News Centre

HM Treasury: Bank Fines To Be Used To Support Britain’s Armed Forces Community

Date 10/10/2012

The Government is changing the rules so that fines from banks and other financial services firms no longer go to the industry. It has recently announced that £35 million of fines imposed for attempted LIBOR manipulation and other unacceptable behaviour will be used to support Britain’s Armed Forces community.

NYSE MKT Issues Short Interest Report

Date 10/10/2012

NYSE MKT (formerly known as NYSE Amex) yesterday reported short interest as of the close of business on the settlement date of September 28, 2012.

Exegy And StreamBase Partner To Enable Cross-Asset Class Algorithmic Trading

Date 10/10/2012

Exegy and StreamBase today announce a partnership that allows firms to develop and deploy their algorithms in multiple asset classes at high speed. The technology partnership enables banks and hedge funds to manage the ever increasing amounts of equities, FX, futures, and options data needed for algorithmic trading strategies, back testing, pricing, and smart order routing, and to do so at competitive speeds.

TOM Trades One Millionth Option Contract

Date 10/10/2012

TOM MTF is proud to announce the one millionth option contract was traded on its platform.

Markit Integrates Dividend Content Into Securities Finance Services

Date 10/10/2012

Markit, a leading, global financial information services company, today announced that its dividend forecasting content is now available to clients using Markit Securities Finance products and services.

Press Conference By Ikko Nakatsuka, Japan's Minister For Financial Services

Date 10/10/2012

[Questions & Answers]

Q.

I have a question concerning an institutional framework. I understand that the Financial System Council is discussing the revision of a legal framework for failure resolution, and deliberation on specific measures will start now. What do you think are the key points of the revision at this time?

A.

The key points of the revision at this time? The discussion on the framework for resolving failures of financial institutions started in line with the various discussions conducted by the Financial Stability Board. We have experienced global financial turmoil on several occasions. In response, at the G-20 Summit in Cannes, which was held last November, an international agreement was reached on the new standards of the framework for failure resolution.

Securities Commission Malaysia: One Year Jail, RM1.2 Million Fine For Ex-Director For Giving False Statement

Date 10/10/2012

In a prosecution brought by the Securities Commission Malaysia, the Kuala Lumpur Sessions Court today sentenced a former director of LFE Corporation Berhad (LFE) to one year imprisonment and a total fine of RM1.2 million for knowingly permitting the furnishing of false statements by LFE to Bursa Malaysia Securities Berhad, in relation to LFE's unaudited financial results for all four quarters for its financial year ended 31 December 2007.

FSA Should Raise Important Matters At CEO And Not Compliance Officer Level, Says CISI Professional Interest Forum

Date 10/10/2012

The FSA needs to be raising important matters at CEO level rather than at Compliance Officer level, according to the CISI Compliance Professional Interest Forum.

FTSE ESG Group Releases Supply Chain Labour Report - Brand Value At Risk

Date 10/10/2012

FTSE Group’s Environmental, Social and Governance group (ESG) has released the results of its recent research into supply chain management risks and the efforts companies are making to minimise those risks.

Tokyo Commodity Exchange: Good Delivery Material Price Differential For October 2012 Rubber Contract

Date 10/10/2012

The price differential of the Good Delivery material for the October 2012 contract month in the Rubber market has be determined as follows,