News Centre

Russell Frontier Europe Index: Within The Frontier Markets Of Europe, Cyprus Returned 8.2% YTD As Of March 18th

Date 21/03/2013

The Russell Frontier Europe Index has returned 5.8% year-to-date as of March 18^th, with country constituent Cyprus returning 8.2% year-to-date as the Cypriot government announced a levy on bank deposits in the country to meet euro-zone bailout terms over the weekend.

February Foreign Customer Trades On Tokyo Commodity Exchange Renewed Record

Date 21/03/2013

The Tokyo Commodity Exchange, Inc announced today that the monthly volume of customer trades (sell & buy) originating overseas totalled 1,920,053 contracts, 31.4% of the total volume in February 2013. It topped the all time record renewed in January 2013 at 1,662,426 contracts after 15 months.

Securities Commission Malaysia Charges Three Former Directors Of Axis Incorporation Berhad

Date 21/03/2013

The Securities Commission Malaysia (SC) today charged three former directors of Axis Incorporation Berhad (Axis) for providing false information to Bursa Malaysia Securities Berhad between 2006 and 2008.

European Parliament: Statement Of Conference Of Presidents On Cyprus Banking Sector

Date 21/03/2013

Following the Open Conference of Presidents in the European Parliament on 20 March 2013 on the outcome of the Spring European Council where the issue of the Cyprus banking sector was raised, European Parliament President Martin Schulz on behalf of the majority of political group leaders in the European Parliament Conference of Presidents - EPP Joseph Daul, S&D Hannes Swoboda, ALDE Guy Verhofstadt, Greens/EFA Rebecca Harms and Daniel Cohn-Bendit, ECR Martin Callanan, made the following statement:

"On the Cyprus banking issue, the Conference of the Presidents is deeply concerned and takes a position that deposits of less than €100 000 should be exempted from any levy. A fairer and sustainable solution for the Cypriot people must be found. We need a European solution to the Cyprus problem, not an external one. Ordinary people's savings should not be used to bail out the banking sector.

FTSE Licenses MCX Stock Exchange Limited With The Industry Classification Benchmark (ICB)

Date 21/03/2013

FTSE Group (“FTSE”), the award winning global index provider, announces that MCX Stock Exchange Limited (MCX-SX), is adopting the Industry Classification Benchmark (ICB), the global company classification standard, across its listing and index offerings.

Clearstream And Bloomberg To Deliver Greater Trade Processing Efficiency For The Triparty Repo Market - Effective Execution And Post-Trade Management Solutions Provided By Bloomberg Deliver Fast, Easy And Efficient Processing For Tri-Party Repo Transactions - Further Increases Scope, Flexibility And The Open Architecture Of Clearstream’s Global Liquidity Hub

Date 21/03/2013

Clearstream today announced a collaboration with Bloomberg to provide clients an automated order routing service that delivers an additional means of accessing tri-party repurchase agreements (repo) transactions. The new service offers market participants faster and easier access to tri-party repo services in Clearstream’s integrated collateral and risk management environment, the Global Liquidity Hub, through the Bloomberg Professional service.

High-Frequency Trading Continues To Grow, Despite Regulatory Initiatives, Reveals GreySpark - HFT Often Used As Scapegoat For Market Cataclysms - Part One Of Two Research Reports On HFT Examines The Regulatory Landscape Around High-Speed Trading

Date 21/03/2013

Despite regulatory efforts to curb high-frequency trading (HFT), capital markets players will continue to rely on HFT and its use will continue to grow, reveals a new report published today by GreySpark Partners, a London-based capital markets consultancy.  HFT systems will remain popular in competitive markets due to financial incentives and drivers of market efficiency support their use. These key findings are contained in the new research report, High-Frequency Trading: The Fast and the Furious.

Oslo Børs: Appeal On Violation Charge Forwarded To The Stock Exchange Appeals Committee

Date 21/03/2013

At its meeting on 20 March 2013, the Board of Directors of Oslo Børs resolved to uphold its decision to impose a violation charge on Intex Resources ASA for breach of the duty to disclose information to the market. The appeal is forwarded to the Stock Exchange Appeals Committee.

New Gold ETC From ETF Securities Launched On Xetra - ETC Hedged Against Daily Exchange Rate Fluctuation

Date 21/03/2013

A new ETC (exchange traded commodity) issued by ETFS Hedged Metal Securities Limited has been tradable on Xetra since Thursday.

European Central Bank Governing Council Decision On Emergency Liquidity Assistance Requested By The Central Bank Of Cyprus

Date 21/03/2013

The Governing Council of the European Central Bank decided to maintain the current level of Emergency Liquidity Assistance (ELA) until Monday, 25 March 2013.