News Centre

ADX Visits AUS

Date 20/11/2012

Recognizing the importance of the social interaction between government entities and academic institutions, Mr. Rashed Al Baloushi, CEO of Abu Dhabi Securities Exchange (ADX), visited the American University of Sharjah (AUS).  Mr. Al Baloushi was met by officials from the School of Business and Management in the university.  Mr. Al Baloushi delivered a presentation for students of the Finance department on The Structure of Abu Dhabi Securities Exchange.  

Hong Kong's Securities And Futures Commission Bans Wong Tang Chung For Three Years

Date 20/11/2012

The Securities and Futures Commission (SFC) has banned Mr Wong Tang Chung, a former executive director of Mega Capital (Asia) Company Limited (Mega Capital), from re-entering the industry for three years from 19 November 2012 to 18 November 2015 .

Tehran Stock Exchange Signs MoU With Karachi Stock Exchange

Date 20/11/2012

A Memorandum of Understanding (MoU) was signed between Tehran Stock Exchange (TSE) and Karachi Stock Exchange (KSE). The document was signed by Dr. Hassan Ghalibaf Asl, CEO of TSE, and Mr. Nadeem Naqvi, Managing Director of KSE.

The MoU is intended to facilitate the development of channels of communication between the parties, explore business opportunities for market participants of both Exchanges, facilitate knowledge and expertise sharing regarding the products of the Exchanges’ securities markets, and to foster a continuing relationship between the parties for the respective benefit of the financial services industry in Iran and Pakistan.

Hong Kong's Securities And Futures Commission: Investor Education Centre Launched

Date 20/11/2012

The Securities and Futures Commission (SFC) announced today the launch of the Investor Education Centre (IEC) and appointment of the IEC’s Chairman and its Executive Committee members.

SEC Halts Prime Bank Scheme In Georgia

Date 19/11/2012

The Securities and Exchange Commission today charged the operators of a long-running prime bank scheme with defrauding investors who were promised sky-high returns on loans to a secret European trust. It also is seeking an emergency court order to freeze the operators’ assets for the benefit of investors.

DTCC Opens New CICI Operations Facility - Member Of European Parliament, Dr. Kay Swinburne, Unveils Commemorative Plaque

Date 19/11/2012

The Depository Trust & Clearing Corporation (DTCC) on Friday 16 November marked the opening of a new operations facility adjacent to the facility of its wholly-owned subsidiary, Avox Limited, with a ceremony led by Member of the European Parliament (MEP), Dr. Kay Swinburne.

Activ Appoints Will Kennedy Executive Vice President, Global Strategy And Business Development - Kennedy Brings 20 Years Of Market Data And Financial Services Technology Experience To Support Activ’s Expansion Into The Enterprise Market

Date 19/11/2012

Activ, a global provider of real-time, multi-asset financial market data and solutions, today announced that Will Kennedy has been appointed executive vice president, global strategy and business development. Kennedy will join Activ’s senior management team to oversee corporate strategy, business development, strategic alliances, key global account initiatives, and sales and marketing for the Americas. He brings over 20 years of experience working with major enterprises supporting their market data, analytics and execution needs.

SEC Charges New York-Based Fraudster Who Spent Investor Funds On Drugs And Gambling

Date 19/11/2012

The Securities and Exchange Commission today charged a purported investment adviser in New York with defrauding investors who he convinced to invest in his start-up businesses while in reality he was spending their money on illegal drugs and gambling.

Thomson Reuters Launches Interactive Map On Eikon To Track Impact Of Storms, Natural Disasters And Political Events On Global Commodities Supply Chain - Innovative Real-Time Visual Tools In Eikon Show Commodity Supply Chain In Action, Enabling Financial Professionals To Monitor Key Impact Factors, Such As The Recent Hurricane Sandy, As They Happen And Predict Effects On Market Prices

Date 19/11/2012

Thomson Reuters today announced that it has added an interactive map for monitoring the impact of weather, natural disasters and political events on commodity production and freight to its flagship desktop, Thomson Reuters Eikon. Interactive Map allows commodity markets professionals to use innovative visualization tools to track the global movement and production of key commodities in real-time and forecast the influence of important impact factors upon supply and demand and, ultimately, market prices.

SEC Charges Ring Of High School Buddies With Insider Trading In Health Care Stocks

Date 19/11/2012

The Securities and Exchange Commission today charged three health care company employees and four others in a New Jersey-based insider trading ring of various high school friends generating $1.7 million in illegal profits and kickbacks by trading in advance of 11 public announcements involving mergers, a drug approval application, and quarterly earnings of pharmaceutical companies and medical technology firms.