News Centre

ASIC: Sydney Man Charged With Insider Trading

Date 06/05/2014

Mr Michael William Hull, 39, of Cronulla, New South Wales, appeared today at the Downing Centre Local Court in Sydney after an ASIC investigation led to 67 separate charges of insider trading.

SGX’s April Bond Listings Hit 2014 High

Date 06/05/2014

• SGX recorded its largest number of new bonds listings so far this year in April, with 56 issues introduced to the exchange over the month.
• Listings of floating rate note bonds on SGX have increased on expectations the Federal Reserve will continue to unwind its accommodative monetary policy.

April Trading Volume At Boerse Stuttgart Around EUR 7.2 Billion - Trading Volume Almost As High As In April 2013 // Turnover In Equities Significantly Higher Than In April 2013

Date 06/05/2014

According to its order book statistics, Boerse Stuttgart generated turnover of just under EUR 7.2 billion in April 2014. Trading volumes were almost as high as in April 2013.

SGX Commodities Volumes Rise In April

Date 06/05/2014

Singapore Exchange (SGX) today said commodities trading and clearing activities grew in April from a year earlier. Securities activities increased from March but were down year on year. Derivatives volumes were lower month on month and year on year.

Monetary Authority Of Singapore: Agreement To Facilitate Compliance By Singapore Financial Institutions With US Tax Laws

Date 06/05/2014

Singapore and the US have substantially concluded discussions on an Intergovernmental Agreement (IGA) that will facilitate compliance with the US Foreign Account Tax Compliance Act (FATCA) by Singapore-based financial institutions. The two countries have initialled a Model 1 IGA.

Shanghai Stock Exchange To Fuel Transformation Of Information Disclosure Regulation Through Annual Report Auditing

Date 06/05/2014

The 2014 Meeting on National Securities and Futures Regulatory Work has arranged the work on regulatory transformation, in which it points out that securities exchanges will be in charge of front-line regulation on the information disclosure related to periodical reports and temporary announcements of listed companies, establish authority on information disclosure regulation, and strengthen self-disciplinary management. In line with this requirement, the Shanghai Stock Exchange (SSE) has, in this year’s annual report auditing, carefully considered such issues as how to promote transformation of self-disciplinary regulation and how to do well in front-line regulation work on investors-oriented information disclosure, adopted an array of measures on in-process and aftermath regulation, and explored new ideas on regulatory transformation in practice, with some good results achieved.

CalPERS Achieves $12.75M Recovery From Ernst & Young LLP

Date 06/05/2014

The California Public Employees’ Retirement System (CalPERS) announced today that it had reached a $12.75 million settlement with Ernst & Young LLP (E&Y), the former auditor for Lehman Brothers (Lehman) with respect to claims arising out of CalPERS purchases of Lehman stock and bonds prior to the collapse of Lehman in 2008.

CFTC Expands Portal Capabilities To Make Market Participant Electronic Submissions Easier, More Efficient

Date 05/05/2014

Beginning today, market participants can submit event-specific reports more easily and securely because of new enhancements to the U.S. Commodity Futures Trading Commission (CFTC) Portal. The new features also improve the CFTC’s ability to process submissions.

TSX Markets: Top 20 Largest Consolidated Short Position Report - April 30, 2014

Date 05/05/2014

Please find below the Top 20 Largest Consolidated Short Position Report Highlights. The report is produced twice monthly, effective the 15th and the end of each month. The report below covers the 2-week period ending April 30, 2014.

SEC Charges Toronto-Based Consultant And Four Others In Reverse Merger Schemes Involving China-Based Companies

Date 05/05/2014

The Securities and Exchange Commission today charged a Toronto-based consultant and four associates with conducting illegal reverse merger schemes to bring a pair of China-based companies into the U.S. markets so they could manipulate trading and reap millions of dollars in illicit profits.