News Centre

Hong Kong's Securities And Futures Commission Reprimands And Fines UBS Securities Hong Kong Limited HK$1.6 Million For Regulatory Breaches

Date 21/05/2013

The Securities and Futures Commission (SFC) has reprimanded and fined UBS Securities Hong Kong Limited (UBS) HK$1.6 million for regulatory breaches and internal control failings relating to position limit failures.

HKEx Unveils Women's Exchange To Promote Women's Participation In Corporate Leadership

Date 21/05/2013

Hong Kong Exchanges and Clearing Limited (HKEx) is promoting the active participation of women in leadership roles within the company through the launch of the Women’s Exchange, which was unveiled today (Tuesday).

European Parliament: Taxpayers And Savers Last In Line To Save Banks

Date 21/05/2013

Taxpayers and savers must be the last people called upon to bail out bankers, says Parliament's negotiating position, approved by the Economic and Monetary Affairs Committee on Monday on draft rules on how to save struggling banks. The text rules out using deposits below €100,000 or deposit guarantee funds, and says that even deposits above €100,000 should be the last to be called in. It also sets out strict conditions for using taxpayer's money.

Performance Update EDHEC-Risk Alternative Indexes: Hedge Funds Extend Gains In April

Date 21/05/2013

In April, the stock markets’ winning streak extended to six months. The S&P 500, with a 1.93% return, reached an all-time high while equity implied volatility remained extremely low, with the VIX at 13.5%. High-grade bonds rebounded (Lehman Global: 0.89%, Lehman US: 0.29%), credit spreads tightened slightly (index: 0.18%) and convertible bonds recorded another impressive performance (2.33%) confirming a trend established for almost a year. Commodities suffered a crushing 4.67% loss, the worst since May 2012, led by base metals and crude oil. The dollar, finally, slid significantly (-0.98%) erasing last month’s gains.

Social Trading: What We Can Learn From 50 Million Trades - 50 Million Traded Positions At eToro Establishes Social Trading As An Investment Alternative

Date 21/05/2013

eToro, the world’s largest social investment network, has reached the major landmark of 50 million trades by its users. This number shows the success of the company’s vision of making the financial markets accessible for everyone to trade in a simple and transparent way.

Resuming Same Day Trading Mechanism At Egyptian Exchange Trading Platform

Date 21/05/2013

Referring to the Egyptian Financial Supervisory Authority (EFSA) decree to resume same day trading for shares as of 23 May 2013 trading session, The Egyptian Exchange (EGX) would like to announce added features to this mechanism for dealers:

First:  The possibility to buy part or all of the quantity sold from the client? balances in the same trading session.  This is in addition to what was applied before; selling all or part of the purchased quantity in the same trading session. 

Largest Trader On NYSE Liffe RSJ Chooses Kx Systems For Speed

Date 21/05/2013

Kx Systems, the leader in high-performance database and time-series analysis, confirms today that RSJ a.s. (RSJ), the biggest trader on NYSE Liffe and a large trader on other derivatives exchanges, has chosen Kx’s kdb+ to support its algorithmic trading.

Xetra/FWB: Subscription Starts For DF Deutsche Forfait AG Corporate Bond

Date 21/05/2013

DF Deutsche Forfait AG is planning a corporate bond in Deutsche Börse’s Entry Standard. The subscription period begins today and will run until 24 May subject to early termination in case of high demand. The bond (ISIN DE000A1R1CC4) has a volume of up to €30 million, runs until 27 May 2020 and has an interest rate of 7.875 percent. Its nominal denomination is €1,000.

Tokyo Commodity Exchange Monthly Foreign Customer Trades Hit All-time High In April

Date 21/05/2013

The Tokyo Commodity Exchange, Inc announced today that the April 2013 monthly volume of customer trades (sell & buy) originating overseas marked all-time high with 2,244,433 contracts renewing the record made in February 2013 with 1,920,053 contracts. This volume accounts for 34.3% of total monthly trades recording the highest ratio.

Shenzhen Stock Exchange: "11 Chaori Bond"to Be Suspended From Listing

Date 21/05/2013

As disclosed by Shanghai Chaori Solar Energy Science and Technology Co., Ltd. on May 20 2013, the company’s corporate bonds (Code: 112061, Abbreviation: 11 Chaori Bond) will be suspended from listing due to issuer’s losses for consecutive two years in 2011 and 2012, in compliance with relevant stipulations in the Rules of Shenzhen Stock Exchange for Corporate Bond Listing (2012 Revision).