News Centre

International Monetary Stability Key for Maintaining Global Growth Says New Report

Date 05/06/2012

• A new World Economic Forum report examines key challenges for the euro, dollar and yuan and their implications for global growth, investment and business environments.
• International monetary stability is at risk due to uncertain future international roles of these currencies, while policy choices within each currency area could radically alter global patterns of trade and capital movement.
• The full Euro, Dollar, Yuan Uncertainties: Scenarios on the Future of the International Monetary System report is available at http://wef.ch/EuroDollarYuanUncertainties

CFTC Orders Morgan Stanley & Co. LLC To Pay $5 Million Civil Monetary Penalty For Unlawful Noncompetitive Trades - Morgan Stanley Had Inadequate Supervisory Systems And Controls To Detect And Deter The Unlawful Conduct That Occurred Repeatedly Over 18-Months

Date 05/06/2012

The U.S. Commodity Futures Trading Commission (CFTC) today issued an order filing and settling charges that, over an 18-month period, Morgan Stanley & Co. LLC (Morgan Stanley), a registered futures commission merchant (FCM), unlawfully executed, processed, and reported numerous off-exchange futures trades to the Chicago Mercantile Exchange (CME) and Chicago Board of Trade (CBOT) as exchanges for related positions (EFRPs). The CFTC order requires Morgan Stanley to pay a $5 million civil monetary penalty and to cease and desist from further violations of the Commodity Exchange Act (CEA) and CFTC regulations, as charged.

Warsaw Stock Exchange Cross Order Trade Increasingly Popular

Date 05/06/2012

• Increasing cross order trade on the WSE two months since launch 
• Growing share of cross order trade in total session trading
  

Testimony Of FINRA Chairman And CEO Richard G. Ketchum Before The Committee On Financial Services

Date 05/06/2012

Chairman Bachus, Ranking Member Frank and Members of the Committee:

I am Richard Ketchum, Chairman and CEO of the Financial Industry Regulatory Authority, or FINRA. On behalf of FINRA, I would like to thank you for the opportunity to testify today on H.R. 4624, the Investment Adviser Oversight Act of 2012.

TSX Block List Leaders - May 2012

Date 05/06/2012

Block Trade Summaries

Block trades are large trades with a volume of 10,000 shares or more and a value of $100,000 or more. The TSX Block List Leaders lists shows the top ten brokers chosen by their customers to execute these significant block trades on Toronto Stock Exchange. For a full list of block trades for all brokers, get our Broker Block Summary.

AMF Completes The Incorporation Of ESMA Guidelines On Risk Measurement And The Calculation Of Global Exposure For Certain Types Of Structured UCITS

Date 05/06/2012

Having  already  incorporated  virtually  all  ESMA  guidelines  on  this  subject,  the  AMF  has supplemented the provisions of AMF Instruction 2011-15 so as to achieve full compliance.

New Version of WSEInfoSpace: New Functionalities And Company Profiles

Date 05/06/2012

• WSE and PAP have modified the portal WSEInfoSpace as of June
• New technology solutions facilitate prompt access to information and direct communication of companies with shareholders and potential investors

Dow Jones-UBS Commodity Indexes May 2012 Performance Report

Date 05/06/2012

The Dow Jones-UBS Commodity Index was down 9.14% for the month of May. The Dow Jones-UBS Single Commodity Indexes for lean hogs, feeder cattle and live cattle had the strongest gains with month-end returns of 5.51%, 2.00% and 1.91%, respectively. The three most significant downside performing single commodity indexes were orange juice, cotton and WT1 crude oil, which ended the month down 21.01%, 19.97%, and 17.79% respectively.

Boerse Stuttgart Generates Turnover Of Around EUR 7.6 Billion In May - Increases In Securitised Derivatives, Debt Instruments And Investment Funds - High Trading Volumes In German Government Bonds (‘Bunds’) And Corporate Bonds

Date 05/06/2012

According to its order book statistics, Boerse Stuttgart generated turnover of around EUR 7.6 billion in May 2012. The trading volume was about 16 percent higher than in April. With more than EUR 3.7 billion, securitised derivatives accounted for the largest part of the total turnover in May. So this asset class grew by more than 11 percent in comparison with the previous month. Investment products accounted for more than EUR 1.9 billion of the total turnover, while leverage products contributed just under EUR 1.8 billion.

May 2012 Commodities Commentary: Dow Jones-UBS Commodity Indexes Down On Global Economic Uncertainty

Date 05/06/2012

The Dow Jones-UBS Commodity Index was down 9.14% for the month of May, with some commodities striking multi-year lows as investors focused on the strong U.S. dollar and economic uncertainty in Europe and China. Moody’s Investor Service cut the ratings of 16 banks in Spain. Fitch Ratings also downgraded Greece’s credit. A new election in Greece on June 17 offers no guarantee of a viable government able to implement an EU-IMF bailout that has roiled the country.