News Centre

SWIFT Names Finalists For The 2016 SWIFT Institute Challenge - Seven UK-Based University Student Teams Have Been Selected To Compete For A 15k GBP Prize At SWIFT’s Business Forum London Event

Date 06/04/2016

SWIFT Institute announces today that it has selected seven university student teams to compete in the inaugural SWIFT Institute Challenge at the SWIFT Business Forum London on 20 April at Tobacco Docks.

SGX Reports Market Statistics For March 2016

Date 06/04/2016

Securities

• Total Securities market turnover value rose 13% month on month and rose 9% year on year to S$27.3 billion, during 22 trading days compared to 19 in February 2016 and 22 in March 2015.
• Securities daily average value (SDAV) fell 2% month on month and rose 9% year on year to S$1.2 billion.  
• Market turnover value of Exchange Traded Funds (ETFs) was S$314 million, up 51% month on month and down 13% year on year.
• There was 1 new Catalist listing, raising S$7.2 million.
• There were 36 new bond listings, raising S$21.3 billion.
• Total market capitalisation value of 770 listed companies stood at S$894.3.billion as at end March 2016.

ASIC Commences Civil Penalty Proceedings Against Westpac For BBSW Conduct

Date 06/04/2016

ASIC has commenced legal proceedings in the Federal Court in Melbourne against Westpac Banking Corporation (Westpac) for unconscionable conduct and market manipulation in relation to Westpac's involvement in setting the bank bill swap reference rate (BBSW) in the period 6 April 2010 and 6 June 2012.

Dubai Strengthens Position As Global Leader For Sukuk Listings At USD 42.31 Billion - Nasdaq Dubai Welcomes Listing Of Two Sukuk From The Government Of Indonesia Valued At USD 2.5 Billion

Date 06/04/2016

• Total Sukuk listings on the exchange by Indonesian government reach USD 8.5 billion
• Market’s expansion supports Dubai’s growth as global capital of Islamic Economy

MNI China Auto Purchase Sentiment: Chinese Car Buying Environment Improves - Smaller Cars Gain Favour As SUV Popularity Slips

Date 06/04/2016

Consumers were more enthusiastic about the car purchasing environment in March as expected fuel costs fell and the perception of the current timing for buying a car turned more favourable.

Women In ETFs To Hold Their First Event In Dublin On April 6th

Date 05/04/2016

Women in ETFs (WE) is holding its first event in Dublin at 5pm on Wednesday April 6thhosted by PwC at their office in Dublin.   Women in ETFs is the first women’s group for the ETF industry. Founded in January 2014, this non-profit organisation bringstogether women and men in the ETF industry with amission to further the careers of women by leveraging our collective skill and ambition.

NZX To Launch NZ Milk Price Futures And Options Contracts

Date 05/04/2016

NZX has received formal approval from the Financial Markets Authority and the Reserve Bank of New Zealand for its proposed milk price futures and options contracts, expected to launch in May 2016.

Office Of The Comptroller Of The Currency Recognizes National Financial Capability Month At Capitol Hill Event

Date 05/04/2016

The Office of the Comptroller of the Currency (OCC) recognized National Financial Capability Month by participating in the annual Financial Literacy Day on Capitol Hill event today.

OCC Appoints Two New Members To Board Of Directors - Three Current Directors Re-elected

Date 05/04/2016

In its role as the foundation for secure markets, OCC, the world’s largest equity derivatives clearing organization, today announced that Susan E. Lester, a long-time banking executive, has joined the board of directors as a Public Director, replacing Matthew B. Gelber of Bitterroot Asset Management, LLC, and William T. Yates of TD Ameritrade has joined the board as a Member Director, replacing Judith M. Kula of Wolverine Execution Services, LLC. Lester and Yates were elected to three-year terms.

U.S. Department of Justice: Two Former Senior Executives Of Global Financial Services Company Charged In Scheme To Defraud Clients Through Secret Trading Commissions On Billions Of Dollars In Securities Trades

Date 05/04/2016

Two former high-ranking executives of a Boston-based financial services company that is one of the world’s largest asset managers and custody banks were charged in an indictment that was unsealed today with a scheme to defraud at least six of the bank’s clients through secret commissions applied to billions of dollars of securities trades.