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  • Hellenic Republic Prime Minister Alexis Tsipras’ Speech To Parliament Regarding The July 5th Referendum

    Date 29/06/2015

    Ladies and gentlemen Members of Parliament,

    Today’s meeting has historical significance. I could take time to answer the Leader of the Opposition, but I don’t think it makes any sense to do so—given the important historical nature of the issue before us. A petty confrontation would serve no purpose. There isn’t a single Greek citizen who’s not familiar with your [the Opposition’s] actions and their consequences, your motivation to leave office–and had you remained, the measures you would of signed for: totaling not eight, but sixteen billion euro in cuts, based on the primary surpluses that had been determined by the institutions, at 3% and 4.5%.

  • China Construction Bank And Euroclear Sign MoU To Foster Offshore RMB Growth

    Date 29/06/2015

    Euroclear Bank, the Brussels-based international central securities depository (ICSD), and China Construction Bank (CCB) have today signed a Memorandum of Understanding (MoU) to further develop the offshore Renminbi (RMB) capital market.

  • Nasdaq Launches Index Calculation System For Marketplaces - Offering Gives Exchanges Index Producer Capabilities, Opportunities For New Revenue Streams - Singapore Exchange To Leverage Technology To Boost Index Services Offering

    Date 29/06/2015

    Nasdaq (Nasdaq:NDAQ) announced today the launch of the Nasdaq Index Calculation System, a standalone solution that provides marketplaces with a highly flexible index calculation platform to compute multi-asset, multi-currency indexes. The system enables exchanges to operate and administer index calculations in-house, which gives them the flexibility to define and create unique products while maintaining operational control and controlling IP ownership over the marketplaces' indexes. In addition, Singapore Exchange (SGX) will utilize the technology to enhance their index services offering.

  • ESMA Fines DBRS Ratings Ltd. For Internal Control Failings

    Date 29/06/2015

    The European Securities and Markets Authority (ESMA) has issued a public notice censuring DBRS Ratings Limited (DBRS) for failing to comply with corporate governance, compliance and record-keeping requirements under the Credit Rating Agencies Regulation (CRA Regulation).ESMA has also fined DBRS €30,000 in respect of the record-keeping failings having found that DBRS had acted negligently.ESMA’s decision takes into account the steps taken by DBRS to remedy the infringement.

  • Korea Exchange (KRX) Lists 4 ETFs Including ARIRANG Smart Beta Issued By Hanhwa

    Date 29/06/2015

    The Korea Exchange (KRX) will list ARIRANG Smart Beta series (Value, Momentum and Quality) ETF and ARIRANG S&P Dividend Growth ETF issued by Hanhwa Asset Management Company in the KOSPI market on June 29, 2015.