News Centre

UBS Participates In Regulatory Resolutions Of Industry-Wide FX Matter - Foreign-Exchange Related Investigations Resolved With FINMA, CFTC, FCA - Total Charges Fully Provisioned In Third Quarter Of 2014

Date 12/11/2014

UBS has reached resolutions with the Swiss Financial Market Supervisory Authority (FINMA), the US Commodity Futures Trading Commission (CFTC) and the UK Financial Conduct Authority (FCA) in connection with their industry-wide investigations into irregularities in foreign exchange (FX) markets. FINMA issued an order concluding its formal proceedings with respect to UBS and the firm simultaneously completed settlements with the CFTC and the FCA. 

Shanghai Stock Exchange: Notice Of Launch Of SHSECM Pilot Program

Date 12/11/2014

According to the “Joint Announcement of the China Securities Regulatory Commission and the Securities and Futures Commission of Hong Kong” released on November 10, 2014, the pilot program of the Shanghai-Hong Kong Stock Exchanges Connectivity Mechanism (SHSECM) will be launched on November 17, 2014. 

UK's Financial Conduct Authority Fines Five Banks £1.1 Billion For FX Failings And Announces Industry-Wide Remediation Programme

Date 12/11/2014

The Financial Conduct Authority (FCA) has imposed fines totalling £1,114,918,000 ($1.7 billion) on five banks for failing to control business practices in their G10 spot foreign exchange (FX) trading operations: Citibank N.A. £225,575,000 ($358 million), HSBC Bank Plc £216,363,000 ($343 million), JPMorgan Chase Bank N.A. £222,166,000 ($352 million), The Royal Bank of Scotland Plc £217,000,000 ($344 million) and UBS AG £233,814,000 ($371 million) (‘the Banks’).

NZX Consults On Proposal To Shorten Settlement Cycle To T+2

Date 12/11/2014

NZX is proposing to move to a shortened trading settlement cycle from the current trade date plus three business days settlement (T+3) to a trade date plus two business days settlement (T+2) for cash market trades on its markets.

Bursa Malaysia Sector Update

Date 12/11/2014

Bursa Malaysia Berhad (Bursa Malaysia) has decided to update the classification of sector for Hume Industries Berhad (“HUMEIND”) to come into effect on 9.00 a.m., Monday, 17 November 2014. 

Tokyo Stock Exchange: ETF/ETN Monthly Report For October 2014

Date 12/11/2014

Monthly trading value hit a record high, surpassing JPY 3 trillion in October!

• The ETF/ETN market remained vibrant in October 2014 with monthly trading value of about JPY 3.733 trillion and average daily trading value reaching about JPY 170 billion.
• Almost all of the top-ranking ETFs by trading value greatly exceeded the last month performances.
• Trading value in NEXT Nikkei-TOCOM Leveraged Crude Oil ETN (2038) and other ETFs/ETNs tracking oil sector indices also saw significant gains.

ASX Clear long-term 'AA-' S&P Rating Stable Outlook

Date 12/11/2014

ASX has now obtained a Standard and Poor’s (S&P) issuer credit rating for its clearing house for equities and equity options, ASX Clear Pty Limited. 

ADX Concludes Far East Roadshow

Date 12/11/2014

Abu Dhabi Securities Exchange (ADX) concluded its Far East roadshow which was held last week from the 3rd to the 6th of November in Singapore and Hong Kong respectively.  The roadshow comes in line with ADX strategic plans of engaging with potential new investors, fund managers, asset management, and investment management companies to showcase the various investment opportunities and prospects available in ADX and its listed companies and also showcase the strong economic growth of the Emirate of Abu Dhabi.  

Shenzhen Stock Exchange Market Bulletin 10 November, 2014 - Issue 35

Date 12/11/2014

Last week, Shenzhen Component Index stood at 8234.9 points after adding 0.1%. SME Index closed at 5495.9 points after losing 1.1%. ChiNext Index advanced 0.6% to 1522.6 points. Total turnover for stocks and funds on SZSEwas US$162.5 billion, or a 4.0% increase from the week before.

Dubai Mercantile Exchange: Oman Crude Oil Futures Contract (DME Oman) Trades Below $80/b

Date 12/11/2014

Oman crude oil prices on the Dubai Mercantile Exchange traded below $80/barrel Tuesday for the first time in more than four years, as the oil price dropped almost $2/b to continue the near five-month long losing streak.