News Centre

ETFGI Reports Assets Invested In ETFs/ETPs Listed Globally Reached A New Record High Of 3.408 Trillion US Dollars At The End Of Q3 2016

Date 19/10/2016

ETFGI, the leading independent research and consultancy firm on trends in the global ETF/ETP ecosystem, today reported assets invested in ETFs/ETPs listed globally reached a new record high US$3.408 trillion at the end of Q3 2016. Net flows gathered by ETFs/ETPs in September were strong with US$25.19 Bn of net new assets gathered during the month marking the 32nd consecutive month of net inflows, according to preliminary data from ETFGI’s September 2016 global ETF and ETP industry insights report (click here to view the ETFGI global asset growth chart).

SIX Interbank Clearing: QR Code To Replace The Currently Used Inpayment Slips

Date 19/10/2016

The Board of Directors of SIX Interbank Clearing Ltd has decided to revise the inpayment slip with data code planned for mid-2018. 

Systemic Risk Council Comments On The Financial Stability Board's Consultative Document On Asset Management Activities

Date 19/10/2016

On October 15, 2016, the Systemic Risk Council submitted a comment letter to the Financial Stability Board (FSB) on its recent Consultative Document, in which the FSB proposed policy recommendations intended to address structural vulnerabilities in the asset management industry.

Shanghai Futures Exchange Launches New Market Surveillance Platform Powered By Nasdaq’s SMARTS

Date 19/10/2016

Nasdaq (Nasdaq:NDAQ) have officially announced that Shanghai Futures Exchange (SHFE), one of the world’s largest futures markets, has launched a new market surveillance platform powered by SMARTS, Nasdaq’s flagship surveillance solution.

Japan's Financial Services Agency: The First Meeting Of The Task Force On Fair Disclosure Rule Of The Financial System Council

Date 19/10/2016

The Task Force on Fair Disclosure Rule of the Financial System Council will hold its first meeting on October 21st, 2016 as follows.

The meeting is open to the public. Please note that the seats for the public are limited. We appreciate your understanding.

Securities Commission Malaysia Files Civil Suit Against Dato’ Sreesanthan Eliathamby For Insider Trading

Date 19/10/2016

Securities Commission Malaysia (SC) has filed a civil suit at the Kuala Lumpur High Court against Dato’ Sreesanthan Eliathamby for insider trading involving the shares of Worldwide Holdings Bhd (Worldwide).

Minutes Of The Federal Reserve Board's Discount Rate Meetings From August 29 And September 19, 2016

Date 19/10/2016

The Federal Reserve Board on Tuesday released the minutes of its discount rate meetings for August 29 and September 19, 2016.

Statement By Department of Financial Services Superintendent Maria T. Vullo Regarding Pension System Report

Date 18/10/2016

Yesterday the Department of Financial Services (DFS) issued a report finding that the New York State Common Retirement Fund (CRF), managed by the New York State Comptroller as sole trustee, for years has invested pension system funds in high-cost underperforming hedge funds, costing the system $3.8 billion over the last eight years. Contrary to the statement by the Comptroller’s communications director, and despite the fact that DFS, as regulator, had no obligation to inform them, the Comptroller’s office was well aware of this review. In a letter sent on September 9, 2016, DFS raised specific questions about the management and investment allocations of the CRF. None of the information provided to DFS in response to the September letter validates the claims being made now. And putting aside all of the bluster, the Comptroller has not contested, because he cannot contest, the fact that he took 8 years to address these significant issues while pension fund managers nationwide have significantly cut or entirely eliminated their hedge fund investments. Prior to the release of our report, I personally called the Comptroller but he has yet to return my call. DFS stands by its report and will continue to exercise its oversight of the pension systems and maintain its obligation to the public to report on these important issues.

Treasury International Capital Data For August

Date 18/10/2016

The U.S. Department of the Treasury today released Treasury International Capital (TIC) data for August 2016.  The next release, which will report on data for September 2016, is scheduled for November 16, 2016.

Statement Of CFTC Chairman Timothy Massad On The Southwest Power Pool Final Order And The Amended RTO-ISO Order

Date 18/10/2016

I support this order, which comes after careful review of the issue, including comments from many market participants.