News Centre

Raj Mahajan Appointed CEO Of Allston Trading - Carlton Jones Elevated To Chairman

Date 10/09/2012

Allston Trading, LLC announced today that its Board of Managers has appointed industry veteran Raj Mahajan, 39, as Chief Executive Officer.  Carlton Jones, 37, who has served as President and CEO since 2010, has assumed the role of Chairman and remains President. The changes are effective today.

Securities Commission Malaysia: Azman Hisham Che Doi Appointed CEO Of The Securities Industry Development Corporation

Date 10/09/2012

The Securities Industry Development Corporation (SIDC), the training and development arm of the Securities Commission Malaysia (SC), has appointed Azman Hisham Che Doi as its Chief Executive Officer with immediate effect.

HKFE Announces Revised Margins For Bank Of Communications, China Merchants Bank And Industrial And Commercial Bank Of China Futures

Date 10/09/2012

 Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Wednesday, 12 September 2012, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contracts will be as outlined in the table below.  The adjustments are based on the clearing company’s normal procedures and standard margining methodology.

European Commission: Towards A Banking Union

Date 10/09/2012

At the European Council of 28/29 June, EU leaders agreed to deepen economic and monetary union as one of the remedies of the current crisis. At that meeting, the leaders discussed thereport entitled 'Towards a Genuine Economic and Monetary Union', prepared by the President of the European Council in close collaboration with the President of the European Commission, the Chair of the Eurogroup and the President of the European Central Bank. This report set out the main building blocks towards deeper economic and monetary integration, including banking union.

EBS And Thomson Reuters To Use Traiana Harmony For OTC FX Clearing Connectivity

Date 10/09/2012

Traiana, leading provider of post-trade solutions, announces today that EBS and Thomson Reuters have selected Traiana Harmony for connectivity to over-the counter (OTC) client clearing firms and central counterparties (CCPs). By using Harmony CCP Connect, clients trading on their platforms will have a ready connection to submit their trades to clearing houses and clearing brokers without additional cost or infrastructure investments, automating the clearing of OTC FX Derivatives and delivering compliance with OTC clearing regulations.

Xetra/FWB: Karlsberg Bond Subscription Ends Early

Date 10/09/2012

The subscription for the Karlsberg Brauerei GmbH (ISIN: DE000A1REWV2) – which is to be included in the Entry Standard – ended on its very first day. The subscription was originally supposed to run until 21 September. But the total volume of 30 million was already able to be placed on the market by late morning on the first day of subscription.

Platts Launches Full Suite Of Price References For Italy’s Power Sector - Includes Forward Curves Pricing For Baseload, Spark And Clean Spark Spreads

Date 10/09/2012

Platts, a leading global energy, petrochemicals and metals information provider, today announces the launch of 12 new price assessments aimed at bringing greater transparency to pricing in Italy’s electric power sector, where over-the-counter (OTC) electricity markets have become more liquid.

Successful Debut Of SGX OTC Iron Ore And FFA Options

Date 10/09/2012

Singapore Exchange (“SGX”) today successfully launched its new OTC Options suite for SGX Iron Ore and SGX Forward Freight Agreements (FFA).

Tibra Selects Redkite Surveillance To Support Regulatory Compliance - Redkite Financial Markets’s Compliance Monitoring Solution To Help Principal Trading Firm Meet ESMA Regulatory Compliance Guidelines

Date 10/09/2012

Redkite Financial Markets, a specialist provider of market surveillance systems, today announced that principal trading firm and options market maker, Tibra, has selected Redkite Surveillance to ensure compliance monitoring. The move comes in line with the ESMA guidelines on ‘systems and controls in an automated trading environment’ in respect of its European operations.

Letter To ST Forum - Singapore Market Offers Easy Diversification For Singapore Investors

Date 10/09/2012

We refer to The Sunday Times article, “Good time to invest abroad”, by Ms Melissa Tan, on 2 September 2012.

As Ms Tan notes, we are in the age of globalization and interconnected markets. Nowhere is this more apparent than in the wide-open nature of the Singapore economy and the resulting diversity found in its securities market.