News Centre

Hong Kong's Securities And Futures Commission Welcomes Re-Appointment Of Non-Executive Director

Date 29/12/2014

The Securities and Futures Commission (SFC) welcomes the re-appointment by the Financial Secretary of Professor Leonard Cheng Kwok-hon as a Non-Executive Director for a term of two years effective from 1 January 2015.

FINRA Fines Pershing LLC $3 Million For Customer Protection Rule Violations And Supervisory Failures

Date 29/12/2014

The Financial Industry Regulatory Authority (FINRA) announced today that it has censured and fined Pershing LLC $3 million for violating the Customer Protection Rule and for related supervisory failures. The Securities and Exchange Commission (SEC) rule creates requirements to protect customers' funds and securities from broker-dealer misuse and requires that assets be available for distribution in the event of the broker-dealer's insolvency.

Luxembourg Stock Exchange: Annual Revision Of The LuxX Index

Date 29/12/2014

In accordance with the rules governing the LuxX index, the management board of the Luxembourg Stock Exchange has decided to rebalance the LuxX index (base 1,000 as at 04/01/1999).

Repo Transactions At Moscow Exchange During New Year Public Holidays

Date 29/12/2014

Repo with the Bank of Russia

On 5,6,8 and 9 January, margin calls will not be issued for then current repo transactions with the Bank of Russia. This will be due to official ruble exchange rates set by the end of the trading day on 30 December 2014 and settlement prices fixed at the beginning of 30 December 2014 being applied from 1 — 9 January 2015.

HKEx: Arrangements For Adjustment Of China Resources Structured Products And Options

Date 29/12/2014

Hong Kong Exchanges and Clearing Limited (HKEx) has announced the arrangements for the adjustment to China Resources Land Ltd (China Resources Land) structured products and options to account for China Resources Land’s clawback offer.

Indice General De La Bolsa De Madrid (IGBM) Index New Composition For The First Half 2015

Date 29/12/2014

The index will comprise 109 stocks, following the exclusion of four companies and the inclusion of five. A new subsector index, called SOCIMI (REITs), is created.

Dalian Commodity Exchange To Conduct Cooperative Test For Simulation Trading Of Options Market Making

Date 29/12/2014

To promote the preparations for the businesses of market institutions related to options market making and speed up the cultivation of the potential options market makers, on December 24, Dalian Commodity Exchange (DCE) issued the “Notice of DCE on Registration for Cooperative Test for Simulation Trading of Options Market Making”, seeking institutions to conduct the cooperative test for the options market making in the simulation trading environment.

Finansinspektionen - Swedish Financial Supervisory - Intends To Implement A Partial Waiver For Covered Bonds

Date 29/12/2014

The European Banking Authority (EBA) has published its opinion regarding the Danish FSA’s proposal of a partial waiver from the application of Article 129 (1)(c) of the Capital Requirements Regulation (CRR). Finansinspektionen will also implement the partial waiver within its jurisdicition. The implementation of the partial waiver does not result in lower requirements on issuers of Swedish covered bonds, as the partial waiver means that the current rules will continue to be in place.

Notice Of Dalian Commodity Exchange On Registration For Cooperative Test For Simulation Trading Of Options Market Making

Date 29/12/2014

To promote the preparations for the businesses related to the market making among the market institutions and speed up the cultivation of potential market makers, Dalian Commodity Exchange (DCE) will organize the market makers with the intention to conduct the cooperative test for the options market making in the simulation trading environment. The cooperative test is planned to be implemented after the Spring Festival of 2015, and it is hoped that the institutions with the intention could be active in registering for participation and make relevant business and technical preparations in advance. 

Amman Stock Exchange New Year Holiday

Date 29/12/2014

According to the Prime Minister announcement on the occasion of New Year, Amman Stock Exchange (ASE) will have a holiday on Thursday 1 January 2015 .The ASE will be back to work on Sunday 4 January 2015.