News Centre

Eurex Launches Options On French Government Bond Futures

Date 22/07/2013

With effect from 10 September, the international derivatives market Eurex Exchange will launch options on futures that are based on notional long-term bonds issued by the French Republic (“Obligations Assimilables du Trésor” – OAT) with a notional coupon of 6 percent and a remaining maturity of 8.5 to 10.5 years. The minimum price change (tick size) is measured in points and, as with the Bund options, equals 0.01, corresponding to a tick value of 10 euros. Trading hours are from 8 a.m. to 5.15 p.m. CET.

CFTC Orders Panther Energy Trading LLC And Its Principal Michael J. Coscia To Pay $2.8 Million And Bans Them From Trading For One Year, For Spoofing In Numerous Commodity Futures Contracts - First Case Under Dodd-Frank’s Prohibition Of The Disruptive Practice Of Spoofing By Bidding Or Offering With Intent To Cancel Before Execution

Date 22/07/2013

The U.S. Commodity Futures Trading Commission (CFTC) issued an Order today filing and simultaneously settling charges against Panther Energy Trading LLC of Red Bank, New Jersey, and Michael J. Coscia of Rumson, New Jersey, for engaging in the disruptive practice of “spoofing” by utilizing a computer algorithm that was designed to illegally place and quickly cancel bids and offers in futures contracts. The Order finds that this unlawful activity took place across a broad spectrum of commodities from August 8, 2011 through October 18, 2011 on CME Group’s Globex trading platform. The CFTC Order requires Panther and Coscia to pay a $1.4 million civil monetary penalty, disgorge $1.4 million in trading profits, and bans Panther and Coscia from trading on any CFTC-registered entity for one year.

HKEx To Introduce Five New Stock Option Classes On 5 August

Date 22/07/2013

Hong Kong Exchanges and Clearing Limited (HKEx) will introduce five new stock option classes on Monday, 5 August: China Minsheng Banking, Great Wall Motor, Lenovo, MGM China and People’s Insurance Company of China.

Moscow Exchange Indices Weekly Review: July 15-19, 2013

Date 22/07/2013

Weekly review: July 15-19, 2013 (pdf, 652 Kb)

SGX: Cheaper, Earlier And Easier Access To Investing – Key Enablers For Better Retirement

Date 22/07/2013

Singaporeans may retire more comfortably if they could cost-effectively invest earlier in life in higher risk-return assets, according to research Singapore Exchange (SGX) commissioned.

A Weakening Exchanges Sector Continues To Be Bolstered By Strong Start - FTSE Mondo Visione Exchanges Index Weakens In Q2, 2013 - Japan Stock Exchange Outperforms Index, Year-To-Date

Date 22/07/2013

The exchanges sector experienced a softening in value during the second quarter, with the share prices of many publicly listed exchanges decreasing when compared to the strong performance of quarter one, 2013.

Guy Eden Joins Traiana As Head Of Product Management

Date 22/07/2013

Traiana, the leading provider of pre-trade risk and post-trade processing solutions, announced today that it has appointed Guy Eden as Head of Product Management. Guy will have cross asset responsibility and will report to Igor Teleshevsky, a member of Traiana's executive committee.

Dubai Financial Market Company Net Profit Surges 138% To AED 96.5 Million During The First Half Of 2013 - Average Daily Trading Value Up 85% To AED 467 Million And 14,359 New Investors Registered With DFM Since The Beginning Of The Year

Date 22/07/2013

• Abdul Jalil Yousuf Darwish: The development strategy will leave a positive outcome on the company’s performance in the future
• Essa Abdul Fattah Kazim: The performance of H1-2013 is sustainable as DFM comes under the radar of more prominent international investors

Preliminary Results For 2Q 2013 - UBS Reaches Agreement In Principle To Settle Industry Litigation With FHFA For RMBS Offerings - UBS Announces Preliminary Results For Second Quarter 2013 Reflecting Significant Progress In The Execution Of Its Strategy - UBS Reaches Agreement In Principle To Settle Litigation With FHFA For RMBS Offerings Between 2004 And 2007

Date 22/07/2013

UBS estimates that for the second quarter of 2013 its operating profit before tax was approximately CHF 1,020 million and its net profit attributable to shareholders was approximately CHF 690 million. Our Basel III common equity tier 1 ratio is expected to improve significantly to approximately 11.2% on a fully applied basis and 16.2% on a phase-in basis.

CME Group Signs Up Five Clients For Hong Kong Telecommunications Hub Print Email

Date 22/07/2013

CME Group, the world's leading and most diverse derivatives marketplace, today announced five clients have registered for and are now using its Hong Kong telecommunications hub; and they include CASH Financial Services Group, QUAM Securities, Philip Futures, and R.J. O'Brien & Associates HK Limited.