FTSE Mondo Visione Exchanges Index:
News Centre
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Tokyo Stock Exchange Imposes Disciplinary Action On SMBC Nikko Securities Inc.
Date 07/08/2012
Tokyo Stock Exchange, Inc. (hereinafter, "TSE") has taken disciplinary action (imposition of a JPY 80 million fine) against SMBC Nikko Securities Inc. (hereinafter, the "Company") pursuant to the provisions of Rule 34, Paragraph 1, Item 8 of the Trading Participant Regulations.
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Gold And Rupee Futures Drive Fifth Successive Monthly Volumes Record For Dubai Gold And Commodities Exchange
Date 07/08/2012
- July volumes rise 211% to record 965,637 contracts in July, valued at $35.8 billion
- Currency futures grow 223%, to reach 897,918 contracts
- Gold futures increase 104% to total 55,320 contracts
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Tokyo Stock Exchange Monthly Short Selling Value
Date 07/08/2012
Click here to download Tokyo Stock Exchange's monthly short selling statistics.
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Shanghai Stock Exchange Sorts Out And Releases Regulatory Documents On Information Disclosure Of Listed Companies For Improving Openness And Transparency
Date 07/08/2012
On August 3, 2012, the Shanghai Stock Exchange (SSE) publishes the "Notice of Sorting Out and Releasing Regulatory Documents on Information Disclosure of Listed Companies" (the Notice for short) for the full implementation.
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Shanghai Stock Exchange: Notice Of Sorting Out And Releasing Regulatory Documents On Information Disclosure Of Listed Companies
Date 07/08/2012
In order to improve the openness and transparency of the regulation on information disclosure of listed companies, the Shanghai Stock Exchange (SSE) sorts out the regulatory documents on information disclosure of listed companies according to two categories of Business Rules for Regulation on Information Disclosure and Business Guides for Regulation on Information Disclosure. Besides, it formulates, amends or abolishes some normative documents in line with the practical demand. It hereby notifies relevant information and issues.
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Tokyo Stock Exchange Resumption Of Derivatives Trading
Date 07/08/2012
All derivatives contracts will resume trading in today's session as follows.
1. Issue: All derivatives contracts
2. Time of Starting Order Acceptance: 10:40 AM -
Tokyo Stock Exchange Temporary Halt Of Derivatives Trading
Date 07/08/2012
1. Issue: All derivatives contracts (excluding cash equity and ToSTNeT transactions)
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Standard Chartered PLC Strongly Rejects The Position And Portrayal Of Facts Made By The New York State Department Of Financial Services
Date 07/08/2012
Standard Chartered PLC (the "Group") refers to the order which it received today from one of its regulators, the New York State Department of Financial Services ("DFS") and which it placed on the RNS. The Group strongly rejects the position or the portrayal of facts as set out in the order issued by the DFS.
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New York State Department Of Financial Services: In the Matter Of Standard Chartered Bank, Order Pursuant To Banking Law § 39
Date 06/08/2012
Pursuant to the statutory powers vested in him by the People of the State of New York, Benjamin M. Lawsky, Superintendent of the New York State Department of Financial Services (the “Department” or “DFS”) caused an investigation to be made of Standard Chartered Bank (“SCB”), a wholly owned subsidiary of Standard Chartered plc (“SC”), for apparent grave violations of law and regulation. The Department‟s extensive investigation included the review of more than 30,000 pages of documents, including internal SCB e-mails that describe willful and egregious violations of law.
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Knight Capital Group Notice Regarding Capital Infusion Transaction And Reliance On Exemption To NYSE's Shareholder Approval Policy
Date 06/08/2012
Knight Capital Group, Inc. (NYSE Euronext: KCG) today announced that it has issued shares of convertible preferred stock convertible into approximately 267 million shares of common stock pursuant to a Securities Purchase Agreement entered into by Knight with several purchasers on August 6, 2012 in exchange for an aggregate of $400 million. This capital infusion was undertaken in response to the extraordinary trading loss experienced by Knight on August 1, 2012, which significantly depleted Knight's capital base and in turn precipitated a loss of customer and counterparty confidence and liquidity crisis that, if not immediately addressed, would have threatened Knight's ability to continue to operate. Today's capital infusion provides the liquidity and capital necessary to restore confidence to customers and the market and enables Knight to continue as an active participant in the capital markets. Because the shares issued represent, on an as-converted basis, approximately 73% of the outstanding common stock of Knight on a post-issuance basis, the issuance of convertible preferred stock would normally have required approval of Knight's stockholders according to the Shareholder Approval Policy of the New York Stock Exchange (the "Exchange"). However, the Audit Committee of the Board of Directors of Knight determined that the delay necessary in securing stockholder approval prior to the issuance of the preferred stock would seriously jeopardize the financial viability of Knight. Because of that determination, the Audit Committee expressly approved Knight's reliance on an exception provided in the Exchange's shareholder approval policy for such a situation and Knight's omission to seek the stockholder approval that would otherwise have been required under the Exchange's policy. In connection with Knight's request for the exceptional relief granted by the Exchange, Knight informed the Exchange regarding the circumstances that would have existed in the absence of a capital infusion transaction, including a liquidity situation in which it would not have been able to obtain necessary funds on an immediate basis because of the short cycle of Knight's funding sources and the risk that daily funding sources necessary for Knight's routine operations could cease to be available to Knight. The Exchange does not object to Knight's use of the exception and expects to approve Knight's listing application in relation to the proposed transaction on that basis.
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