News Centre

Dubai Mercantile Exchange Strengthens Board Of Directors With Appointment Of Oil Industry And Commodities Leaders - Addition Of Senior Energy Experts From USA-Based CME Group And Singapore-Based Concord Energy Brings DME Into Closer Integration With CME Group And Strengthens Its Growing Presence In East Of Suez Markets

Date 31/01/2013

The Dubai Mercantile Exchange (DME), the leading energy futures exchange in the Middle East, has strengthened its board of directors with the appointment of two new directors. This brings DME into closer integration with the CME Group, a majority shareholder in DME and the world's leading and most diverse derivatives marketplace, and enhances DME's position in East of Suez oil futures trading. Daryl James Pattison, a 43 year oil industry veteran and former Vice President & Energy Futures Manager at Goldman Sachs in New York, who leads Singapore-based Concord Investments at Concord Energy PTE Ltd, one of South East Asia's leading crude oil and refined products trading companies, and Ken Vroman, CME Group Senior Managing Director, Commodities and Information Products & Services, will join the DME board effective immediately.

UK's Financial Services Authority Confirms Start Of Full Review Of Interest Rate Swap Mis-Selling

Date 31/01/2013

The Financial Services Authority (FSA) has confirmed that Barclays, HSBC, Lloyds and RBS will start the full review of their sales of interest rate hedging products (IRHPs) to small businesses. In June last year, the FSA announced that it had found serious failings in the sale of IRHPs. Today’s announcement means that these banks have agreed to work on reviewing individual sales and providing redress to customers based on principles outlined in today’s FSA report, and overseen by independent reviewers.

Tokyo Commodity Exchange: Circuit Breakers In And After February 2013

Date 31/01/2013

Circuit breakers in and after February 12, 2013 will be handled as follows for the time being; provided, however, that the Exchange might change the Initial CB Trigger Levels, CB Expansion Amounts, and number of expansion, etc., when it deems necessary.

Hong Kong's Securities And Futures Commission: Bullion Agents Convicted Of Offering Unauthorized Gold Scheme On Facebook

Date 31/01/2013

The Eastern Magistrates Court today convicted two gold bullion agents, Mr Lai Ka Ki and Mr Lam Yiu Kwan, for issuing invitations to the public to participate in a collective investment scheme without first obtaining the authorization of the Securities and Futures Commission (SFC).

Bursa Malaysia Posts 4% Increase In Net Profit For Year Ended 31 December 2012

Date 31/01/2013

HKEx Opens New State-Of-The-Art Data Centre In Tseung Kwan O

Date 31/01/2013

Hong Kong Exchanges and Clearing officially opened its Next Generation Data Centre in the Tseung Kwan O Industrial Estate today (Thursday), further strengthening the technological foundation of HKEx’s markets and marking a bold commitment to the development of Hong Kong as an international financial centre.

Tokyo Grain Exchange Maximum Rate For Additional Discharging Ports Charges

Date 31/01/2013

We refer to (2) (c) of 11. in Detailed Rules for Delivery of Raw Sugar and inform you that the maximum rate to be applied to delivery of Raw Sugar for the contract month of May 2013 is US$４.８１ per metric ton for each additional discharging port.

Shanghai Stock Exchange Market Closure Schedule For 2013 Spring Festival

Date 31/01/2013

The Shanghai Stock Exchange (SSE) hereby announces the market closure schedule for the Spring Festival of 2013 according to the "SSE Holiday Schedule for 2013" (Shang Zheng Jiao Zi [2012] No. 205).

CME Group Inc. Declares Quarterly Dividend

Date 31/01/2013

CME Group, the world's leading and most diverse derivatives marketplace, today declared a first-quarter dividend of $0.45 per share, payable March 25, 2013, to shareholders of record March 8, 2013.

Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange, TMX Select and Alpha Closed For Family Day

Date 31/01/2013

Toronto Stock Exchange, TSX Venture Exchange, Montreal Exchange, TMX Select and Alpha will be closed on Monday, February 18, 2013 for Family Day. Natural Gas Exchange (NGX) will operate on a reduced trading schedule from 8:30 a.m. – noon (MST).