News Centre

KDPW_CCP Made Available For Testing The KDPW_OTC System

Date 20/11/2012

On 19 November 2012, as previously announced, the clearing house KDPW_CCP made available for testing the kdpw_otc system which supports the clearing of OTC trades. The production roll-out of the service will take place following the publication and entry into force of the Transaction Clearing Rules for non-organised trading drafted by KDPW_CCP.

CIMB Leverages Fidessa For Expansion Across Asia - Uses Fidessa Trading Platform For New Markets Including Indonesia, Thailand, Taiwan, Korea And India

Date 20/11/2012

Fidessa group plc (LSE: FDSA), provider of high-performance trading, investment management and information solutions for the world’s financial community, today announced that it is deepening its business ties with CIMB Securities (CIMB) to enable their regional growth plans. The deal will see Fidessa’s software as a service (SaaS) trading platform, already widely used by CIMB, be extended to cover Thailand, Indonesia, Taiwan, Korea and India to deliver a consolidated pan-Asia sell-side trading solution. Under this closer collaboration Fidessa is rolling out its platform to support member trading across these new markets in coming months.

Dion Achieves Omgeo Accreditation - Leading Middle & Back Office Solution, NOVA, Provides Seamless Access To Central Matching Capabilities Of Omgeo CTM

Date 20/11/2012

Dion Global Solutions (Dion), technology partner to the financial services industry, announced today that its middle and back office solution, NOVA, has been successfully validated with Omgeo Central Trade Manager^SM (Omgeo CTM) and certified by Omgeo.

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.