News Centre

UK's Financial Services Authority: WorldSpreads Limited Enters Special Administration Regime

Date 18/03/2012

The Financial Services Authority (FSA) confirms that WorldSpreads Limited (WorldSpreads), a spreadbetting company, has entered the Special Administration Regime (SAR) on 18 March 2012. Upon the application of the directors of WorldSpreads, the High Court has appointed Jane Moriarty and Samantha Bewick of KPMG LLP as joint special administrators.

IMF Managing Director Meets Senior Chinese Officials And Participates In China Development Forum

Date 18/03/2012

Ms. Christine Lagarde, Managing Director of the International Monetary Fund (IMF), today concluded a two-day visit to China, where she made the following statement in Beijing:

“It has been a great pleasure to be back in China. I had the privilege of meeting with the Executive Vice Premier Li Keqiang and Vice Premier Wang Qishan. I also had productive discussions with People’s Bank of China Governor Zhou Xiaochuan and other senior officials."

Dubai Gold & Commodities Exchange Weekly Market Commentary - March 18, 2012

Date 18/03/2012

Welcome to the Weekly Market Commentary from DGCX, providing you with a snapshot of what's happening in the energy, precious metal and currency futures markets. 

Tehran Stock Exchange Market Holiday - Iranian New Year

Date 17/03/2012

Tehran Stock Exchange will be closed on the occasion of the Iranian New Year (Nowruz) Holidays from 19 March to 24 March 2012.

FTSE NASDAQ Dubai UAE 20 Index Rises 23% On Higher Share Prices

Date 17/03/2012

The FTSE NASDAQ Dubai UAE 20 share index extended its run of recent gains last week to close 23.3% higher than at the end of 2011.

CFTC Releases Staff Analysis Of Market Data Related To Single-Name And Index Credit Default Swaps

Date 16/03/2012

The staffs of the Commodity Futures Trading Commission (CFTC) and Securities and Exchange Commission (SEC) have released analyses of market data related to single-name and index credit default swap (CDS) transactions.

Investor Protection Is Needed For True Capital Formation By SEC Commissioner Luis A. Aguilar

Date 16/03/2012

Last week, the House of Representatives passed H.R. 3606, the “Jumpstart Our Business Startups Act.” It is clear to me that H.R. 3606 in its current form weakens or eliminates many regulations designed to safeguard investors. I must voice my concerns because as an SEC Commissioner, I cannot sit idly by when I see potential legislation that could harm investors. This bill seems to impose tremendous costs and potential harm on investors with little to nocorresponding benefit.

Standard & Poor's Announces Changes In The S&P/TSX Canadian Indices

Date 16/03/2012

Standard & Poor's will make the following changes in the S&P/TSX Canadian Indices:

The shareholders of RuggedCom Inc. (TSX:RCM) have accepted the $CDN33.00 cash per share offer from Siemens Canada Limited. RuggedCom will be removed from the S&P/TSX SmallCap, Equity SmallCap and Clean Technology Indices effective after the close of Wednesday, March 21, 2012.

Thomson Reuters Named One Of Ethisphere’s 2012 “World's Most Ethical Companies” For Fourth Successive Year - Award Recognises Exceptional Ethical Leadership Across Continents And Industries

Date 16/03/2012

Thomson Reuters, the world’s leading provider of intelligent information for businesses and professionals, announced today that it has been recognised by the Ethisphere Institute, the leading business ethics think-tank, as one of the 2012 World’s Most Ethical Companies (WME).

CalPERS Responds To National Study On The Economic Benefits Of Pensions

Date 16/03/2012

The California Public Employees’ Retirement System (CalPERS) today issued the following response to the National Institute on Retirement Security (NIRS) report on the economic benefits of defined benefit pension plans:

“The NIRS report, Pensionomics 2012, reaffirmed that defined benefit plans give America’s local, state and national economies a huge boost,” said Anne Stausboll, CalPERS Chief Executive Officer. “According to the report, the positive impacts are ‘quantifiable’ not only in real dollar purchases and jobs that benefit the service, retail and health industries, but they also benefit the quality of life our seniors experience after retirement.”