News Centre

Investec Launches First Structured Deposit Specifically Designed For The Retirement Market

Date 19/08/2015

Investec Structured Products is pleased to announce the launch of The FTSE100 Retirement Deposit Plan 1 - the first of its kind to have been specifically designed for the retirement market. Only available via SIPPs, this new deposit plan offers guaranteed income payments with a bonus payment at maturity provided the FTSE100 finishes higher. Investec has been a key participant in industry debate around retirement income pre and post pension freedoms and has taken a keen interest with industry developments. Ongoing dialogue with industry leaders has resulted in a product specifically designed to meet the needs of customers drawing income from pension products.

Borsa İstanbul And Pakistan Mercantile Exchange Limited (PMEX) Sign An MoU

Date 19/08/2015

Borsa İstanbul and Pakistan Mercantile Exchange Limited (PMEX) signed a Memorandum of Understanding (MoU) in order to set out a framework for establishing a cooperative relationship between the exchanges that are leading the commodity futures markets in Turkey and Pakistan, respectively.

R.J. O’Brien Goes Live On London Metal Exchange

Date 19/08/2015

Chicago-based R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, today announced that its London-based affiliate R.J. O’Brien Limited (RJO Limited) has successfully gone live on  the London Metal Exchange (LME) following its July 23 approval as a Category 2 clearing member.

London Stock Exchange Welcomes World’s First Green Masala Bond To Its Markets

Date 19/08/2015

• IFC issued bond to fund India’s Yes Bank’s investments in climate change projects
• Listing raises 3.15 billion rupees - £31million
• IFC and Yes Bank open trading on London Stock Exchange

Shenzhen Stock Exchange Market Bulletin 10 August, 2015, Issue 14

Date 19/08/2015

Last week, Shenzhen Component Index stood at 12753.0 points after adding 3.1%. SME Index edged up 3.2% to 8605.3 points. ChiNext Index advanced 1.5% to 2577.0 points. Total turnover for stocks and funds on SZSE was US$362.4 billion, or a 24.1% decrease from the week before.

Bursa Malaysia Sector Update

Date 19/08/2015

Bursa Malaysia Berhad (Bursa Malaysia) has decided to update the classification of sector for Tadmax Resources Berhad (“Tadmax”) to come into effect on 9.00 a.m., Monday, 24 August  2015. 

Dubai International Financial Centre (DIFC) Heads To Mumbai To Further Strengthen Longstanding India-UAE Economic Ties

Date 19/08/2015

• Four-day tour of India's commercial capital follows historic UAE visit by Prime Minister Narendra Modi
• Senior DIFC delegation to meet business decision makers including representatives of Indian banks, law firms, wealth and asset managers
• DIFC 10-year growth strategy complements Indian government's own foreign and economic development priorities

Delta Capita Hires Tech Supremo – Kevin Covington To Join Board As Non-Executive Director

Date 19/08/2015

Delta Capita, an international consultancy specialising in delivering business and technology solutions to financial services organisations, has announced the appointment of Kevin Covington to its Board. Kevin will be joining as a Non-Executive Director.

JSE Receives Merit Recognition In EY’s Excellence In Integrated Reporting Awards

Date 19/08/2015

The Johannesburg Stock Exchange (JSE) is pleased to announce that it has been recognised as a recipient of a merit award in the Ernst & Young Excellence in Integrated Reporting Awards 2015.

Dalian Commodity Exchange Cooperates With Futures And Insurance Companies To Introduce Agricultural Product Price Insurance

Date 19/08/2015

On August 14, People’s Insurance Company of China (PICC) and Dalian Commodity Exchange (DCE) held the signing ceremony for the strategic cooperation of “‘Insurance + Futures’ – Water of Financial Innovation Irrigating Tree of ‘San Nong (Agriculture, Rural Areas and Farmers)’ Development” in Dalian. At the ceremony, PICC and DCE signed a strategic cooperation agreement. PICC’ s Dalian Branch signed egg price insurance and corn price insurance contracts with Beijing Vica Group, Guiyong Corn Planting Specialized Cooperative, and Huamao Grain Planting Specialized Cooperative. PICC has also signed a business cooperation agreement with Xinhu Futures Co., Ltd., generating the first agricultural product price insurance policy with the use of futures in China.