News Centre

MCX Weekly Market Report March 01, 2013 – March 07, 2013

Date 08/03/2013

Please click here to download MCX's weekly market report March 01, 2013 – March 07, 2013.

The People’s Bank Of China And The Monetary Authority Of Singapore Announce New Bilateral Currency Swap

Date 08/03/2013

The People’s Bank of China (PBC) and the Monetary Authority of Singapore (MAS) today announced the establishment of a new and enhanced bilateral currency swap arrangement to promote bilateral trade and direct investment for the economic development of the two countries. The new agreement was signed on 7 March 2013 and will replace the old swap arrangement dated 23 July 2010, which is expiring this year.

Press Conference By Taro Aso, Deputy Prime Minister, Minister Of Finance And Minister For Financial Services - System Glitch At Osaka Securities Exchange

Date 08/03/2013

(Excerpt)

(Tuesday, March 5, 2013, from 8:55 a.m. to 9:07 a.m.)

[Questions and Answers]

Q.

Yesterday, a system glitch occurred at the Osaka Securities Exchange (OSE). What do you think of this problem, which occurred ahead of the planned system integration with the Tokyo Stock Exchange, and what are your thoughts on future administrative action?

A.

The system glitch was very regrettable. Before a merger, it is usual that incidents like this occur. For example, when three banks merged in the past, a similar system glitch took place. In any case, as system glitches cause inconvenience for customers, it is important to examine the cause and prevent a recurrence of similar problems, so we issued an order for the submission of a report yesterday. This case requires close examination. In cases like this, the issue is what the cause is-whether the cause lies in a system defect or in a human error. That must be made clear.

Report: Adoption By ASX-Listed Companies Of The ASX Corporate Governance Principles And Recommendations On Diversity - Report Finds Majority Of Australia’s Listed Companies Adopt Gender Diversity Policy

Date 08/03/2013

The majority of Australia’s listed companies now have a gender diversity policy in place or plan to implement one, according to the findings of an independent report released by ASX today. 

Shanghai Stock Exchange Governor: System Of Decentralizing Refinancing Examination Being Studied

Date 08/03/2013

On the afternoon of March 6, the deputies to the NPC and the members of the CPPCC National Committee coming from the system of the China Securities Regulatory Commission (CSRC) held the first press conference, at which Gui Minjie, Member of the CPPCC National Committee and Governor of the Shanghai Stock Exchange (SSE), answered the questions raised by journalists at home and abroad. 

Japan Exchange Group: Start Of Discussions On Merger Between A Subsidiary And An Affiliate

Date 08/03/2013

Yesterday, Japan Securities Clearing Corporation (hereinafter "JSCC"), a subsidiary of Japan Exchange Group, Inc. (hereinafter "JPX"), and Japan Government Bond Clearing Corporation (hereinafter "JGBCC"), an affiliate of JPX, decided to begin discussions on a merger at the meetings of their respective board of directors. 

Invest ASEAN 2013 Draws Enthusiastic Response From Local Investors At Bursa Malaysia - Local Investors Gain Insights To Investing In ASEAN Stocks Directly From Experts And Corporate Leaders

Date 08/03/2013

The 3^rd Invest ASEAN 2013 roadshow hosted by Bursa Malaysia attracted an eager crowd of around 400 local retail investors, enthusiastic about ASEAN opportunities and investing in ASEAN stocks.

Developing Solutions To Ensure That The Automated Systems Of Our Marketplace Are Secure, Robust, And Reliable By SEC Commissioner Luis A. Aguilar

Date 07/03/2013

In recent years, the securities markets have undergone significant changes, and none has had more impact than the development of technology systems with ever-increasing speed and capacity. These systems are so fast that, in a blink of an eye, millions of trades can take place and billions of dollars can be transferred from buyers to sellers. Unfortunately, these systems can just as quickly become a destructive force with devastating consequences.

Opening Statement At The SEC Open Meeting By Commissioner Daniel M. Gallagher

Date 07/03/2013

Thank you, Chairman Walter. I’d like to join my colleagues in thanking the staff for their work on this proposal. In particular, I’d like to thank David Liu, Heidi Pilpel, and Yue Ding for all of their hard work during recent weekends and late nights and early mornings.

SEC Proposes Rules To Improve Systems Compliance And Integrity

Date 07/03/2013

The Securities and Exchange Commission today unanimously proposed new rules to require certain key market participants to have comprehensive policies and procedures in place surrounding their technological systems.