News Centre

Nomura Hires Wendy Liu As Head Of China Equity Research

Date 17/05/2012

Nomura, the global investment bank, has hired Wendy Liu as Managing Director and Head of China Equity Research, based in Hong Kong. Wendy will be responsible for managing Nomura's China equity research product and writing its China strategy research, aligning and coordinating the firm's research views on the China market. She will jointly report to Stewart Callaghan, Head of Equity Research, Asia ex-Japan and Zhizhong Yang, Chairman and CEO, China Region.

HKFE Announces Revised Margins For CNOOC Futures

Date 17/05/2012

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 Monday, 21 May 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.

Quoted Companies Alliance Calls For Primary Equity Market Review Following Market Failure

Date 17/05/2012

The Quoted Companies Alliance, the independent membership organisation that champions the needs of small to mid-size quoted companies, has called on the Government to urgently review whether the UK’s primary equity markets are fit for purpose.

FlexTrade Connects To SIX Swiss Exchange

Date 17/05/2012

FlexTrade Systems, a global leader in broker-neutral, multi-asset execution and order management systems, today announced it has become an approved Independent Software Vendor (ISV) with SIX Swiss Exchange.

Shenzhen Stock Exchange And China Securities Regulation Commission Guangdong Branch Jointly Hold “Protection For Investors” Training And Interchange Activity

Date 17/05/2012

On May 15, the Shenzhen Stock Exchange jointly held a “members’ network ‘protection for investors’ training and interchange activity” with Guangdong Bureau of China Securities Regulation Commission in Guangzhou. The event was themed by “transparency, rationality, and appropriateness”. It aimed at propelling members to enhance the works on protection for investors, guiding investors to invest rationally, deepening the investor appropriateness management in the multi-layer capital market, and fostering healthy and rational investing culture in the capital market. Directors of over 500 members’ sales network in Guangdong area attended this training. Principals of SZSE and director of Guangdong Bureau of CSRC addressed the activity.

Inter–Dealer Broker ICAP Reported To Be In Talks To Buy Plus Markets Group

Date 17/05/2012

Inter–dealer broker ICAP is reported to be in talks to buy Plus Markets Group. Plus Markets Group is due to close after failing to find a buyer.

Swedish Financial Supervisory Authority - Finansinspektionen - Folksam LO Fond Receives A Remark And An Administrative Fine

Date 17/05/2012

Investment management company Folksam LO Fond AB has not dealt with the conflicts of interests in its business operations and has had inadequate internal governance and control. The company is therefore being issued a remark and must pay an administrative fine of SEK 6 million.

New Zealand's Financial Markets Authority: Unsolicited Offers - Guidance For Investors - What's In Your Mailbox?

Date 17/05/2012

If you receive an unexpected letter offering to buy your investments, there are certain checks you should make before accepting the offer.  The common traps are:

• offers to pay you much less than what your investment is worth; and

• offers where you will not be paid in full for a long period of time.

Shenzhen Stock Exchange Interprets ChiNext Delisting System And Holds A Training Course On Regulating Operations And Development

Date 17/05/2012

Along with the overall implementation of the ChiNext Delisting System, the “First Session Training Course on Regulating Operations and Development for Companies Listed on the ChiNext” was held by the Shenzhen Stock Exchange recently. Attendance included 130 chairmen of the board of directors and senior executives representing 77 ChiNext-listed companies from Guangdong, Hunan, Fujian, Jiangxi and Hainan.

Swedish Financial Supervisory Authority - Finansinspektionen - Revokes The Authorisation For Nordisk Kapitalförvaltning

Date 17/05/2012

Insurance broker Nordisk Kapitalförvaltning AB has had several material deficiencies in its business operations. Such deficiencies relate to the provision of investment advice and information to customers and that its brokers have not had sufficient knowledge and competence. Finansinspektionen has therefore decided to revoke the company’s authorisation.