News Centre

OCC Approves Member And Public Directors At 2017 Shareholders Meeting

Date 28/04/2017

OCC, the world’s largest equity derivatives clearing organization, today announced the election of three Class I Member Directors and one Class II Public Director to its Board of Directors. The vote took place at OCC’s annual shareholder meeting on April 26

Where Do Banks Fit In The Fintech Stack? Federal Reserve Governor Lael Brainard - At The Northwestern Kellogg Public-Private Interface Conference On "New Developments In Consumer Finance: Research & Practice"

Date 28/04/2017

April Chicago Business Barometer At 58.3 Vs 57.7 In March - New Orders Close To Three-Year High

Date 28/04/2017

The MNI Chicago Business Barometer increased to 58.3 in April from 57.7 in March, the highest level since January 2015.

SEC Charges EB-5 Operator With Securities Fraud

Date 28/04/2017

The Securities and Exchange Commission today announced that an Idaho man has agreed to pay back several million dollars he siphoned away for personal use rather than investing it as promised to create U.S. jobs through the EB-5 Immigrant Investor Program.

TOM MTF Weekly Statistics Week 17, 2017

Date 28/04/2017

Click here to download the weekly statistics update of TOM MTF for week 17, 2017.

Public Hearing On AAOIFI’s “Central Shari’ah Boards” Standard - AAOIFI Conducts A Public Hearing For Its Proposed Standard On “Central Shari’ah Boards” Hosted By Borsa İstanbul

Date 28/04/2017

The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) held a Public Hearing of its proposed governance standard on “Central Shari’ah Boards” (GSIFI No. 8) on the 27th of April 2017 at Borsa İstanbul Headquarters in İstanbul, Turkey—organized by the Training Department.

Moscow Exchange Will Change The Tick Size On The Stock Market From May 2, 2017

Date 28/04/2017

Moscow Stock Exchange will change the tick size on the stock market since May 2, 2017 for the following shares:

Office Of The Comptroller Of The Currency Comptroller Discusses The Future Of Finance And Responsible Innovation

Date 28/04/2017

Comptroller of the Currency Thomas J. Curry today discussed the state of financial innovation and its potential to improve the lives of ordinary Americans and the bottom lines of businesses. During the remarks at an event sponsored by Northwestern University’s Kellogg School of Management, the Comptroller also highlighted what the Office of the Comptroller of the Currency is doing to encourage responsible innovation within the federal banking system.

SEC: Executives Charged In Connection With Accounting Failures At Government Contractor

Date 28/04/2017

The Securities and Exchange Commission today announced charges against two former executives at a government contractor that was the subject of an SEC enforcement action earlier this year and paid a $1.6 million penalty for accounting failures.

India Index Services & Products Ltd. (IISL) Index Dashboard For The Month Ended April 2017

Date 28/04/2017

Summary:

• NIFTY 50 closed at 9,304.05 as on April 28, 2017, an increase of 130.30 points (1.42%) as against 9,173.75 as on March 31, 2017.
• The free float market capitalization of NIFTY 50 index was USD 542.30 Bn. as on April 28, 2017 as against USD 528.22 Bn. as on March 31,2017. The free float market capitalization of NIFTY Next 50 index was USD 105.92 Bn. as on April 28, 2017 as against USD 100.18 Bn. as on March 31, 2017.
• Most indices across all categories gained during the one month period ending April 28, 2017. NIFTY Realty Index gained the most (16.79%) amongst all the indices during the month whereas the NIFTY IT index (-7.10%) was the biggest loser during the month.
• During the 3 month period ending April 28, 2017, the biggest gainer overall was NIFTY Realty Index (39.82%) and biggest gainers in various categories are NIFTY Smallcap 50 (24.86%) in broad market index category, NIFTY Midcap Liquid 15 (23.68%) in thematic index category, NIFTY High Beta 50 (22.32%) in strategy index category and NIFTY Realty (39.82%) in sectoral index category.
• The biggest overall gainer during the 1 year period ending April 28, 2017 is NIFTY PSU Bank (49.72%) and biggest gainers in their respective index categories are NIFTY Smallcap 50 (47.04%) in broad market index category, NIFTY Midcap Liquid 15 (47.32%) in thematic index category, NIFTY High Beta 50 (42.80%) in strategy index category and NIFTY PSU Bank (49.72%) in sectoral index category. NIFTY IT index(-11.19%) is the biggest loser during the 1 year period.
• IISL on April 18, 2017 launched a NIFTY50 Equal Weight Index. The index represents an alternative weighting strategy to its market capitalization based parent index, the NIFTY 50 Index. The index includes the same companies as its parent index, however, weighted equally.For more details refer the press release at https://www.nseindia.com/content/indices/ind_prs18042017.pdf.
• On account of a scheme of arrangement, IISL on April 27, 2017 announced replacements in various indices including NIFTY 50 index. Effective May 26, 2017, Vedanta Limited will be included in NIFTY 50 index replacing Grasim Industries Limited. For more details refer the press release at https://www.nseindia.com/content/indices/ind_prs27042017.pdf