News Centre

CFTC Orders California Resident Irina Feldman And Her Companies Cindium Inc. And Einstein Exchange Group Inc. To Pay More Than $600,000 For Solicitation Fraud And Misappropriation In Commodity Pool Scheme - All Of Pool Participants’ Funds Were Misappropriated To Pay “Monthly Returns” To Participants And For Personal And Business Expenses

Date 23/08/2016

The U.S. Commodity Futures Trading Commission (CFTC) today issued an Order filing and simultaneously settling charges against Respondents Irina Feldman, Cindium Inc. (Cindium), and Einstein Exchange Group Inc. (Einstein) for committing solicitation fraud and misappropriation in connection with operating a commodity pool that offered foreign currency (forex) and commodity futures transactions, among other investments and for failing to register with the CFTC as Commodity Pool Operators (CPOs) and Commodity Trading Advisors (CTAs) as required. Feldman is a resident of Beverly Hills, California, and Cindium and Einstein are located in Century City, California. None of the Respondents has ever been registered with the CFTC.

Canadian Securities Regulators To Measure Impact Of Point of Sale Amendments And Phase 2 Of The Client Relationship Model

Date 22/08/2016

The Canadian Securities Administrators (CSA) today announced a multi-year research project to measure the impacts of requirements introduced by Phase 2 of the Client Relationship Model (CRM2) and the Point of Sale (POS) amendments on investors and the industry.

EEX Publishes 2016 Auction Calendar For The New EU Common Auction Platform - Auctions To Resume On 5 September – Dates And Volumes Announced

Date 22/08/2016

The European Energy Exchange (EEX) has determined the Auction Calendar for the auctions of EU allowances (EUA) and EU aviation allowances (EUAA) to be held on the successor EU common auction platform (“CAP2”), in accordance with the EU Auctioning Regulation.

London Metal Exchange: Temporary Closure Of 10 Finsbury Square

Date 22/08/2016

The LME has been informed by the building manager that, following the issue identified on 16th July, 2016, repairs are on schedule to be completed by 22nd August.                                 

CME Group Expands Base Metals Offering With Two New Alumina Futures Contracts

Date 22/08/2016

CME Group, the world's leading and most diverse derivatives marketplace, today announced it will expand its base metals offering with the introduction of Alumina FOB Australia (S&P Global Platts) futures and Alumina FOB Australia (Metal Bulletin) futures. Both contracts will begin trading on September 26, 2016. Pending relevant regulatory review periods, these new contracts will be available for trading on CME Globex, for submission for clearing through CME ClearPort, and will be listed with and subject to COMEX rules.

TIM Group Bolsters Size Of Us Offices With Three New Hires - Three New Hires Reinforce TIM Group’s Presence In The US Market And Pave The Way For Further Expansion In The Region - Jay Goldenstein, Christopher Kleparek And Austin Mueller Join The Team To Support Increased Client Demand For Predictive Analytics

Date 22/08/2016

TIM Group, a global provider of software, services and platforms for institutional investors to achieve market-beating returns, has recruited three further members to work in its New York office, to increase its footprint in a key market and to continue to support its US clients.

Nigerian Stock Exchange And Bloomberg Set To Hold 2nd CEO Roundtable - With The Theme ““Navigating The Changing Business Landscape In Nigeria”

Date 22/08/2016

The Nigerian Stock Exchange (NSE) in collaboration with Bloomberg is set to host the 2nd NSE Bloomberg CEO Roundtable Event on Wednesday, 31st  August 2016 at the Stock Exchange House, Marina, Lagos.

DIFC Establishes Wealth Management Working Group

Date 22/08/2016

The Governor of the DIFC, HE Essa Kazim, has established a DIFC Wealth Management Working Group to discuss and compile an updated wealth management strategy for the DIFC. Its key focus areas will be to consider the enhancement of DIFC as a wealth management provider and succession planning platform for GCC families, as well as deepening the DIFC’s core offering to the international wealth management community.

Thai Alternative Bourse's Listed Firms Reports Upbeat Q2 Earnings

Date 22/08/2016

• Q2 net profits worth THB 2.33 billion, 25.35 pct rise from a year earlier
• Total sales up 1.65 pct y-o-y at THB 33.41 billion
• Cost control helped boost gross profit margins to 25 pct
• Financials, Services, Consumer Products and Resources among top performer industry groups

Extension Of Authorisation Of The Clearing House KDPW_CCP

Date 22/08/2016

The Polish Financial Supervision Authority (KNF) has extended the authorisation of the clearing house KDPW_CCP to cover new classes of instruments and categories of acceptable collateral as of 9 August 2016. KNF’s decision allows KDPW_CCP to offer new services: the clearing of EUR-denominated instruments in organised trading (exchange market and ATS) and in OTC trade(interbank market), as well as the clearing of PLN-denominated OTC debt instruments. The extended authorisation of the clearing house allows it to accept collateral in EUR, including both cash and bonds.