News Centre

Tribunal Bans Former Trader For Lying To The FCA And The Tribunal

Date 17/12/2013

The Upper Tribunal (Tax and Chancery Chamber) has directed the Financial Conduct Authority (FCA) to ban former derivatives trader David John Hobbs from performing any role in regulated financial services.

ECC To Introduce Trade Reporting Services

Date 17/12/2013

In the future, European Commodity Clearing (ECC) will also offer reporting of transaction data – so-called Trade Reporting – in the framework of EMIR (European Market Infrastructure Regulation).

KRX Signs MOU With IDX

Date 17/12/2013

On December 16, 2013, Korea Exchange (KRX) and Indonesia Stock Exchange (IDX) signed a Memorandum of Understanding (MOU) to pursue a continuing relationship for the mutual benefit of the financial services industry in Korea and Indonesia. 

FTSE SET Index Series December Semi-Annual Review

Date 17/12/2013

• No changes to FTSE SET Large Cap
• Two additions to the FTSE SET Mid-Cap Index
• Six additions to the FTSE SET Shariah Index

Dalian Commodity Exchange Holds Workshop On Options, Market Makers

Date 17/12/2013

In order to promote the smooth development of the work in options and foster the domestic group of market makers, from December 12 to 13, Dalian Commodity Exchange (DCE) organized the workshop on options market maker which was designed for futures company members, some securities firms and institutional investors. The workshop was attended by a total of more than 70 participants including those from the invited units such as the China Securities Regulatory Commission (CSRC), the exchanges and the margin monitoring center.

HFT Specialist NanoSpeed Hires Michael Villain For Global Business Development

Date 17/12/2013

NanoSpeed, the provider of ultra-fast FPGA solutions to the trading community, has today announced that Michael Villain is joining the company as the global head of business development. Villain brings a great deal of industry experience and knowledge of the highly competitive HFT and low-latency sectors of global trading.

HKEx Employees' Share Award Scheme

Date 17/12/2013

The amendments to the Scheme Rules and the Trust Deed of the Scheme approved by the Board to (i) facilitate participation of LME employees in the Scheme; (ii) allow the Board to make Senior Executive Awards as long-term incentives for Senior Executives of the Group; and (iii) reflect the appointment of Computershare Hong Kong Trustees Limited as the new trustee of the Scheme become effective on 17 December 2013.  

HKEx And LME Announce Formation Of LME Clear Board

Date 17/12/2013

Hong Kong Exchanges and Clearing Limited (HKEx) and the London Metal Exchange (LME) are pleased to announce the formation of the Board of LME Clear, the LME's self-clearing platform currently in development. LME Clear is on track to launch, as planned, on 22 September 2014.

FIX Trading Community Restructures And Gets Ready To Celebrate 20 Years In 2014

Date 17/12/2013

FIX Trading Community, the non-profit industry-driven standards body at the heart of global financial trading, is proud to announce a number of organisational changes.  The purpose of this exercise is to ensure the organisation is optimally structured to address the technical, business and regulatory issues impacting multi-asset trading across the global financial markets. This work specifically targets the increased use of standards, including the FIX Protocol, to deliver operational efficiency, increased transparency, and reduced costs and risk for all market participants. The restructuring comes as a follow on to a recent launch of their new website as well as an organisational rebrand.

DGCX Named Exchange Of The Year 2013 - DGCX EOS Trader Platform Also Wins ‘Best Technology Innovation’ Award

Date 17/12/2013

Dubai Gold and Commodities Exchange (DGCX) emerged as a big winner at the Futures & Options World International Awards held this week, picking up two major industry awards. DGCX was named the “Exchange of the Year 2013” in the Middle East and Africa and its EOS trader platform was recognized as the “Best Technology Innovation by an Exchange” in Asia, Australasia, Middle East and Africa.