News Centre

S&P GSCI Dynamic Roll Capped Component 35/20 Launched By S&P Dow Jones Indices

Date 18/07/2013

S&P Dow Jones Indices announced today the launch of the S&P GSCI® Dynamic Roll Capped Component 35/20 reflecting the total return available through an unleveraged investment in the specific commodities of the S&P GSCI Dynamic Roll while employing the S&P Capped Component 35/20 methodology. The Index contains the specific commodity futures contracts of the S&P GSCI Dynamic Roll and is calculated using the rules of the S&P GSCI Dynamic Roll, but modified to apply the Capped Component 35/20 rules for capping according to the ESMA guidelines on UCITS issues.

Warsaw Stock Exchange: Wiesław Rozłucki Elected Chairman Of The Exchange Supervisory Board

Date 18/07/2013

The Warsaw Stock Exchange informs that the Exchange Supervisory Board has decided on 17 July 2013 to elect the former President of the WSE as the Chairman of the Exchange Supervisory Board. Wiesław Rozłucki has been proposed as a candidate by the outgoing Chairman, Professor Leszek Pawłowicz. Professor Pawłowicz has at the same time resigned as the Chairman. Dr Wiesław Rozłucki has been elected to the Supervisory Board on request of a minority shareholder at the General Meeting of Shareholders on 22 June 2013.

Thomas Murray Limited Upgrades The Counterparty Risk (CR) Rating For The Palestine Exchange (PEX) From “A-” To “A”

Date 18/07/2013

The Palestine Exchange announced that the Counterparty Risk (CR) rating for the Palestine CDS has been upgraded from “A-” to “A” by Thomas Murray Limited. Meanwhile, the overall proprietary rating remains at “A-”. The CR rating upgrade reflects the new DVP settlement arrangements at the Palestine CDS, including the launching of cash settlement processing through the Palestine Monetary Authority (PMA) in March 2013.

Push Technology And Azul Systems Partner To Enhance Real-Time Interactive Experiences In Gaming, Gambling And Trading Environments - Collaboration Improves Performance And Reduces Latency Outliers By 8x For Real-Time Data Distribution

Date 18/07/2013

Azul Systems, the leading provider of Java solutions for application low latency and scalability, and Push Technology, data distribution specialists, today announced a commercial agreement to combine complementary products and technologies. Through this partnership, financial services, gaming and data services companies that are dependent on accessing or distributing high frequency, real-time data can now leverage a high performance platform for delivering consistent and interactive client experiences that are independent of message size and data rates.

ESMA Finalises Supervisory Co-Operation Agreements For Alternative Investment Funds

Date 18/07/2013

The European Securities and Markets Authority (ESMA) has approved seven co-operation arrangements between EU securities regulators and their global counterparts with responsibility for the supervision of alternative investment funds, including hedge funds, private equity and real estate funds.

Tel Aviv Stock Exchange CEO Ester Levanon To Step Down At Year-End

Date 18/07/2013

Ester Levanon, TASE CEO, will step down at the end of the year

Ian Axe To Step Down As Chief Executive Of LCH.Clearnet

Date 18/07/2013

LCH.Clearnet, the multi-national clearing house group, today announces that Ian Axe is to step down as Chief Executive of LCH.Clearnet Group Limited and LCH.Clearnet Limited.

Hong Kong's Securities And Futures Commission, Hong Kong Monetary Authority And The Royal Bank Of Scotland N.V. Reach Agreement On Lehman Brothers-Related Equity-Linked Notes

Date 18/07/2013

The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) announced today that an agreement has been reached with The Royal Bank of Scotland N.V. (RBS), formerly known as ABN AMRO Bank N.V. (ABN Amro), in relation to the sale of Lehman Brothers-related equity-linked notes (LB-ELNs) to retail clients between July 2007 and May 2008.

Misys Sees Significant Take-Up In Commercial Lending Sales And Appoints Paul Spiteri As Global Sales Director For Loan IQ To Continue Momentum - New Role At Misys Formed To Meet Demands For Consolidated Loan Management Systems And To Lead The Expansion Of The Lending Business

Date 18/07/2013

Misys, the global financial services software leader, has announced the appointment of Paul Spiteri as the Global Sales Director for its commercial lending portfolio. The new role has been set up to address the increasing need for banks and financial institutions to manage their commercial lending operations more efficiently.

London Stock Exchange Group - Interim Management Statement For The Period To 17 July 2013, Including Revenues And KPIs For The Three Months Ended 30 June 2013 (Q1)

Date 18/07/2013

• Good Group performance – revenue up 39 per cent on Q1 last year at £249.7 million, reflecting growth across all business divisions and first time addition of LCH.Clearnet; revenue up 8% on an organic, constant currency basis
• Information Services – revenue up 11 per cent with continued good growth from FTSE (up 8% on organic and constant currency basis)
• Post Trade Services (excluding LCH.Clearnet) – the Group’s Italian-based operations reported revenues up by 10 per cent (up 5% on organic and constant currency basis)
• LCH.Clearnet  – £60.7 million total income contribution (excluding unrealised loss) since the Group’s completion of the acquisition of a majority stake, effective from 1 May 2013
• Capital Markets – revenue up 11 per cent with growth in both primary and secondary markets (up 9% on organic and constant currency basis)
• Technology Services – revenue up 28 per cent reflecting a strong performance from MillenniumIT (up 18% on organic and constant currency basis)
• Ian Axe to leave his position as CEO of LCH.Clearnet Group; will remain in place to ensure an orderly transition
• LSEG confirmed plans to expand its custody and settlement services through establishment of a new CSD in Luxembourg; a major new customer confirms selection of LSEG for settlement, custody and asset servicing