News Centre

IISL Index Dashboard For The Month Ended March 2016

Date 01/04/2016

Summary:

• Nifty 50 closed at 7738.40 as on March 31, 2016, an increase of 751.35 points (10.75%) as against 6987.05 as on February 29,2016.
• The free float market capitalization of Nifty 50 index was USD 417.85 Bn. as on March 31, 2016 as against USD 364.02 Bn. as on February 29, 2016. The free float market capitalization of Nifty Next 50 index was USD 80.26 Bn. as on March 31, 2016 as against USD 70.66 Bn. as on February 29, 2016.
• Most equity indices across categories gained during the one month period ending March 31, 2016. Nifty PSU Bank index gainedthe most (20.22 %) amongst all the indices during the month whereas the Nifty Pharma index (-1.60) was the biggest loser during the month.
• During the financial year ending on March 31, 2016, most of the equity indices closed in negative territory. The Nifty 50 index declined by 8.86% during the financial year. The biggest gainers are Nifty Media (6.03%) & Nifty Energy (1.94%) and biggest loser across all index category during the period was Nifty PSU Bank (-28.19%) index.
• On March 29, 2016, Singapore Exchange (SGX) launched the first offshore Indian sector futures linked to Nifty IT and Nifty CPSE index. SGX also plans to launch futures linked to Nifty Bank and Nifty Midcap 50 index in 2016.
• During the month, Fubon Asset Management launched three ETFs linked to Nifty 50, Nifty PR 2X Leverage and Nifty PR 1X Inverse index which were listed on Taiwan Stock Exchange. With this launch, Nifty ETFs are traded across 19 stock exchanges globally.

New FinTech Office: A One-Stop Platform To Promote Singapore As A FinTech Hub

Date 01/04/2016

The Monetary Authority of Singapore (MAS) and the National Research Foundation (NRF) announced today that a FinTech Office will be set up on 3 May 2016 to serve as a one-stop virtual entity for all FinTech matters and to promote Singapore as a FinTech hub.

ASIC Remakes Instruments On Electronic And Dual Lodgement Of Financial Reports

Date 01/04/2016

ASIC has today released a revised legislative instrument dealing with dual lodgement and electronic lodgement of directors’ reports, financial reports and auditor’s reports (reports). The instrument, ASIC Corporations (Electronic Lodgment of Financial Reports) Instrument 2016/181, replaces three class orders due to sunset under the Legislation Act 2003 in 2016 and 2017.

Qatar Stock Exchange Listed Companies Reported Qr 43.9 Billion Net Profits For The Year Ended December 31, 2015

Date 01/04/2016

With the end of disclosure period for the 12 months ended December 31, 2015, forty two companies out of the forty three listed companies at Qatar Stock Exchange (QSE) have disclosed their financial statements results for the year ended December 31, 2015. The combined net profit of all companies as of December 31, 2015 amounted to QR 43.9 billion versus QR 45.6 billion for the corresponding period in 2014, a decline of 3.65%.

Tokyo Commodity Exchange: Final Settlement Price Of Dubai Crude Oil For March 2016 Contract

Date 01/04/2016

Final settlement price of Dubai Crude Oil for March 2016 contract is 24,980 yen.

Keynote Address At The SEC-Rock Center For Corporate Governance- "Protecting Investors In An Innovative Financial Marketplace”, SEC Chair Mary Jo White, March 31, 2016

Date 01/04/2016

Introduction

Thank you Jina [Choi] for that kind introduction and for your leadership of the San Francisco Regional Office.  It is always good to be back at Stanford,[1] and it is an honor to speak at the SEC’s and Rock Center’s Silicon Valley Initiative.  This is an important event that brings together regulators, academics, lawyers and entrepreneurs to discuss the issues impacting the start-up, venture capital and private equity worlds rooted here in this cutting edge center of technological innovation.  It is essential that the Commission fully engage with Silicon Valley, and participants in this important market across the country, so that we can better understand the unique features of its investors and financings.  This Valley-SEC dialogue, which I hope becomes a permanent fixture, can only make the Commission a more effective regulator and better able to protect all investors.

2015 Enforcement Report - Report Highlights IIROC's Focus On Strengthening Enforcement Tools And Deterring Wrongdoers

Date 31/03/2016

The Investment Industry Regulatory Organization of Canada (llROC) today published its annualEnforcement Report outlining the actions it has taken to prosecute and sanction investment firms and individuals who have breached their professional and/or ethical obligations. The report also highlights how llROC is working to strengthen its enforcement powers to improve investor protection.

BGC Partners Updates Its Outlook For The First Quarter Of 2016

Date 31/03/2016

BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners," "BGC," or the "Company,") a leading global brokerage company servicing the financial and real estate markets, today announced that it has updated its outlook for the quarter ending March 31, 2016.

Canadian Securities Regulators Seek Comment On Proposed Proxy Voting Protocols

Date 31/03/2016

Canadian Securities Administrators (CSA) today published CSA Multilateral Staff Notice 54-304 Final Report on Review of the Proxy Voting Infrastructure and Request for Comments on Proposed Meeting Vote Reconciliation Protocols. Among other things, the Notice seeks comment on proposed protocols containing CSA staff expectations and guidance for improving the processes involved in the tabulation of proxy votes.

CFTC Charges Georgia Resident Hendrik A. Van Beuningen And His Company, Debrink Trading Fund I, LLC, With Fraud, Misappropriation, And Registration Violations In Connection With Their Commodity Pool - Defendants Solicited More Than $500,000 From Pool Participants And Fabricated Futures Commission Merchant Statements To Conceal Their Fraud - Court Order Freezes Defendants’ Assets And Protects Records

Date 31/03/2016

The U.S. Commodity Futures Trading Commission (CFTC) filed a civil enforcement action in the U.S. District Court for the Northern District of Georgia, charging Defendants Hendrik A. Van Beuningenof Brookhaven, Georgia, and his company, DeBrink Trading Fund I, LLC (DeBrink) of Atlanta, Georgia, with fraud, misappropriation, and issuing false statements in connection with a commodity pool they operated.