News Centre

MoU Between African Corporate Governance Network And African Securities Exchanges Association

Date 21/07/2015

The Institute of Directors Nigeria hosted the bi-annual executive committee meeting of African Corporate Governance Network (ACGN) in Lagos, July 20 to 22 at the Eko Hotel & Suites, Lagos. A Memorandum of Understanding was signed today between the African Securities Exchanges Association and the ACGN.

Office Of The Comptroller Of The Currency Assesses $35 Million Penalty Against Citibank, N.A. And An Affiliate - Orders Restitution To Customers For Unfair Billing Practices And Deceptive Marketing

Date 21/07/2015

The Office of the Comptroller of the Currency (OCC) today assessed a $35 million penalty against Citibank, N.A., Sioux Falls, South Dakota, and its affiliate, Department Stores National Bank, Sioux Falls, South Dakota (collectively, the bank), and ordered the bank to identify and make restitution to harmed customers.

EBA Publishes Report On Macroprudential Policy Measures

Date 21/07/2015

The European Banking Authority (EBA) published today a report on macroprudential policy measures across the EU. The objective of this report is to take stock of the range of practices applied by EU Member States in relation to the provisions for macroprudential policies set out in the Capital Requirements Regulation and Directive (CRR/CRD IV), focusing on the interaction of macroprudential and microprudential objectives and tools. The report will contribute to the ongoing discussions regarding the implementation of macroprudential measures and will provide additional input for the regulatory work carried out by the European Commission, the EBA and the European Systemic Risk Board (ESRB) regarding macroprudential tools.

Hong Kong's Securities And Futures Commission: Fund Management Business Reached Record High In 2014

Date 21/07/2015

The Securities and Futures Commission (SFC) today released its annual Fund Management Activities Survey (FMAS) which shows that the combined fund management business (Note 1) in Hong Kong sustained another year-on-year increase to reach a record high of $17,682 billion (Note 2), up 10.5%, as of the end of 2014.

Montréal Exchange Sets New Daily Volume Records

Date 21/07/2015

TMX Group today announced that Montréal Exchange (MX) set an overall daily volume record of 1,290,421 contracts traded on July 20, 2015, surpassing the previous record of 846,803 contracts established on November 24, 2014.

Perseus Launches 11 New Connected Cities In Asia Roll-Out - Record Breaking Expansion Connecting Asia To Rest Of World

Date 21/07/2015

Perseus, a leading provider of managed services and connectivity for high-precision, high-performance applications, has expanded its Points of Presence (PoP) and connectivity into several major Asian markets. Adding 75,000 miles of new subsea cable connectivity to the Perseus network reaching a number of the world’s key emerging markets, including some of the largest client contracts in Perseus’ history.

Aquis Exchange Announces First Technology Licencing Deal - Aquis Will Provide A2X With Exchange Platform, Clearing And Surveillance Systems

Date 21/07/2015

Aquis Exchange, the subscription-based European equities exchange*, has announced its first software licensing transaction.

ESMA 2015-1139 Opinion On HCMC Renewal Of Emergency Measure Under SSR 20.7.2015

Date 21/07/2015

1. I.          Legal basis

1. According to Article 27(2) of Regulation (EU) No 236/2012 of the European Parliament and of the Council of 14 March 2012 on short selling and certain aspects of credit default swaps (the Regulation), the European Securities and Markets Authority (ESMA) shall within 24 hours of the notification having been made by a competent authority under Article 26 of the Regulation issue an opinion on whether it considers the measure or proposed measure necessary to address the exceptional circumstances.
2. ESMA’s competence to deliver an opinion is based on Article 29(1) (a) of Regulation (EC) No 1095/2010 (ESMA Regulation). In accordance with Article 44(1) of the ESMA Regulation the Board of Supervisors has adopted this opinion.

J.P. Morgan Is No. 1 on Institutional Investor's 2015 All-America Fixed-Income Research Team - Wells Fargo Securities Finishes In The Top Three For The First Time

Date 21/07/2015

J.P. Morgan leads Institutional Investor's All-America Fixed-Income Research Team for a sixth year running, its analysts earning a place in 49 of the survey's 57 sectors that produced publishable results. That's an increase of one over last year's total.

Thomson Reuters Releases StarMine Combined Alpha Model - Combines All StarMine Equity Alpha Models Into One Comprehensive Stock Selection Factor

Date 21/07/2015

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, today announced the release of the StarMine Combined Alpha Model (CAM), a model that combines all the available StarMine equity alpha models into one comprehensive and powerful alpha-generating signal. The weights assigned to each model vary by region. Thus, StarMine CAM recognizes the fact that some regions, such as the US and Japan, are more value focused while in Developed Europe and Asia ex-Japan momentum plays a larger role. The model intelligently handles missing data and makes use of all available StarMine alpha models for a given security.