News Centre

Mirae Asset To Release Two Innovative Chinese Biotech And Cloud Computing ETFs

Date 25/07/2019

Solactive is pleased to announce the release of two thematic indices that capitalize on two significant megatrends that have the capacity to change not only consumer behavior, but also society as a whole. Both the Solactive China Cloud Computing Index and the Solactive China Biotech Index aim to track the individual performance of the twenty largest and most liquid Chinese companies operating in their corresponding sectors. Mirae Asset Global Investments, one of Asia’s major asset managers, licenses both indices for the issuance of two respective ETFs tailored to investors who want to benefit from the growing demand in Cloud Computing as well as the vast innovation in Life Science and Biotech.

New CCP12 Position Paper Highlights Best Practices Of Effective Third-Party Risk Management

Date 25/07/2019

Since the G20 mandate, the critically important role of central counterparties (CCPs) in the global financial marketplace has been subject to heightened focus. Like other parts of the financial system, CCPs enter into relationships with a wide range of domestic and foreign third-parties to outsource part or entire functions, interact directly with customers, address deficiencies in operations/compliance, leverage emerging technologies etc. In the interest of providing best in class services, CCP’s delivery model are moving increasingly from traditional in-house delivery methods to more complex supply chain models, requiring specialized skills and resources. This increases the need for better oversight of the third-parties utilized. CCP12 recognizes that if such third-parties do not have proper risk oversight and controls in place, a CCP, and the wider financial system, could be exposed to increased fiscal, operational, regulatory or reputational risks.

ASIC Sues ANZ For Misrepresentations And Unconscionable Conduct Over Account Fees

Date 25/07/2019

ASIC confirms that it has now commenced proceedings in the Federal Court against Australia and New Zealand Banking Group Limited (ANZ). In these proceedings, ASIC will allege ANZ was not entitled to charge certain periodic payment fees under the Bank’s contracts with its customers.

New Zealand Financial Markets Authority Confirms Date For Transitional Licensing Applications - New Online Tool To Help Advisers Explore Their Options

Date 25/07/2019

The Financial Markets Authority (FMA) today announced it will start accepting transitional licence applications from 4 November 2019.

NYSE Group Consolidated Short Interest Report

Date 24/07/2019

NYSE today reported short interest as of the close of business on the settlement date of July 15, 2019.

Nasdaq Announces Mid-Month Open Short Interest Positions In Nasdaq Stocks As Of Settlement Date July 15, 2019

Date 24/07/2019

At the end of the settlement date of July 15, 2019, short interest in 2,383 Nasdaq Global Market^SM securities totaled 8,167,652,545 shares compared with 8,104,486,017 shares in 2,380 Global Market issues reported for the prior settlement date of June 28, 2019. The mid-July short interest represents 4.37 compared with 4.35 days for the prior reporting period.

CFTC Swaps Report Update

Date 24/07/2019

CFTC's Weekly Swaps Report has been updated, and is now available.

Nasdaq Announces Quarterly Dividend Of $0.47 Per Share

Date 24/07/2019

The Board of Directors of Nasdaq, Inc. (Nasdaq: NDAQ) has declared a regular quarterly dividend of $0.47 per share on the company's outstanding common stock. The dividend is payable on September 27, 2019 to shareholders of record at the close of business on September 13, 2019. Future declarations of quarterly dividends and the establishment of future record and payment dates are subject to approval by the Board of Directors.

US Department Of Justice: Facebook Agrees To Pay $5 Billion And Implement Robust New Protections Of User Information In Settlement Of Data-Privacy Claims - Facebook Will Pay The Largest Civil Penalty In A Data-Privacy Case In United States History

Date 24/07/2019

The Department of Justice, together with the Federal Trade Commission (FTC), today announced a settlement that requires Facebook to implement a comprehensive, multi-faceted set of compliance measures designed to improve user privacy and provide additional protections for user information. The settlement also requires Facebook to pay an unprecedented $5 billion civil penalty — the most ever imposed in an FTC case and among the largest civil penalties ever obtained by the federal government.

Nasdaq Reports Second Quarter 2019 Results; Delivers Strong Growth In Revenues From Non-Trading Businesses(1)

Date 24/07/2019

• Second quarter 2019 net revenues2 were $623 million.  Revenues in the non-trading segments increased 10% versus the prior year period, primarily driven by organic growth.
• The GAAP operating margin was 41% in the second quarter of 2019 versus 44% in the prior year period, while the non-GAAP operating margin3 of 48% increased from 47% in the prior year period.
• Second quarter 2019 GAAP diluted earnings per share was $1.04 compared to $0.97 in the second quarter of 2018.  Second quarter non-GAAP diluted earnings per share totaled $1.22, an increase of 5% from the prior year period.
• During the second quarter of 2019, the company returned $50 million to shareholders through its share repurchase program and paid dividends on its common stock in the aggregate of $77 million. In the first six months of 2019, the company returned $200 million through share repurchases and dividends.
• The company also completed its multi-year de-leveraging initiative, and through a bond refinancing extended its debt maturities and lowered future interest expense.