News Centre

Tokyo Commodity Exchange: Good Delivery Material Price Differential For December 2013 Rubber Contract

Date 10/12/2013

The price differential of the Good Delivery material for the December 2013 contract month in the Rubber market has be determined as follows,

Pursuant to the provisions of Article 2.2 of the Rubber Delivery Detailed Rules, the price differential between the Good Delivery materials RSS No.3 and the non-standard grade RSS No.4 for the December 2013 contract month shall be -3.0 yen/kg. 

Shanghai Futures Exchange: Notification On Implementation Of The One-Way Large-Side Margin

Date 10/12/2013

Pursuant to the Announcement on Distribution of SHFE Amended Clearing Rules (SQSGG (2013) No.18), the Exchange will implement the regime of the One-way Large-side Margin as of December 30, 2013. 

Dalian Commodity Exchange: Fiberboard, Blockboard Futures Listed - Forestry Futures Sets Sail To Boost Construction Of A Beautiful China

Date 10/12/2013

On the morning of December 6, the futures contracts of fiberboard and blockboard were successfully listed on Dalian Commodity Exchange (DCE) at the same time. The listing of the "two boards" will expand China's agricultural futures products to the new area of forestry industry, increasing the number of the futures products traded on DCE to 14 as well as the number of the products traded on China’s futures market to 40.

Five Taiwanese Banks Have Selected Calastone For Offshore Fund Execution As Landbank Of Taiwan, Mega International Commercial Bank And Bank Of Taipei Sign Up For Order Routing - Far Eastern International Bank And Union Bank Of Taiwan Already Went Live With Calastone Earlier This Year

Date 10/12/2013

Landbank of Taiwan, Mega International Commercial Bank and Bank of Taipei have appointed Calastone for the execution of their offshore fund transactions via the Taiwan Depository Clearing Corporation (TDCC) fund order routing service. They selected Calastone for their experience in fund order execution globally and for their superior offshore fund coverage in Taiwan.  TDCC official figures published on their website show Calastone now have 32 fund ranges connected through the TDCC, which is significantly more than any other service provider operating in Taiwan.  Higher fund coverage allows distributors selecting Calastone to immediately maximise their offshore fund automation rate, allowing them to drastically reduce their operational costs and risks while improving their service levels.

Shenzhen Stock Exchange Market Bulletin 9 December, 2013 - Issue 27

Date 10/12/2013

Last week, Shenzhen Component Index closed at 8526.7 points after losing 0.2%. SME Index dropped 2.5% to 4994.7 points. ChiNext Index slumped 11.7% to 1206.8 points. Total turnover for stocks and funds on SZSE was US$101.7 billion, or a 4.3% increase from last week. 

Remarks At The AICPA 2013 Conference On Current SEC And PCAOB Developments, Julie A. Erhardt Deputy Chief Accountant, Office Of The Chief Accountant, Dec. 9, 2013

Date 10/12/2013

Introduction

Good morning. True to form, and to the nature of my work at the SEC, I will speak to you today about international financial reporting matters. I am grateful for the opportunity to do so and, as in the past, what I say will consist of my own views that do not necessarily reflect the views of the Commission, the Commissioners, or other members of the SEC staff.

ISDA: Standard Initial Margin Model (SIMM) For Non-Cleared Derivatives

Date 09/12/2013

In order to facilitate the introduction of final BCBS-IOSCO guidelines for “Margin requirements for non-centrally cleared derivatives”, published September 2, 2013 (BCBS 261, “the Guidelines”), ISDA is proposing a standard initial margin model (SIMM) which could be used by market participants. A common methodology would have several key benefits to the market, such as permitting timely and transparent dispute resolution and allowing consistent regulatory governance and oversight.

U.S. Treasury Sells Final Shares of GM Common Stock - Efforts Saved Jobs, Helped Stabilize Economy During Financial Crisis

Date 09/12/2013

As the Troubled Asset Relief Program (TARP) continues to wind down, the U.S. Department of the Treasury today announced that it has sold all of the remaining shares of General Motors (GM) common stock. 

The Spirit Of The Season - Speech By Bank Of England Governor Mark Carney

Date 09/12/2013

At a speech today in New York, Bank of England Governor Mark Carney addressed challenges to forecasts of a sustained recovery in the UK and US economies. 

Thomson Reuters Announces Business Leadership Appointments - New Presidents Named In Legal, Intellectual Property & Science And Global Growth & Operations

Date 09/12/2013

Thomson Reuters (TSX / NYSE: TRI), the world’s leading source of intelligent information for businesses and professionals, today announced the following changes to its leadership team, effective January 1, 2014.