News Centre

Idemitsu Kosan Joins DME As Its First Japanese Refiner Member

Date 13/02/2014

Idemitsu Kosan Co.,Ltd yesterday became a Trading Member of the DME, the Middle East’s premier international energy futures and commodities exchange.

LMEwire Launch Hits Trade-Reporting Deadline

Date 13/02/2014

LME Clear has successfully launched its new trade-reporting service, LMEwire, in time to meet the 12 February reporting deadline set out by the European Market Infrastructure Regulation (EMIR). The service, offered in partnership with the Depository Trust & Clearing Corporation’s (DTCC) trade repository, began reporting on schedule with uptake from 30% of the LME clearing membership. 

Obituary: Hideki Takahashi, Tokyo Commodity Exchange Director, Senior Executive Managing Officer And COO

Date 13/02/2014

The Tokyo Commodity Exchange (TOCOM) announces that Hideki Takahashi, Director, Senior Executive Managing Officer and COO of the Exchange died last night at the age of 58.

Egyptian Exchange Registered Custodians

Date 13/02/2014

EGX Custodians:
 
1- Sigma Capital Holding Co.                                         
2- Grand Investment Capital

Hong Kong's Securities And Futures Commission: Retail Investor Convicted Of Misleading The SFC In Market Manipulation Investigation

Date 13/02/2014

The Eastern Magistrates’ Court today convicted Mr Ng Kai Chak on two charges of misleading the Securities and Futures Commission (SFC) during an SFC investigation.

ESMA Consults On Guidelines For Issuers Performance Measures

Date 13/02/2014

The European Securities and Markets Authority (ESMA) has launched a consultation on Guidelines on Alternative Performance Measures (APMs). The aim of the guidelines is to encourage European issuers to publish transparent, unbiased and comparable information on their financial performance in order to provide users with a better understanding of their performance. Some examples of APMs include EBIT (Earnings Before Interest & Tax), EBITDA (Earnings Before Interest, Taxes, Depreciation and Amortisation), free cash flow, underlying profit or net-debt. 

HKEx Chief Executive Charles Li - Charles Li Direct.

Date 13/02/2014

HKEx Chief Executive Charles Li takes a closer look at circuit breakers in his latest post on Charles Li Direct.

UK's Financial Conduct Authority: HomeServe Fined £30 Million For Widespread Failings

Date 13/02/2014

The Financial Conduct Authority (FCA) has issued its largest ever retail fine of £30,647,400 to HomeServe Membership Limited (HomeServe). The FCA found that HomeServe had serious, systemic and long running failings, extending across many key aspects of its business.  In particular, during the period January 2005 to October 2011 it mis-sold insurance policies, failed to investigate complaints adequately, its Board was insufficiently engaged with compliance matters and its senior management were reluctant to address risks to customers if there was a cost implication involved.

Chi-X Japan Appoints Makoto Nagahori As President And COO

Date 13/02/2014

Chi-X®  Japan Limited, a wholly owned subsidiary of alternative market operator Chi-X® Global Holdings LLC, today announced the appointment of Makoto Nagahori as President and COO of Chi-X Japan.

Tokyo Stock Exchange: ETF/ETN Monthly Report For Jan 2014

Date 13/02/2014

Average daily trading value surges past last month's record high!

• In January, the ETF/ETN market reached a new record high in ADV of about JPY 146 billion. Monthly trading value was at about JPY 2.77 trillion, staying close to last month's high.
• NEXT FUNDS Nikkei 225 Leveraged Index Exchange Traded Fund (1570) accounted for the majority of the trading value. TOPIX Bull 2x ETF (1568) also saw growing activity.
• The market welcomed two new ETFs tracking the JPX-Nikkei Index 400 on January 28 (Tue.). NEXT FUNDS JPX-Nikkei Index 400 Exchange Traded Fund (1591) and Listed Index Fund JPX-Nikkei 400 (1592) both got off to a smooth start. The former ranked 18th in monthly trading value despite being traded for only four days while the latter came in at 25th in the rankings (the table in the attachment only includes the top 20 issues).