News Centre

Platts: European Power Prices Up Nearly 14% In November On Increased Demand - U.K. And European Natural Gas Also Rose

Date 05/12/2013

Day-ahead electricity prices in Continental Europe increased by nearly 14% in November as colder, calmer weather in late month sparked an increase in demand and prompted a decline in wind power production, according to monthly data just released by Platts, a leading global energy, petrochemicals and metals information provider.

Flexible Markets Are Key Ingredient For Efficient Energy Transition - EPEX SPOT Launches Negative Prices On Swiss Day-Ahead In 2014

Date 05/12/2013

Renewables challenge the power systems across Europe. The Exchange Council of European Power Exchange EPEX SPOT has been following the topic for years and continues to call for market evolutions. Flexible tools for short-term power trading are the key to mastering the energy transition while maintaining security of supply. Past years have shown that liquid continuous Intraday markets are one of the most accurate instruments for the integration of renewables.

November Trading Volume Rises To Around EUR 7.7 Billion At Boerse Stuttgart - Growth In Trading Of Debt Instruments And Equities - Strong Demand For Derivative Investment Products

Date 05/12/2013

Boerse Stuttgart generated turnover of around EUR 7.7 billion in November 2013, according to its order book statistics. This represents an increase of roughly 1.5 percent by comparison with October.

Monetary Authority Of Singapore Actively Engaging Financial Institutions On IT Security

Date 05/12/2013

MAS has been actively engaging Standard Chartered Bank (SCB) on the theft of some of its clients’ bank statements. The theft occurred at a third party service provider which SCB engaged to print these statements.

Japan's Securities and Exchange Surveillance Commission: Recommendation For Administrative Action Based On Findings Of The Inspection Of Deutsche Securities Inc.

Date 05/12/2013

1. Contents of the recommendation

Pursuant to Article 20, paragraph (1) of the Act for the Establishment of the Financial Services Agency (FSA), the Securities and Exchange Surveillance Commission (SESC) issued today a recommendation that the Prime Minister and the Commissioner of the FSA shall take administrative action against Deutsche Securities Inc.* (hereinafter referred to as "Company"). This recommendation is based on the findings of the inspection of the Company, whereby the following violations of the law and the ordinance by the Company were identified.

*Basic information regarding Deutsche Securities Inc.

Shenzhen Stock Exchange Launched On-line Law Consultation And Solicitation For Suggestions On Rules On December 4th, National Law Publicity Day

Date 05/12/2013

Upon the advent of 13th ‘December 4th’ National Law Publicity Day, Shenzhen Stock Exchange (SZSE), China Securities Depository and Clearing Corporation Limited Shenzhen Branch, Shenzhen Securities Information Co., Ltd. jointly launched an annual online law consultation with the theme ‘To Protect the Legal Rights and Interests of Small and Medium Investors, to Build Simplified and Transparent Business Rules and Regulation System’. Unlike activities of the previous years, SZSE takes the advantage of online interaction platform of http://www.p5w.net/ for not only law and rule consultation service, but also solicitation for advice and suggestions on business rules from the market bodies. SZSE, which based on the market and open for market suggestions, emphasizes the scientific nature and democracy of rules formulation in the process of promoting rule system development.

HKEx Monthly Market Highlights - November 2013

Date 05/12/2013

Highlights

- Securities Market 

• The average daily turnover for the first 11 months of 2013 was $63,097 million, an increase of 19 per cent when compared with $53,233 million for the same period last year.

Bloomberg Vault Adopted By Jefferies For Information Governance - Bloomberg's Cloud-Based Archiving And E-Discovery Solution Lowers Costs And Enhances Oversight Of Enterprise Information

Date 05/12/2013

Bloomberg's cloud-based archiving, e-discovery, and compliance service, Bloomberg Vault, has been adopted by global investment bank Jefferies Group LLC for enterprise information management. Bloomberg Vault archives a broad range of enterprise communications, including email, instant messages, mobile, and Bloomberg communication, for Jefferies globally as a complete and cost-effective managed service.  

Hong Kong's Securities And Futures Commission Reprimands And Fines Broker For Breaching Telephone Recording Requirements

Date 05/12/2013

The Securities and Futures Commission (SFC) has reprimanded Ms Tang Wai Chun, an account executive of China Merchants Securities (HK) Co., Limited (China Merchants), and fined her $40,000 for non-compliance with order recording requirements under the Code of Conduct.

Official Of Dalian Commodity Exchange Agri-Product Department Explains Design Of Delivery Places For Fiberboard, Blockboard - Conforming To The Logistics Pattern In Designing The Delivery Places For The “Two Boards”

Date 05/12/2013

Lately, an official of the Agricultural Product Department of Dalian Commodity Exchange (DCE) said in an interview on the selection of the delivery places for the “two boards” that the warehouses in Guangdong Province are set as the standard warehouses and those in Tianjin, Zhejiang Province, and Jiangsu Province are set as the non-standard delivery places for fiberboard with the premium of RMB 5 per piece; the warehouses in Zhejiang and Jiangsu are set as the standard delivery warehouses for blockboard with the discount in Tianjin of RMB 10 per piece and that in Hebei Province, Shandong Province, and Guangdong Province of RMB 20 per piece. Such a design has taken full account of such factors as the deliverable amount, the logistics nodes, the circulation radiation capacity, and the representativeness of the price, so as to ensure the smooth operation of the delivery.