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European Commission Calling For Experts To Identify Safe And Fair Contract Terms To Boost Cloud Computing

Date 21/06/2013

The European Commission has launched today a call for applications for experts to work on identifying safe and fair contract terms for cloud computing services. The experts will help identifying options for addressing concerns of consumers and companies, who often seem reluctant to use cloud computing services because contracts are either unclear or unbalanced in favour of service providers. The move is part of the Commission’s push to enhance trust in cloud computing services and unlock their potential for boosting economic productivity in Europe and is one of the key actions under the Commission's Cloud Computing Communication, which was adopted last year (IP/12/1025, MEMO/12/713).
Thailand Futures Exchange (TFEX) Announces Normal Night Shift Trading

Date 21/06/2013

Thailand Futures Exchange plc. announces that the night trading session will operate normally tonight (June 21), despite the earlier temporary unavailability of service from the Thai electronic trading service provider SETTRADE.com.
NYSE Euronext Welcomes bpost To Its European Market

Date 21/06/2013

bpost, the leading postal operator in Belgium, today celebrated its listing in Brussels . This is the fourth listing of a postal operator in Europe. It is as well the second largest IPO in Europe since the start of the year[1], and the largest non-finance related IPO.
European Council - ESM Direct Bank Recapitalisation Instrument - Main Features Of The Operational Framework And Way Forward

Date 21/06/2013

Following the 29 June 2012 statement by the Heads of State or Government of the euro area reaffirming the need to break the vicious loop between banks and sovereigns, the Eurogroup has worked intensively on the operational framework of the future ESM direct recapitalisation instrument. The main features of the instrument are now agreed in view of having the instrument operational once an effective Single Supervisory Mechanism is established.
High Court Settlement Paves The Way For UK’s Financial Conduct Authority To Return Money To Investors In Illegal Land Bank

Date 21/06/2013

The Financial Conduct Authority (FCA) has agreed a settlement of proceedings in the High Court which will enable it to return approximately £380,000 to investors in a land bank.

Platts Special Report: Update On Croatia’s Energy Industry Ahead Of Its July Entry To The EU

Date 21/06/2013

Croatia will become the 28th member of the European Union (EU) on July 1, having had to rewrite four of its cornerstone energy laws to meet EU requirements and join its energy market serving some 500 million citizens. Read the attached Platts EU Energy Special Report, which reviews the amendments to Croatia’s energy laws, including its opening of natural gas and electricity markets to domestic and foreign investors.
HKEx Announces Liquidity Providers For CES 120 Futures

Date 21/06/2013

Hong Kong Exchanges and Clearing Limited (HKEx) has registered the three Liquidity Providers (LPs) listed below for its planned CES China 120 Index (CES 120) futures, which will be the world's first exchange-traded futures designed to provide convenient, cost efficient and simultaneous exposure to leading China stocks from the Mainland and Hong Kong markets through a single contract.
LME Appoints Robin Paine As Chief Technology Office

Date 21/06/2013

The London Metal Exchange (LME) is pleased to announce the appointment of Robin Paine as Chief Technology Officer.
HKFE Announces Revised Margins For China Construction Bank And CNOOC Futures

Date 21/06/2013

Hong Kong Futures Exchange Limited (HKFE), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has announced that with effect from the commencement of trading on Tuesday, 25 June 2013, the minimum margins to be collected by an Exchange Participant from its clients in respect of their dealings in the following futures contracts will be as outlined in the table below. The adjustments are based on the clearing company’s normal procedures and standard margining methodology.
Thomson Reuters Named Official Calculating Agent For CNH HIBOR Benchmark - Thomson Reuters To Further Facilitate Internationalization Of Renminbi

Date 21/06/2013

Thomson Reuters, the world’s leading source of intelligent information for businesses and professionals, will begin compiling and publishing the Treasury Markets Association’s (TMA) offshore renminbi Hong Kong Interbank Offered Rate benchmark (CNH HIBOR benchmark), following its appointment as the official calculating agent for this key industry interest rate benchmark. This provides a formal benchmark for market participants to reference when pricing renminbi loan and interest rate contracts.