News Centre

DGCX Enhances Trading Proposition By Extending Trading Hours - Exchange Will Open 30 Minutes Before Indian Exchange Traded Currency Derivatives Markets - DGCX Participants Will Have 30 Minutes Of Trading Time Overlap With The Asian Markets Before Indian Markets Open

Date 31/05/2012

The Dubai Gold and Commodities Exchange (DGCX) today announced an extension of its trading hours. From the 4th June, 2012, the Exchange will open from 07:00 (UAE time), 1 hour and 30 minutes earlier than its previous opening time. The extended trading time will provide DGCX participants with a 30 minute window before the exchange traded currency derivatives markets open in India.

New Chairman Of The Board And Board Member Appointed At Neonet - Peter Melbi Has Been Appointed New Chairman Of The Board And Stellan Abrahamsson New Board Member Of Neonet

Date 31/05/2012

Neonet, the independent execution services provider, today announced the appointment of Peter Melbi as new Chairman of the Board as well as the addition of Stellan Abrahamsson as a new Board member. Both will act as independent Board members.

Hong Kong's Securities And Futures Commission: Retail Investors Convicted Of Illegal Short Selling

Date 31/05/2012

The Eastern Magistrates Court today convicted three retail investors after they pleaded guilty to four counts of illegal short selling in the shares of Bao Yuan Holdings Limited (Bao Yuan). 

PMEX Holds Technical Training Workshops In Lahore And Islamabad

Date 31/05/2012

Pakistan Mercantile Exchange, in continuation of its educational drive, held a workshops in Lahore and Islamabad that concluded on 30th May 2012 for its Brokers and Investors. These workshops are part of a series of trainings that started earlier with special focus on educating investors who are interested in trading commodities as well as the brokers who assist people to trade on Pakistan Mercantile Exchange.

Shenzhen Stock Exchange: First Public Censure Issued To ChiNext-Listed Company

Date 31/05/2012

Shenzhen Stock Exchange has recently issued public censure for embezzlement to Shanxi Zhendong Pharmaceutical Co., Ltd. (hereinafter referred to as the “Zhengdong”) and Li Anping, the company’s board chairman and de facto controller. Zhendong became the first ChiNext-listed company to receive public censure.

Tokyo Grain Exchange: Maximum Rate For Additional Discharging Ports Charges

Date 31/05/2012

We refer to (2) (c) of 11. in Detailed Rules for Delivery of Raw Sugar and inform you that the maximum rate to be applied to delivery of Raw Sugar for the contract month of Sep 2012 is US$５.５４ per metric ton for each additional discharging port.

Stock Exchange Of Thailand Visits Clearing Site Of India’s MCX

Date 31/05/2012

Mr. Charamporn Jotikasthira (6^th left), President of The Stock Exchange of Thailand (SET), and SET’s executives were welcomed by Mr. Lamon Rutten (4^th left), Managing Director & CEO of Multi Commodity Exchange of India Ltd (MCX) in Mumbai, India, and Mr. Joseph Masey (5^th left), Managing Director & CEO of MCX Stock Exchange Ltd (MCX-SX), on the occasion of visiting MCX’s clearing site.

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

Date 30/05/2012

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

• The shares of CRH Medical Corporation (TSXVN:CRM) will be removed from the S&P/TSX Venture Composite Index after the close of Wednesday, May 30, 2012. The company will graduate to trade on TSX under the new ticker symbol "CRH".

Jon Rymer Named Interim Inspector General

Date 30/05/2012

The Securities and Exchange Commission today announced that Jon T. Rymer will serve as Interim Inspector General until the Commission hires a permanent Inspector General. Mr. Rymer, who currently serves as Inspector General of the Federal Deposit Insurance Corporation, will continue his duties at the FDIC’s Office of Inspector General after starting at the SEC on May 30.

SEC Charges Phoenix-Based Investment Adviser And Firm With Fraud

Date 30/05/2012

The Securities and Exchange Commission today charged a Phoenix-based investment adviser and his firm for recommending investments without telling clients about his personal stake and exploiting a client who was buying an ownership share in the firm.