News Centre

Thai Bourse First Launches Mutual Fund Roadshow In Japan

Date 15/09/2016

The Stock Exchange of Thailand (SET), The Securities and Exchange Commission (SEC) and Association of Investment Management Companies (AIMC) will organize the first “Thailand-Japan Fund Roadshow”, at Tokyo Stock Exchange, Japan on September 16, 2016, aiming to expand foreign investor base in Japan, with 11 Thai asset management companies presenting Japanese fund managers the Thai mutual funds’ strengths and encouraging more investment in Thai capital market.

Theam Aims To Triple Assets Under Management In ETFs By 2020

Date 15/09/2016

THEAM, BNP Paribas Investment Partners’ specialist in capital-protected, indexed and model-driven management, has unveiled a new strategic plan for its indexed fund activities, confirming its intention to double assets under management in indexed funds and triple those of exchange-traded funds (ETFs) by 2020.

BGC Partners Announces Launch Of Exchange Offer For Its 5.125% Senior Notes Due 2021

Date 15/09/2016

BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC," or the "Company"), a leading global brokerage company servicing the financial and real estate markets, today announced an offer to exchange up to $285 million aggregate principal amount of its outstanding 5.125% Senior Notes due 2021 (the "Old Notes") for an equivalent amount of its 5.125% Senior Notes due 2021 registered under the Securities Act of 1933, as amended (the "Exchange Notes").

KCG Completes Acquisition Of Neonet

Date 15/09/2016

KCG Holdings, Inc. (NYSE: KCG) (“KCG”) today announced that it has completed the acquisition of Neonet Securities AB (“Neonet”), an independent agency broker and execution specialist based in Stockholm, Sweden. The Neonet business, which will operate as a subsidiary of KCG and be renamed KCG Neonet, will continue to be based in Stockholm and led by CEO Tim Wildenberg.  

European Parliament PRIIPs Vote Leaves No Room For Relaxation

Date 15/09/2016

Draft legislation for the implementation of the PRIIPs Regulation was rejected by Members of the European Parliament today. The unusual move throws doubt on the implementation timetable but does not in itself reduce industry pressure to prepare for compliance by 31 December 2016 as the timeline of the regulation remains in force. While the vote has invited speculation that delaying PRIIPs would be a natural next step, any delay would result in PRIIPs arriving as firms prepare for MiFID II. As such, today’s decision leaves no room for firms to relax their PRIIPs compliance efforts.

No Clear Owner Of Chat & Collaboration Within Financial Services Despite Soaring User Adoption

Date 15/09/2016

MindLink, the leading provider of secure Chat Enabled Collaboration (CEC) tools for global businesses, has today announced the results of an independent study it commissioned regarding the use of chat & collaboration technology within the financial services sector.

Object Trading First Vendor To Conform To ASX’s New Trading Platform - Object Trading Preparing Clients For ASX’s Derivatives Platform Upgrade

Date 15/09/2016

Object Trading, a provider of global, multi-asset trading infrastructure, announced today that it is the first vendor providing market access to the ASX to have conformed to the upgraded ASX 24 (futures) New Trading Platform (NTP) from Cinnober, due to go live in early 2017.  ASX 24 market participants need to connect to the NTP in order to continue trading.  Clients using Object Trading’s Direct Market Access (DMA) Platform can adapt to the NTP upgrade with ease. As exchanges globally continue to innovate, Object Trading remains ready for the multitude of updates and upgrades that occur as a result.

ASIC Releases Guidance On Review And Remediation

Date 15/09/2016

ASIC has released guidance on review and remediation conducted by Australian financial services (AFS) licensees providing personal advice to retail clients.

CME Group Announces Launch Of First-Ever Precious Metals Spread And Ratio Futures Contracts

Date 15/09/2016

CME Group, the world's leading and most diverse derivatives marketplace, today announced the launch of the first-ever, exchange-traded precious metals spread and ratio futures contracts. The three new contracts include Gold/Silver Ratio futures, Gold/Platinum Spread futures and Platinum/Palladium Spread futures and will begin trading on Monday, October 24, 2016, pending regulatory review.

CFTC Staff Announces That Yieldbroker Pty Limited Qualifies For No-Action Relief In Connection With CFTC No-Action Letter No. 15-29

Date 14/09/2016

The U.S. Commodity Futures Trading Commission’s (CFTC) Divisions of Market Oversight (DMO) and Swap and Intermediary Oversight (DSIO) today announced that Yieldbroker, a multilateral swaps trading facility that is licensed and regulated in Australia, has qualified for no-action relief in connection with CFTC No-Action Letter No. 15-29 (see Qualified Australian Licensed Market Letter or QALM Letter under Related Links). This makes Yieldbroker the first foreign-regulated, multilateral swap trading facility that permits direct access to U.S. persons to qualify for long-term no-action relief from the requirement to register as a swap execution facility (SEF) with the CFTC.