News Centre

WisdomTree Completes Investment To Create WisdomTree Europe - WisdomTree Takes Majority Stake In U.K. ETP Group Boost - WisdomTree And Boost Product Ranges To Serve European Investors

Date 17/04/2014

WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund ("ETF") sponsor and asset manager, announced today that it has completed the acquisition of Boost ETP, a UK-based exchange-traded product ("ETP") provider, in a move that expands WisdomTree’s footprint to Europe.  WisdomTree will commence the previously announced build-out of a local European platform to offer a select range of UCITS ETFs under the WisdomTree brand and continue to manage and grow the Boost line up of short and leveraged fully collateralized ETPs under the Boost brand.

Shanghai Stock Exchange Adjusts Regulatory Requirements For Transfer Of Stock Shares With Terminated Sales Limit

Date 17/04/2014

On April 15, the Shanghai Stock Exchange (SSE) issues the “Notice of Relevant Issues of Revoking Restrictions on Transfer of Stock Shares with Terminated Sales Limit and Other Business Lines” (the “Notice” for short), which specifies that a listed company’s shareholder selling stock shares with terminated sales limit that are nearly, or equivalent to, or more than 1% of the total issued shares of the listed company through the auction trading system of the SSE within 1 month will not be regulated as a behavior of abnormal trading. Besides, some business rules, such as the "Notice of Implementation of ‘Guidance Opinion on Transfer of Stock Shares with Terminated Sales Limit in Listed Companies’", are revoked correspondingly. In addition, the “Notice” specifies that regulations on transfer of stock shares with terminated sales limit and their participation in margin trading and securities lending mentioned in relevant business rules, such as the “Detailed Rules on SSE Members’ Management on Clients’ Securities Trading”, will no longer be applicable.

UBS MTF Trading Notice N5/2014: Easter Holidays

Date 17/04/2014

 UBS MTF will be closed for the Easter weekend on:

• Friday 18 April 2014
• Monday 21, April 2014

Shenzhen Stock Exchange Held The 4th Session Of Public Company Open House Program For Foreign Investors

Date 17/04/2014

The 4th session of Public Company Open House Program for foreign investors has been held in Hangzhou by Shenzhen Stock Exchange (SZSE) recently. Representatives from about 30 foreign institutional investors visited Hangzhou Century, SW-TECH, D.A. Diagnostics, Dali Technology, Beingmate, Songcheng Tourism, 6 companies listed on the SME Board or the ChiNext Board. Investors got to learn about the operation of the companies on-spot and exchange in-depth views on the strategic plan and the industries prospect with the senior managements of the companies. During the activity, representatives from SZSE presented to the foreign investors on the development of SZSE, investor relation management services, for example, ‘Easy IR’, and answered the questions the foreign investors interested in.

NASDAQ OMX Expands London Presence

Date 17/04/2014

The NASDAQ OMX Group, Inc. (NASDAQ: NDAQ) has expanded its London business  to new, larger premises as the Group's presence in the capital continues to grow.

UK’s Financial Conduct Authority: Tribunal Upholds £80,000 Fine For Broker Who Lied About Income And Used Falsified Payslips In Mortgage Application

Date 17/04/2014

The Upper Tribunal (Tribunal) has upheld the decision of the Financial Conduct Authority (FCA) to impose a financial penalty of £80,000 on Amir Khan, director of Sovereign Worldwide Limited (Sovereign), for dishonestly submitting false income details to a mortgage lender in a personal mortgage application.

Malawi Stock Exchange Weekly Trading Report - 17 April, 2014

Date 17/04/2014

Click here to download Malawi Stock Exchange's weekly trading Report for the week ending 17th April, 2014.

First Db X-Trackers ETF On Indonesian Government Bonds Launched On Xetra

Date 17/04/2014

A new db x-trackers bond index fund from the ETF section of Deutsche Asset & Wealth Management has been tradable in the XTF segment on Xetra since Thursday.  

London Stock Exchange Welcomes Seplat To The Main Market

Date 17/04/2014

• First Nigerian company to simultaneously dual list equity shares in London and Nigeria
• IPO raises $500 million (82.5b Naira), valuing Seplat at about $1.9 billion
• Seplat Chairman, Dr. A.B.C. Bryant Orjiako opens London trading

UK’s Financial Conduct Authority Bans Partners Of Firm That Failed To Consider Customer SIPP Suitability

Date 17/04/2014

Andrew Rees and Timothy Hughes, partners at 1 Stop Financial Services (1 Stop), have been banned by the Financial Conduct Authority (FCA) from performing any significant influence function in relation to any regulated activity. Mr Rees and Mr Hughes had advised customers to switch into self-invested personal pensions (SIPPs), which enabled those customers to invest in unregulated and often high risk products, regardless of whether those products were suitable for the customers. 1 Stop has now ceased trading and has applied to cancel its FCA permissions.