News Centre

Shanghai Stock Exchange: Notice Of Issues About Participation of Shares With Sales Limit And Stock Shares With Terminated Sales Limit In Listed Companies In Margin Trading, Securities Lending

Date 20/03/2013

Upon approval by the China Securities Regulatory Commission (CSRC), the Shanghai Stock Exchange (SSE) hereby releases the following notice of issues about participation of shares with sales limit and stock shares with terminated sales limit in listed companies in margin trading and securities lending, in a bid to further specify issues about margin trading and securities lending as well as regulate the relevant business management.

Shenzhen Stock Exchange Kicked Off The “Open House Program For International Investors”

Date 20/03/2013

Shenzhen Stock Exchange (SZSE) launched the first “Open House Program for International Investors” on Friday March 15th, the World Consumer Rights Day. More than 20 international institutional investors and retail investors from Hong Kong, Macao and Taiwan were invited to visit SZSE and listed companies. They represented institutions including QFIIs, QFII consulting firms, world-leading index developer and professional associations.

Lucena's QuantDesk Price Forecaster & Portfolio Optimizer Are Now Available On Bloomberg's App Portal - Machine-Learning Software Provides Statistical Validation For Technical, Fundamental And Event Driven Strategies

Date 19/03/2013

Lucena Research, a leading provider of decision support technology for investment professionals, announced today that Bloomberg Professional subscribers can now access its QuantDesk Price Forecaster {APPS QFORE GO} and Portfolio Optimizer {APPS QOPTIM GO} through the Bloomberg App Portal. QuantDesk Price Forecaster helps users find market opportunities through quantitative analysis and statistical forecasting.

CME Group Announces Open Interest Records In Henry Hub Natural Gas - Natural Gas Financial Futures On CME Globex Trade At Record Volumes

Date 19/03/2013

CME Group, the world's leading and most diverse derivatives marketplace, announced it reached two consecutive records in open interest for its benchmark Henry Hub Natural Gas (NG) futures contract.

SIFMA Presents Alfred J. Rauschman Award To Loren Schechter

Date 19/03/2013

SIFMA today announced that the Executive Committee of its Compliance & Legal (C&L) Society has presented the Alfred J. Rauschman Award to Loren Schechter, partner in the New York Office at Duane Morris LLP, in recognition of his contributions to the Compliance & Legal community and a career dedicated to the financial services industry.

ISDA Response To BCBS & IOSCO With Respect To The Second Consultative Document "Margin Requirements For Non-Centrally Cleared Derivatives"

Date 19/03/2013

The International Swaps and Derivatives Association ("ISDA") appreciates the opportunity to respond to the Basel Committee on Banking Supervision ("BCBS") and the International Organization of Securities Commissions ("IOSCO") with respect to the Second Consultative Document "Margin Requirements For Non-Centrally Cleared Derivatives" (the "Paper" or"BCBS 242") of February 2013.

SIFMA Acting President & CEO Kenneth E. Bentsen, Jr. Remarks At SIFMA's Compliance & Legal Society Annual Seminar

Date 19/03/2013

Thank you Heath for those insightful comments. SIFMA values the close working relationship we have with NASAA and we’re glad you could be with us here today. It is equally an honor to have CFTC Commissioner Scott O’Malia and FINRA CEO Rick Ketchum who we will hear from shortly. Heath, Scott and Rick, your being here adds tremendous value to this conference and our members’ ongoing efforts to build and maintain a strong and compliant market. 

CFTC: Federal Court Imposes More Than $57 Million In Sanctions Against Two Mexican Companies, MXBK Group S.A. De C.V. And MBFX S.A., For Defrauding Their U.S. Foreign Currency (Forex) Customers

Date 19/03/2013

The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained a federal court judgment against two Mexican companies, MXBK Group S.A. de C.V. (MXBK), and its forex division, MBFX S.A. (MBFX), requiring them jointly to pay restitution of $28,969,059 to defrauded U.S. customers and an equal amount as a civil monetary penalty. The Order, entered on March 7, 2013, by Chief Judge Ted Stewart of the U.S. District Court for the District of Utah, finds that MXBK and MBFX accepted at least $28 million from more than 800 U.S. customers to trade forex transactions in pooled accounts. The Order finds that MXBK and MBFX defrauded their customers, in part, by misrepresenting their historical trading results. The Order also finds that MXBK and MBFX willfully made, or caused to be made, false reports or statements to their customers regarding the profitability of their accounts.

Cyprus Stock Exchange Suspension Of Trading

Date 19/03/2013

The Cyprus Stock Exchange (CSE) announces that by a decision of the Chairman of the Council and the Director General –CEO of the CSE taken in accordance with Article 183 of the Securities and Stock Exchange Law, which was ratified by the Council of the Stock Exchange at an extraordinary meeting held today in accordance with Article 184 of the Law, the trading of all securities listed on the Stock Exchange is suspended for the purpose of ensuring the proper functioning of the Stock Market and to protect investors.

Closing Remarks At The ECB/EU Commission Conference On “Post-Trade Harmonisation And Financial Integration In Europe” - Speech By Yves Mersch, Member Of The Executive Board Of The ECB, Frankfurt Am Main, 19 March 2013

Date 19/03/2013

Ladies and gentlemen,

We have come to the end of today’s very intense programme. I now have the pleasure of sharing with you some thoughts on the main messages that have emerged in the course of today.