News Centre

Investec Structured Deposits Have Delivered 6.3% Per Annum Average Maturity Returns - Past Performance Data Suggests Structured Deposits Can Provide Better Returns Than Cash Deposits

Date 21/05/2014

Past performance data from Investec Structured Products shows returns from their structured deposits with a kick-out feature have outperformed savings bond rates since 2010, with average returns of 6.3% per annum, according to Investec Structured Products (ISP), the leading structured products specialist in the UK1.

BaFin President: Consumer Protection And Regulation – Where We Stand And What Must Still Be Done

Date 21/05/2014

“How much protection do consumers need?” This is the question with which BaFin President DrElke König opened the supervisory authority’s annual press conference on 20 May in Frankfurt am Main. Dr König explained in her speech that, for BaFin, ideal consumers are responsible consumers who confidently and independently take their own investment decisions."

DEVnet Releases Open Source Version Of Its kdb+ Building Blocks

Date 21/05/2014

DEVnet, a leading technology services and solutions consultancy in financial trading and risk management, has announced that it is releasing an open source version of its proprietary suite of building blocks for Kx Systems’ high performance database kdb+. The move will make it easier for firms to develop applications built on kdb+, enabling them to be deployed more quickly and reducing the total cost of ownership.

Markets See EU RMB Centres As Key To Global Role For China FX, Aite Group & Clearstream Report Says

Date 21/05/2014

• Aite Group has published a Clearstream-commissioned research paper “Internationalising the Renminbi: Weaving a Web for the Next World Currency”
• Survey respondents say the development of offshore centers in Europe is key to the internationalisation of the RMB/Some respondents believe EU centres should cooperate to build liquidity in offshore RMB
• Highly developed European market infrastructure could provide potential solutions to overcome remaining operational hurdles
• Facilitating issuance, settlement and custody of offshore RMB bonds seen as prerequisite for progress in internationalisation

Bursa Malaysia Securities Reprimands, Fines And Orders To Strike Off Yew Ting Hong For Unlawful/Unethical Activities/Practices

Date 21/05/2014

Bursa Malaysia Securities Berhad (Bursa Malaysia Securities) has publicly reprimanded, imposed a fine of RM500,000 and ordered to strike off Yew Ting Hong (YEW) from the Register if he was still a Registered Person of Bursa Malaysia Securities for engaging in unlawful/unethical activities through his acts of misconducts and abuse of clients’ monies/accounts.

ICAP Rated Best Broker In AsiaRisk Magazine's Interdealer Rankings For 2014

Date 21/05/2014

ICAP (IAP.L), a leading markets operator and provider of post trade risk mitigation and information services, today announced that it has been rated best broker in AsiaRisk Magazine’s Interdealer Rankings for 2014, for the seventh time in the history of the awards. 

SGX: Singapore Stocks Outperform US, Hong Kong, Europe & Japan Markets In Year-To-Date

Date 21/05/2014

• The STI’s price gain of 3.1% in 2014 YTD is resilient vs other US, Europe, Japan and HK stock benchmarks
• The SPDR STI ETF has generated annualised returns of 9.2% over the past 10 years ending 30 April 2014.
• The wide differences in returns of global stock indices in the first 21 weeks of the year showed that different markets reacted differently to global factors

Volante Technologies Appoints Market Engagement Director – Standards Evolution - Reinforcing The Organization’s Commitment To Supporting And Contributing To The Ever-Changing Messaging Standards Evolution In The Financial Services Industry

Date 21/05/2014

Volante Technologies, a global leader in the provision of innovative financial data integration, today announced the strategic appointment of Neil Clarke as Market Engagement Director – Standards Evolution.

Bursa Malaysia Securities Reprimands, Fines And Orders To Strike Off Teh Bee Yean For Unlawful/Unethical Activities/Practices

Date 21/05/2014

Bursa Malaysia Securities Berhad (Bursa Malaysia Securities) has publicly reprimanded, imposed a fine of RM500,000 and ordered to strike off Teh Bee Yean (TEH) from the Register if she was still a Registered Person of Bursa Malaysia Securities for engaging in unlawful/unethical activities through her acts of misconducts and abuse of clients’ monies/accounts.

Hong Kong's Securities And Futures Commission Reprimands And Fines ICBC International Capital Limited And ICBC International Securities Limited $12.5 Million Each For Failures Related To IPO Shares Subscription

Date 21/05/2014

The Securities and Futures Commission (SFC) has reprimanded ICBC International Capital Limited (ICBCI Capital) and ICBC International Securities Limited (ICBCI Securities) (collectively ICBCI) and fined them $12.5 million respectively in relation to their role in the initial public offering of Powerlong Real Estate Holdings Limited (Powerlong) in 2009.