News Centre

Bank Of England: Minutes Of The Monetary Policy Committee Meeting Held On 7 And 8 October 2014

Date 22/10/2014

The Governor invited the Committee to vote on the propositions that:

• Bank Rate should be maintained at 0.5%;
• The Bank of England should maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion.

Osaka Exchange: Certification Received For JPX-Nikkei Index 400 Futures

Date 22/10/2014

Osaka Exchange, Inc. (OSE) is pleased to announce that the U.S. Commodity Futures Trading Commission (CFTC) has certified under CFTC Rule 30.13 that the JPX-Nikkei Index 400 Futures may be offered or sold to U.S. persons, at the end of CFTC business day of October 20, 2014 (U.S. EDT).
Upon OSE’s plan to launch the JPX-Nikkei Index 400 Futures on November 25, 2014, OSE has requested for certification to the CFTC in order to expand opportunities for the investors.

Thai Institute Of Directors Association (IOD): Listed Companies Mark Solid CG Scores Despite More Demanding Criteria To Meet ASEAN Standard

Date 22/10/2014

The Thai Institute of Directors Association (IOD), with support from the Stock Exchange of Thailand (SET), Wednesday released CGR scores of 550 listed companies in Thailand at an average of 72%, which is considered satisfactory despite application of more demanding criteria to meet the ASEAN CG Scorecard standard.  The solid performance reflected value of corporate governance development cherished by Thai listed companies in order to bolster sustainable growth and boost confidences among domestic and international investors.

BGC Partners Commences Cash Tender Offer To Acquire GFI Group For $5.25 Per Share - BGC's Offer Provides Superior Value And Immediate Liquidity To GFI Group Shareholders

Date 22/10/2014

BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC," or "the Company"), a leading global brokerage company primarily servicing the financial and real estate markets, today announced it has commenced a fully-financed tender offer to acquire all of the outstanding common shares of GFI Group Inc. (NYSE: GFIG) ("GFI Group" or "GFI") it does not currently own for $5.25 per share in cash. BGC currently owns 13.5% of GFI's outstanding shares.

MNI India Business Sentiment Eases In October - Domestic Demand Picks Up During Festival Season

Date 22/10/2014

Business confidence eased in October after hitting a record high in September, although it was still 16.6% above the level seen a year ago and expectations about the overall business environment in the next three months remained elevated.

HKEx to Introduce Its First Asia Commodities Contracts For Trading On 1 December

Date 22/10/2014

Hong Kong Exchanges and Clearing Limited (HKEx) will introduce its first Asia Commodities contracts – London Aluminium Mini Futures, London Zinc Mini Futures and London Copper Mini Futures – for trading on Monday, 1 December 2014, subject to market readiness.

Senate Estimates: Opening Statement - Opening Statement To Senate Estimates By Greg Medcraft, Chairman, Australian Securities And Investments Commission, 22 October 2014

Date 22/10/2014

I would like to briefly address our response to this Committee’s Inquiry into ASIC’s performance.

Luis Téllez Kuenzler Announces His Resignation As Chairman And General Director Of The Mexican Stock Exchange

Date 22/10/2014

The Mexican Stock Exchange Group reports that during the session of the Board of Directors held today, Luis Téllez Kuenzler announced his decision to step down as Chairman and CEO, effective January 1st 2015, to pursue new projects.

SIFMA Statement On Final Risk Retention Rule

Date 22/10/2014

SIFMA today issued the following statement from Kenneth E. Bentsen, Jr., SIFMA president and CEO, on the final risk retention rule announced today by regulators:          

"The finalization of the credit risk retention rules will help clarify the regulatory 'rules of the road' for securitization. This will bring some relief to the regulatory uncertainty that has been a negative factor in the recovery of non-government guaranteed mortgage securitization. We are pleased that the regulators finalized the adherence of the QRM definition to the CFPB's QM definition, which is a path SIFMA supported in its 2013 comments."

CFTC And Manitoba Securities Commission Sign Counterpart To Memorandum Of Understanding To Enhance Supervision Of Cross-Border Regulated Entities

Date 21/10/2014

The U.S. Commodity Futures Trading Commission (CFTC) announced today that CFTC Chairman Tim Massad and Donald Murray, Chair of the Manitoba Securities Commission (MSC), have signed a Counterpart to the Memorandum of Understanding (MOU) signed on March 25, 2014, regarding cooperation and the exchange of information in the supervision and oversight of regulated entities that operate on a cross-border basis in the United States and in certain Canadian provinces. The MOU, originally signed by four other Canadian authorities, included a provision for additional Canadian authorities to become parties to the MOU. The CFTC and MSC have executed the Counterpart in order for the MSC to join the MOU.