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MCX Weekly Market Report October 04, 2013 – October 10, 2013

Date 11/10/2013

Click here to download MCX's weekly market report  for the week October 04, 2013 to October 10, 2013.

Xetra/FWB: Vancamel AG Listed In Prime Standard

Date 11/10/2013

VanCamel AG shares (ISIN: DE000A1RFMM9) have been tradable in the Prime Standard of the Frankfurt Stock Exchange since 8 October. The initial listing price was €2.10.

Demand For SGX FTSE China A50 Index Futures Rises To A New Level

Date 11/10/2013

• China’s influence in the world has continued to evolve, with recent industry reports estimating Mainland household wealth doubling from US$16.5 tr to US$35 tr by 2015.
• Yesterday, PowerShares, a leading ETF provider, launched a new ETF that tracks the FTSE China A50 Index.  The ETF will invest primarily in the SGX FTSE China A50 Index Futures to track the Index.
• The SGX FTSE China A50 Index Futures are attracting a wide array of investors, providing an investable asset with high correlation to the onshore China market and offering 16.5 hours of trading each day.
• Liquidity and volume in the SGX FTSE China A50 Index Futures continue to soar - the contract achieved an average daily volume of 88,729 contracts and an open interest level of 202,547 contracts in September.

NZX: Clarification Of Inaccurate Statements In Media Reports

Date 11/10/2013

NZX wishes to clarify inaccurate statements in media reports today.

Shanghai Stock Exchange Denies Rumor Of Launching International Board Through Shanghai Pilot Free Trade Zone

Date 11/10/2013

As there is a rumor on the market that the Shanghai Stock Exchange (SSE) will launch an International Board through the Shanghai Pilot Free Trade Zone, it is recently learnt from the SSE that, it has neither considered nor studied launching any International Board through the Shanghai Pilot Free Trade Zone so far. Presently, no schedule for launching the International Board has been formulated yet.

The 4th Session Of Training Course For Board Secretary Of ChiNext Board Follow-Up Course Held By Shenzhen Stock Exchange On Prevention And Control Of Insider Trading And Speculation Over Restructuring

Date 11/10/2013

ISDA/JAC Response To HMT & BIS Consultation On Banking Reform: Draft Secondary Legislation

Date 10/10/2013

On October 9, ISDA submitted two responses to the consultation issued by HM Treasury & Department for Business Innovation and Skills on Banking reform: draft secondary legislation (issued in July).

SEC: Mark Kronforst Named Chief Accountant In Division Of Corporation Finance

Date 10/10/2013

The Securities and Exchange Commission today announced that Mark Kronforst has been named chief accountant of its Division of Corporation Finance.

NICE Actimize Financial Services Poll Finds That More Than 55 Percent Of Financial Institutions Rate Understanding Of FATCA Legislation ‘Average’ To ‘Poor’ - The Top Three FATCA Obstacles Facing Financial Institutions Are Account Identification, Compliance Timeliness And Multi-Jurisdictional Conflicts

Date 10/10/2013

NICE Actimize, a NICE Systems (NASDAQ:NICE) business and the largest and broadest provider of a single financial crime, risk and compliance software platform for the financial services industry, has identified that financial firms are still struggling with multiple challenges connected to the complex Foreign Account Tax Compliance Act (FATCA) regulation slated for rollout in July 2014. According to a recent poll conducted by the firm, more than 55 percent of  participants rated “average” to “poor” their understanding of FATCA legislation – an indicator that financial institutions will need to push harder to stay on pace with impending FATCA implementation deadlines.

Program Trading Averaged 30.4 Percent Of NYSE Volume During Sept. 30-Oct. 4

Date 10/10/2013

The New York Stock Exchange, a subsidiary of NYSE Euronext (NYX), today released its weekly program-trading data compiled from member firms' executed volume from NYSE's orders database.  The report includes trading on the NYSE for Sept. 30-Oct. 4.