News Centre

ICAP Completes PLUS Stock Exchange Plc Acquisition

Date 22/06/2012

ICAP confirms that all the conditions relating to its acquisition of PLUS Stock Exchange plc have been satisfied and that the transaction has now completed.

FIA Japan Conference To Be Held In Tokyo

Date 22/06/2012

Futures Industry Association Japan (FIA Japan) will hold the FIA Japan Conference at the Palace Hotel Tokyo on July 25-26, 2012. This major event, organized by FIA Japan, with the cooperation of FIA and FIA Asia, will focus on the vital developments currently taking place in the Japan financial markets.

NZX Update

Date 22/06/2012

NZX advises that the Country Court of Victoria has ruled that Australian entity RALEC be awarded AUD$34,761.71 (plus interest and costs), an amount claimed to have been incurred by RALEC shareholder Grant Thomas in the course of his six-month employment by NZX between November 2009 and April 2010.

Unsponsored Depositary Receipts Will Not Be Eligible For S&P/ASX Indices

Date 22/06/2012

S&P Indices (S&P) and the Australian Securities Exchange (ASX) today announced, following market consultation, Unsponsored Depositary Receipts (UDRs) will not immediately be made eligible for inclusion in the S&P/ASX index suite. 

Monetary Authority Of Singapore Response To "Singapore Accused Of 'Regulatory Arbitrage" - BT, 16 June 2012

Date 22/06/2012

Dear Editor,

The article, “Singapore accused of ‘regulatory arbitrage” (BT, 16 June 2012), is misleading.

MAS is committed to the G20 objective of strengthening the regulation of OTC derivatives. We intend to implement fully the global OTC derivatives reform agenda. The G20 has not recommended implementing a trading mandate. In fact, the G20 has stated that all standardised OTC derivatives should be traded on exchanges or electronic trading platforms, where appropriate. In line with this recommendation, MAS has requested views on the potential benefits and costs of implementing a trading mandate in our February consultation paper. 

Rating Action: Moody's Downgrades Firms With Global Capital Markets Operation

Date 21/06/2012

Moody's Investors Service today repositioned the ratings of 15 banks and securities firms with global capital markets operations. The long-term senior debt ratings of 4 of these firms were downgraded by 1 notch, the ratings of 10 firms were downgraded by 2 notches and 1 firm was downgraded by 3 notches. In addition, for four firms, the short-term ratings of their operating companies were downgraded to Prime-2. All four of those firms also now have holding company short-term ratings at Prime-2. The holding company short-term ratings of another two firms were downgraded to Prime-2 as well.

CBOE, C2, CFE, And CBSX Trading Schedule For Independence Day Holiday

Date 21/06/2012

CBOE Holdings, Inc. (NASDAQ: CBOE) today announced the trading schedule for Chicago Board Options Exchange (CBOE), C2 Options Exchange (C2), CBOE Futures Exchange (CFE) and CBOE Stock Exchange (CBSX) in observance of the Independence Day holiday.

Daju Gu Appointed President Of Razor Risk

Date 21/06/2012

TMX Group Inc.'s (TSX:X) technology business, TMX Technology Solutions, today announced the appointment of Daju Gu as President, Razor Risk. Mr. Gu will be responsible for the overall management of all Razor Risk's operations, as well as overseeing the organization's functional and technological roadmap.

Federal Court In Texas Orders Linda Harris, Chance Harris, CDH Forex Investments, LLC, And CDH Global Holdings, LLC, To Pay Over $5.4 Million In Restitution And A Monetary Sanction For Forex Fraud

Date 21/06/2012

The U.S. Commodity Futures Trading Commission (CFTC) today announced that it obtained a federal court order imposing more than $5.4 million in restitution and a civil monetary penalty on defendants Linda Harris, Chance Harris and their companies, CDH Forex Investments, LLC (CDH Forex) and CDH Global Holdings, LLC (CDH Global), all of Flower Mound, Texas, for fraud in connection with the operation of a commodity pool and managed accounts trading off-exchange foreign currency (forex) contracts.

NASDAQ Dubai Monthly Trading Report: May 2012

Date 21/06/2012

he value of equities traded on NASDAQ Dubai in May  2012 reached 38.3 million dollars.  This was an increase of 4% from 36.9 million dollars in April 2012 and a fall of 39% from 63.2 million dollars in May 2011.