News Centre

NICE Acquires Redkite, Innovative Cloud-Based Trade Surveillance Provider, To Enhance Its NICE Actimize Trading Compliance Solutions

Date 25/10/2012

• Redkite’s expertise in front office trading practices and technology enables rapid deployment with minimal IT investment while providing real-time, intraday surveillance analytics.
• This move supports customers’ initiatives for lowering total cost of ownership and deployment timeframes via direct integration with front-office systems with choice of cloud, on-premise or hybrid deployment.
• The combined solution will leverage unparalleled market expertise in both trading operations and compliance practices to deliver a best-of-breed analytical superset covering equities, fixed income and futures compliance.
• This combination merges NICE Actimize’s tier one on-premise expertise with Redkite’s innovative cloud approach to produce the trade compliance industry’s broadest trade compliance offering that serves financial institutions of all sizes.

Bursa Malaysia Reprimands, Fines And Suspends Chin Khuen Sinn For Engaging In Unlawful Trading Practices

Date 25/10/2012

Bursa Malaysia Securities Berhad (Bursa Securities) has publicly reprimanded, imposed a fine of RM10,500 and suspended Chin Khuen Sinn (Chin) for three weeks as a Registered Person, including from trading on or through the stock market of Bursa Malaysia as a Dealer’s Representative (DR), for engaging in intraday shortselling activities in a client’s account. Chin is also required to undergo training on the conduct or professionalism of DRs and market offences.

Tokyo Grain Exchange: SPAN Parameters Effective From Nov. 1, 2012 To Nov. 15, 2012

Date 25/10/2012

The SPAN parameters applicable from November 1, 2012 (Thu) to November 15, 2012 (Thu) are now available on the Japan Commodity Clearing House website at the following URL:

http://www.jcch.co.jp/i/

New SPDR ETF Launched On Xetra - ETF Tracks Stock Corporations In The Global Real Estate Sector

Date 25/10/2012

A new exchange-listed equity index fund issued by SPDR (State Street Global Advisors) has been tradable on Xetra since Thursday.

Thai Bourse Launches OppDay Application On iPad To Boost Info Access Channel

Date 25/10/2012

The Stock Exchange of Thailand (SET) has continued to boost opportunities for investors by today launching a new application, called “OppDay” on iPad for its highly-popular Opportunity Day event, where top managements of listed companies meet directly with fund managers, analysts and investors each quarter, enabling them and the general public to find out about specific firms directly from the companies themselves, especially about performance and plans.

MCX Weekly Market Report October 19, 2012 – October 24, 2012

Date 25/10/2012

Please click here to download the MCX Weekly Market Report.

Orc Introduces Orc Trade Access - Stand-Alone Market Access Solutions For Brokers And Trading Firms

Date 25/10/2012

Orc, a leading provider of technology and services for the global financial industry, today announced Orc Trade Access, a stand-alone market access solution which provides high functionality and low-latency connectivity to exchanges, brokers and market data sources.

Hong Kong's Securities And Futures Commission: Hontex's Repurchase Offer To Close Without Extension

Date 25/10/2012

The Securities and Futures Commission (SFC) has been informed by the Administrators of the Repurchase Offer by Hontex International Holdings Company Limited (Hontex) that the level of acceptance of the Repurchase Offer has exceeded 50%, reaching approximately 53% as at 4:00 pm yesterday.

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UK's Financial Services Authority Confirms New Rules That Will Hard-Wire Common Sense Into The Mortgage Market

Date 25/10/2012

The Financial Services Authority (FSA) has published new rules that put common sense at the heart of the mortgage market and will prevent future borrowers ending up with a mortgage they cannot afford.

United States District Court Southern District Of New York - United States Of America V Rajat K. Gupta, Defendant - Sentencing Memorandum And Order - Rajat K. Gupta Sentenced To 24 Months’ Imprisonment, Concurrent On All Counts, To Be Followed By One Year Of Supervised Release

Date 24/10/2012

The Court is called upon to impose sentence on Rajat K. Gupta, who on June 15, 2012, was found guilty by a jury of one countof conspiracy and three counts of substantive securities fraud, in connection with providing material non-public information to RajRajaratnam.  Federal law requires a court to state, not only orally but in writing, its reasons for imposing a sentence “different from”a Guidelines sentence. 18 U.S.C. § 3553(c)(2).  See also United States v. Rattoballi, 452 F.3d 127, 128-29 (2d Cir. 2006). This willbe a non-guidelines sentence, and, accordingly, the Court will both read this Sentencing Memorandum in open court and docket it promptly thereafter.