News Centre

FCA Bans Four For 'Disgraceful' Failings In Relation To Occupational Pension Schemes

Date 17/12/2013

Three men have been banned from working in the financial services industry by the Financial Conduct Authority (FCA); and another has been banned from holding key positions. This follows a review of CBW Trustees Limited and CBW Pensions Forensics Limited (collectively CBW) by the Pension Regulator (TPR) which found serious flaws in CBW’s conduct.

November 2013 FIF Market Share And Market Dynamics Reports – Executive Summary

Date 17/12/2013

U.S. Equities Market Share

• Share volumes traded across Tape A, B, and C totaled118.0 billion shares, a decrease of 18.4% monthly, and9.2% annually.
• In November 2013, off-exchange trading accounted for37.5% of the shares traded in NMS Equity Securities, a slight increase of 0.2% compared to last month.
• NYSE-listed securities share volume was 63.8 billion shares, a decrease of 17.1% monthly, and 10.8% annually.
• Share volume in NASDAQ-listed securities was 34.1 billion shares, a 17.2% monthly and 3.4% annual decrease.

Aquis Exchange Expands Client Sales Team - Appoints Graham Dick To Head Team, Leila Mayet Joins From Nasdaq OMX

Date 17/12/2013

Aquis Exchange, the subscriptions-based European equities exchange, today announced that it has expanded its Sales and Client Relationship Management (CRM) team and appointed Graham Dick to lead it. 

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.