News Centre

BME Posts €35.5 Million Net Profit To March

Date 26/04/2012

HKFE Announces Revised Margins For Futures Contracts

Date 26/04/2012

Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Wednesday, 2 May 2012, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contracts will be as outlined in the table below.  The adjustments are based on the clearing company’s normal procedures and standard margining methodology.

European Central Bank: Setback For Financial Integration In 2011

Date 26/04/2012

During 2011, the intensification of the sovereign bond crisis strongly affected the euro area financial system. As a result, the integration of markets has deteriorated further. To preserve the sizeable benefits for the European citizen that have been made in the past 25 years, the enhancements of the Single Market Programme and the strengthening of the euro area policy frameworks should be brought forward.

SGX Welcomes Global Premium Hotels To Mainboard

Date 26/04/2012

Singapore Exchange (SGX) today announced the listing of Global Premium Hotels on Mainboard under the stock code “P9J”.

ESMA Identifies Divergence In Member States’ Use Of Sanctions Under The Market Abuse Directive

Date 26/04/2012

The European Securities and Markets Authority (ESMA) has published today a report on the use of administrative and criminal sanctions by European Union (EU) national regulators under the Market Abuse Directive (MAD).  The report provides a comparison of the use of administrative sanctioning powers across 29 EEA Member States for 2008-2010.  The results of the report will provide input to the legislative process on the new market abuse regime.

“Outlook And Way Forward For Malaysian Sukuk Market” - Keynote Address By Y Bhg Dato’ Dr Nik Ramlah Mahmood,Deputy Chief Executive, Securities Commission Malaysia, At Islamic Bonds (Sukuk) Outlook Conference, Thursday 26 April 2012, The Prince Hotel And Residence, Kuala Lumpur

Date 26/04/2012

The purists in the audience will not allow me to use the terms Islamic bonds and sukuk interchangeably. Some may even say that it is because there is little that is Islamic about bonds that we have seen the birth and phenomenal growth of sukuk!  Others would argue equating the two has stifled innovation and prevented the wider use of indigenous participatory Shariah principles and concepts. It is not my intention to expand on that debate but I will be using the term sukuk.

ESMA Begins AIFMD Co-Operation Discussions With Non-EU Supervisors

Date 26/04/2012

ESMA announces today that it will begin discussions with non-EU supervisors of entities subject to the requirements of the Alternative Investment Fund Managers Directive (AIFMD) about supervisory co-operation issues.  This follows agreement by ESMA’s Board of Supervisors to follow a common policy in relation to the co-operation arrangements under AIFMD, which should be in place between EU and non-EU securities supervisors by July 2013.

Deutsche Börse Introduces DAX Ex Financials Index

Date 26/04/2012

Deutsche Börse has launched the DAX ex Financials Index, which measures all stocks in the German blue-chip DAX index except for banks and financial services companies.

Marex Spectron: Cleared Clean Spark Spread Contract Launched

Date 26/04/2012

Marex Spectron Group (“Marex Spectron”), the global commodities and financial markets brokerage, is pleased to announce it has launched a cleared clean UK spark spread service.

Hong Kong's Securities And Futures Commission Secures Short Selling Convictions

Date 26/04/2012

The Eastern Magistrates Court today fined seven investors a total of $71,000, ranging from $2,000 to $30,000 each, after they had pleaded guilty to 11 charges of illegal short selling shares of Imagi International Holdings Limited (Imagi) in May 2010.