News Centre

One Company To Be Excluded From FTSE IDFC India Infrastructure 30 Index – Following 2012 Semi-Annual Review

Date 17/09/2012

FTSE Group (“FTSE”), the award-winning global index provider, and IDFC today announced that GVK Power & Infrastructure Ltd will be excluded from the FTSE IDFC India Infrastructure 30 Index, following the semi-annual review of the FTSE IDFC India Infrastructure Index Series.

HKEx Announces Temporary Holiday Risk Management Arrangements

Date 17/09/2012

Hong Kong Exchanges and Clearing Limited (HKEx) has announced the following holiday risk management arrangements.

FTSE4Good Extends Supply Chain Labour Criteria And Completes September Semi-Annual Review - Index Review Sees 21 New Additions While 7 Companies Exit The Index

Date 17/09/2012

FTSE Group (“FTSE”), the leading global index provider and pioneer in responsible investment, has completed the semi-annual review of its flagship FTSE4Good index and ESG ratings.  At the same time it is more than doubling the number of companies globally for which supply chain labour standards criteria apply from 164 to almost 400.  It is rolling out the criteria to several new industrial sectors and those companies who are not meeting these criteria will need to do so in order to maintain their inclusion in the FTSE4Good indices.

HKFE Announces Revised Margins For HKEx Futures

Date 17/09/2012

 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, 19 September 2012, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contract will be as outlined in the table below.  The adjustments are based on the clearing company’s normal procedures and standard margining methodology.

BofA Merrill Lynch Implements FTEN's RiskXposure To Enhance Its European Cash Equities Clearing Business

Date 17/09/2012

FTEN, Inc., a NASDAQ OMX company, today announced that BofA Merrill Lynch has chosen FTEN's RiskXposure (RX) platform to enhance its European Cash Equities clearing business.

ESMA Consults On Market Maker And Primary Dealer Exemption For Short Selling

Date 17/09/2012

The European Securities and Markets Authority (ESMA) has published a Consultation Paper on Exemption for market making activities and primary market operations under the Short Selling Regulation, which contains draft Guidelines on market making and the application of exemptions for market making activities and primary market operations under the Regulation.

Monte Titoli Launches 'X-COM', New Service For Tri-Party Collateral Management - Responds To Customer Need For Diversification Of Financing Tools - Monte Titoli To Act As Neutral Third-Party Agent - Fully Customisable Process, Leaving Users In Full Control Of Risk-Profile

Date 17/09/2012

London Stock Exchange Group today announces that Monte Titoli has launched ‘X-COM', its tri-party collateral management service*. The new service will allow banks' treasury departments and operations departments to manage their investment strategies and financing more efficiently.

There Are At Least 165 Australian Hedge & Boutique Funds That Control 17% Of Entire Domestic Investment Industry - Study

Date 17/09/2012

The inaugural Triple A Partners/ Basis Point Consulting Australian Hedge and Boutique Fund Directory launched today (17 September) has found:

• 165 hedge and boutique investment management firms control US$218.8 (A$208.4) billion, equivalent to 17% of the US$1.25 trillion (A$1.19 trillion) managed by all investment managers in Australia.
• The industry eclipses Hong Kong’s US$38.8 billion in hedge fund & long-only absolute return assets, and Singapore’s US$21.1 billion sector.
• For the first time in Australia, the directory identifies and profiles 102 independently-owned boutiques (predominantly long-only, benchmark-unaware strategies) with US$173.9 billion in assets under management (AUM), and 63 hedge fund firms with US$44.9 billion in AUM.
• The top 10 Australian CTAs/global macro/FX and risk overlay firms control US$22.8 billion.
• More than US$63 billion (roughly 30% of sector AUM) is deployed by Australian managers into global markets such as global and Asian equities, global fixed income and global macro. This US$63b figure is larger than Hong Kong and Singapore combined in non-Australian (ie global) investment strategies.

ESMA Proposes Remuneration Guidelines For Firms Providing Investment Services

Date 17/09/2012

The European Securities and Markets Authority (ESMA) has published today a consultation paper on proposed Guidelines on remuneration policies and practices under the Markets in Financial Instruments Directive (MiFID). 

BNP Paribas Joins The Vienna Stock Exchange As New Trading Member

Date 17/09/2012

As of today, BNP Paribas Arbitrage S.N.C, headquartered in Paris, and BNP Paribas Arbitrage S.N.C. in London joined the Vienna Stock Exchange as new trading members.  BNP Paribas Arbitrage S.N.C. will take part in trading on the cash market of the Vienna Stock Exchange from its head office in Paris and subsidiary in London.