News Centre

NZ Financial Markets Enter New Era

Date 01/04/2014

Commerce Minister Craig Foss is welcoming a new era for New Zealand’s financial markets as the Financial Markets Conduct Act comes into force today.

Hong Kong's Securities And Futures Commission Suspends Chan Chi Ki For Six Months

Date 01/04/2014

The Securities and Futures Commission (SFC) has suspended Mr Chan Chi Ki for six months from 1 April 2014 to 30 September 2014.

Shanghai Futures Exchange: Notification On Schedule For Continuous Trading Hours During Holidays Of The Tomb Sweeping Day

Date 01/04/2014

Heilongjiang Province Agriculture Commission, Dalian Commodity Exchange Hold Market Analysis Activity

Date 01/04/2014

Recently, the Heilongjiang Province Agriculture Commission (HPAC) and Dalian Commodity Exchange (DCE) jointly held the “2014 Activity on Analyzing Agricultural Products Market Situations in Heilongjiang Province” in Harbin, in a bid to scientifically analyze and judge the agricultural products market situations, guide the farmers in agricultural restructuring and planting marketable varieties and achieve the “proper yields, smooth sales and adequate prices” of the agricultural products. Attending the activity were the officials of the agriculture commissions and food bureaus and heads of the cooperatives in Heilongjiang Province.

Shanghai Futures Exchange: Notification On Market Risk Control During Holidays Of The Tomb Sweeping Day

Date 01/04/2014

With the coming of the Tomb Sweeping Day of 2014, we will close from April 5 to 7. As the global economic and financial situations are very complex and changeable recently and there are many uncertain factors affecting the market operation, all members are required to do well in risk control, appropriately increase the trading margin according to the position-holding amount and risks of each investor, and strictly manage investors’ doposit and withdrawal of money. Besides, they should remind investors of careful operation and rational investment, and maintain technical systems and ensure network security during the holidays for smooth operation of the market.

Tokyo Commodity Exchange: Final Settlement Price Of Crude Oil For March 2014 Contract

Date 01/04/2014

Final settlement price of Middle East Crude Oil for March 2014 contract is 67,100 yen.

Shanghai Stock Exchange: Business Of Bond Repayment On Installments Adjusted

Date 01/04/2014

Since the end of last year, reduction of bond nominal value has been adopted for the business of repayment on installments for the bonds listed on the Shanghai Stock Exchange (SSE) according to the new rule. On October 18, 2013, the “SSE Trading Rules” (amended in 2013) issued by the SSE stipulated that reduction of bond nominal value should be mainly adopted for bond repayment on installments, and reduction of bond positions or other ways could be adopted according to market conditions. Reduction of bond nominal value for the business of bond repayment on installments is conducive to improving the efficiency of the business. When bond issuers repay on installments, the bond positions held in the investors’ accounts will remain unchanged, with the nominal value of one lot of bonds reduced correspondingly. Besides, payable bond interests should be calculated according to the adjusted bond nominal value. Opening reference price after repayment on installments = closing price before the day for repayment on installments – 100 * the ratio to be repaid this time.

NASDAQ OMX Holds First Quarter 2014 Investor Conference Call

Date 01/04/2014

NASDAQ OMX (Nasdaq:NDAQ) has scheduled its First Quarter 2014 results announcement.

Federal Court Orders Two Florida Men And Their Companies To Pay More Than $3.3 Million In Restitution And Penalties To Settle Charges Stemming From Role In Illegal, Off-Exchange Precious Metals Transactions - The CFTC Sued John King And Newbridge Alliance, Inc., And David A. Moore And United States Capital Trust, LLC, In Scheme Orchestrated By Hunter Wise Commodities, LLC

Date 31/03/2014

The U.S. Commodity Futures Trading Commission (CFTC) today announced that on February 26, 2014, Judge Donald M. Middlebrooks of the U.S. District Court for the Southern District of Florida in Miami entered permanent injunction Orders against Florida residents John King and his company Newbridge Alliance, Inc. (Newbridge), and David A. Moore and his company United States Capital Trust, LLC(USCT), who the CFTC sued for their role in a multi-million dollar precious metals scheme orchestrated byHunter Wise Commodities, LLC and related companies (Hunter Wise) (see related press release 6447-12and Complaint.)

BGC Partners Updates Its Outlook For The First Quarter Of 2014

Date 31/03/2014

BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC," or "the Company"), a leading global brokerage company servicing the financial and real estate markets, today announced that it has updated its outlook for the first quarter of 2014.