News Centre

China: Progressing Towards Financial Market Liberalisation And Currency Internationalisation - Speech By Yves Mersch, Member Of The Executive Board Of The ECB, Renminbi Forum Luxembourg, 26 February 2014

Date 26/02/2014

Ladies and Gentlemen,

It is a pleasure to be the keynote speaker at the first-ever Luxembourg Renminbi Forum. I would like to thank Luxembourg for Finance for this opportunity to say a few words on the recent, rapid emergence of the renminbi as an international currency. Its new-found status is the result of China’s economic performance and part of a wider ongoing reform process in the country. So how will the internationalisation of the renminbi affect China, as well as the rest of the world? These are the issues I will address now.

Nigerian Stock Exchange Declared That Submitting Corporate Actions With Accompanying Financials Has Been Very Valuable For Quoted Companies

Date 26/02/2014

The Nigerian Stock Exchange (NSE) has declared that the practice of submitting corporate actions with the accompanying financials has been very effective for the companies listed on the stock exchange. This is in line with the bourse’s efforts of aligning with global best practices which entails all listed entities to submit their financial statements as and when due and in submitting the financial statements, the entities are expected to give detailed information especially on corporate actions.  

Perseus Acquires Chicago’s TLV Networks, Microwave Access Provider - Acquisition Adds High Precision Trading And Market Data For CME Group And ICE.

Date 26/02/2014

Perseus Telecom, a leading provider of high-speed global connectivity, High Precision Time™ and Market-to-Market networks announced today the acquisition of TLV Networks, Ultra-Low Latency Microwave Networks connecting the CME Group Aurora data centre and ICE at 350 Cermak, Chicago. Perseus adds this strategic expansion to a global network of 103 markets and data centre connections across all asset classes and Bitcoin coming soon.

HKEx: Appointment Of Derivatives Market Consultative Panel Member

Date 26/02/2014

The Board of Directors of Hong Kong Exchanges and Clearing Limited (HKEx) is pleased to announce the appointment of Craig Robertson as Derivatives Market Consultative Panel member effective today to fill the casual vacancy arising from the resignation of Toby Lawson.

With The Listing Of MPHC , The Number Of Listed Companies On Qatar Exchange (QE) Reaches 43

Date 26/02/2014

Today, Thursday, February 27, 2014, Mesaieed Petrochemical Holding Company “MPHC” was listed on Qatar Exchange (QE) to raise the number of listed companies to 43.

HKEx Welcomes Government Proposals To Waive The Stamp Duty For All ETFs

Date 26/02/2014

Hong Kong Exchanges and Clearing Limited (HKEx) welcomes the proposals outlined in the Hong Kong SAR Government budget for the April 2014 to March 2015 fiscal year aimed at further strengthening the competitiveness of the Hong Kong financial market.

DFM Signs Up For Gold Partner Of CBL International’s Educational Programs In Dubai - The Two Sides Ink Memorandum Of Understanding Defining Key Areas Of Cooperation

Date 26/02/2014

Dubai Financial Market (DFM) today announced it has signed a Memorandum of Understanding (MoU) with CBL International Education – partnership outlining key areas of cooperation. Through this MoU, DFM became the Gold partner of all academic programs of CBL International in Dubai. As one of CBL International’s educational partners DFM will present Dubai as the financial hub in the Middle East to all delegates of CBL International academic study abroad programmes in the UAE. CBL International is offering education programmes in Oxford, Cambridge, China, India, and the Middle East, already more than 3,000 delegates have participated in such programs.

National Association of Pension Funds Response To Financial Conduct Authority Consultation On Use Of Dealing Commission Calls For Full Transparency Of Costs And Unbundling Of Research

Date 26/02/2014

The National Association of Pension Funds (NAPF) today (Weds) published its response to the Financial Conduct Authority’s (FCA) consultation on the use of dealing commission rules.

African Securities Exchanges Association ASEA Newsletter- February 2014 Edition

Date 26/02/2014

The African Securities Exchanges Association has released the ASEA Newsletter- February 2014 Edition.

The UK Financial Conduct Authority Fines FXCM UK £4 Million For Making ‘Unfair Profits’ And Not Being Open With The FCA

Date 26/02/2014

The Financial Conduct Authority (FCA) has fined Forex Capital Markets Ltd and FXCM Securities Ltd (“FXCM UK”) £4,000,000 for allowing the US based FXCM Group to withhold profits worth approximately £6 million ($9,941,970) that should have been passed on to FXCM UK’s clients.