News Centre

Hong Kong's Securities And Futures Commission Spots Deficiencies In Selling Practices Of Licensed Corporations

Date 24/10/2012

In its thematic inspection report released today, the Securities and Futures Commission (SFC) has identified areas for improvement in the selling practices of licensed corporations.

Japan's Financial Services Agency Extends Temporary Measures Regarding Restrictions On Short Selling And Purchase Of Own Stocks By Listed Companies

Date 24/10/2012

The following regulatory measures on short selling are currently in place, with regard to all listed stocks in Japan.

News Report Regarding Purported HR Matters Related To Merger Of Osaka Securities Exchange And Tokyo Stock Exchange

Date 24/10/2012

Today, there have been some media reports on human resource matters related to the business combination between Tokyo Stock Exchange Group, Inc. (TSE Group) and Osaka Securities Exchange Co., Ltd. However, there is no factual basis regarding such a decision at the present time.

Completion Of The Issue Of HKEx Convertible Bonds

Date 24/10/2012

The Board is pleased to announce that all of the conditions precedent for the issue of the Convertible Bonds under the Subscription Agreement have been fulfilled and that completion of the issue of the Convertible Bonds in the principal amount of US$500,000,000 (approximately HK$3,876,550,000) took place on 23 October 2012.

Regarding Today's Some News Report On Purported Personnel Matters Related To Merger Of Osaka Securities Exchange And Tokyo Stock Exchange

Date 24/10/2012

Today, there were some news reports by some media institutions on personnel matters in connection with the business combination between Osaka Securities Exchange Co., Ltd. and Tokyo Stock Exchange Group, Inc.

The Shenzhen Stock Exchange And The Options Industry Council Sign Mou Regarding Options Research And Education In China

Date 24/10/2012

The Shenzhen Stock Exchange (SZSE) and The Options Industry Council (OIC) announced today they have signed a Memorandum of Understanding regarding joint options research and education. The ceremony was held with members of the OIC and SZSE in Shenzhen, China on Tuesday October 23, 2012.

CFTC Announces Public Meeting Of The Technology Advisory Committee - Full Committee To Focus On Updates From The Subcommittee On Automated And High Frequency Trading, Discussion Of Industry-Lead Effort To Improve Customer Protections And New Technological Requirements Imposed By Part 1 Of The Commission’s Regulations

Date 23/10/2012

The Commodity Futures Trading Commission (CFTC) announces that on Tuesday, October 30, 2012, the CFTC’s Technology Advisory Committee (the “TAC” or “Committee”) will hold a public meeting at the Hilton Chicago, from 9:00 a.m. to 5:00 p.m. The meeting will focus on three significant issues facing the futures and swaps industries as the Commission continues to finalize rules under the Dodd-Frank Act. These issues are: (1) automated and high frequency trading (HFT); (2) the implementation of an automated technological solution to protect customer funds; and (3) Implementation of §§ 1.73 & 1.74 of the Commission’s Regulations: Technological challenges and possible Commission waivers.

NASDAQ OMX Commodities Quarterly Report For Market Surveillance - 1 July To 30 September 2012

Date 23/10/2012

Market surveillance regularly publishes reports for the previous period. Any sanctions imposed will be published after taking effect.

This report includes the period from 1 July to 30 September 2012.

Market Surveillance has during third quarter continued to have focus on activities that could give misleading signals to the market. Market Surveillance has looked into order and trading activities on the exchange and simultaneous activities OTC that combined could indicate any form of misleading activity.

Federal Court Orders Robert A. Christy And His Company, Crabapple Capital Group LLC, To Pay Over $2.6 Million In Monetary Sanctions For Foreign Currency Fraud - Court Permanently Bars Defendants From Commodities Industry

Date 23/10/2012

The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained a federal court order requiring defendants Robert A. Christy of Milton, Ga., and his company,Crabapple Capital Group LLC (Crabapple) of Alpharetta, Ga., to pay over $2.6 million in monetary sanctions for foreign currency (forex) fraud.

CFTC Orders San Gabriel, California Resident David Kaup And His Companies To Pay Over $1.89 Million In Restitution And Penalties To Settle Forex Fraud And Misappropriation Charges - Kaup And His Companies, Lunden Forex Partners, LP, Lunden Forex Management, LLC, Black Horse Funds, LLC, Black Horse Management, LLC, And Black Horse Partners, LP, Defrauded Investors Out Of Almost $1.4 Million

Date 23/10/2012

The U.S. Commodity Futures Trading Commission (CFTC) today announced that it filed and simultaneously settled charges against David Kaup of San Gabriel, Calif., and his California-based companies, Lunden Forex Partners, LP, Lunden Forex Management, LLC (Lunden Entities), Black Horse Funds, LLC, Black Horse Management, LLC, and Black Horse Partners, LP (Black Horse Entities). The CFTC charged that they fraudulently solicited individuals with false claims of a profitable trading history for the purpose of trading leveraged or margined off-exchange foreign currency (forex) contracts, misappropriated customer funds, and issued false statements to conceal trading losses and the fraud.