News Centre

PanXchange Launches Industrial Hemp Pricing - Pricing Data Will Aid In Maturing The Market And Positioning Industrial Hemp As A Promising New Commodity

Date 24/01/2019

PanXchange, a Denver-based OTC physical commodity exchange and price reporting provider, today successfully launched its industrial hemp indices, becoming the first company to offer such pricing data to the market. PanXchange now delivers spot market pricing to its members, publishing on a monthly basis, and plans to launch trading capabilities in Q3 of this year.

Nigerian Stock Exchange Commemorates 2019 International Day Of Education

Date 24/01/2019

The Nigerian Stock Exchange (NSE), joined the rest of the world on Thursday, January 24, 2019, to commemorate the first-ever International Day of Education with a special excursion programme and a Closing Gong ceremony on the floor of the Exchange in Lagos. This is in line with the commitment of NSE to enhance cooperation in supporting efforts towards the realization of Sustainable Development Goals.

UK Financial Conduct Authority Publishes Consultation Paper : Optimising SMCR - Duff & Phelps Comment

Date 24/01/2019

Following the FCA consultation paper issued yesterday entitled “Optimising the Senior Managers & Certification Regime and feedback to DP16/4 – Overall responsibility and the legal function” Jane Stoakes, Director, Compliance & Regulatory Consulting at Duff & Phelps commented:

“We welcome these recent proposed updates and clarifications to the SM&CR rules. If the FCA wants companies to implement these practices properly, it’s imperative that companies have a clear understanding of what changes need to be made, and implement these well in advance of the cutoff date on 6th December. In response to the industry’s confusion in certain areas, the FCA’s proposals have provided further clarification on how the client dealing function should be applied, how staff who are responsible for systems and controls will be included in the Certification Regime and provided a solution to the legal function issue.”

Davos 2019: UK Chancellor’s Speech At The CBI’s British Business Leaders Lunch

Date 24/01/2019

Let me start by passing on the PM’s apologies – I know she wanted to be here to address you this afternoon, but events have dictated otherwise.

But I am delighted to be back here in Davos…

…and to have the opportunity to address you once again.

Professor Schwab first invited political leaders to what would become the World Economic Forum in January of 1974.

ECB Press Conference - 24 January 2019

Date 24/01/2019

Press conference following the meeting of the Governing Council of the European Central Bank on 24 January 2019 at its premises in Frankfurt am Main, Germany, starting at 14:30 CET:

European Central Bank: Monetary Policy Decisions

Date 24/01/2019

At today’s meeting the Governing Council of the European Central Bank (ECB) decided that the interest rate on the main refinancing operations and the interest rates on the marginal lending facility and the deposit facility will remain unchanged at 0.00%, 0.25% and -0.40% respectively. The Governing Council expects the key ECB interest rates to remain at their present levels at least through the summer of 2019, and in any case for as long as necessary to ensure the continued sustained convergence of inflation to levels that are below, but close to, 2% over the medium term.

SGX Reports 2Q FY2019 Net Profit Of S$97 Million

Date 24/01/2019

2Q FY2019 Financial Summary

• Revenue: S$224 million, up 9% from a year earlier
• Operating profit: S$114 million, up 10%
• Net profit: S$97 million, up 9%
• Earnings per share: 9.0 cents, up 9%
• Interim dividend per share: 7.5 cents, up by 2.5 cents

ICE Benchmark Administration Introduces The U.S. Dollar ICE Bank Yield Index For Review And Comment By Market Participants

Date 24/01/2019

Intercontinental Exchange, Inc. (NYSE:ICE), a leading operator of global exchanges and clearing houses and provider of data and listings services, today announced that ICE Benchmark Administration (“IBA”) has published a paper introducing the U.S. Dollar ICE Bank Yield Index for review and comment by market participants.

Tel Aviv Stock Exchange And The Israeli Association Of Publicly Traded Companies Open An Investor Relations Course For The First Time In Conjunction With The Israel Investor Relations Forum (IIRF)

Date 24/01/2019

The Tel-Aviv Stock Exchange (TASE) and the Israeli Association of Publicly Traded Companies are launching their first ever investor relations course in conjunction with the Israel Investor Relations Forum (IIRF). The course will be under the academic and professional supervision of Rami Rozen, VP Investor Relations at Orbotech, and a member of the IIRF.

Patrick Melia Joins R.J. O’Brien As Senior Vice President, Commodity Sales In New York - Brings 35 Years Of Experience To Growing Energy/Metals Clearing And Execution Business

Date 24/01/2019

Chicago-based R.J. O’Brien & Associates (RJO), the oldest and largest independent futures brokerage and clearing firm in the United States, today announced that Patrick J. Melia has just joined the firm as Senior Vice President, Commodity Sales, working out of the New York office.  Melia has more than 35 years of experience in energy exploration and in trading, brokering and marketing energy derivatives, including expertise in hedging and risk management strategies.