News Centre

MNI China Car Purchase Indicator: Fall In Gas Price Expectations Buoys Chinese Sentiment Toward Car Market - Plans To Buy Fall Further On Budget Constraints

Date 02/03/2016

An expectation of cheaper fuel prices pushed overall consumer confidence towards the auto market higher in February, although concerns about future household finances meant that purchase expectations and budget fell back.

Dubai Gold & Commodities Exchange Appoints Ex-Banker To Look After MENA Portfolio

Date 02/03/2016

DGCX announced new appointments to its commercial division in a statement on Tuesday

Abdullah Harmoozi, who has been with HSBC for five years looking at various roles within the wealth management and global markets space, has taken on the position of Business Development for the MENA region for the country's leading derivatives trading bourse, Dubai Gold & Commodities Exchange. His key mandate will be to grow DGCX'S market share in the MENA region by working with local banks and financial institutions to use the regulated exchange platform for their trading, hedging, investment and risk management needs.

HKEX 2015 Final Results

Date 02/03/2016

Following a notable uplift in trading volume in the second quarter of 2015, the Hong Kong stock market trended downward throughout the third and fourth quarters in light of the increased uncertainties and concerns over the global and China’s economic prospects. Despite the volatility experienced during the year, our markets demonstrated their strengths as mature, orderly and fair. Our risk management measures have remained effective, and our trading and clearing systems continue to perform up to our high standards.

Sunday, 6 March 2016, Official Holiday In Qatar Stock Exchange

Date 02/03/2016

In implementation of the council of minister’s decision No.(33) of 2009 in respect to the state’s official holidays, considering the first Sunday of March every year as an official holiday to Qatar Central Bank, Banks and Financial Institution regulated by Qatar Central Bank “QCB” and Qatar Financial Markets Authority “QFMA” and Qatar exchange “QE”.

US Attorney General Loretta E. Lynch Delivers Remarks At RSA Conference On Cybersecurity, San Francisco, CA, United States ~ Tuesday, March 1, 2016

Date 01/03/2016

Good afternoon, and thank you for that warm welcome.  I want to thank the organizers of this conference for making this important gathering possible.  It is a pleasure and a privilege to share this room with so many innovative professionals and knowledgeable security specialists.  I am excited to have the opportunity to speak with you today.  Twenty-five years ago – long before words like “smartphone” and “WiFi” became part of our everyday vocabulary – the RSA Conference was founded on the belief that technological innovation presents not only extraordinary opportunities, but also unprecedented challenges – and that overcoming those challenges would require bold thinking and close cooperation.  In the quarter century since that inaugural meeting, the RSA Conference has played a key role in spurring groundbreaking conversations, catalyzing new ideas, and forging the lasting partnerships that ensure our capacity for developing technology is matched by our ability to protect it.

CBOE Futures Exchange Reports February 2016 Trading Volume - VIX Posts Monthly ADV Of 204,609 Contracts - 4.1 Million VIX Futures Contracts Traded - VIX Futures ADV Up 23% From February 2015

Date 01/03/2016

CBOE Futures Exchange, LLC (CFE®) today reported that February average daily volume (ADV) was up 23 percent from February 2015, but down 25 percent from January 2016. Exchangewide total volume also rose in February compared with a year ago, up 29 percent compared with February 2015, but down 21 percent from January 2016.

New York State Department Of Financial Services: Industrial Bank Of Korea Agrees To Strengthen Anti-Money Laundering Compliance And Controls At Bank’s New York Branch

Date 01/03/2016

The New York State Department of Financial Services (DFS) today announced that the Industrial Bank of Korea (IBK) has entered into a Written Agreement with DFS and the Federal Reserve Bank of New York to strengthen compliance with Bank Secrecy Act/anti-money laundering (BSA/AML) requirements, as well as the regulations issued by the Office of Foreign Assets Control (OFAC) at the bank’s New York Branch.

Bank Director Announces Expansion And Best Of FinXTech Award Winners At Nasdaq MarketSite

Date 01/03/2016

Bank Director, the leading information resource for the directors and officers of financial institutions in the United States, hosted its annual FinTech Day at the Nasdaq MarketSite in Times Square on March 1.  The company hosted bank leaders, fintech executives, investors and analysts interested in exploring emerging trends and challenges facing both industries as they grow and scale their businesses.

ISE Holdings Reports Business Activity For February 2016

Date 01/03/2016

• ISE and ISE Gemini combined to represent 17.4% of equity options market share, excluding dividend trades.
• ISE and ISE Gemini reported a combined ADV of 2.6 million contracts.
• ISE Mercury launched on February 16 and completed its initial rollout in two weeks.
• Dividend trades made up 0.1% of industry volume in February 2016.

Funds Transfer Pricing: US Interagency Guidance

Date 01/03/2016

Summary

The Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corporation (collectively, the agencies) are jointly issuing the “Interagency Guidance on Funds Transfer Pricing Related to Funding and Contingent Liquidity Risks.” This interagency guidance addresses funding risk and contingent liquidity risk for national banks and federal savings associations with consolidated assets of $250 billion or more (collectively, firms).