News Centre

UK's Financial Conduct Authority Fines Kenneth Carver £35,212 For Insider Dealing

Date 30/03/2015

The Financial Conduct Authority (FCA) has today fined Kenneth Carver £35,212 for insider dealing.

Aequitas NEO Exchange Goes Live In Canada Using Full Suite Of MillenniumIT Trading Technology

Date 30/03/2015

• Next generation MillenniumIT platform provides technical innovation, versatility and reliability  
• Rapid development and delivery in less than 12 months underlines MillenniumIT reputation for agility and efficiency  

SGX Consults Public On Introduction Of Position Accounts For CDP Clearing Members

Date 30/03/2015

Singapore Exchange (SGX) is consulting the public on the proposed introduction of Position Accounts for Clearing Members of the Central Depository (CDP) as an operational step to further improve the post-trade environment of the Singapore securities market.

TOCOM Announces Rolling Update Of Midterm Management Plan

Date 30/03/2015

The Exchange has developed a new Midterm Management Plan covering the three-year period from fiscal 2015 to fiscal 2017.

Cantor Fitzgerald Adds Veterans to Emerging Markets Debt Capital Markets Team

Date 30/03/2015

Cantor Fitzgerald, a leading global financial services firm, today announced the expansion of its Emerging Markets Debt Capital Markets sales and trading team with the appointments of Dray Simpson, Alex Yulman and Michael Barfoot as Managing Directors. Mr. Simpson will be based in London and Mr. Yulman and Mr. Barfoot will be based in New York. They will report to Charles Cortellesi and Erich Bauer-Rowe, Co-Heads of the Debt Capital Markets' Emerging Markets Division at Cantor Fitzgerald.

SGX Welcomes UOB Bullion And Futures As Securities Trading Member

Date 30/03/2015

Singapore Exchange (SGX) is pleased to welcome UOB Bullion and Futures Limited (UOBBF) as a Trading Member of its securities market.

Subsidiaries Of HKEx And SSE Sign Market Data Vendor Licence Agreement

Date 30/03/2015

HKEx Information Services Limited, a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), signed a market data vendor licence agreement with SSE Infonet Limited (SSE Infonet), the information business subsidiary of the Shanghai Stock Exchange (SSE), on 27 March 2015 (Friday) to better meet the needs of Mainland investors for Hong Kong stock market data.

Bank Of England: Global Preamble: Codes Of Best Market Practice And Shared Global Principles

Date 30/03/2015

The eight foreign exchange committees in the major financial centres are releasing today a revised “Global Preamble: Codes of best market practice and shared global principles” document, which was approved and endorsed by the eight committees at the annual global foreign exchange committees meeting, held in Tokyo on 23 March 2015, and which updates the original version published in 2013. This publication reflects our shared commitment to developing and promoting clear, robust, and implementable best practice guidance. Such guidance, accompanied by high standards of ethical behaviour, is critically important to a well-functioning global foreign exchange market.

UK's Financial Conduct Authority: Complaints On Banking And Credit Cards Up As Total Complaints Fall By 7%

Date 30/03/2015

The latest complaints data published by the Financial Conduct Authority (FCA) shows financial services firms received 2,183,540 new complaints (including those related to PPI) between July and December 2014. Overall complaints decreased by 7% compared to the previous six months and by 12% from the same period last year.

Richard Baker's Trading Places Column March 2015: The Liquidity Network – A New ‘Community’ Solution To Exchange Trading?

Date 30/03/2015

Financial marketplaces are changing.  Fact.  The more traditional approach of pit trading within a localised community – where you might come to deposit your grain for example and ultimately take a hedge on the futures market - is in decline. However, as the evolution of our market soldiers on, it’s important to take a step back and reflect on where the exchange trading market is heading… are we really on the right track?