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  • FTSE Announces Changes To The FTSE MPF Index Series Following 2013 Market Consultation

    Date 24/03/2014

    • Capping percentage threshold set at  9%; to be implemented monthly rather than daily
    • New valuation factors monthly report to support detailed analysis
    • Results of the regular consultation cements FTSE’s leading position in providing accurate and relevant benchmarks for the MPF Scheme

  • TOCOM Palladium Rises Over 2,600 Yen Per Gram - Highest In Nearly 13 Years

    Date 24/03/2014

    The February 2015 Palladium futures contract (most active/back contract month) temporarily marked 2,627 yen per gram during today's session. It is the highest since May 1, 2001 (12 years and 11 months).

  • Swiss Federal Act On Financial Market Infrastructure Secures International Competition - Equivalence With International Standards Is Vital For SIX

    Date 24/03/2014

    The Federal Council opened the consultation process for the Swiss Federal Act on Financial Market Infrastructure in December 2013. SIX supports the thrust of the draft bill and today published a response outlining its position. The equivalence of the Swiss regulation with international standards will secure market players' access to the relevant foreign markets over the long term strengthening the international competitiveness of the entire Swiss financial centre. The draft takes a pragmatic approach to implementing international developments, providing legal certainty and creating an equal playing field for market players. The clear and comprehensible regulation governing financial market infrastructure, OTC derivatives trading and the interplay between relevant market players in a single enactment is decisive in terms of recognizing the equivalence of Swiss law with international standards.

  • KRX Launches Gold Spot Market

    Date 24/03/2014

    As a joint initiative announced last year among related institutions to facilitate transparent, electronic trading of spot gold on a regulated exchange, Korea Exchange(KRX) has pushed forward to launch its first gold spot market(“KRX Gold Market”) on March 24, 2014.

  • Dalian Commodity Exchange: First Delivery Of Iron Ore Futures Achieved - “China-version” Iron Ore Futures Present Satisfactory Performance In 100 Days Since The Listing

    Date 24/03/2014

    The iron ore futures, which were listed on October 18 last year, saw the first delivery completed smoothly, with the I1403 Contract achieving the iron ore futures delivery of 100 contracts on the last delivery day, equivalent to 10,000 tons of spot goods. The whole delivery process was steady and smooth, fully testing the delivery process and delivery quality standards of the iron ore futures and showing that the “China-version” iron ore futures featuring the physical delivery are suitable for China’s national conditions and “market situations”.