News Centre

2015 World Energy Trilemma Report: Ambitious Climate Framework Needed Now, Says Energy Sector

Date 27/05/2015

• Global policy  uncertainty  is  one  of the biggest  obstacles  to gaining  the  $48-53 trillion  of investment needed to address climate challenges.
• Proactive engagement between climate negotiators and industry implementers will be essential to ensuring measures are deliverable and targeted.
• The World Energy Council Report calls for a stable and meaningful climate framework, guided by clear emissions targets and a flexible approach to the different needs of countries.

CME Group To Present $110,000 In Scholarships To Chicago Public School Seniors At The 30th Annual Mayoral Award Program Luncheon

Date 27/05/2015

Chicago Mayor Rahm Emanuel will join CME Group Executive Chairman and President Terry Duffy and CEO Phupinder Gill in honoring 55 high-achieving Chicago Public School high school seniors. The students were selected based on essays they wrote about innovation, as well as their academic standing and extracurricular activities.  Each student will receive a $2,000 achievement award and a select number of students also will receive summer internships at CME Group clearing firms.

HKFE Announces Revised Margins For Futures Contracts

Date 27/05/2015

Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Monday, 1 June 2015, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contracts will be as outlined in the table below. The adjustments are based on the clearing company’s normal procedures and standard margining methodology.

EEX, EPEX SPOT, Gaspoint Nordic And Powernext To Launch REMIT Reporting Services On 7 October

Date 27/05/2015

As of 7 October 2015, the European Energy Exchange (EEX), EPEX SPOT, Gaspoint Nordic and Powernext – all members of the EEX Group – will offer joint services for the reporting of the Regulation on Market Integrity and Transparency (REMIT) data. With this step, market participants will be enabled to delegate their reporting obligations to those companies.

EEX, Gaspoint Nordic And Powernext Publish Details On A Common Data Reporting Service According To Article 8 Of REMIT

Date 27/05/2015

Starting on 7 October 2015, EEX, Gaspoint Nordic and Powernext – all members of the EEX group – will offer a common service for the reporting of transaction data according to Article 8 of the EU Regulation No. 1227/2011 on Wholesale Energy Market Integrity and Transparency (REMIT). This service enables all trading participants to delegate their reporting obligations of transaction data to EEX, Gaspoint Nordic and Powernext. This includes all transactions con-cluded on EEX, Gaspoint Nordic or Powernext or registered for clearing via the trade registra-tion function, as well as orders.

Bank of England: The Implementation Of Ring-Fencing: Legal Structure, Governance And The Continuity Of Services And Facilities – PS10/15

Date 27/05/2015

The Prudential Regulation Authority is required under the Financial Services and Markets Act 2000 (as amended by the Financial Services (Banking Reform) Act 2013) to make policy to implement the ring-fencing of core UK financial services and activities.

Moscow Exchange: Temporary Delays In The Derivatives Market Data Display On 27 May 2015

Date 27/05/2015

There could be a temporary delay in the  Derivatives Market data display for some clients from 11:42 until 11:45 MSK. The delay was caused by re-start of one of redundant data distribution servers.

Hong Kong's Securities And Futures Commission: Former Licensee Convicted Of False Trading

Date 27/05/2015

The Eastern Magistrates’ Court today convicted Mr Wong Chun of false trading in respect of the shares of Sino-Tech International Holdings Limited (Sino-Tech).

Cairo Amman Bank: Capital Market Development - Securities Depository Centre

Date 27/05/2015

The Securities Depository Centre “SDC” announced that they became a direct member at the RTGS settlement system with the Central bank starting from May 26, 2015; in addition to becoming an active member at SWIFT assosication on May 3, 2015.

US Justice Department: Nine FIFA Officials And Five Corporate Executives Indicted For Racketeering Conspiracy And Corruption - The Defendants Include Two Current FIFA Vice Presidents And The Current And Former Presidents Of The Confederation Of North, Central American And Caribbean Association Football (CONCACAF) - Seven Defendants Arrested Overseas - Guilty Pleas For Four Individual Defendants And Two Corporate Defendants Also Unsealed

Date 27/05/2015

A 47-count indictment was unsealed early this morning in federal court in Brooklyn, New York, charging 14 defendants with racketeering, wire fraud and money laundering conspiracies, among other offenses, in connection with the defendants’ participation in a 24-year scheme to enrich themselves through the corruption of international soccer.  The guilty pleas of four individual defendants and two corporate defendants were also unsealed today.