News Centre

Chinese Fund Manager To Create Products Using FTSE/JSE Index

Date 08/08/2013

The Johannesburg Stock Exchange (JSE) has signed a letter of intent for an index  product licence  with Chinese fund manager GF Fund Management Co to create exchange traded funds (ETFs) based on the FTSE/JSE Top40 Index.

TOM Insight July 2013

Date 08/08/2013

Click here to download TOM’s July ‘13 Insight, a document describing matching statistics on TOM MTF and savings made for the retail client by TOM Smart Execution.

Hong Kong’s Securities And Futures Commission: Investor Convicted Of Market Manipulation

Date 08/08/2013

The Eastern Magistrates’ Court today convicted a retail investor, Mr Au Wai Lok, of six counts of false trading in the shares of Xi’an Haitian Antenna Technologies Limited (Xi’an Haitian) after he pleaded guilty.

London Metal Exchange Considering 3 CEO Candidates -Bloomberg

Date 08/08/2013

According to a Bloomberg report, the London Metal Exchange is considering three candidates to succeed Chief Executive Martin Abbott who is stepping down as HKEx's co head of Global Markets and LME's CE at the end of this year.

Deutsche Börse: RWE Bond With €1 Billion Volume Moves To Prime Standard For Corporate Bonds

Date 08/08/2013

The RWE Finance BV bond, issued on 10 February 2009 under the guarantee of RWE AG, has been listed in Deutsche Börse's Prime Standard for corporate bonds since Thursday. The bond (ISIN: XS0412842857) has a volume of €1 billion, an interest rate of 6.5 percent and runs until 10 August 2021. Its nominal denomination is €1,000. Applicant and specialist is Close Brothers Seydler Bank AG.

Bob Diamond Reported To Be In Talks Over Investment In Aquis

Date 08/08/2013

Bob Diamond, the Former Barclays chief executive, is reported to have held talks over investment in Aquis Exchange.

AlgoSpan Low Latency Exchange Access Infrastructure - Connects To The Order Machine (TOM)

Date 08/08/2013

AlgoSpan, the specialist market infrastructure provider, is pleased to announce that as of 1 August 2013, customers of AlgoSpan will be able to connect to TOM MTF over “AlgoNet”.

ASIC: Instinet Australia Pty Limited Pays $130,000 Infringement Notice Penalty

Date 08/08/2013

Instinet Australia Pty Limited (Instinet) has paid a penalty of $130,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (MDP). The penalty was for not having in place at all times, as required, an appropriate automated filter in its Automated Order Processing (AOP) system to address the issue of wash trades or trades where there is no change in beneficial ownership (NCBO). 

CME Group Inc. Declares Quarterly Dividend

Date 08/08/2013

CME Group, the world's leading and most diverse derivatives marketplace, today declared a third-quarter dividend of $0.45 per share, payable September 25, 2013, to shareholders of record September 10, 2013.

Dow Jones S&P GSCI® Index: Market Attributes - Performance Of The Commodities Market In July

Date 07/08/2013

Key highlights from the S&P GSCI® include:

• The 24 S&P GSCI commodities were generally positive in July, with 15 commodities posting gains, driving the index up 4.9% MTD.
• The S&P GSCI Energy gained significantly, up 7.1% MTD, due to fundamentals driving up oil and unleaded gasoline. Gas had its fourth greatest July gain ever.
• The S&P GSCI Gold was up 7.1% in July, rebounding after its worst month in June since 1981. Fundamental support from bank buying bolstered the metal.
• The worst-performing sector in the index was S&P GSCI Agriculture, losing 2.8%. Corn, the worst performing commodity in July, lost 8.8% mainly due to weather. 
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