News Centre

Milestone Group Sparks African Expansion With New Joint Venture, pControl Africa

Date 21/07/2015

Milestone Group, the global provider of optimised fund processing solutions, has announced the establishment of ‘pControl Africa’. Operating from a new office in Cape Town, pControl Africa is a joint venture between Milestone Group and domestic provider Global ASP, a leader in the provision of hosted member administration and asset management solution platforms, as well as technology, consulting, disaster recovery and business continuity services.

Launch Of The Singapore Savings Bond Programme

Date 21/07/2015

The Monetary Authority of Singapore (MAS) today announced that the first Singapore Savings Bond will be issued on 1 October 2015. Interested investors may apply for this issue from 1 September 2015. A new Savings Bond will be issued every month thereafter. Singapore Savings Bonds are a new type of government bond that offers individual investors a safe, long-term and flexible product to meet their savings and investment needs.

ETFGI: Assets In The Global ETF/ETP Industry Surpassed Assets In Global Hedge Funds At The End Of Q2 2015

Date 21/07/2015

Assets invested in the global ETF/ETP industry have surpassed the assets invested in the hedge fund industry at the end of Q2 as we had forecasted.

SIX Exchange Regulation: Delisting Swisslog Holding Ltd, Buchs

Date 21/07/2015

On 18 June 2015, Swisslog Holding AG, Buchs (Swiss Security Number 1‘232‘462 / ISIN CH0012324627) applied for the delisting of all of its listed registered shares with a par value of CHF 0.01 each. SIX Exchange Regulation granted this application on 20 July 2015. The delisting takes place on 31 July 2015, the last trading day on SIX Swiss Exchange will be on 28 July 2015.

TheCityUK: UK Trade Surplus In Financial Services Highest Ever

Date 21/07/2015

TheCityUK’s Key Facts about the UK as an International Financial Centre report, released today, reveals that the UK  delivered its highest ever trade surplus in financial services of $95bn (£62bn) in 2014. This was a key contributor to offsetting the nation’s increasing trade in goods deficit. When the estimated trade surplus for related professional services – legal services, accountancy and management consultancy – is also taken into account, this figure climbs to $110bn (£71bn).

Stock Exchange Leaders To Meet In Taipei For The ‘Asian Exchange Forum’ - Forum Hosted By The Taiwan Stock Exchange To Encourage More Cooperation And International Links Between Stock Exchanges

Date 21/07/2015

Leaders from eleven stock exchanges from across the Asia-Pacific region will gather at the inaugural ‘Asian Exchange Forum’ on Friday, 24 July 2015 in Taipei, hosted by the Taiwan Stock Exchange Corporation (TWSE).

Bright Smart Joins SGX As Derivatives Trading Member

Date 21/07/2015

Singapore Exchange (SGX) is pleased to welcome Hong Kong-based Bright Smart Futures and Commodities Company Limited (Bright Smart) to its derivatives market as a trading membe

SIFMA Statement On The Capital Surcharge For Systemically Important Banks

Date 21/07/2015

SIFMA today released the following statement from Kenneth E. Bentsen, Jr., president and CEO, after the Federal Reserve issued its capital surcharge rule for systemically important banks:

“Upon first review, we are disappointed that the final rule does not sufficiently address a number of concerns expressed in our comment letter and therefore is likely to unnecessarily constrict the ability of financial institutions to lend, facilitate capital formation and drive economic growth."

Platts Pre-Report Survey Of Analysts Results: UNICA Sugarcane Crush - Advance Estimates Suggest A 1H July Cane Crush Of 31.29 Million Mt In Brazil's Center-South - Likely 42.60% Sugar Mix For 1H July 2015: Analysts

Date 20/07/2015

• Cane crush: 31.29 million metric tons (mt)
• Cane yield (ATR*):  131.45 kilograms per metric ton
• Sugar production: 1.72 million mt
• Total ethanol production: 1.402 billion liters (ltr)
• Hydrous ethanol production:  838.6 million ltr
• Anhydrous ethanol production: 564.08 million ltr
• Sugar mix: 42.60 %
• Ethanol mix:  57.4%

Remarks By US Treasury Secretary Jacob J. Lew At A Better Markets Event On The Fifth Anniversary Of The Dodd-Frank Act

Date 20/07/2015

Good afternoon.  Thank you, Dennis, for that kind introduction and for organizing this event.  It is a pleasure to be here with all of you today to mark the fifth anniversary of the Dodd-Frank Wall Street Reform and Consumer Protection Act.