorary Chairman Of The Exchange Council Of The Frankfurt Stock Exchange - Honour For Outstanding Services To The Stock Exchange And The Financial Centre
Date 07/06/2018
Today's meeting of the Exchange Council of the Frankfurt Stock Exchange has named Lutz Raettig its honorary chairman. Raettig is being recognised for his outstanding accomplishments to the Frankfurt Stock Exchange and the financial centre of Frankfurt. He has been a member of the Exchange Council since 2001, and was chairman of the committee from 2002 to 2017. This is the first time the title has been conferred.
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ACER Organises A Workshop To Decide On The Gas Booking Platform For The German-Polish Border
Date 07/06/2018
On 19 June the Agency will hold a workshop at its premises to gather input from stakeholders before it issues a Decision to select a booking platform for the German-Polish border. The issue was referred to ACER from the German and Polish National Regulatory Authorities for Energy (NRAs).
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Thomson Reuters Announces New US$1 Billion Share Repurchase Program
Date 07/06/2018
Thomson Reuters (TSX / NYSE: TRI) today announced that it plans to buy back up to an additional US$1 billion of its shares under a new repurchase program. The new buyback program is in addition to the US$500 million repurchase program that Thomson Reuters announced in May 2018. Thomson Reuters has repurchased approximately US$231 million of shares since resuming buybacks last month.
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SET’s 13th President Rolls Out Strategic Direction “Creating Partnership Platform To Drive Inclusive Growth”
Date 07/06/2018
The Stock Exchange of Thailand (SET)’s 13th President has announced the strategic direction “Creating Partnership Platform to Drive Inclusive Growth” with four agendas: Transform, Strengthen, Enhance, and Grow with quality aiming at promoting market quality, improving market accessibility, building capital market infrastructures as well as removing obstacles and streamlining processes for the whole capital market, reinforcing SET’s vision “To Make the Capital Market ‘Work’ for Everyone.”
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Nigerian Stock Exchange Holds 57th AGM, Announces 2017 Full Year Operating Results
Date 07/06/2018
- Group recorded total income of N8.30billion, representing 86% YoY Growth
- Posts surplus before tax of N3.8billion, up by 5,629% compared to 2016
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