News Centre

Thai Bourse Announces SET Indices Semi-Annual Review Results

Date 16/06/2014

The Stock Exchange of Thailand (SET) announces the semi-annual index review results for the SET50, SET100, and SETHD indices for the second half of 2014 (July 1 – December 31), SET President Kesara Manchusree said.

EDHEC-Risk Institute Study Shows That It Is Possible To Construct Improved Forms Of Risk Parity Strategies

Date 16/06/2014

In a new study entitled “Towards Conditional Risk Parity – Improving Risk Budgeting Techniques in Changing Economic Environments”, drawn from the Lyxor research chair on “Risk Allocation Solutions,” EDHEC-Risk Institute develops a conditional approach to risk parity, which contrasts with standard unconditional risk parity portfolios based on historical volatility estimates.

UK's Financial Conduct Authority Fines Credit Suisse And Yorkshire Building Society For Financial Promotions Failures

Date 16/06/2014

The Financial Conduct Authority (FCA) has today fined both Credit Suisse International (CSI) and Yorkshire Building Society (YBS) for failing to ensure financial promotions for CSI’s Cliquet Product were clear, fair and not misleading. CSI was fined £2,398,100 and YBS’s fine was £1,429,000.  

Underperformance Rife Among Active Mutual Fund Managers - UK Investors Would Be 1.44% P.A. Better Off Switching To A Passive Tracker Fund - Study Also Claims Funds Should Split At Critical Size To Protect Investor Returns

Date 16/06/2014

Almost all active fund managers fail to outperform the market once fees are extracted from returns, according to new research.

Singapore Fixed Income Indices (SFI) Weekly

Date 16/06/2014

Below are key highlights for the week ending 13 June 2014 (please click on the attachment for further detail):

• The SFI lost 0.20% to 117.47.
• YTD, the STI currently outperforms the SFI by 1.86%.
• The SFI Corporate Bond Index registered its first weekly decline (-0.02%) in the last 10 weeks.  The SFI Industrial Bond Index also declined (-0.03%).
• The SFI Financial Bond Index remained resilient and advanced (+0.07%) for the tenth consecutive week.
• The SFI Financial Bond Index demonstrates a stronger inverse correlation to the STIcompared with the SFI Industrial Bond Index (YTD: -22% vs. -10%).

Sample Adjustment Of SZSE Component Index, SZSE SME Index And SZSE ChiNext Index

Date 16/06/2014

On June 16, 2014, Shenzhen Stock Exchange and Shenzhen Securities Information Co., Ltd. jointly announced to make regular adjustment, in line with the indices compiling rules, to the sample stocks for SZSE series indices, which include SZSE Component Index, SZSE SME Index, SZSE ChiNext Index and SZSE 100 Index, etc. . Meanwhile, Shenzhen Securities Information Co., Ltd. announced to make regular adjustment to the sample stocks for CNI 100 Index and other cross-market indices. The adjustment will become effective as of the first trading day of July, 2014.  

DGCX Polypropylene PP Futures Performance

Date 16/06/2014

Power Of Reform And Innovation: The New Economic Growth Point - Speech By Song Liping, President Of The Shenzhen Stock Exchange At The 16th China Venture Capital Forum

Date 16/06/2014

The focal topic for today’s forum is searching new economic growth points. We have just carefully studied the speech by Xi Jinping, General Secretary of the CPC Central Committee at Academicians’ Conference on June 9, 2014. Our experience indicates that the new economic growth point lies in technological innovation, acceleration in transformation toward innovation-driven development model. This requires, on one hand, that we accelerate scientific and technological reform and improve the national innovation system. On the other hand, it is imperative for us to enhance the market’s power in resources allocation. In this regard, the capital market shall strengthen its capacity to meet the requirement to support scientific and technological innovation.

Deutsche Börse: IPO In General Standard: JJ Auto AG

Date 16/06/2014

Shares of the Chinese JJ Auto AG (ISIN: DE000A1TNS70) have been tradable in the General Standard of the Frankfurt Stock Exchange since 16 June. The placement volume was 100,240. The issue price was €7.17 and the initial listing price €7.30.  

Phillip Futures Selects FlexTrade For White Label FX & Precious Metals Trading - Margin FX Brokerage Arm Of PhillipCapital Group Deploys MaxxTrader, A Complete Turnkey ASP Front-End, For Trading NDFs, Spot Currencies & Precious Metals

Date 16/06/2014

FlexTrade Systems, Inc., a global leader in multi-asset execution and order management systems, today announced Phillip Futures, a member of PhillipCapital Group , has deployed MaxxTrader, its full STP, white label FX trading system to process client NDFs, spot currencies and precious metals.