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SGX Reports 1Q Results On 21 October 2015
Date 21/09/2015
Singapore Exchange (SGX) is reporting first-quarter results for Financial Year 2016 (FY2016) after the market closes on 21 October 2015.
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UAE's Financial Markets To Close For Eid Al-Adha Holidays Next Wednesday - Trading Resumes Sunday, September 27
Date 21/09/2015
Pursuant to the Federal Authority for Human Resources (FAHR) Circular No. (38) of 2015 concerning Arafat Day and Eid Al-Adha holidays, and after coordination and consultation with local financial markets and the Dubai Gold and Commodities Exchange (DGCX), the Securities and Commodities Authority (SCA) announced that financial markets are to close for Eid Al-Adha holidays on Wednesday, September 23 (Dhu-al Hijjah 09) and open on Sunday, September 27. The DGCX, however, is to decide when it closes and opens according to public interest requirements.
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DME Launches “DME Auctions” To Enhance Spot Commodities Trading
Date 21/09/2015
The Dubai Mercantile Exchange (DME), the premier international energy futures and commodities exchange in the Middle East, today announced the launch of “DME Auctions” - a new platform that will provide a transparent spot commodity auction system for the first time in the Middle East.
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Eid Al Al-Ad Ha Holiday For Qatar Exchange
Date 21/09/2015
Eid Al-Ad Ha Holiday will be starting from Wednesday, 23 September 2015 up to Monday, 28 September 2015.
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SEC Charges Investment Adviser With Improperly Using Mutual Fund Assets To Pay Distribution Fees - First Case Brought Under Distribution-in-Guise Initiative
Date 21/09/2015
The Securities and Exchange Commission today charged a New York-based investment adviser and its affiliated distributor with improperly using mutual fund assets to pay for the marketing and distribution of fund shares. First Eagle Investment Management and FEF Distributors agreed to pay nearly $40 million to settle the SEC’s charges, the first brought under a recent SEC initiative to protect mutual fund shareholders. The money will be returned to the accounts of affected shareholders.
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PEGAS: Successful Launch Of Physical Futures Contracts For PSV Market Area - Total Of 783 360 MWh Traded On First Day Of Trading
Date 21/09/2015
PEGAS, the pan-European gas trading platform operated by Powernext, launched new physical natural gas Futures contracts on the Italian Punto di Scambio Virtuale (PSV) on Friday 18 September 2015 to complete its existing PSV Financial Futures offer. These contracts have been designed under the new regulatory framework developed by the Italian Regulator AEEGSI and in close collaboration with Gestore dei Mercati Energetici – GME and Snam Rete Gas, the Italian Transmission System Operator. Clearing is performed by ECC, the central clearing house for energy and related products in Europe.
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New Index Shows That Top Investors In People Are More Than Twice As Successful As Their Peers
Date 21/09/2015
A new UK industry Index reveals that large businesses with best-in-class processes for investing in people outperform their sector peers by more than double on key performance indicators for growth in market share, profitability and sustainability. With the Office of National Statistics showing the UK languishing second from the bottom of G7 nations for worker productivity, the findings suggest substantial economic rewards if widespread implementation of best practice in staff development becomes a reality.
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ICE Futures U.S. To Introduce World Cotton Contract On November 2
Date 21/09/2015
Intercontinental Exchange (NYSE: ICE), the leading global network of exchanges and clearing houses, announced that ICE Futures U.S. will launch a World Cotton contract on November 2, 2015. The World Cotton contract will price delivery of multiple origins and allow delivery in multiple locations around the world. The new contract will trade alongside ICE’s benchmark Cotton No. 2® contract.
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OptionScape™ Announces Compatibility With Thomson Reuters Eikon - Agreement Represents First Initiative In Major Expansion By OptionScape
Date 21/09/2015
OptionScapeTM, creator of the most versatile educational and strategy modeling tool for exchange-traded options, announced today that its stand-alone software version is now available alongside Thomson Reuters Eikon with full data integration.
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EEX New Participant: Total Gas & Power Ltd.
Date 21/09/2015
Total Gas & Power Ltd. additionally has been admitted to exchange trading for Nordic Financial Power Futures and Nordic Financial Power Options.
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