News Centre

ASIC Consults Further On Key Market Structure Reforms

Date 28/06/2012

ASIC today published a consultation paper (Consultation Paper 179 Australian market structure: Draft market integrity rules and guidance (CP 179)), draft market integrity rules and guidance on market structure reforms. This marks the next stage of an ongoing consultation process with industry on these reforms. ASIC announced its approach to the rules and guidance in April, and has today published the proposed rules and guidance for consultation, consistent with that approach.

Hong Kong's Securities And Futures Commission: Retail Investor Convicted Of Illegal Short Selling

Date 28/06/2012

The Eastern Magistrates Court today convicted Mr Allan Tsang Kwok Leung after he pleaded guilty to one count of illegal short selling in the shares of Bao Yuan Holdings Limited (Bao Yuan).

Shanghai Stock Exchange Market Value 100 Index To Be Launched

Date 28/06/2012

To further enhance the SSE index family as well as to provide new analysis tool and underlying instrument for investors, Shanghai Stock Exchange and China Securities Index Co., Ltd announced that the SSE Market Value 100 Index would be launched on July 20, 2012.

SGX Forum Reply To Straits Times On SGX Listing Rules Aim To Protect Investors

Date 28/06/2012

We refer to the Straits Times letter, “Why SGX should review its rules”, by Mr Mak Yuen Teen, on 26 June 2012.

As a market operator, SGX sets high admission standards and listing requirements. As with all other international exchanges, SGX has the right to delist companies that are unable or unwilling to meet these requirements. This is necessary to maintain the quality and standards of listed companies in the market. In administering these rules, SGX aims to protect shareholders’ interests by according these companies a reasonable period of time to be in compliance with listing standards. For example, watch list companies have 2 years to exit the watch list and are required to regularly keep investors updated and informed during this period.

Shanghai Stock Exchange Dividend Series Indices To Be Launched

Date 28/06/2012

To further enhance the SSE index family as well as to provide new analysis tools and underlying instruments for investors, SSE and CSI together announced that 5 dividend indices to be launched on July 20, 2012, including the SSE180 dividend index, SSE380 dividend index, SSE State-owned Enterprises Dividend Index, SSE Central State-owned Enterprises Dividend Index and SSE Private-owned Enterprises Dividend Index. Regarding the methodology and more details of the above indices, please refer to the official website of SSE ( www.sse.com.cn ) and the official website of CSI (www.csindex.com.cn) respectively.

NZX Gears Up For Markets Growth

Date 27/06/2012

A new phase for New Zealand markets calls for investment in customer focus, operational excellence and broadening of the skill base at NZX.

Remarks By FINRA Executive Vice President Thomas M. Selman At The IRI Government, Legal And Regulatory Conference

Date 27/06/2012

Thank you, Pat [Kelly, Vice President and Chief Compliance Officer, Prudential Annuities] for that introduction, and thanks also to IRI for the invitation to speak here today.

One hundred years ago, the "Titanic" struck an iceberg and sank on her maiden voyage. During the night of April 15, 1912, more than fifteen hundred men, women and children perished in the lethally cold waters of the North Atlantic. Much has been written about the causes of this tragedy. The rivets installed in the shipyard were defective. The captain was reckless. The White Star Line—owner of the Titanic—was overconfident of the ship's sea-worthiness.

S&P Indices Announces Changes In The S&P/TSX Canadian Indices - A Deletion From The S&P/TSX Venture Composite And Venture Select Indices

Date 27/06/2012

S&P Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:

The shareholders of Lithium One Inc. (TSXVN:LI) have approved the Plan of Arrangement whereby the company will be acquired by Galaxy Resources Limited (ASX:GXY) in a share exchange. Lithium One will be removed from the S&P/TSX Venture Composite and Venture Select Indices after the close of trading on Friday, June 29, 2012. 

SIFMA Market Close Recommendations For The US Independence Day Holiday In The US, The UK And Japan

Date 27/06/2012

In observance of the US Independence Day holiday, SIFMA made holiday recommendations in the U.S., the U.K., and Japan.

SIFMA Market Close Recommendations For The US Independence Day Holiday In The US, The UK And Japan

Date 27/06/2012

In observance of the US Independence Day holiday, SIFMA made holiday recommendations in the U.S., the U.K., and Japan.