News Centre

Cairo Amman Bank Custody Service

Date 24/06/2014

Cairo Amman Bank, a Jordanian bank, recently announced the offering of custody services to investors on the Amman Stock Exchange. While other stock markets in the region have experienced big increases in their indices year to date, the Amman Stock Exchange has lagged behind. “This is the nature of our market,” says Ms. Reem Eses, Head of Treasury at Cairo Amman Bank and the person in charge of launching and managing its custody services. “The ASE is highly correlated with the GCC but with a lag time factor.” “We expect major advances in the ASE index by year end and for 2015.”

Tokyo Stock Exchange Has Published The Index Value Of TSE Home Price Index For April

Date 24/06/2014

The index value of TSE Home Price Index (Used Condominium, Composite of Tokyo Metro Area) is 80.57 points. The index value of TSE Home Price Index (Used Condominium, Tokyo) is 86.71 points. The index value of TSE Home Price Index (Used Condominium, Kanagawa) is 77.68points. The index value of TSE Home Price Index (Used Condominium, Chiba) is 65.31 points. The index value of TSE Home Price Index (Used Condominium, Saitama) is 67.71 points.

KVH Expands Its Financial Services Product Suite With Addition Of MarketPrizm Portfolio - Partnering With MarketPrizm To Strengthen KVH’s Market Position In Asia

Date 24/06/2014

KVH Co. Ltd., Asia’s leading information delivery platform headquartered in Tokyo, Japan, today announced that it has entered into a partnership with MarketPrizm to further reinforce and expand its current position as a leading low latency network and trading infrastructure provider in Asia.

Shenzhen Stock Exchange Market Bulletin 23 June, 2014 - Issue 20

Date 24/06/2014

Last week, Shenzhen Component Index tumbled 2.8% to 7195.7 points. SME Index  closed at 4631.6 points after losing 2.4%. ChiNext Index was down 3.5%  to 1334.0 points.  Total  turnover for stocks and funds  on SZSE was US$ 81.5 billion,  or a 3.4% increase  from the week before.

Ultra-low Latency HFT Options Trading System Goes Live

Date 23/06/2014

Argon Design, a design services company specializing in complex digital systems announced today that it has developed an ultra-low latency financial trading system for a proprietary trading house doing latency arbitrage on one of the leading exchanges in the Americas.

CFTC: Gretchen Lowe Announced Principal Deputy Director And Chief Counsel Of The Division Of Enforcement

Date 23/06/2014

The U.S. Commodity Futures Trading Commission (CFTC) today announced the appointment of Gretchen Lowe as Principal Deputy Director and Chief Counsel in the CFTC’s Division of Enforcement (Division). Ms. Lowe was Acting Director of the Division until the recent appointment of Aitan Goelman as Director.

SROs Launch Study To Analyze Implementation Cost Of The Consolidated Audit Trail - Industry Feedback Sought To Help Determine Data Collection Costs - Deadline For Submission Is August 6, 2014

Date 23/06/2014

The national securities exchanges and FINRA (collectively, the self-regulatory organizations, or SROs) today began distributing a cost study questionnaire to gather information to assess and manage the financial impact of anticipated Consolidated Audit Trail (CAT) reporting requirements on the broker-dealer community. The SROs are obligated to submit to the Securities and Exchange Commission (SEC) a national market system (NMS) plan to create, implement and maintain a consolidated order tracking system, or the CAT. The SROs are currently working together to identify an optimal design for the CAT and this study is a key part of that deliberative process. The SROs have requested that recipients return the completed questionnaire by August 6, 2014.

May 2014 FIF Market Share And Market Dynamics Reports – Executive Summary

Date 23/06/2014

U.S. Equities Market Share

• Share volumes traded across Tape A, B, and C totaled 21.0 billion shares, a decrease of 12.8% monthly, and decrease of 13.3% annually.
• In May 2014, off-exchange trading accounted for 36.1% of the shares traded in NMS Equity Securities, an increase of 1.3% compared to last month.
• NYSE-listed securities share volume was 63.7 billion shares, a decrease of 11.2% monthly and decrease of 16.5% annually.
• Share volume in NASDAQ-listed securities was 39.4 billion shares, a 11.5% monthly decrease and 0.8% annual increase.

MIAX Options Holiday Schedule - July 3rd & 4th

Date 23/06/2014

Please be advised the MIAX Options Exchange will have an abbreviated trading session on Thursday, July 3, 2014.  All Option Classes will close 3 hours early.  

SEC Charges Hedge Fund Advisory Firm And Others In South Florida-Based Scheme To Misuse Investor Proceeds

Date 23/06/2014

The Securities and Exchange Commission today charged a West Palm Beach, Fla.-based hedge fund advisory firm and its founder with fraudulently shifting money from one investment to another without informing investors.  The firm’s founder and another individual later pocketed some of the transferred investor proceeds to enrich themselves.