News Centre

The Spanish Stock Market Admits To Trading The First Stayhigh / Staylow Products

Date 29/07/2014

• They are listed products for investing in an asset which is expected to be above or below a given barrier level
• They comprise 13 StayHigh series and 11 StayLow on indices and shares
• Société Générale is the first issuer of this type of products on the Spanish stock market

Hong Kong's Securities And Futures Commission Reprimands And Fines Bright Smart Securities International (H.K.) Limited

Date 29/07/2014

The Securities and Futures Commission (SFC) has issued a reprimand to Bright Smart Securities International (H.K.) Limited (Bright Smart) and fined it $700,000 for allowing an advertisement which contains false and/or misleading information to be published.

USD 29 Billion In Net New Assets Gathered In First 6 Months By ETFs Based On MSCI Indexes

Date 29/07/2014

• 34% of net new ETF assets were linked to MSCI indexes
• Around one-third of all new equity ETFs globally were based on MSCI indexes
• AUM tracking equity ETFs globally based on MSCI indexes climbing towards all time high

Japan's Financial Services Agency: Opening Ceremony At The Asian Financial Partnership Center (AFPAC)

Date 29/07/2014

The Asian Financial Partnership Center (AFPAC) has started to invite two officials from Financial Regulatory Commission of Mongolia (FRC) and one official from State Bank of Vietnam (SBV) as Visiting Fellows and held an Opening Ceremony on July 29, 2014.

Global Legal Entity Identifier Foundation (GLEIF) Announces Funding Plan

Date 29/07/2014

At the inaugural Board meeting of the Global Legal Entity Foundation (GLEIF), the Board took a key decision on the implementation of one of the Financial Stability Board’s (FSB) recommendations for the Global Legal Entity Identifier System (GLEIS). The Board confirmed the 2014 GLEIF funding plan consisting of a License Fee of 20 USD and Member Credit Fee of 10 USD per LEI.  The license fee is determined on an annual basis in accordance with the LOUs full year registration and renewal activity. For 2014 this includes all LEI activity from January 1 through December 31.

Thailand Futures Exchange To Launch Gold Physical Exchange Service

Date 29/07/2014

Thailand Futures Exchange PCL (TFEX), under the Stock Exchange of Thailand group, joins hands with seven gold shop operators to offer physical gold exchange service for gold futures investors, enabling them to exchange a matured contract into physical gold at the gold shop operators. The service will start from the gold futures contract maturing in August.

UBS Second-Quarter Profit Before Tax CHF 1.2 Billion

Date 29/07/2014

• Net profit attributable to UBS shareholders CHF 792 million; diluted EPS CHF 0.21
• Wealth Management net new money CHF 10.7 billion
• Fully applied Basel III CET1 ratio at 13.5%
• Fully applied Swiss SRB leverage ratio at 4.2%
• Resolution of German cross-border tax matter with Bochum authorities

SEC Rules Advantaging Dark Pools – CMCRC

Date 29/07/2014

The Capital Markets Cooperative Research Centre (CMCRC) have published a new paper finding that SEC trading rules may be providing dark venues a regulatory advantage over traditional stock exchanges.

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

Date 29/07/2014

The index value of TSE Home Price Index (Used Condominium, Composite of Tokyo Metro Area) is 81.13 points. The index value of TSE Home Price Index (Used Condominium, Tokyo) is 87.8 points. The index value of TSE Home Price Index (Used Condominium, Kanagawa) is 77.95 points. The index value of TSE Home Price Index (Used Condominium, Chiba) is 64.84 points. The index value of TSE Home Price Index (Used Condominium, Saitama) is 66.96 points.

KVH To Launch Private Cloud Service With SDN/NFV Technologies - Fully Virtualized Layer 2 Through layer 4 Networking

Date 29/07/2014

KVH Co. Ltd., Asia’s leading information delivery platform headquartered in Tokyo, Japan, today announced that it has launched "Private Cloud Type-S,” a new private cloud computing service that utilizes Midokura’s MidoNet network virtualization software. "MidoNet" is network virtualization software that supports software-defined networking (SDN) / network functions virtualization (NFV) and provides open and flexible next-generation cloud environments, which are based on the popular open source cloud management system "OpenStack."