News Centre

Hong Kong's Securities and Futures Commission Bans Wong Wai Hong For Six Months

Date 05/05/2015

The Securities and Futures Commission (SFC) has banned Mr Wong Wai Hong, former Chairman and Chief Executive Officer of Lyncean Securities Limited (Lyncean Securities), from re-entering the industry for six months from 4 May 2015 to 3 November 2015 for breach of the SFC’s Code of Conduct.

HKEx: Forfeiture Of Unclaimed Final Dividend For 2008

Date 05/05/2015

On 23 March 2015, HKEx announced that, pursuant to HKEx’s Articles of Association, the final dividend for 2008 of HK$1.80 per share, payable on 5 May 2009 and remaining unclaimed on 5 May 2015, would be forfeited and would revert to HKEx. Accordingly, the unclaimed final dividend for 2008 amounting to HK$9,074,946.60 is forfeited and reverts to HKEx today.                                           

FTSE Appoints New Director Of Australia And New Zealand

Date 05/05/2015

• Justin Walsh hired to lead FTSE’s Australian index business
• Reflects FTSE’s ongoing commitment to the local market

Hong Kong's Securities And Futures Commission Reprimands And Fines Kingston $500,000

Date 05/05/2015

The Securities and Futures Commission (SFC) has reprimanded and fined Kingston Securities Limited (Kingston) $500,000 for fitness and properness concerns.

April Turnover At Boerse Stuttgart Exceeds EUR 8.6 Billion - Turnover In equities, Securitised Derivatives And Exchange-Traded Products Well Up On April 2014

Date 05/05/2015

Based on the order book figures, turnover at Boerse Stuttgart exceeded EUR 8.6 billion in April 2015. Although total trading volume was down on the previous month, which had produced very strong turnover, it was over twenty percent up on the figure for April 2014.

CFTC Commissioner Bowen Speech Before The Managed Funds Association, 2015 Compliance Conference

Date 05/05/2015

Thank you John for the introduction and good morning everyone. It’s a pleasure to be here today at the Managed Funds Association’s 2015 Compliance Conference. I would like to give a few very brief remarks before we move into my fireside chat with Adam Cooper. I have known Adam through our membership on the Northwestern Law School Board, which I chaired several years ago. I look forward to our conversation at the end of my brief remarks this morning. Of course, my remarks today are my own and do not reflect the views of my fellow Commissioners or the CFTC staff.

Moscow Exchange: RUB Penalty Interest Rate Change

Date 05/05/2015

RUB penalty interest rate will be changed to 25% starting from May 05, 2015 (Upper REPO Penalty Rate (HPenRate) on Equity Market and RUB Interest Rate for the Additional Session in FX and Precious Metals Market).

London Stock Exchange Group: Robert Grant Joins UnaVista To Boost North American Expansion

Date 05/05/2015

• 25-year financial services and technology industry veteran brings expertise in regulatory reporting, compliance and risk management 
• Previously held key sales and marketing roles in Americas at Axiom SL and Wolters Kluwer Financial Services/FRSGlobal  
• Underpins UnaVista growth across Americas  

Fidessa's Affirmation Management Service Named Best New Post-Trade Solution For The Buy-side

Date 05/05/2015

Fidessa group plc (LSE: FDSA) has today announced that its Affirmation Management Service (AMS) has been recognised as the best new post-trade solution for buy-side firms in the Financial Technologies Forum and FTF News Technology Innovation Awards 2015. The award was presented in recognition of the innovation that AMS has brought to post-trade operations and the crucial operational efficiency improvements it delivers.

Efficiency Management Consultancy Widens European And North African Opportunities For Misys

Date 05/05/2015

Misys, the leading financial software company, has signed an agreement with Efficiency Management Consulting to become a member of the InFusion Partner Programme. Efficiency is a fast-growing consulting practice, specialising in business management and organisational design, supporting financial institutions in the design and implementation of transformation strategies.