News Centre

Hong Kong's Securities And Futures Commission Reprimands And Fines Phillip Securities (Hong Kong) Limited $1 Million Over Mis-Selling Of Investment Product

Date 16/06/2015

The Securities and Futures Commission (SFC) has reprimanded and fined Phillip Securities (Hong Kong) Limited (Phillip Securities) $1 million for failings over its sale of a fund to four clients.

Japan Exchange Group: Notice Of Resolutions Of The 14th Annual General Shareholders Meeting

Date 16/06/2015

Notice of Resolutions of the 14th Annual General Shareholders Meeting

FCA Fines Firms Over £1.47 Billion In 2014 - Average FCA penalty Value In 2014 Two And A Half Times Higher Than Previous Year

Date 16/06/2015

The Financial Conduct Authority (FCA) penalised firms a total of £1.47bn in 2014, according to the 2015 Global Enforcement Review published today by Kinetic Partners, a division of Duff & Phelps. In compiling the annual report, Kinetic Partners analysed publicly available data from financial services regulators across the UK, US and Hong Kong to determine regulatory trends and their effects on the financial services industry. 

Steven Maijoor Chair European Securities And Markets Authority Delivers Opening Remarks To ECON Hearing On MiFID II

Date 16/06/2015

Dear Members of the European Parliament,

Ladies and gentlemen,

I am delighted to have been invited by the Chair and Members of ECON to present the work of ESMA on the implementing measures under MiFID 2/MIFIR.

Let me start by re-iterating that MIFID2/MIFIR is the most significant and voluminous piece of Level 2 regulation that ESMA has ever undertaken. We have now gone through two rounds of public consultation and have received very extensive input from stakeholders. We have also periodically updated the Parliament on our progress, and discussed key issues of the Technical Standards and Technical Advice.

Platts JKM™ For July-Delivered LNG Plunged 41.3% From Year Ago On Poor Demand - Prices Edged Up 6.7% Month Over Month Trending Seasonality Demand

Date 16/06/2015

Prices of spot liquefied natural gas (LNG) for July delivery to northeast Asia averaged $7.600 per million British thermal units (/MMBtu), according to the latest Platts Japan/Korea Marker (Platts JKM®) data for month-ahead delivery.

"Ball Now In Greek camp" Mario Draghi Tells Economic And Monetary Affairs MEPs

Date 16/06/2015

The European Central Bank is doing all it can to facilitate a successful outcome of the ongoing talks with Greece, ECB President Mario Draghi assured Economic and Monetary Affairs Committee MEPs on Monday. But he also made it crystal clear that ultimately, disbursing any further financial assistance to Greece is "a political decision that will have to be taken by elected policymakers, not by central bankers".

HKFE Announces Revised Margins For CK Hutchison Futures

Date 16/06/2015

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 Wednesday, 17 June 2015, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contract will be as outlined in the table below. The adjustments are based on the clearing company’s normal procedures and standard margining methodology.

Moscow Exchange: RUB Interest Penalty Rate Change From June 17, 2015

Date 16/06/2015

Upper REPO Penalty Rate (HPenRate) on Equity Market will be changed to 23% starting from June 17, 2015.

Thai Bourse Discloses SET Indices Semi-Annual Review Results For The Second Half Of 2015

Date 16/06/2015

The Stock Exchange of Thailand (SET) announces the semi-annual index review results for the SET50, SET100 and SETHD indices to be used in the second half of 2015 (July 1 - December 31). There will be seven additions to SET50 index, 13 additions to SET100 index and four additions to SETHD index.

Marex Spectron Launches New Energy Market Data Service

Date 16/06/2015

Marex Spectron, the global commodities broker, has launched Spectrometer Web, a new browser-based market data service giving clients access to all of its end-of-day price updates and historical data across a range of off-exchange energy, freight and green markets.